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FAE September 2012

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  • Registered Users Posts: 336 ✭✭EveT


    Hi,

    does anyone know where to find the sample FAE papers and tax reference material on the institute website or have copies they can upload?

    Thanks!


  • Registered Users Posts: 34 whytenc


    Does anyone have any advice for these cases? Did the 2010 mock there, and while there was no information in the solution that I didnt know, I still amn't even anywhere near RC......totally frustrated, just seems to be my approach to the cases rather than lack of knowledge. Would prefer if I could just go revise a section but that doesnt seem to be the problem!


  • Registered Users Posts: 327 ✭✭chursy


    EveT wrote: »
    Hi,

    does anyone know where to find the sample FAE papers and tax reference material on the institute website or have copies they can upload?

    Thanks!
    Check previous posts


  • Closed Accounts Posts: 19 the west


    you are wrong there sir...55% was the overall pass rate last year.
    75% was the pass rate for Core but that does not mean you pass FAE.
    Now back to the studying....


  • Banned (with Prison Access) Posts: 802 ✭✭✭Jame Gumb


    the west wrote: »
    you are wrong there sir...55% was the overall pass rate last year.
    75% was the pass rate for Core but that does not mean you pass FAE.
    Now back to the studying....

    I was assuming that the poster in question had passed their elective...not an unreasonable assumption given that this is his or her 3rd attempt.

    I agree though...back to the study.

    All I'm saying is more positivity and less negativity.

    Paddy Cullen's better order double for that Thursday...


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  • Registered Users Posts: 112 ✭✭louise1985


    im looking at building fixes case study and for indicator 2 solution revenue growth of 11.1% and pbt margin of 2%.cant seen to figure it out ,f anyone can help id appreciate it. Thanks n advance


  • Closed Accounts Posts: 972 ✭✭✭supernova84


    EveT wrote: »
    Hi,

    does anyone know where to find the sample FAE papers and tax reference material on the institute website or have copies they can upload?

    Thanks!

    http://students.charteredaccountants.ie/Student-Information/Courses/Course-Timetables/


  • Registered Users Posts: 2,094 ✭✭✭dbran


    Hi folks

    Exams and studying are emotive and stressful issues for everyone.

    We all went through them at one stage.

    So can everyone just think before they post and lets just keep things civil for everyone's sake.

    Regards

    dbran


  • Closed Accounts Posts: 19 the west


    agreed...cant wait till this is over....but heads up


  • Registered Users Posts: 402 ✭✭R0N BURGUNDY


    Is everybody still going out at the weekends as normal or have y'all cut that out?


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  • Registered Users Posts: 336 ✭✭EveT


    Is everybody still going out at the weekends as normal or have y'all cut that out?

    am goin out about every 2nd weekend but not goin mental like, ya need something to get ya through the week though!


  • Registered Users Posts: 402 ✭✭R0N BURGUNDY


    Aye- going out for a few tonight = need to press the reset button. Hopefully don't hit the delete button while I'm at it.


  • Closed Accounts Posts: 19 the west


    I went out last Friday only for a few and I was the whole weekend on it and couldnt do a tap on Monday so for me... that it until exams are over.


  • Closed Accounts Posts: 49 rums08


    Guys,

    Bought the Audit elective manual this morning. The lady had me believed that FR was available but when I reached NCI this morning told me that they were out of stock and would no longer be available.

    I had pinned my hopes that I could use the book to summarise my notes in FR, as Ciaran Connolly book is very complex!

    I had a quick look at the Auditing Elective book and it looks very good - all the ISA's are explained in a simple manner.

    Do any of you have the FR manual from CGS? I could borrow it and photocopy or scan bits of it.

    Any help is appreciated.
    Thanks


  • Registered Users Posts: 233 ✭✭froggatt2011


    rums08 wrote: »
    Guys,

    Bought the Audit elective manual this morning. The lady had me believed that FR was available but when I reached NCI this morning told me that they were out of stock and would no longer be available.

    I had pinned my hopes that I could use the book to summarise my notes in FR, as Ciaran Connolly book is very complex!

    I had a quick look at the Auditing Elective book and it looks very good - all the ISA's are explained in a simple manner.

    Do any of you have the FR manual from CGS? I could borrow it and photocopy or scan bits of it.

    Any help is appreciated.
    Thanks

    The FR manual isn't great to be honest. It's a very basic summary of the standards with no disclosure requirements, and the Derry Cotter notes are much better. The real benefit to the revision classes was working through the examples and making your own notes. All the examples were all taken from the Derry Cotter books. If you have DC's notes then I'd say you'd have enough and don't need the CGS manual.

    I think the Derry Cotter notes have been uploaded to this thread.


  • Registered Users Posts: 327 ✭✭chursy


    rums08 wrote: »
    Guys,

    Bought the Audit elective manual this morning. The lady had me believed that FR was available but when I reached NCI this morning told me that they were out of stock and would no longer be available.

    I had pinned my hopes that I could use the book to summarise my notes in FR, as Ciaran Connolly book is very complex!

    I had a quick look at the Auditing Elective book and it looks very good - all the ISA's are explained in a simple manner.

    Do any of you have the FR manual from CGS? I could borrow it and photocopy or scan bits of it.

