It should be sufficient for most parts of the syllabus. However there were a significant number of new topics added effective June 2011 sitting and most of them have not been questioned yet. CVP analysis and environmental mgnt acct to name a few. So if you're just practicing questions from the past years, then you would not have any practice on these topics.

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Added on June 3, 2012, 2:24 amThe others are decision tree, single resource limiting factors, perfect information and relevant costing. Relevant costing questioned in last sitting.

This post has been edited by hrevijay: Jun 3 2012, 02:24 AM

you are just scaring me!!!!!

Sorry abt that. Was just an honest reply to the query.

lol.. i think i really have to kill my lecturer!!!!
For CVP & Environmental Accounting, there are technical articles written by the current examiner.
I really hate the style she set the questions, more towards theoretical rather than applying =.=

Ha ha. . Env mgnt is completely theoretical. However I don't expect an entire question being set on it, probably just a few marks. CVP on the other hand has significant calculation an graph work, so If it does come out, only a very few marks may be allocated to theory- cvp limitations would be my best guess.

You're right about the tech articles. There's one on almost every topic. They're really helpful and pretty easy to grasp.

btw can someone update the list of good lect for acca for this july?

Hi, I need some help here..

For consolidated statement of retained earning, we should use profit attb to parent or total comprehensive income <tci> attb to parent?

I saw number of past year answer opting profit attb to parent rather than tci attb to parent? But, why?

Thanks in advance...

This post has been edited by keeting89: Jun 3 2012, 11:39 PM

if there is other comprehensive income in the question, use tci attb to parent..

if no, use opting profit attb to parent..

btw, it's called statement of comprehensive income la...

Wow just one more week left. Anyways thought this might be interesting.

Most common mistakes in the ACCA exam hall

Kiran *erm erm* ?! serious ? lol comparing her and Letchumy, which one better? no other choice mann, the coming sem only this 2 lecturers available

P7 Advanced Audit & Assurance (Int)
Sharing some tips to handle this paper:

1. The examiner Ms Lisa has emphasized the practicality of the paper in the context of actual practice in audit firm. Hence, students must take the audit manager / partner perspectives when analysing P7 questions.

2.It is good to re-look and be familiar with all the ISA, IAS and IFRS. Get a copy of standards and look at the requirement of each standards.

3. Apply the accounting standards that you have learnt in P2. Commonly, you need to apply, how to recognise, how to measure and how to disclose.

4. Be familiar with the audit work ie.the phases of audit from planning until finalization.

5. Common questions in P7 are:
-Matters to consider.
-Ethical and professional consideration
-Principal audit risk
-Principal audit procedures
-Business risk and Financial Statement Risk.
-Overall audit strategy
-Nature, timing and extent of audit procedures.
-Audit opinion and report.

6. Common application of IAS are: 2,12, 16, 18, 24, 37 & 38.
7. Common application of ISA are: 220, 315, 330, 420, 520, 560, 570, 580, 600,700.
8. New IFRS to be tested in near future are: IFRS10, 11, 12, 13.

ALL the best next Monday June 11.

Khor Seng Cheong
P7 Lecturer at TAR College Penang
fb: accap7@khorsengcheong.tarpenang

+1
thanks very much!

Well, if you are a slacker go for Kiran..she's easy and her class is quite(too) relaxed..

I never skip a single f8 class before..but when masuk revision class she asked me this: Are you from my class? I never seen you before"

anyone here receive your f level or p level cert?

hi,
i was wondering if anyone has the pdf for Business Accounting by Frank Woods 12th edition.

Thank you

stress stress stress.... need to de-stress

With great stress, comes high marks. . . atleast I hope

yup, just hope for pass

I think Letchumy is not bad.. Most of the stuffs she targeted came out last sem..
She shares alot about her past experience not bad...

ACCA is going paperless, cert also print on your own. that's the response i get from them