im taking P1 P2 and P3 this December.Any further tips?
im just wan to ask, is it every time the exam question will similar to the pilot paper?because before that im exempted for those fundamental paper.And this is the 1st time im take the external ACCA paper.

im from tarc...this year ACCA student is about 3++.not include those are resit the paper.
but i think tarc at least can fit around 4++ student gua..

Haha~we r in the same batch la~
im from group 10 de~~

FTC: Dec 2007 Exam Tips (P1, P2, P3)
November 9, 2007 - Admin

P1

Following are the Exam Tips by FTC Kaplan that are likely to appear in December 2007 sitting of P1 Professional Accountant.

* Director Remuneration Packages
* Roles / Problems with NEDs
* Unitary v 2-Tier Boards
* Criticism of a company's current Governance
* How/whether companies should deal with stakeholders
* Board - Performance Evaluation
* Role of internal Audit + Audit Committees
* Different Ethics Models in business
* Identification + Management of risks in a company

P2

Following are the Exam tips for P2 Corporate Reporting that are likely to appear in Dec 2007 Attempt:

* Group accounts - foreign currency or cash flow
* Accounting standards set in a case study environment, including
* Impairment (IAS 36)
* Financial instruments (IAS 32 & 39)
* pension and retirement benefits
* Discussion - conceptual framework

P3

Following are the Exam Tips by FTC Kaplan that are likely to apper in December 2007 sitting of P3 Business Analysis.

* A fundamental appreciation of the key activities associated with strategic analysis, choice and implementation will always be required in interpreting the scenario.
* The relevance of ethics and corporate governance to strategic decision making
* Issues related to globalization and international business management
* Be able to comment in general on how things like HR and IT can help underpin a strategic plan
* Review the pilot paper and make sure you know what CMMI is.

Posted in Exam Tips, FTC. Tags: Dec 2007, Exam Tips, FTC.


BPP Exam Tips
P3

Following are the Exam tips for P3 Business Analysis that are likely to appear in Dec 2007 Attempt. WARNING:The examiners deliberately try to avoid question spotting. Use the tips as areas to have a good look at, but remember that no-one knows what's in the exam except the examiner. Your safest bet is to achieve good syllabus coverage in your revision, as the examiner aims to do in the exam.

* Assessing options for growth
* E-marketing
* Software packages
* Change management
* Six sigma
* Project management

i think not only u are like that, but the whole course also wan to die already...
the CR and the BA really hard to study~

u taking FM is it means all the ppl that fail FMC is going to take FM at the new syllabus?

about the exam docket that day the course rep say it will arrive on next week..and we need to go office to take it personally from ms sumathi.

the exam docket i think is something that like slip that allow u go into the exam hall...
it will sent to your address which show in MYACCA.
FOr detail u can log in to MYACCA to check it out~~

Dun worry..im just look at the ACCA website, if u not receive the docket, u can print it urself from myACCA..

yaya~~
this is treated as gain(credit side) on purchase where u buy something at a pricethat is lower than its fair value~

This post has been edited by scorpiok: Nov 21 2007, 06:31 PM

thx. i will go to take it by tomorrow...
every body gambate la~

We also no choice since the syllabus had changed.
i think last time u all should pass all 3 paper then only considered as pass is it?
but this time if we fail 1 subject then we resit for 1 subject but not 3.i think this will be the advantage.~

Hope can help u...

can anyone tell me wat is the V model all about...
coz i many tips also state this?when we should use this??
when i look at the kaplan text book, this model very very long~so demotivated..

How do u all read about the environment report and those ethic part?
Seems like that part is a MUST cover topic, all past year also cover on it?any guidance to read that?

for me, i will give up P3 instead of P2...
Since the P3 coverage is so wide like Digi
it almost take me 1 weeks to finish reading


Thx for explain that..i will reading the remaining part..
other than this, i saw the CMMI in the Pilot paper..when we need to use this model and wat is all about...

plz dun....eledi pay RM 3xx for this(P2)...quite expensive...very poor here..
hard also got to study~

hey~juz wanna ask u something?
u got re-do our final exam CR conso a/c?
cause cannot get balance here..u got re-do and get the correct answer...
cant get the answer again~~
haih~~internal also cannot do,dun know how to do the external~

i have a question to ask here...
negative goodwill on subsidiary we need to credit to I/S.
but for the negative goodwill on Associate, wat should we do when using equity method..
is it we COI + share of post acq profit + negative goodwill?

But the past year(june 2007) im doing now, over the suggested answer there , the examiner shows that the carrying amount of associate should calculate like tat. the method he use is COI + post acq profit + negative goodwill.because i never saw this before so need to confirm here.

anyway..thx...

then can u list the B/S figure to me?
coz i different 9k(less) at the upper side of the B/S.

that is not necessary to discount the provision as long as the provision is paid not more than one year later..
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..

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Added on December 4, 2007, 9:29 pmthis i also not sure..since is the answer given in the past year...
and is it..



This post has been edited by scorpiok: Dec 4 2007, 09:29 PM