FAE September 2014

elizmac28

not up for bitch off dell boy - i will pick up ur dummy and hand it back tou you - gracefully
best luck winding everyone up - well for u has the spare time

womandriver

Dellboy2007 wrote: »

Didn't you fail last year?

Charming!!

You won't get much help here with an attitude like that and rightly so.

Accountant81

Dellboy your posts are always so annoying but now you are just being rude. I don't think that the people who got less than c didn't work hard or approached it incorrectly. That's great that you got your c but there's no need to be mean. Nobody is laughing. I suspect you aren't as funny as you think you are.

blizzard13

myshirt wrote: »

Guys, no matter what, just keep your composure.

Really not happy with my result today, but I just have to thank you again for posting this! Turned my frown upside down!!!!

Dellboy2007

Accountant81 wrote: »

Dellboy your posts are always so annoying but now you are just being rude. I don't think that the people who got less than c didn't work hard or approached it incorrectly. That's great that you got your c but there's no need to be mean. Nobody is laughing. I suspect you aren't as funny as you think you are.

Accountant81 just private messaged me asking to fight me. Can the mod's ban him please.

(Mod edit) - if that's the case report it. Boards.ie take a very dim view of threats, especially in private messages. smcgiff

heathcliff101

Grow up Dellboy

acastudent

Dellboy2007 wrote: »

Accountant81 just private messaged me asking to fight me. Can the mod's ban him please.

How do you know it's him and not her????

(mod edit) lets not encourage this side track discussion. Thanks Smcgiff

Dellboy2007

(mod edit) The below seems so much nicer on its own. smcgiff


I genuinely wish people the best of luck in the exams. For anyone that didn't get the result they wanted today, I'm sure this will give you extra motivation to work harder between here and September.

smcgiff

This thread is getting locked until I see what has been going on.

Edit ... Thread reopened. Please keep in mind how sensitive results and the like can be, especially for those that put in a lot of effort and don't get the result they were hoping for.

However, please don't rise to the bait either.

TL/DR Play nice.

myshirt

smcgiff wrote: »

This thread is getting locked until I see what has been going on.

Thanks for re-opening. This is thread is a valuable resource for students.

Nermal

HC. Clearly warranted by my feverish copying of operating segment information from one piece of paper to another. That was the most ridiculous question I've ever seen.

Glas134

Hi - first timer poster on the FAE board ... i am a repeating this year, I got my AAFRP results this morning and did worse than last year, so i'm completely devastated RC to a NC. I fell down in the performance management indicator last year too with yellows and greens in the rest.
I am wondering if anyone has any advice on where to go from here, cases to focus on or books they felt helped them.

Any advice would be appreciated.

Thanks :-)

LOccitane

myshirt wrote: »

Thanks for re-opening. This is thread is a valuable resource for students.

Agreed. We are all on here for the same purpose - to help each other with passing these exams. For example, I'll happily admit that I put a lot of work into the AAFRP (working 12 or more hours per day in Busy Season and then studying for the AAFRP late at night) and was very lucky to get HC in the end.

In terms of the PM indicators for the Final Exam... Rather than individual subject topics, I would consider what ''scenario'' has not yet appeared before.. To the best of my knowledge; a subsidiary of an MNC has not yet appeared... Such a scenario might (if it appeared) lend itself to:

- AUDIT: Consolidation & Group Audits..
- PM: Divisional Performance Measurement, Transfer Pricing, Budgeting...
- TAX: Group Reliefs...
- PM: Consolidation (IFRS 3, IFRS 10 etc.)...

Overall - just cover everything and then there will be no room for doubt! :-)

LOccitane

Aidodub87

LOccitane wrote: »

Agreed. We are all on here for the same purpose - to help each other with passing these exams. For example, I'll happily admit that I put a lot of work into the AAFRP (working 12 or more hours per day in Busy Season and then studying for the AAFRP late at night) and was very lucky to get HC in the end.

In terms of the PM indicators for the Final Exam... Rather than individual subject topics, I would consider what ''scenario'' has not yet appeared before.. To the best of my knowledge; a subsidiary of an MNC has not yet appeared... Such a scenario might (if it appeared) lend itself to:

- AUDIT: Consolidation & Group Audits..
- PM: Divisional Performance Measurement, Transfer Pricing, Budgeting...
- TAX: Group Reliefs...
- PM: Consolidation (IFRS 3, IFRS 10 etc.)...

Overall - just cover everything and then there will be no room for doubt! :-)

LOccitane

Would group audits be examinable at core?

littlemiss123

LOccitane wrote: »

Agreed. We are all on here for the same purpose - to help each other with passing these exams. For example, I'll happily admit that I put a lot of work into the AAFRP (working 12 or more hours per day in Busy Season and then studying for the AAFRP late at night) and was very lucky to get HC in the end.

