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*** 2013: Accounting Before/After ***
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07-06-2013 5:50pm#1
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Q1 Sole trader
Q6 Published
Q7 Incomplete Records
Q8 Marginal]
NEED THAT A1 AFTER TODAY
Similar to myself, I avoid costing like the plague though :P In reality it would be an A1 paper if those questions come up. Hoping the department are nice to us
What paper did you not like today? 0 -
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Maths was a disaster I think. Yeah I sense the theory and a bit of a mixture in section 3
I've heard a few people expecting a mixture in section 3, I will have a breakdown, cannot do costing at all!
I also haven't touched theory, like ever, thankfully I have a 5 day break before accounting 0 -
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AndreaEgan wrote: »If the answers that are due up this year come up I will feel confident about this one! Heres to hoping it's one of the nice papers
Q1: Sole Trader
Q6: Incomplete Records
Q7: Published
Q9: Production/Flexible Budgeting
Our teacher's been telling us Manufacturing is more likely to come up! I know its 50/50, but there's a seminar at Trinity every year and they cover what they think will come up (they must have inside info) last year they got everything right. Also, with the Production in Q9 they could ask a balance sheet with it (which has never been asked before) that's what these experts have said. I know they're not setting the paper but I'd look over a balance sheet with a production budget before heading in 0 -
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Dude Love 1 wrote: »Our teacher's been telling us Manufacturing is more likely to come up! I know its 50/50, but there's a seminar at Trinity every year and they cover what they think will come up (they must have inside info) last year they got everything right. Also, with the Production in Q9 they could ask a balance sheet with it (which has never been asked before) that's what these experts have said. I know they're not setting the paper but I'd look over a balance sheet with a production budget before heading in
Accounting isn't all that difficult to predict though tbh, I think inside info is a stretch. They definitely can do that with the balance sheet, I did a mock q with it, that said it makes a 30-minute question ridiculously long so I'd be surprised if it came up.
Anyway this is my next exam now. Kind of looking forward to it, I really really hope it goes well, it should I think as my accounts generally balance these days! Fecking theory though, ugh. Need to sit down and learn it.
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They'd probably omit the trading account if they were to add it in, considering there's barely any available sample production budgets with a balance sheet I highly doubt it myself! What's your predictions for section 2?Accounting isn't all that difficult to predict though tbh, I think inside info is a stretch. They definitely can do that with the balance sheet, I did a mock q with it, that said it makes a 30-minute question ridiculously long so I'd be surprised if it came up.
Oh and if any of you are getting accounting grinds, might be worth asking your teacher if they set the paper.. my grinds teacher for maths was part of the committee that set the maths papers and I hadn't a clue!! Actually come to think of it he probably wouldn't have told me anyway.. not sure if I should be glad he was my grinds teacher , considering the error they made on paper 2 haha 0 -
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AndreaEgan wrote: »I reckon I could handle the suspense if it came up However a balance sheet with a production budget? Wouldn't there be very little to put in?
In a sample question I have there's 2 items under fixed assets, 3 under current assets, 1 under current liabilities and 3 under financed by. It's not much 0 -
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Dude Love 1 wrote: »In a sample question I have there's 2 items under fixed assets, 3 under current assets, 1 under current liabilities and 3 under financed by. It's not much
Not too bad. You hardly know where I could get a look at a sample one online? Just so I have some idea of what I'm doing 0 -
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AndreaEgan wrote: »Not too bad. You hardly know where I could get a look at a sample one online? Just so I have some idea of what I'm doing
Sorry I don't, I only have one sample and that was a printed version we got at that seminar. It would be really unfair if it came up, considering how unavailable the material is for it, but you never know with those state examination commissioners..0 -
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AndreaEgan wrote: »I reckon I could handle the suspense if it came up However a balance sheet with a production budget? Wouldn't there be very little to put in?
I have a feeling a suspense is going to come up aswell, a depreciation and control in the 60m would just be beautiful! wouldn't mind a tabular statement but they take so long to draw out:/0
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