accounting predictions

Ekels

NewApproach wrote: »

Yeah I was thinking of having a look over either Club or Cash Flow, not sure which tho...

Clubs is very very easy. Once you can do the Subs, levy and life adjustments it's fine. And you should manage that if you're an A1 candidate.

NewApproach

Ekels wrote: »

Clubs is very very easy. Once you can do the Subs, levy and life adjustments it's fine. And you should manage that if you're an A1 candidate.

Yeah they ring a bell alright. Once I have a look over it a few times it should come back to me!

Thanks!

louis626

Ekels wrote: »

Clubs is very very easy. Once you can do the Subs, levy and life adjustments it's fine. And you should manage that if you're an A1 candidate.

Yeah there grand.. you have to remember to do a trading a/c to get the bar profit aswell....hoping for the A1 myself but i need to look over the theory.:cool:

EimearNíS

Flip sake...our teacher didn't do tabular or either of the incompletes... Which is most important, do ye reckon? I've such a bad feelin about interpretation not comin up...:( Potentially...i might not be able to do any out of section 2... Stupid question, maybe...but is there any chance control accounts could come up in this section, do ye think?:rolleyes: Just cos it looks like it's going to be a surprise paper and all... Haven't done them since 5th yr!! Oh ya...and farm accounts? Haven't ever looked at them...good work, eh??:P (:()

louis626

EimearNíS wrote: »

Flip sake...our teacher didn't do tabular or either of the incompletes... Which is most important, do ye reckon? I've such a bad feelin about interpretation not comin up...:( Potentially...i might not be able to do any out of section 2... Stupid question, maybe...but is there any chance control accounts could come up in this section, do ye think?:rolleyes: Just cos it looks like it's going to be a surprise paper and all... Haven't done them since 5th yr!! Oh ya...and farm accounts? Haven't ever looked at them...good work, eh??:P (:()

Well id go with either tabs or incomplete type B... it would be no harm to look over control although it doesnt look likely they will be up..you never know. well, our teacher told us she thinks farm could be on the paper as the surprise Q... im sure if u look over them it will come back to you... dont worry about it.:cool:

EimearNíS

You're a legend...thanks a million!! Haven't ever done farm accounts though... I guess i better try those too... Thanks for your help!!:)...better get to it...

Petie_Pie

em... can anyone help me with 100 mark cash flow??
Does anyone have a link to the markin scheme that came up in 1998

Slashman X

Petie_Pie wrote: »

em... can anyone help me with 100 mark cash flow??
Does anyone have a link to the markin scheme that came up in 1998

100 marker is with the Abridged P/L right?

You just work the P/L upward with the info from the 2 years given in the balance sheets

Petie_Pie

Ahhhhhhhhhhhhhhh i just reli hop it comes up as a 60 n not a 100...

Club n Published all the way(",)

Jiggy

My predictions are based on paterns and passing the time xD

Sole Trader (possible manufact)

Ratio ( cause it just wont die)

Suspense ( try also club to be safe)

Production Budget ( yay)

blue-army

I'm not gonna bother looking over the costing section.....Whats the most likely Budgeting Question though? Production???

Yuugib

i think i m going to skip debtors, creditors and suspense.. my brain just doesnt find them attractive enough Do you think it ll be safe?

Our teacher havent done the tab as well btw aw well..

nerd3000

Petie_Pie wrote: »

Ahhhhhhhhhhhhhhh i just reli hop it comes up as a 60 n not a 100...

Club n Published all the way(",)

I have the marking scheme to that quest! what figure??

bUILDERtHEbOB

I'm hoping for

Sole Trader
Club
Published
Marginal

mainly because they're the only ones that I can do.

SmashingPilot

bUILDERtHEbOB wrote: »

I'm hoping for

Sole Trader
Club
Published
Marginal

mainly because they're the only ones that I can do.

That would be such a lovely paper.

rugrat1

q2=suspence/tabular
q3=depreciation
q4=cash flow statement/service

q5=RATIOS!!ofc
q6=published( on course from 1999)100..60..0..100..60..0..100..60..0..!?2008
q7=club/incomplete backwards (method2)

q8=marginal(year 2006)
q9=total production budget!

...I COULD BE WRONG...but nearly sure you'll be fine having these!!

rugrat1

Petie_Pie wrote: »

If it is being calculated from NBV instead of cost price it would be along the lines of....
Just a Simple example...