In terms of the PM indicators for the Final Exam... Rather than individual subject topics, I would consider what ''scenario'' has not yet appeared before.. To the best of my knowledge; a subsidiary of an MNC has not yet appeared... Such a scenario might (if it appeared) lend itself to:

- AUDIT: Consolidation & Group Audits..
- PM: Divisional Performance Measurement, Transfer Pricing, Budgeting...
- TAX: Group Reliefs...
- PM: Consolidation (IFRS 3, IFRS 10 etc.)...

Overall - just cover everything and then there will be no room for doubt! :-)

LOccitane

THAT is exactly my nightmare of a paper haha! Group reliefs...consol....:(

As much as I don't want those topics though, I do agree that groups/consol it is a strong possibility as it has been mentioned by a few lecturers that it hasn't been examined yet!

myshirt

Aidodub87 wrote: »

Would group audits be examinable at core?

Yes.

And tag that previous post from LOccitane on an indicator, I think come September they may be proven right. Something along the lines of you are a sub, or you are to become a sub:

1. First time adoption of IFRS - Local GAAP to IFRS
2. Group Re-Organisation Relief
3. Accounting Entries for this
4. Change of Auditor to a Group Auditor
5. Audit of comparative information
6. Corporate Governance implications

They like stuff that mixes well.

TheDoctor

myshirt wrote: »

Yes.

And tag that previous post from LOccitane on an indicator, I think come September they may be proven right. Something along the lines of you are a sub, or you are to become a sub:

1. First time adoption of IFRS - Local GAAP to IFRS
2. Group Re-Organisation Relief
3. Accounting Entries for this
4. Change of Auditor to a Group Auditor
5. Audit of comparative information
6. Corporate Governance implications

They like stuff that mixes well.

Has there been a case with something similiar to the above?

elizmac28

Yes that seems all very possible.

Paul Monaghan said the mocks are on MNC with 3 audit indicators and Cor Gov

What cases did he say to concentrate on re: Mocks?

Has anyone done any MNC cases that you recommend to concentrate on?

Thanks in advance....

thumbelinda

elizmac28 wrote: »

Yes that seems all very possible.

Paul Monaghan said the mocks are on MNC with 3 audit indicators and Cor Gov

What cases did he say to concentrate on re: Mocks?

Has anyone done any MNC cases that you recommend to concentrate on?

Thanks in advance....

He said on the Blackwater case day to do the Valentine Nursery case and the Full Metal Jacket case.

TheDoctor

thumbelinda wrote: »

He said on the Blackwater case day to do the Valentine Nursery case and the Full Metal Jacket case.

Do a quick run over them on Monday

conor1979

LOccitane wrote: »

Agreed. We are all on here for the same purpose - to help each other with passing these exams. For example, I'll happily admit that I put a lot of work into the AAFRP (working 12 or more hours per day in Busy Season and then studying for the AAFRP late at night) and was very lucky to get HC in the end.

That's not luck, that's hard work that paid off! Fair play.

I got RC. Think I have a lot of work to do after reading what people are tipping to come up in the exam. Wouldn't have a clue where to start with most of the topics!

maninblack

The more I think about that RC I got in AAFRP, the more depressing it gets.

Thinking of all those nights getting home late after busy season and hitting the books for an hour or two. I don't honestly think I could have given any more!

I don't know why they don't have the assessment around xmas time when work is quieter, would make so much more sense

acastudent

maninblack wrote: »

The more I think about that RC I got in AAFRP, the more depressing it gets.

Thinking of all those nights getting home late after busy season and hitting the books for an hour or two. I don't honestly think I could have given any more!

I don't know why they don't have the assessment around xmas time when work is quieter, would make so much more sense

Same here ,the more I think the more I am getting anoid or angry . I wish I didn't look at the solutions but aw well what's done is done ,somehow I have to find a strength to move on

myshirt

RC is not a bad result.

If anything, it will focus you for September. Lest we all forget, FR will be all over this paper.

No one has passed this exam yet. No one has failed.

In fact, those who got a C are possibly less likely to get into fight mode. 20 minutes into the exam, that 2 hours panic study you put into IAS 37 one day prompted by fear, and you are back level par with those that got a C.

And trust me, you need to be in fight mode on FR. Eat that Derry Cotter book.

maninblack

myshirt wrote: »

RC is not a bad result.

If anything, it will focus you for September. Lest we all forget, FR will be all over this paper.

No one has passed this exam yet. No one has failed.

In fact, those who got a C are possibly less likely to get into fight mode. 20 minutes into the exam, that 2 hours panic study you put into IAS 37 one day prompted by fear, and you are back level par with those that got a C.

And trust me, you need to be in fight mode on FR. Eat that Derry Cotter book.

That's very true, feel a bit better about it now that's had time to sink in.

Was more just thinking of all the effort but sure, it's not wasted, still all to play for

Is it really worth doing the entire FR cases book? Seems like it would take a good few days/week? to work through it all and maybe it goes into too much detail?

LuLa0826

maninblack wrote: »

The more I think about that RC I got in AAFRP, the more depressing it gets.

Thinking of all those nights getting home late after busy season and hitting the books for an hour or two. I don't honestly think I could have given any more!

