Countdown till EXAM!!

Wednesday, December 5, 2007

T9 special class!!

Those getting less than 50 marks are encouraged to come for T9 special class tomorrow

Tomorrow 6th Dec
Thursday
10am - 4pm
Lt4

Please bring along:
1.notes
2. Tutorial
3. Revision pack
Ms Joyce

Tuesday, December 4, 2007

Paper 7

T7 - Planning, Control and Performance Management 4th Dec 2007
1500 hour / 3.00pm

BPP tips:
  • Principles of cost accounting/collecting and analysing cost information
  • Variance analysis
  • Forecasting/time series
  • Decision making scenario/cost management/performance indicators
Random Forecast:
Pretty tough to forecast limited resources/data
  1. Collection of info
    1. External info
  2. Presentation of info
    1. Report format
    2. tables, graphs, charts, histograms...
    3. Indices - Laspeyres & Paasche - Adv & DisAdv
  3. Forecasting
    1. Linear regression - advantages & Disad
    2. high-low method - adv & Disadv
  4. Time series
    1. Trend, seasonal variation, random elements
    2. adv & disadv
  5. Planning and control cycle
  6. Order of budget construction - limiting factor
  7. Prepare Budgets - Master budget (I/S & B/S)
    1. cash budget
    2. other budgets
  8. ZBB
  9. Rolling Budget
  10. Fixed vs Flexible
  11. Responsibility accounting
  12. Budgetary control
    1. Participation (D04)
    1. Goal congruence and dysfunctional decision-making
  13. Standard costing
    1. Calculate
    2. RECONCILIATION!!
      1. Budgeted vs actual (absorption or marginal)
      2. Standard vs actual(PT2)
    3. causes of variances - technical articles
      1. investigation
      2. analysis
    4. interrelationship
  14. Balance score card
  15. relevant costing
  16. CVP
  17. Cost reduction
  18. Value engineering in target costing

We thank Mr Jay for bringing us away from
the DARK SIDE

Dont forget to break the coconuts in India!
May the force be with you!!

Monday, December 3, 2007

Paper 6

Question 1
a) External use - I/S n B/S
b)1. Quick ratio
2. Interest cover
3. Earnings per share
4. Price earning ratio

Question 2
Partnership - partner leave + a little revaluation
c) Advantages and Disadv compare to sole trader

Question3
a)calculate goodwill
b)CBS
c)3 circumstances of 'significant influence' by associates

Question 4
a)Cash flow statement
b)comment

Paper 6

T6 - Drafting Financial Statement
3rd Dec 2007
1500 hour / 3.00pm



BPP tips:
  • Preparation of financial statements for a limited company/non-current assets
  • Conceptual and regulatory framework/notes to the accounts
  • Consolidated balance sheet/ratios
  • Cash flow statement
random tips:
  • F/S Purpose
  • nature & purpose of conceptual framework (Dec 00 & June 03)
  • Standard setting process (PT1)
  • Goodwill IAS38
  • Share & loan notes
    • Definition
    • Difference
    • Advantages 7 disadvantages
  • Cash Flow Statement
    • Prepare
    • comment!!
  • Ratio
    • Calculate
    • compare/ analyse
    • additional info (J05)
    • prepare in report format(J05)
  • Partnership!!
    • a lot can be tested- focus!!
    • sole to partner
    • dissolution
  • IAS-es - IAS 10, 16 , 37 , 38, 28(with CIS), 8
Let's not forget....
Thank You Ms Shanta
for your guidance
and LOVE!!



GOOD LUCK & GODSPEED!!

Wednesday, November 28, 2007

Last day of TAX EDC.

8am

till

1230pm (earliest)
or
230pm (max)
or
3pm (late-st)

Lt2

Don't miss the last class of CAT semester 2!!

Monday, November 26, 2007

Changes!!

Paper 9

8am - 6pm

Lt2

Tue (tomorrow)
&
Wed
Ms Joyce

Saturday, November 24, 2007

Paper 9 EDC/EFC

Paper 9
Ms Joyce Low
8am-2pm

Mon - yes

Tue - Got

Wed - Duh

Thu - High possibly, probably

All same time 8pm - 2pm or later or earlier.

Friday, November 23, 2007

Ms Joyce's CLASS!!

Paper 8
Lt 2
8am - 2pm


Paper 10
3.5
3pm - ....

Ms Joyce