Using Latest FS + 2017/18 Info Pack

EEhsan9y ago

"When resubmitting, it is not necessary to use the latest financial statements (see section 7.d.iv) provided you resubmit within any of the next 4 periods following your original submission. This ONLY applies if you are resubmitting on the same topic and organisation. If you have changed topic and/or organisation, you MUST use the latest financial statements (see section 7.d.iv)." pg 33. A very important change.

Ddalitso9999y ago#1

Hello, Does anyone know when the new information pack for 2017-2018 will be available? I would like to do topic 17 and am afraid it may be changed. Kindly assist.

Ttrephena9y ago#2

We are all waiting for this – I hope to speak to the actual person responsible for issuing this today so hope to have definite news later this afternoon GMT I believe for new submissions both topics 17 & 20 are changing slightly and you will probably have to choose a company affected by a recent scandal in CG or CSR respectively. However I need to confirm this. However resubmissions will NOT be affected by the change and can resubmit under the old title.

Ddalitso9999y ago#3

Thanks a lot,you have helped me a lot.

Ttrephena9y ago#4

Good news everyone - I have received this from the ACCA BSc Office The Information Pack was released earlier this week and is available at at https://www.accaglobal.com/uk/en/student/exam-entry-and-administration/oxford-brookes-bsc-hons-in-applied-accounting.html Could you also advertise to your students that we have a new twitter feed and a Facebook page where they can keep up to date with news? https://twitter.com/OBU_ACCA_BSc https://www.facebook.com/OBU.ACCA.BSc.Applied.Accounting/

Ddalitso9999y ago#5

Good news indeed.....thanks a lot.

Ttrephena9y ago#6

Yes, Ehsan as you say, it is a very important change :-) as having to update the work for a resubmission was a lot of extra work. Note the wording "not necessary" - which means if you want to use the very latest financial statements you can choose to do so but this is now up to you and no longer compulsory.

EEhsan9y ago#7

Yep, wish it was there in P33, lol

AAnthony9y ago#8

Hi The latest financial statements available for my chosen organisation are 2015 but the 2016 ones are due by October. I want to start my report, would there be a problem if i used the 2015 statements as the latest accounts even if the 2016 ones were available by the time i submit my report? Thanks

Ttrephena9y ago#9

Please consult the 90 day rule as set out in the latest information pack. Unless the statements are available ny 31 August 2017 then the previous year's financial statements are acceptable. However bear in mind markers will check the date they were signed and/or audit report to confirm facts on this issue, and the wrong statements can result in instamt failure

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