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ACCA V7 , Global Body for Professional Accountants
tzxsean
Oct 14 2011, 09:02 PM
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.
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
Oct 16 2011, 12:16 AM
i just got mine as well
didnt get bend
but was scrolled
tzxsean
Oct 25 2011, 02:03 AM
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.
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
tzxsean
Oct 27 2011, 08:01 PM
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 ?
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
Oct 27 2011, 11:56 PM
dun spot question later not accurate u're only going to regret just study all
tzxsean
Oct 30 2011, 11:49 PM
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
Nov 1 2011, 03:51 PM
P2 is behind me now .... p3 p5 p7 in front @_@
tzxsean
Nov 2 2011, 11:40 PM
you all are so hardworking im a slacker hahaha
tzxsean
Nov 4 2011, 07:25 PM
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
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
Nov 8 2011, 01:00 AM
QUOTE(starz92 @ Nov 7 2011, 09:13 PM)
got that. Thanks
Added on November 7, 2011, 9:15 pm Recently 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?
acca connect or email oso can la
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
Nov 10 2011, 01:50 AM
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)...
it's not very straightforward... may not know how to do during exam..
any seniors here pass it without doing it??? or how u overcome it???
read and understand/memorise the standards thing
and do not leave it blank ( attempt every sub question) even u duno
tzxsean
Nov 10 2011, 10:06 PM
QUOTE(Doreamon10 @ Nov 10 2011, 08:12 PM)
I am sitting for P3 mock exam next Thursday. So scared...
How come the more time I spent studying, the more nervous i get? Anyone here have any stress remedy? Take a break?
go cinema watch movie
tzxsean
Nov 11 2011, 12:49 AM
QUOTE(caillech @ Nov 11 2011, 12:46 AM)
oh mai ur advice is same as the common exam tips lol
Q5 extract of f/s can overcome liao but Q4 treatment of scenario is juz
u better start looking it now
VIDEO
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
Nov 14 2011, 01:55 PM
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
Nov 14 2011, 07:24 PM
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
Nov 14 2011, 11:46 PM
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...
i post since got ppl requested it mah
do some gd deeds to pass ACCA
tzxsean
Nov 15 2011, 10:03 PM
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
feel that it's like testing our bullshitting skill & imagination rather than knowledge..
hoho
im taking P7 this dec
tzxsean
Nov 19 2011, 02:09 AM
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
Nov 20 2011, 02:26 AM
relax la ...
pi tengok You Are the Apple of My Eye
very nice
tzxsean
Nov 27 2011, 12:45 PM
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..
lol...i only got GTG's f5 & f7 ....and it's 2010 version