    Any help is appreciated.
    Thanks

    The FR manual isn't great to be honest. It's a very basic summary of the standards with no disclosure requirements, and the Derry Cotter notes are much better. The real benefit to the revision classes was working through the examples and making your own notes. All the examples were all taken from the Derry Cotter books. If you have DC's notes then I'd say you'd have enough and don't need the CGS manual.

    I think the Derry Cotter notes have been uploaded to this thread.


    Dc notes are very good and cover the depth you need ! Not sure if the VHS cover that. It may give u a false confidence I think ! Because not many examples covered.


  • Registered Users Posts: 42 Moorstown


    Can someone please provide a link to the Dery Cotter notes?

    Thanks in advance.


  • Registered Users Posts: 327 ✭✭chursy


    Moorstown wrote: »
    Can someone please provide a link to the Dery Cotter notes?

    Thanks in advance.
    They are part of the core notes before December. There is a link in the previous post for the notes on the institute


  • Closed Accounts Posts: 972 ✭✭✭supernova84


    Moorstown wrote: »
    Can someone please provide a link to the Dery Cotter notes?

    Thanks in advance.

    Click on the attachments icon to this thread. There are 2 PDF attachments; Session 1 - Rep Fin Perfor I
    Session 2 - Rep Fin Perfor II


  • Registered Users Posts: 327 ✭✭chursy


    Hi

    Ias 31- joint ventures , is propotional accounting allowed?

    Somehow I remember that it was decided to just use equity method and drop the propotional accounting?

    I certainly know that there is a new standard ifrs 11 which is going to replace ias31 which I don't think is examinable.

    Just confused, would be great if someone can clarify- in the notes I have from last year treatment for joint controlled assets, operations and entity is defined seperately and all of them have an element of proportional accounting .


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  • Banned (with Prison Access) Posts: 802 ✭✭✭Jame Gumb


    Proportional consolidation is not examinable...thank God


  • Registered Users Posts: 327 ✭✭chursy


    Jame Gumb wrote: »
    Proportional consolidation is not examinable...thank God
    What do you mean? Ias 31 is examinable which gives you an option.

    Should I just follow the notes for Ias 31?


  • Banned (with Prison Access) Posts: 802 ✭✭✭Jame Gumb


    chursy wrote: »
    Jame Gumb wrote: »
    Proportional consolidation is not examinable...thank God
    What do you mean? Ias 31 is examinable which gives you an option.

    Should I just follow the notes for Ias 31?

    Sorry - I thought that you were referring to jointly controlled entities rather than jointly controlled projects.

    The proportional consolidation for jointly controlled projects is straightforward enough as there's no NCI recognised and you're effectively just including revenue and expenses.

    Apologies for the confusion - Was too early!


  • Registered Users Posts: 327 ✭✭chursy


    Jame Gumb wrote: »
    chursy wrote: »
    Jame Gumb wrote: »
    Proportional consolidation is not examinable...thank God
    What do you mean? Ias 31 is examinable which gives you an option.

    Should I just follow the notes for Ias 31?

    Sorry - I thought that you were referring to jointly controlled entities rather than jointly controlled projects.

    The proportional consolidation for jointly controlled projects is straightforward enough as there's no NCI recognised and you're effectively just including revenue and expenses.

    Apologies for the confusion - Was too early!

    Ok so obviously th jointly controlled assets and operations will involve and element of proportioning but on entities are we just supposed to know the equity basis and not proportional consolidation ? Despite the fact that the standard gives an option?


  • Banned (with Prison Access) Posts: 802 ✭✭✭Jame Gumb


    chursy wrote: »
    Jame Gumb wrote: »
    chursy wrote: »
    Jame Gumb wrote: »
    Proportional consolidation is not examinable...thank God
    What do you mean? Ias 31 is examinable which gives you an option.

    Should I just follow the notes for Ias 31?

    Sorry - I thought that you were referring to jointly controlled entities rather than jointly controlled projects.

    The proportional consolidation for jointly controlled projects is straightforward enough as there's no NCI recognised and you're effectively just including revenue and expenses.

    Apologies for the confusion - Was too early!

    Ok so obviously th jointly controlled assets and operations will involve and element of proportioning but on entities are we just supposed to know the equity basis and not proportional consolidation ? Despite the fact that the standard gives an option?

    Correct - Proportional consolidation of jointly controlled entities is NOT examinable at FAE.


  • Registered Users Posts: 1,785 ✭✭✭ferike1


    Just did the Lowland bank case. Disaster!

    Wayyy too specialised for me. Hadn't a clue about the route to entry for a car leasing company.


  • Registered Users Posts: 69 ✭✭MPBC123


    How long are people studying each day? I'm doin 9 til 5.30 & find it impossible to do anything again aft dinner!


  • Registered Users Posts: 476 ✭✭upnorthchick


    thats good going, maybe after your dinner organise what you might like to get through the next day and then relax. I was doing 8 - 4/5 last year but my study technique was all wrong. Im only off now in a week or so and it will be 9 - 6 i am hoping with a bit extra after dinner. Struggling to get into it today - so im sorting notes etc.


  • Registered Users Posts: 233 ✭✭froggatt2011


    So jealous of all you lucky duckies on study leave!! I am getting something like 8 days before the exams :( Eeeek :eek:


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  • Registered Users Posts: 49 faer2203


    Hey, just wondering is anyone looking at the strategy book, (not the small one) the one with like 500 pages


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