P7,was crappily petty and difficult. Now considering I haven't put much hopes in p2,failing p7 together would be real
This post has been edited by ellimist: Dec 4 2007, 11:20 PM
Business ACCA (v2)
|
|
Dec 4 2007, 11:20 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
6,106 posts Joined: Jan 2003 From: Klang |
Reading time started from 3pm so the exam ended at 6.15pm for us here at Sunway. (I assume that's how it's done elsewhere too)
P7,was crappily petty and difficult. Now considering I haven't put much hopes in p2,failing p7 together would be real This post has been edited by ellimist: Dec 4 2007, 11:20 PM |
|
|
|
|
|
Dec 4 2007, 11:48 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,172 posts Joined: Oct 2004 From: 7th Heaven |
any tips for P1,P2,and P3??? hehe...
|
|
|
Dec 5 2007, 02:57 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,656 posts Joined: Nov 2004 |
QUOTE(scorpiok @ Dec 4 2007, 09:17 PM) that is not necessary to discount the provision as long as the provision is paid not more than one year later.. I saw some word there. It should be impairment of goodwill. Im not sure since i do not have the question with me.If the provision need to discounted, the question normally will give the discount rate or market rate... For example, when the provision need to be paid at 2 years later is 1000 (discount rate = 5%)and the amount in the B/S should be Year 1 = 1000 / 1.05^2 = 907 PLUS interest for the year =907x5%=45.35 =952.35 Year 2 =952.35 +(952.35x5%)=999.9675 =1000 Figure different due to rounding error..so at the end of the year 2 is should have 1000 in the liability which is the amount expected to settle the obligation.. Added on December 4, 2007, 9:29 pm this i also not sure..since is the answer given in the past year... and is it.. ![]() This post has been edited by keith_hjinhoh: Dec 5 2007, 02:58 AM |
|
|
Dec 5 2007, 03:17 AM
|
![]() ![]()
Junior Member
162 posts Joined: Sep 2007 From: PJ, Selangor |
QUOTE(scorpiok @ Dec 4 2007, 11:07 PM) haha.. so i assume u miss dat le =pgud luck wit P2 course mate.. i gave up wit it ed.. and for F9, i dunno if i sud giv up with it.. seems like its much more diff den our previous FMC paper.. dun even know wad to do bout it.. and im having this paper on thursday.. any advise for F9 paper, anyone? and btw, is Dec 2007 the first sitting for F9 as well? or is it June 2007? |
|
|
Dec 5 2007, 08:03 AM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,171 posts Joined: Dec 2005 |
QUOTE(ellimist @ Dec 4 2007, 11:20 PM) Reading time started from 3pm so the exam ended at 6.15pm for us here at Sunway. (I assume that's how it's done elsewhere too) p6 is always difficult even under the old syllabus...P7,was crappily petty and difficult. Now considering I haven't put much hopes in p2,failing p7 together would be real QUOTE(yyteik @ Dec 4 2007, 11:48 PM) i thought all oledi uploaded in the previous pages..so pls search it out.. |
|
|
Dec 5 2007, 09:25 AM
|
![]() ![]()
Junior Member
145 posts Joined: Oct 2005 |
QUOTE(keith_hjinhoh @ Dec 5 2007, 02:57 AM) I saw some word there. It should be impairment of goodwill. Im not sure since i do not have the question with me. because the question is a impairment test question..it is compare the CA to RA...and it is compare the 3.0 to 3.3 so no goodwill is impaired.. and so i wat i feel weird is why they wan to add the negative goodwill to find CA before they compare to RA... |
|
|
|
|
|
Dec 5 2007, 10:42 AM
|
![]() ![]()
Junior Member
77 posts Joined: Jan 2007 From: Johor Bahru ~~ |
QUOTE(ellimist @ Dec 4 2007, 11:20 PM) Reading time started from 3pm so the exam ended at 6.15pm for us here at Sunway. (I assume that's how it's done elsewhere too) P7,was crappily petty and difficult. Now considering I haven't put much hopes in p2,failing p7 together would be real i do all the p7 question ... however donno the audit procedure correct or not i tot the 1st question is abt a/c std when i look at the case at 1st glance...however ... the question =.= doesnt much related to a/c std |
|
|
Dec 5 2007, 11:17 AM
|
![]() ![]()
Validating
263 posts Joined: Jun 2006 |
QUOTE(coolly @ Dec 4 2007, 08:44 PM) i think if u jus become ACCA member and did not join MIA,then u belongs to (ii) sorry, wanna edit my words.. The article that he wrote DID came out in Q3, just im uncertain bout it, so skip that qn.. haha.. if u join MIA liao,then is (iv) o (ii) lo.. haha..is ckf la..aiyo.. ya,for 2.3 i know many ppl said quite ok la..but my friend say 3.2 quite tough ma..so mah ask ask here lo.. i still go and tell ppl normally he wrote article will out,and also will out pilot.. luckily pilot got out,jus article no out lo.. yaya..richard still wan prove his capability to kill students..hehe..so cannot spot the questions.. yaya.agree with gary...don give up,no matter how jus go to hantam it... u give up then will fail,u no give up not nece u fail,got hope to pass..so why not fight till the last minute leh.. QUOTE(ellimist @ Dec 4 2007, 11:20 PM) Reading time started from 3pm so the exam ended at 6.15pm for us here at Sunway. (I assume that's how it's done elsewhere too) But I heard my fren said examiner put P7 very similiar with pilot for this first round.?P7,was crappily petty and difficult. Now considering I haven't put much hopes in p2,failing p7 together would be real |
|
|
Dec 5 2007, 11:34 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,273 posts Joined: Sep 2005 |
HOW MANY of u think that this sitting paper quite similar wit PILOT PAPER ? Any papers ?
