accounting predictions

martincarey

Tabular statements will not come up this year or next year on the accounting higher level paper. It has already come up two years in a row, 06 as 100m and 07 as 60 m. Service firms will come up this year as 60m with club and dep. published and suspense as 100m........ and marginal costing in management accounting

Slashman X

I'm gonna study just that and if I don't get an A1, I'm hunting you down.

Hows everybody for the short questions?
We haven't looked at them at all

Soby

And can i ask what the hell are ratios every is talking about for Q5???..is it a diff name for interpatation???Cause thats all Q5 is

Slashman X

Soby wrote: »

And can i ask what the hell are ratios every is talking about for Q5???..is it a diff name for interpatation???Cause thats all Q5 is

Yep, Interpretation is the same as Ratio's

alan4cult

martincarey wrote: »

Tabular statements will not come up this year or next year on the accounting higher level paper. It has already come up two years in a row, 06 as 100m and 07 as 60 m. Service firms will come up this year as 60m with club and dep. published and suspense as 100m........ and marginal costing in management accounting

What the hell is dep.published. Holy God not a departmental published?

Slashman X

Pretty sure thats a full stop

Service
Clubs
Depr

Published
Suspense

Marginal

That would be my dream test if that came up

muffinman

Slashman X wrote: »

I'm gonna study just that and if I don't get an A1, I'm hunting you down.

Hows everybody for the short questions?
We haven't looked at them at all

The short questions?

Slashman X

The "Theory" questions, (c) parts.

"Define Contra Item" etc.

muffinman

Slashman X wrote: »

The "Theory" questions, (c) parts.

"Define Contra Item" etc.

Oh right yeah.. If there's a 100m Published I don't know what to expect for theory.. Hope it's not company size or anything like that...

alan4cult

Slashman X wrote: »

Pretty sure thats a full stop

Service
Clubs
Depr

Published
Suspense

Marginal

That would be my dream test if that came up

Yes that would be the best paper on earth!

alan4cult

muffinman wrote: »

Oh right yeah.. If there's a 100m Published I don't know what to expect for theory.. Hope it's not company size or anything like that...

Usually exceptional item or maybe whats in a director's report.

betsymagoo

i dont think they would put service and club along side each other.... would they...

its been exactly 10 years since cash flow came up as a 100 marker....

this wat i covered...

Q1 sole/man acc

Q6,7 club published cash and incomplet type 2

Q8,9 marginal and cash budgetin...

if they dont come up some way like dat well im pretty much fooked.....

is anyone else using pen in this exam.....

postalservice

I'm pretty much gonna do everything
other than

-service firms
-departmental(never did one)
-Incomplete type 3( never did one)
not really doin type 1 either
-valuation of stock or watever
-the type of cash budget that came up last year.

Prayin:p

Slashman X

wtf is Incomplete Type 3?

postalservice

I dont even know. Apparently it was on the radio as a possibility yesterday.
Its freaking me out :mad:

SmashingPilot

Slashman X wrote: »

wtf is Incomplete Type 3?

Oh god, I hate 1 and 2. It would be typical of my luck if something like that turned up.

At the moment I know/studied:

Section1: Final a/c's (Sole Trader & Manufacturing)

Section2: Suspense, Published, Cash Flow & Club

Section3: Marginal & Production Budgeting

That should hopefully keep me covered, right??????

Soby

SmashingPilot wrote: »

Oh god, I hate 1 and 2. It would be typical of my luck if something like that turned up.

At the moment I know/studied:

Section1: Final a/c's (Sole Trader & Manufacturing)

Section2: Suspense, Published, Cash Flow & Club

Section3: Marginal & Production Budgeting

That should hopefully keep me covered, right??????

im kinda like you except


Section1: Final a/c's (Sole Trader & Manufacturing)

Section2: interpetation,Published,& Club

Section3: Marginal & Product costing

so i think im fairly fooked..but say you be ok....just praying section 2 goes well..50% of the marks

Turquoise

Service firm and Clubs won't come up together, or I'll eat my hat! Service firms, Clubs and Farm accounts alternate with eachother, and Clubs hasn't been on since 2004 so I'd bet on those. (I've done them all anyway, but not to the same degree)

And yeah, what on earth is an incomplete 3?!
I'm really hoping there aren't alot of marks on theory.

whateva eva eva

Everyone relax! Incomplete type 3 is just the name given to a 60 marker incomplete
Cheers for the response btw postalservice! it makes sense!!

muffinman

And really.. I'm 99% sure it's gonna be a very fair paper.. Why would they put surprises on it and try to catch people out? If they did any of the following:
1) put on departmental
2) took off interpretation
3) had q.8 and q.9 as only one of costing/budgeting
4) put on farm accounts 100m (I think)
then people would just complain and complain, and they're not looking for that kind of bad press. Plus it's simply not fair in comparison with other years.. They're trying to encourage more people to take up accounting and make it an approachable subject, not the opposite..

postalservice

Thanks for confidence boost muffin man!

blue-army

Would I be a taking a huge risk just doing Flexible and Production Budgeting for Section 3?

Slashman X

blue-army wrote: »

Would I be a taking a huge risk just doing Flexible and Production Budgeting for Section 3?

I'm just doing Marginal costing :P

bUILDERtHEbOB

I know 4 questions and even then I'm not 100% on them, oh well.

BonBon101

Pass accounting.
Would i be ok with this

Section 1
Sloe Trader

Section 2
Chas flow and Interpretation

Section 3
Budgeting

Mars Bar

I have the following prepared:
Manufacturing and am pretty okay with a Sole Trader

Ratio
Published
Club

Budgeting

I'm praying that that will get me through!

Petie_Pie

All i have studied for tomorrow is

Depreciation
Cash Flow

Club
Incomplete B
Published

And all budgetin questions...


Hope i get an A.
(",)

blue-army

Could anyone tell me the best way to remember which items go on which side in Suspense Accounts.....We spent only about 2 classes doing Suspense, and nobody really understood......... and I always get confused as to what goes on what side.

Thanks

seanie44

does any1 know what to do with a contingency liability that it is likely in published accounts. what action is taken in the balance sheet

Yuugib

Btw.. just discovered new pattern today.. every year there is a same qs from the last year papers that comes up. (HL)

1999 - 2000 published
2000 - 2001 service
2001 - 2002 tabular
2002 - 2003 published
2003 - 2004 revaluation
2004 - 2005 no repetition for some reason
2005 - 2006 published
2006 - 2007 tabular

so anyways.. my point is that there bound to be something on this years paper from 2007..
i hope hope hope its not going to be a control account of somekind ;(
studied 16 topics nearly out of 24.. hopefully that ll be ok..

good luck to everybody btw!