Vehicle 1 costs 90.000 and is deprectiated at 10% from N.B.V

Then the way it is normally done is 90.000 Dep year 1 would be 9000
Year 2 would be 8100
Year 3 would be 7290

You would take away the depreciation from cost then calculate depreciation..
Be careful to read the question carefully to see if it is being calculated from cost or N.B.V

Or if its 10% you multiply vehicle1 by 90% and keep doing tht!!!!!!

louis626

my ideal paper would be:
Depriciation (60)
Cash Flow (100)
Suspense(60)
Published (100)
Club (60/100)

Marginal costing/ flexible budgeting (80)

:cool:

betsymagoo

could they be real sneaky and throw a company account on as Q1....

and if so wud ya be prepared.....

JJPW89

Manufacturing (120)
Ratios(100)
Suspense(100)
Flexible Budget(100)

That'd be a deadly paper for me anyway!!:cool:

Ekels

I keep thinking about this paper. It's the middle section. I have ratios, clubs, published. We also revised suspense but I'm a disaster at them. I'll revise incomplete instead so, it's widely tipped.

The LeavyC

JJPW89 wrote: »

Manufacturing (120)
Ratios(100)
Suspense(100)
Flexible Budget(100)

That'd be a deadly paper for me anyway!!:cool:

Flexible budget can't come up as 100markers.. I'm guessing you meant as an 80?

I want any q1 really barring departmental, but apparently they said that they would never ask them.
Middle section Club & Incomplete method 2 would be arousing, but i've ratios prepared too because published are pritty much guaranteed...

Section 3, Hopefully a normal marginal costing because i can do them in just over 10 mins. but job costing, flexible and production would be grand too.

I really can't see them taking off the ratios.

Catikins

The LeavyC wrote: »

I really can't see them taking off the ratios.

Me either. Most of the exams this year seem to be pretty straight forward and i've barely heard of any shock surprises on the exams. They'll keep the ratios there and they won't put a departmental account up.
Or at least they better not

Hopefully: Manufacturing account, ratios, club, published, marginal costing (possibly absorption with it) and production budget.

**simone**

Q5's were supposed to be taken off the course in 2000 i think but they still haven't been.

If on the very slight chance they didn't come up we'd have no other surprises on the paper. Everything else would be made easier.

And departmental....i reckon it would be a pass level one because we've not seen them up in ages!:rolleyes::rolleyes::rolleyes:

Ekels

Catikins wrote: »

Me either. Most of the exams this year seem to be pretty straight forward and i've barely heard of any shock surprises on the exams. They'll keep the ratios there and they won't put a departmental account up.
Or at least they better not

Hopefully: Manufacturing account, ratios, club, published, marginal costing (possibly absorption with it) and production budget.

Are you studying anything else but them three for section 2?

Soby

At this stage im just studing what came up on my mocks and praying

Manufacturing 120
Interpetation 100
Published 100
Club 100

Marginal Costing/Budgeting 80

muffinman

Soby wrote: »

At this stage im just studing what came up on my mocks and praying

Manufacturing 120
Interpetation 100
Published 100
Club 100

Marginal Costing/Budgeting 80

I think we should be safe with Interpretation, Published and Club.. Even if one of Published and Club doesn't come up, the other will still be there imo.. However, Cash Flow (why??) and Incomplete Method 2 are both being tipped, not to mention Farm Accounts ... So I've been studying Interpretation, Club, Cash Flow and Published (basically re-taught them to myself as it was mid-5th year when we last did them).. I think I'll have a look over the Incomplete as well just in case.. Not looking forward to Q.8.. If marginal costing doesn't make up a good chunk of the question I'd be surprised, and also pretty ****ed

Soby

Well interpetation is coming up the question just is which is...From the mocking im guessing ShareHolder..Just learn that..even if bank holder or deb holder comes up,there very little diff in the analysis so you will still do well..

muffinman

Soby wrote: »

Well interpetation is coming up the question just is which is...From the mocking im guessing ShareHolder..Just learn that..even if bank holder or deb holder comes up,there very little diff in the analysis so you will still do well..

Current Shareholder? No way.. Well I don't think so.. It was up last year no? I'd bet on potential shareholder or existing shareholder considering buying more shares..

p.s Soby.. You know know that "votre parler" makes no sense, right?

Soby

It was up last year as a joint one with bank holder which IMO was horrible

muffinman wrote: »

p.s Soby.. You know know that "votre parler" makes no sense, right?

ye just havent been arsed changing it lol