I don't know why they don't have the assessment around xmas time when work is quieter, would make so much more sense

I understand the timing in the middle of busy season isnt great but given the horrific paper we got and no matter how much study time we got it wouldnt have made any difference IMO

Accountant81

Dellboy2007 wrote: »

Accountant81 just private messaged me asking to fight me. Can the mod's ban him please.

(Mod edit) - if that's the case report it. Boards.ie take a very dim view of threats, especially in private messages. smcgiff

This clearly never happened. Please stop stirring Dellboy this is not why we are here.

acastudent

Guys would any of you have a list of disclosures /requirements under company law I.e directors remuneration , directors loan ,resign the audit engagement , directors report and etc. I thought it would be handy to have a page in the exam .

Debs23

Were would I get the solution for "Specky for eyes"? Its the first case in the strategy toolkit.

kenner24

Hey guys........FULL METAL JACKET???!!! Can anyone please shed some light on this?? Took me about 4 hours to read the thing. I picked out the direct indicators but i have no idea where to start. It also doesnt say the form we have to use so im assuming a memo to sally and then a separate memo to fancis?

Any help is appreciated!

Reddzer2002

kenner24 wrote: »

Hey guys........FULL METAL JACKET???!!! Can anyone please shed some light on this?? Took me about 4 hours to read the thing. I picked out the direct indicators but i have no idea where to start. It also doesnt say the form we have to use so im assuming a memo to sally and then a separate memo to fancis?

Any help is appreciated!

Did this case a few days ago and planned to come back to it but have not yet got around to it.

Thought it was a bit of a disaster alright!

autumnbelle

What are you all bringing into the mocks?

20 Times 20 Times

autumnbelle wrote: »

What are you all bringing into the mocks?

My RC :-)

autumnbelle

Me too little pea

womandriver

Haylcyp wrote: »

Hey does anyone know what areas need to be covered in the elective that are not in the. Sorry this was probably asked already. Am I right in saying:

the PASE (ES6)
ISA 220 and ISQC1
ISA 230
ISA 570
ISA 600-group audits

Does anyone know if I am missing anything?

Cheers

You're missing ISA 402 and off the top of my head ISA 600 is examinable at CORE also so is not specific to the elective.

biddyboo

Could someone please attach Valentine Nursery Case + Metal Jacket Case and solution for the poor repeaters. Thanks in advance.

WeeDeee

Would anyone have solutions for Glenn Pets, Ranger displays, Ham Cam or Logic Med please

WeeDeee

Hi biddyboo I attach Valentines Nursery and Full Metal Jacket

biddyboo

WeeDeee wrote: »

Would anyone have solutions for Glenn Pets, Ranger displays, Ham Cam or Logic Med please

Sorry i dont have any of these new cases. If you get stuck for some of last years ones let me know.

Sup39

Hey guys, I haven't started studying yet and finding it hard to get motivated cause don't even know where to start..any suggestions? Has everyone on here started studying already? How do ye even find time with work??!

Fae2014

Just starting also. Don't know where to start!

Torres999

myshirt wrote: »

RC is not a bad result.

If anything, it will focus you for September. Lest we all forget, FR will be all over this paper.

No one has passed this exam yet. No one has failed.

In fact, those who got a C are possibly less likely to get into fight mode. 20 minutes into the exam, that 2 hours panic study you put into IAS 37 one day prompted by fear, and you are back level par with those that got a C.

And trust me, you need to be in fight mode on FR. Eat that Derry Cotter book.

Which Derry Cotter book? The AAFRP one like?

Aidodub87

Torres999 wrote: »

Which Derry Cotter book? The AAFRP one like?

It's the Derry Cotter cases in IFRS book, there's another book then for the solutions.

acastudent

WeeDeee wrote: »

Would anyone have solutions for Glenn Pets, Ranger displays, Ham Cam or Logic Med please

Hey do you still need these solutions ?

Debs23

Hey. Just wondering, how beneficial are the mocks?

Is there much point in doing them if i haven't done any cases to date. Its likely that I wouldn't even pick up on the indicators?

TheDoctor

Get to see what the exam hall environment feels like, see what the answer books are like to fill out. Idea of how long it will take you to read the papers and how to use the reading time.

Accountant81

I agree. I've only done a few case studies but from anyone I've spoken to apparently they are a great learning tool. They are marked by the same people that mark the real thing and you will get your script back with comments about your technique etc. I'm not expecting to get anything about a red in anything at this early stage but I think they will be hugely beneficial. If you can do them I would recommend it.

acastudent

Debs23 wrote: »

Hey. Just wondering, how beneficial are the mocks?

Is there much point in doing them if i haven't done any cases to date. Its likely that I wouldn't even pick up on the indicators?

I think even if you didn't do any cases so far it would be beneficial . I will treat mocks as real exams .

donnem33

in relation to the mocks, does anyone know where they are on? The timetable states the RDS but does not specify which part

acastudent

donnem33 wrote: »

in relation to the mocks, does anyone know where they are on? The timetable states the RDS but does not specify which part

Main Hall it says on the email we received