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 ACCA V7, Global Body for Professional Accountants

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tzxsean
post Oct 14 2011, 09:02 PM

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QUOTE(notmycupoftea @ Oct 14 2011, 03:03 PM)
the normal exam result transcript they will fold half
the envelope tat they used to send cert. is like this
» Click to show Spoiler - click again to hide... «


no worries, u will probably receive it next week. unless ur address is wrong, i dun think ACCA will miss out ur cert.
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i didnt change my address at all ....

i din even get the Student Accountant for the essential guide

This post has been edited by tzxsean: Oct 14 2011, 09:02 PM
tzxsean
post Oct 16 2011, 12:16 AM

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i just got mine as well

didnt get bend

but was scrolled laugh.gif
tzxsean
post Oct 25 2011, 02:03 AM

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QUOTE(Irresistible @ Oct 24 2011, 08:45 PM)
Any P2 lecturer spotting Conso question ?

Is Conso cash flow likelihood come out high ?

Got a question :

REOGANISATION PROVISION

IAS37 eexplains that a plan to restructure a subsidiary following an aquisition is not a present obligation of the acquiree at the acquisition fate, unless it meet the criteria in IAS37 Provisions, contingent liabilities & contingent assets.
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cash flow came out last year dec 2010

what question u wan about provision for restructuring ?

it has to be communicated to the parties affected, management has the exact plan and only direct cost attributable to restructuring can be included

if im not mistaken tongue.gif
tzxsean
post Oct 27 2011, 08:01 PM

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QUOTE(Irresistible @ Oct 27 2011, 07:50 PM)
Got Question P2 one....

BPP Q31,

Convertible bond without conversion option interest is 8%  (2.3) , payable in arrears at nominal interest rate of 6% (1.8).

My answer:
Dr Retained earning  2.3
    Cr liability  2.3

Dr liability 1.8
    Cr bank  1.8

So, retained earning should be reduced by 2.3 . right ?
Book ANSWER: Group Retained earning reduced by 2.3 - 1.8 = 0.5  ?

Why is like that ?
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we need full question to interpret it

if merely deduce from the answer

I would guess that the company accountant made a mistake in the finance cost ( nominal rate instead of effective interest rate )

hence the 1.8 is already included in the account. Therefore reduce another 0.5 to reflect the accounting treatment
tzxsean
post Oct 27 2011, 11:56 PM

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dun spot question

later not accurate

u're only going to regret

just study all
tzxsean
post Oct 30 2011, 11:49 PM

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not sure correct or not

plan asset = funds to be paid to employee

when u paid benefit, it is taken from plan asset

so FV will drop
tzxsean
post Nov 1 2011, 03:51 PM

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P2 is behind me now .... p3 p5 p7 in front @_@
tzxsean
post Nov 2 2011, 11:40 PM

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you all are so hardworking

im a slacker hahaha
tzxsean
post Nov 4 2011, 07:25 PM

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QUOTE(Irresistible @ Nov 4 2011, 06:28 AM)
About DEFER TAX.

i)Goodwill is not allowable for tax purposes.  Tax base = carrying amount.  No defer tax .  WHY ?

ii) Other Intangible assets were development costs which were all allowed for tax purposes when the cost was incurred in 20x5.
Tax base = NIL.  Arise defer tax.  WHY ?

Thanks guys notworthy.gif  notworthy.gif  notworthy.gif
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when tax base is different from carrying amount

there will be temporary difference

and by multiply with tax rate

it will become either deferred tax asset or deferred tax liability
tzxsean
post Nov 8 2011, 01:00 AM

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QUOTE(starz92 @ Nov 7 2011, 09:13 PM)
got that. Thanks


Added on November 7, 2011, 9:15 pmRecently i have been invoiced with an exemption fees for f1,f2 and f3. According to my lecturer, there's no need for me to pay the fees as i was transferred from CAT. so i am wondering if there's some misunderstanding.Should i email acca or send them enquiry using acca connect?
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acca connect or email oso can la yawn.gif

sometimes something no need to ask here one ma if unsure

This post has been edited by tzxsean: Nov 8 2011, 01:00 AM
tzxsean
post Nov 10 2011, 01:50 AM

