APM FAE 2013

Dmac_Aca12

Ya I was terrible on time and had no idea how to value the company at the start sim 1 ... could nt get PE as no shares/ market value so started doing all sorts

kb6536

Dmac_Aca12 wrote: »

Ya I was terrible on time and had no idea how to value the company at the start sim 1 ... could nt get PE as no shares/ market value so started doing all sorts

My valuation was like £9m, your boy wanted £5m...emmmm....

Last sim was a disaster for me. Don't think I'd have gotten RC in one indicator

Dmac_Aca12

Ya I got like 5 m before saving s and 8/9 after ... Taught it wrong too but maybe it coz joint ventur le and half ?? But I defo did nt mention that...

For sim3 I had less than a page for each sim and I would nt even call my calc a calc.. Got like 18 million ha

kb6536

Dmac_Aca12 wrote: »

Ya I got like 5 m before saving s and 8/9 after ... Taught it wrong too but maybe it coz joint ventur le and half ?? But I defo did nt mention that...

For sim3 I had less than a page for each sim and I would nt even call my calc a calc.. Got like 18 million ha

Totally missed the joint venture :-(

Dmac_Aca12

I taught it at end but did nt wanna change answer so kept going with it just as buying it and making them employees

pepp

Work tomorrow nightmare!

Dmac_Aca12

Work tomorrow but going to Puerto Rico for 2 weeks sat !! Can't wait to forget about this stupid exam

pepp

Dmac_Aca12 wrote: »

Work tomorrow but going to Puerto Rico for 2 weeks sat !! Can't wait to forget about this stupid exam

Really wish I'd thought of booking holiday for straight after!

Dmac_Aca12

I taught I d be on a high feeling great but after that disaster I feel **** defo be repeating ;(

Dee29

Audit and tax appear to have gone better than APM Considered changing to tax but was so close last year decided to give APM another go. Grrrr

kb6536

I'll be sticking with apm out of stubbornness, they can't give another exam as horrible as that

Dmac_Aca12

I changed from audit ;( grrrr prob would of passed stupid audit...

I actually just keep remembering stuff I done wrong disgusted ;(

pepp

I'm not so sure they are law onto themselves they make the rules and even though we complain makes no difference feels like its so not worth it at all!

kb6536

pepp wrote: »

I'm not so sure they are law onto themselves they make the rules and even though we complain makes no difference feels like its so not worth it at all!

True...it's crap that you study so much for it to feel so pointless

pepp

I feel really cheated I've wasted so much time and effort on it

kb6536

Do you think if everyone's answers were bad they'd have to take this into account when setting the pass rate? I can't imagine many people being happy with that paper really

myshirt

I feel like I am going to wake up at 4a.m tonight and start screaming.

I am in a daze now. They really rode us bareback the last three days.

pepp

I really don't know you'd think they would have to but then I think they want a lower pass rate

pepp

myshirt wrote: »

I feel like I am going to wake up at 4a.m tonight and start screaming.

I am in a daze now. They really rode us bareback the last three days.

I'm dreading the "how did it go" questions from everyone tomorrow

kb6536

pepp wrote: »

I'm dreading the "how did it go" questions from everyone tomorrow

Snap..if you just say 'yeah okay' they'll push for more details, and if you say 'well actually I'm pretty sure I failed the elective' it'll be 'ach I'm sure you'll be grand, don't worry' ....indeed.

Dmac_Aca12

I honestly don't think anyone could of wrote as **** as I did ... There was no sence to my paper at all so think they could pass 80 % and I still would nt be part of it... Four of my indicators were a few bullet points at the end ... I actually felt like I put the work in and was gonna be happy ya can't win like I think I would of done the same after doing no study

Dmac_Aca12

People doing audit seemed happy raging I changed now !!!

myshirt

To make things worse, there are tropical storms forecast for Puerto Rico...

Harsh

searunner

It was a tough exam. I avoided looking at this form yesterday as i was so worried what id see.

i feel a little more comfort that the majority of people feel the same as me.

R0N BURGUNDY

APMers - what did yas make of that? Started with Sim2 - went pretty amazing to be honest. Made the best stab at that I'll ever make. If you had 4 or more highlighters you were elected. It was simply a matter of splitting the expenses from their spazzy spiel. Here is my paper here: http://oi39.tinypic.com/28mh0rq.jpg.

Left sim 3 to the end and struggled to think but had managed my time pretty well so ended up taking ages and splitting it into 4 x 6month periods for all the ****; just averaged the margins. Hope I didn't mess up too much

If that's not a pass then I'll most certainly be switching to ACCA. Mate failed CAP2s and switched. Received a letter there saying he was 3rd in Ireland and 11th in the world for P1. Go figure.

R0N BURGUNDY

Don't know why but thought nobody had commented on the exam yet! wtf.

Anyway - yeah, it was defo hard but I'd say 100% of studying for that exam was a complete and utter waste of time. Glad I didn't do a thing other than make an index while I was waiting for the exam to start. Basically just tested your general knowledge and speed at rattling through their nonsense.

Stabshauptmann

A) Was it really a Joint Venture? think I missed something important. I'm sure I referred in the answer to the need for clearer lines of authority and responsibility, but it didnt really register with me that it was a JV

Sim III, that should have been very straight forward, but did anyone else find it a very badly worded question?

kb6536

Stabshauptmann wrote: »

A) Was it really a Joint Venture? think I missed something important. I'm sure I referred in the answer to the need for clearer lines of authority and responsibility, but it didnt really register with me that it was a JV

Sim III, that should have been very straight forward, but did anyone else find it a very badly worded question?

If I failed it'll have been on sim 3 without a doubt. I assume everyone's going to be filling in the Cassi feedback??

Dee29

Don't forget to do the survey. It's due in by Monday. If you need the link let me know as probably shouldn't post it here.

VolvicWater

Yea i thought sim3 was badly worded for the direct labour and direct overheads of E&M centre. I jus went wit % of direct materials cost (even though that makes no sense) cos i cudnt work out any other methodology.

I also completely missed the jv in sim 1, that was the 1 i did at the end and was very short on time for that. Were annualised earnings €1.7m? I hope i got somethin right in that sim .