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Join us as we study together for P5 December 2010 diet. Post in your questions and anything you learn newly. There will be weekly updates in this forum. Meet students who will study together with you and let’s all pass together, this time.
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let’s study P5~
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ACCA results out August 23. I guess we can start studying P5 immediately so we can have an edge. Indicate your interest by enter a comment here. Please check back every week for something new.
Good luck!
hi, everyone.This is my first time to study by myself. i wish we can learn together and of course pass together. 🙂
i use bpp textbook. just now, i have read the strategic control system. do anybody know about this system as i still don’t know what are the main points in this topic. besides, i also wish to know more about gaps and false alarms. THANKS for the replying.- Topics: 0
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i would like to be a part of this group. should we start going through the topics together or should we go straight to the past paper questions. waiting on responses
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@kele We will go through the topics one by one and then try out past questions. We have 13 weeks to study 10 chapters. We will study one chapter per week. Let’s meet on Mondays 9.00am GMT to study the topic for the week and then on Fridays 9.00am GMT to discuss what we have studied and treat past questions. Please suggest another convenient time, if you’re not pleased with the time.
Chapters
1. Environmental influences
2. Approaches to budgets
3.Changes in business structure and management accounting
4. The impact of information technology
5. Performance measurement systems and design
6. Financial performance measures in the private sector
7. Divisional performance appraisal and transfer pricing
8. Performance management in not-for-profit organisations
9. Non-financial performance indicators
10. Current developments in performance managementDo have a wonderful time.
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that sounds like a good plan. The time is fine
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Let’s start off with Approaches to budget.
-Fixed and flexible budgets
-rolling budgetary system
-activity based budgetary system
-incremental budgetary system
-zero based budgeting
-budgeting in non-for-profit organisations
-beyond budgetingWe will study this for the week up till Friday, 27th August, 2010 and then meet on that date by 9.00am GMT for discussion on the topic
@kele you will help us fetch past questions on this topic and post it here before Friday so we can all study together.
@456852 we need your input. bring your comments and questions so we can thrash it out.
@ellie Where are you, we need you now.Invite your friends to join OpenTuition and, in deed, this P5 study group. I believe we’re going to have a wonderful experience studying P5 this diet. I hope Shane Johnson is ready for us.
It’s showtime!
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ok this i will do
it is a good plan. but, i wish to know whether those 10 chapters include all our syllabus.
https://www.accaglobal.com/pubs/students/acca/exams/p5/syllabus/p5_syll_sg.pdfso, we will study the syllabus A2 this week.
Appraisal of alternative approaches to budgeting for control
a) Evaluate the strengths and weaknesses of alternative budgeting models and compare such techniques as fixed and flexible, rolling, activity based, zero based and incremental. [3]
b) Assess how budgeting may differ in not-for profit organisations from profit seeking organisations. [3]
c) Evaluate the issues raised by advocates of ‘beyond budgeting’. [3]
d) Discuss the behaviour aspects of budgeting for control and the impact such behaviour may have on corporate performance. [3]i will try my best and i am glad to join this forum. let us study together and pass together. For the time, i will try to follow it, if i cannot come on time, i will come later to post some which i don’t understand and see your discussion. I am sorry to cause your inconvenience.
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Hi All,
I am happy to join this group alos if thats cool? P5 is the last one I have left so want to nail it in Dec. Anybody know that there is a new examiner for this semester? Will he post a new pilot or do we work from past papers?
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https://www.accaglobal.com/pubs/students/publications/student_accountant/archive/sa_aug10_p5.pdf
This is the new article by the new examiner
yes, i know that this sitting will have a new examiner. hopefully the question will be more easy.
how to meet on Mondays 9.00am GMT and friday?? at here or chat? why i dun see u?
Hi everyone, just got my result 48 and feel so disappointed. This is my second attempt, first attempt I got 47. I was panicking as I spent too long to chose the option question, lost control of time and left 10 marks didn’t attempt. But I didn’t expect marginal pass as I did all the questions in the past sittings so I thought this should not cost me a fail…..
Is there anyone did classroom study in London, any good lecture to recommend?
These guys achieved pass, self-study or on-line course? Can anyone recommend any study approach?- Topics: 0
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we’re meeting on the 27th this friday
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Excellent..do we meet on this board here?
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Happy to join you guys, i’m doing self study and i hope we can share a lot between us via this platform. Thanks
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Hi,
Can someone also tell me what other option they are taking. ACCA has recently scrapped Tax syllabus from Zimbabwe so i only have 3 option? i am defintely taking P5 but what other subject
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P7 was grand I thought. Advanced Audit..its not glamorous but isnt too bad to cover..less time needed than the numeric orientated options like P4/P6
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Thank you kevcole81. did you pass P& this last sitting
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I passed P7 in December first time thankfully. I preferred it as I took with P2 (which everyone knows is a nightmare timewise!!!) and it meant I could afford time for P2 aswell..
Its basically F8 with common sense applied as opposed to lots of pneumonics learned off ye know? I would advise to take it as an option.
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Thank you KEVcole81. so how many subjects do you have to do before you finish.
i am only left with these 2 options and i would really want to finish this December
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