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QUOTE(caillech @ Nov 9 2011, 03:28 PM)
OMG!

recently i do f7 past year question hor... i feel that Q4 & Q5 very hard leh (those scenarios based on IAS)... rclxub.gif

it's not very straightforward... may not know how to do during exam.. sad.gif

any seniors here pass it without doing it??? or how u overcome it???  unsure.gif
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read and understand/memorise the standards thing

and do not leave it blank ( attempt every sub question) even u duno
tzxsean
post Nov 10 2011, 10:06 PM

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QUOTE(Doreamon10 @ Nov 10 2011, 08:12 PM)
I am sitting for P3 mock exam next Thursday. So scared... sweat.gif  unsure.gif  How come the more time I spent studying, the more nervous i get? Anyone here have any stress remedy? Take a break?
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go cinema watch movie
tzxsean
post Nov 11 2011, 12:49 AM

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QUOTE(caillech @ Nov 11 2011, 12:46 AM)
oh mai ur advice is same as the common exam tips lol   doh.gif

Q5 extract of f/s can overcome liao but Q4 treatment of scenario is juz  ohmy.gif

u better start looking it now  blush.gif

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of course common

unless u're godly in predicting the topics

however if u read all..sure u can relate to the topics even u dun really noe wad standards it's all about

p/s: i baru tengok adventures of tintin

This post has been edited by tzxsean: Nov 11 2011, 12:52 AM
tzxsean
post Nov 14 2011, 01:55 PM

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Tips for ACCA Paper P3 Business Analysis

Q1 Normal appraisal and advice. Perhaps with takeovers and expected values

Q2 Marketing, particularly pricing

Q3 Project – project initiation documents and gateways

Q4 Strategic use of IT

Q5 Strategy and people



Tips for Paper P5 Advanced Performance Management

VA

Non financial performance measures

Information needs of different business structures

Different approaches to budgeting; beyond budgeting

source: http://opentuition.com/acca/acca-exam-tips...ber-2011-exams/

p/s: still pretty much incomplete
tzxsean
post Nov 14 2011, 07:24 PM

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better dun rely on tips la

later no come out and u no study sure kena doom eh

but previous sitting the tips quite accurate
tzxsean
post Nov 14 2011, 11:46 PM

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QUOTE(caillech @ Nov 14 2011, 11:04 PM)
u r the 1st one hu post the tips at here lol..

and now u tell us dun rely on tips pula... doh.gif
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i post since got ppl requested it mah

do some gd deeds to pass ACCA laugh.gif
tzxsean
post Nov 15 2011, 10:03 PM

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QUOTE(caillech @ Nov 15 2011, 06:39 PM)
juz follow wat our senior tzxsean said...

>>>>>>dun rely on tips<<<<<<

btw, f8 revision is very boring  yawn.gif

feel that it's like testing our bullshitting skill & imagination rather than knowledge..
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hoho

im taking P7 this dec doh.gif
tzxsean
post Nov 19 2011, 02:09 AM

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lol... defer?

i noe sunway helped their students to do that

n if u alone wan to defer

u need to explain to ACCA with a really gd reason

and confidence or not... just go sit for the sake of it... most likely ACCA

wont bother ur request

who noes luck may be on ur side when questions are reveal or when

the result is release?
tzxsean
post Nov 20 2011, 02:26 AM

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relax la ... laugh.gif

pi tengok You Are the Apple of My Eye

very nice thumbup.gif
tzxsean
post Nov 27 2011, 12:45 PM

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QUOTE(hakumiyashi @ Nov 26 2011, 11:44 AM)
Does anyone here know where I can get Kaplan F5 and F7 textbooks now?

I tried Kasturi and they said it's out of stock already..
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lol...i only got GTG's f5 & f7 ....and it's 2010 version laugh.gif

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