FAE 2009

crapmanjoe

Hi

Does anybody know are the FAE lectures starting this weekend?

Was bored in work and had a quick nosey around the student part of the ICAI website, there is a FAE time table up that says lectures are starting this Saturday! :eek:

Does anybody know is this the case? There hasnt been an email sent about it or anything - I thought FAE lectures didnt generally start till Dec!

Badboy21

well they ahve started so lets get with the times

Interyurauldone

Sitting FAE's this September what are people's thoughts on em? As hard as prof three's? do you expect the number of total passing candidates to fall due to a lower demand in the market place? Hopefully not!!

Is the limerick sitting in Mary I this year?

SIBHCHEVIE

One of the hardest exams I've ever done, not for the content but for the sheer length of time you are off. Staring at 4 walls and books for 13 weeks is torture. They are not too bad though only sticky one is MABF I thought I failed it miserably it was a ridiculous paper. My only saving grace was I think they may have marked it easier because we gave out about it.

Just make sure you spend a week at least getting your notes together and make sure you know where everything is in your folders for Auditing especially. The two books by Derry Cotter for Financial Accounting are pretty much the only material I used for that exam and then Multi D just do exam papers it's the same every year.

I hope they don't mark it harder for ye this year. Best of luck

Cantoris

You should enjoy the 13 weeks off as it's probably the last time you'll get that sort of paid time off. If you do a little bit of work on the multi D during the year it's just a case of revising for a few hours a week on the run up to the exams. It's a thinking exam rather than a memory one.

Your focus in the 13 weeks will be auditing as this is the one that gets most people......at the end of the day that's supposed to be your 9-5 job so they expect you to know it well. MABF and Fin Acc is easy or tough depending on your undergrad course.

It's just a tough four days rather than each exam being rough. The best piece of advice I got was to be in a position to give yourself an easy last week before the exams (i.e. start cramming a week earlier) so you are fresh for the four day marathon. Of course I ignored that completely and by day three I was running on fumes!!

Justintime

I did the FAE's last year and I have to agree with the previous posts concerning the 13 weeks - it's very difficult to properly motivate yourself! I went on holidays for the first two weeks which seemed like a great idea at the time until I came back and started to panic at the volume of work I needed to get through! I think that the open book exam was probably the hardest thing to get used to. I attended the revision courses with Liam Doran and Dave O'Donoghue in the IFSC and I have to say they were a life saver. My advice is to plan your study so you don't end up having to cram at the end and just try not to panic!! Best of luck:)

Interyurauldone

Justintime wrote: »

I did the FAE's last year and I have to agree with the previous posts concerning the 13 weeks - it's very difficult to properly motivate yourself! I went on holidays for the first two weeks which seemed like a great idea at the time until I came back and started to panic at the volume of work I needed to get through! I think that the open book exam was probably the hardest thing to get used to. I attended the revision courses with Liam Doran and Dave O'Donoghue in the IFSC and I have to say they were a life saver. My advice is to plan your study so you don't end up having to cram at the end and just try not to panic!! Best of luck:)

Thanks for all those comments lads much appreciated.

I was meant to be getting the full 13 weeks paid leave this year but there's been a major clampdown on paid study leave so alot of people where i work including myself have been told to stay on for a week or two or else take unpaid leave. This after all the paycuts plus tax increases is just not an option for us. But i think i'll be alright, im trying to organise folders and get lecture notes together at the moment. I'm hoping block release will be a help as well.

There's a lot of talk going around that they might lower this year's pass rate because of the shortfall of positions in the market but I’m hoping that won’t be the case.

Thanks again for the advice. Keep it coming!

goodgirl12

Can anyone actually recommend the best way to study for FAE's?

I'm dreading the thoughts of it because with it being an open book exam it will be very different to study for compared to all the other exams i've done.

Is it best to just constantly do exam papers or what do people think?

Also do people ususally just bring in the course material eg the books/packs given to us for each subject into the exam - and their own notes or do people bring extra material in?

FAEer

Any advice on what notes to use, what way to index and how much material to bring in - 2 folders per subject or 8?!!

Thanks!!

Interyurauldone

FAEer wrote: »

Any advice on what notes to use, what way to index and how much material to bring in - 2 folders per subject or 8?!!

Thanks!!

I was at an FAE study skills course where i work last week and they told us that there was an overlap between Auditing and Financial and an overlap between MABF and Multi-D so to consider bringing those notes into both exams.

They mentioned going through the updated syllabus to make sure nothing has come off the course during the year as well.

They also advised geting notes together before study leave so as to give yourself an idea of what lies ahead.

FAEer

Thanks a mill for those tips!!!

Sorry to be a pain but did they give an indication of what should go in your folders?! Or how to approach indexing?

So far my plan is to print off all exam papers & solutions as one folder per subject. After that Tax I'll just stick with the manual, MABF the same.

Multi-D - Random subject - what notes would you suggest using?
FA - there's only been a couple of lectures (and i've missed them) - are we supposed to re-cover the Prof 3 material?
Audit - No idea where to start.

Thanks!