Wan to ask, pass ACCA only its affliate, to get memebership, need 3 years experience... But, I don't understand this site ... JPA only recognise ACCA if u only gain membership ? http://www.interactive.jpa.gov.my/webinter...MainIktiraf.asp But, it recognise Penang Sistematik Kolej ACCA course... (I wan to apply for DPLI post) See the link, http://www.interactive.jpa.gov.my/webinter...MainIktiraf.asp |
|
|
Dec 5 2007, 11:36 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
6,106 posts Joined: Jan 2003 From: Klang |
QUOTE(G[a]rY @ Dec 5 2007, 11:17 AM) Well,in bits and pieces. Like if pilot paper focused on an area,it seemed to just pop up as a small part in the real exam.Pilot paper was more forgiving in the sense it wasn't as specific,imo (can't really remember the paper itself now,nor the pilot paper =p) |
|
|
Dec 5 2007, 11:39 AM
|
![]()
Junior Member
11 posts Joined: Nov 2007 |
feel like to give up....the fees cannot be claim back right |
|
|
Dec 5 2007, 12:17 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,656 posts Joined: Nov 2004 |
QUOTE(scorpiok @ Dec 5 2007, 09:25 AM) because the question is a impairment test question.. Negative goodwill (badwill)-occurs when fair value of net assets acquired is greater than the purchase price. Check back the fair value of net assets, is there any indication of downgrade when the time acquired? For example, During acquisition FV is deemed as 3M but then later, investigation found out only 2.7M. The amount is just an example..it is compare the CA to RA...and it is compare the 3.0 to 3.3 so no goodwill is impaired.. and so i wat i feel weird is why they wan to add the negative goodwill to find CA before they compare to RA... QUOTE(alexandria @ Dec 5 2007, 11:39 AM) feel like to give up....the fees cannot be claim back right |
|
|
Dec 5 2007, 01:11 PM
|
![]() ![]() ![]()
Junior Member
370 posts Joined: Jan 2003 |
2 hrs more to F8 =) ... Scary scary
|
|
|
|
|
|
Dec 5 2007, 02:15 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,358 posts Joined: Jan 2003 |
45 minutes to go .. even scarier
|
|
|
Dec 5 2007, 03:47 PM
|
![]()
Junior Member
44 posts Joined: Nov 2006 |
hihi for those who already sit for the exam,
Please share if u think the exam question are similar with pilot paper? |
|
|
Dec 5 2007, 03:55 PM
|
![]() ![]()
Junior Member
162 posts Joined: Sep 2007 From: PJ, Selangor |
sob.. no one answered my ques..
i repeat again =p is Dec 2007, the first sitting for F9? |
|
|
Dec 5 2007, 04:53 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
6,106 posts Joined: Jan 2003 From: Klang |
|
|
|
Dec 5 2007, 06:41 PM
|
![]() ![]() ![]()
Junior Member
370 posts Joined: Jan 2003 |
F8 is over . . .I'm just hoping for a 50% pass !!!
I didn't even know the 1st question was for substantive or Test of controls .. And the last question .. meaning and purpose of the paragraphs ... Ack .. Dunno how 2 do at all .. |
|
|
Dec 5 2007, 06:51 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,172 posts Joined: Oct 2004 From: 7th Heaven |
http://www.accaglobal.com/documents/exam_script_booklet.pdf
http://www.accaglobal.com/documents/crs.pdf is this the 2 documents that we need to fill up in the exam??? how to fill this up correctly??? first timer.. hee.. if i see these papers.. i knoe how to fill up.. but i need advice on how to fill it up correctly... |
|
|
Dec 5 2007, 07:50 PM
|
![]() ![]()
Junior Member
190 posts Joined: Dec 2007 From: Malaysia to Coventry |
IM BACK..
nyway, just finish F8.. but it seems this round is fair,hopefully the marker doesnt strict much..the easy the paper,the more stricter the marking scheme..yet i think F8 is easy a bit..thats what worried me..Conclusion.. F8 is FULL OF PROCEDURES!! hopefully i can fulfil my dream of passing and make low chin ann proud too This post has been edited by HBK-reloaded: Dec 5 2007, 07:52 PM |
|
Topic ClosedOptions
|
| Change to: | 0.0302sec
0.58
6 queries
GZIP Disabled
Time is now: 27th November 2025 - 05:43 PM |