Archive about 'Others'

Past Examination Questions From AAT

For the easy reference of the readers, extracted below are past examination questions from the AAT’s website:http://www.aat.org.uk/students/display/store4/item37046/ .

FOUNDATION AND CERTIFICATE LEVEL OF AAT

Foundation/Certificate - June 2007
IAC - June 2007 questions
PLB - June 2007 questions
Foundation/Certificate - December 2006
IAC - December 2006 questions IAC - December 2006 model answers
IAC - December 2006 Chief Assessor’s report
PLB - [...]

Study Tip- Using Mind Mapping As A Study Tool

Mind mapping is not new. Perhaps some students might already be using them as part of their study aids/tools.For those who are not familiar with them, append below some notes:

Developed by Tony Buzan in the late 1960’s, this is a powerful graphic technique that unlocks the potential of the brain.
Can be used effectively to refresh [...]

Some Commonly Asked Examination Topics

1      Basic Bookkeeping
        ·     Bad debts
        ·     Balance sheet
      ·     Bank reconciliation statement
      ·     Books of prime entry
      ·     Control accounts
      ·     Correction of errors
      ·      Extended trial balance
      ·     Manufacturing accounts
      ·     Profit and loss account
      ·     Provision
        ·     Provision for doubtful debts
      ·     Provision for depreciation
      ·     Provision for discounts

Reserves
Suspense accounts
Trading account
Trial balance

2 Budgets

Budgetary control
Cash [...]

ICMA EXAMINATION SYLLABUS ( Updated: July 2007)

ICMA OVERALL EXAMINATION SYLLABUS

Stage 1

Organizational Management
Accounting Principles & Practice

Accounting Control Systems
Financial Information Systems

Stage 2

Financial Economics
International Business Law & Governance

Business Analysis & Audit
International Business Taxation

Stage 3

Financial Accounting
Marketing Management

Information Management
Strategic Management

Stage 4

Financial Management
Financial Statement Analysis

Financial Modeling
Managerial Accounting

STAGE 1 ICMA EXAMINATION SYLLABUS

Unit 1 : Organisational Management
Objectives :
On completion of this subject students should have [...]

ACCA EXAMINATION SYLLABUS ( Updated: July 2007)

ACCA OVERALL EXAMINATION SYLLABUS

Fundamental Level:

F1 Accountant in Business AB
F2 Management Accounting MA
F3 Financial Accounting FA
F4 Corporate and Business Law CL
F5 Performance Management PM
F6 Taxation TX
F7 Financial Reporting FR
F8 Audit and Assurance AA
F9 Financial Management FM

Professional Level:

P1 Professional Accountant PA
P2 Corporate Reporting CR
P3 Business Analysis [...]

Revision Study Tips

Extracted below are some examination tips:-

Revise thoroughly

The best way is to practise as many relevant past exam questions as possible, answering the questions in full and spending time learning from the solution.

Prepare summary notes

Using summary notes can help to achieve exam success.
For each exam, prepare notes covering the most important topics and [...]

Basic Examination Technique

PREPARATION

To be successful in accountancy examination, it is very important that the following cardinal rules should be mastered:

You must acquire a thoroughly sound knowledge of double entry book-keeping;

Always, try to understand why things are done. Incidentally, accounting is still a logical science. With the proper grasping of the underlying principles, concepts, rules, the next [...]

Revision Notes: Depreciation Of Fixed Assets

Revision Notes on Depreciation Of Fixed Assets

Salient points:

1. Understand WHAT is depreciation & REASONS for depreciation:

Depreciation is the permanent and continuing diminution in the quality, quantity or value of an asset.
Simply, depreciation is the loss of value due to fixed assets being consumed in order [...]

Ethnical Conducts And The Management & Financial Management Accountants

Extracted from the www: imanet.org are some guidelines pertaining to ethical dilemmas. These standards are in the areas of competence, confidentiality, integrity and objectivity for those practitioners of management accounting and financial management
By understanding the below guidelines, it is hoped that readers who aspire to be future accounting practitioners know that they have heavy task [...]

Revision Notes On Cost/volume/profit (CVP) relationships and break-even analysis.

Understand what is Cost/Volume/Profit Analysis and Breakeven Analysis

Cost-volume-profit (CVP) analysis studies the effects on future profit of changes in fixed costs, variable costs, volume, sales mix and selling price.

Remember what is Break-even (B/E) analysis

1. In fact Break-even (B/E) analysis is one application of CVP. B/E analysis is useful for profit planning sales mix decisions, [...]