!! Accounting 2015 - predictions, guesses, discussions, head-scratching ...

Anonymagician

People predicting cash flow is freaking me out now. Basically ignoring them and published because I find there's too much learning in them.

Blue giant

Anonymagician wrote: »

People predicting cash flow is freaking me out now. Basically ignoring them and published because I find there's too much learning in them.

I'm the same. If it's not tabular, incomplete records or club I'll have to do the ratios question, which I've never done before.

DarraghF197

Love tabs so much! I've been faultless with then so far, and would push up my percentage a bit if they came up.

It could be similar to 2011, and that may be the reason why they won't put up Clubs. I think Incomplete or Cash Flow will come up. Very nice paper in store for us!

Is anyone covering like Service accounts, Suspense and Published accounts? I hate the interpretations, and might glance over published and service worst case scenario.

Blue giant

DarraghF197 wrote: »

Love tabs so much! I've been faultless with then so far, and would push up my percentage a bit if they came up.

It could be similar to 2011, and that may be the reason why they won't put up Clubs. I think Incomplete or Cash Flow will come up. Very nice paper in store for us!

Is anyone covering like Service accounts, Suspense and Published accounts? I hate the interpretations, and might glance over published and service worst case scenario.

Service are basically just club in disguise anyway. A backwards method incomplete records and tabular would be my favoured option

AnnaTorvFan

Are farm accounts a possibility for the 100m?

DarraghF197

AnnaTorvFan wrote: »

Are farm accounts a possibility for the 100m?

Yes. They came up in 2012 (I think) examcraft mock. They're on the syllabus, and Murphy's laws must be applied! :P Chances are extremely low though.

AnnaTorvFan

DarraghF197 wrote: »

Yes. They came up in 2012 (I think) examcraft mock. They're on the syllabus, and Murphy's laws must be applied! :P Chances are extremely low though.

Great. =/

Anyone have some sample 100m Farm Account q's?

Blue giant

DarraghF197 wrote: »

Yes. They came up in 2012 (I think) examcraft mock. They're on the syllabus, and Murphy's laws must be applied! :P Chances are extremely low though.

Now that really would be lovely. We have a thing in our class about farm accounts. The other lad in the class refers to them as good ol' farm account. Probably due to the fact that we are farmers

DarraghF197

Blue giant wrote: »

Now that really would be lovely. We have a thing in our class about farm accounts. The other lad in the class refers to them as good ol' farm account. Probably due to the fact that we are farmers

Hahaha I won't guess where you're from :P

AnnaTorvFan wrote: »

Great. =/

Anyone have some sample 100m Farm Account q's?

I can put up the question along with the marking schemes of the mock question. Otherwise, one could practice the 60markers.

But let me reiterate, the chances are extremely low, especially since Service firms came up last year. I don't know where my papers went, but looking at the previous 60 markers will also tell you if their due up or not.

AnnaTorvFan

DarraghF197 wrote: »

Hahaha I won't guess where you're from :P


I can put up the question along with the marking schemes of the mock question. Otherwise, one could practice the 60markers.

But let me reiterate, the chances are extremely low, especially since Service firms came up last year. I don't know where my papers went, but looking at the previous 60 markers will also tell you if their due up or not.

If you could that'd be great!

DarraghF197

In case you're wondering, ewe is a type of lamb. I'm sure the blue giant will know all about that!

MmmPancakes

My teacher thinks:
Company Final A/C
Incomplete Records
Tabular

randylonghorn

It's actually a female sheep, not necessarily a lamb. :pac:

eoin12345

Hopefully q1 will be a manufacturing and q6 and q7 club accounts and incomplete record type b. They can do whatever they want for q8 and hopefully a straight forward cash budget for q9. That would make my life.

Blue giant

eoin12345 wrote: »

Hopefully q1 will be a manufacturing and q6 and q7 club accounts and incomplete record type b. They can do whatever they want for q8 and hopefully a straight forward cash budget for q9. That would make my life.

Can't see club and incomplete coming up together. Too similar.

eoin12345

Blue giant wrote: »

Can't see club and incomplete coming up together. Too similar.

Yeah probably too idealistic a paper!!! Either or will do though

Scirpt

Anyone have any online resources they use, or any recommended books? Personally I'm using "Taking Account" by Sile Minogue and find it very good.

Anonymagician

Scirpt wrote: »

Anyone have any online resources they use, or any recommended books? Personally I'm using "Taking Account" by Sile Minogue and find it very good.

I like Taking Account and I have Graded Accounting as well which I find great. At this stage it's the exam papers and pre papers I'm working from though.

GuyWithAFace

Hey could someone tell me if I'd be fine not studying product costing and marginal costing if I can do every Q9 in the papers? I plan on doing Q9 in the exam and I'm just wondering if they would through in a mixed question that's never been given yet?

Luke Armstrong

GuyWithAFace wrote: »

Hey could someone tell me if I'd be fine not studying product costing and marginal costing if I can do every Q9 in the papers? I plan on doing Q9 in the exam and I'm just wondering if they would through in a mixed question that's never been given yet?

They might mix flexible and cash budget but doubt they'll mix Q9 +Q9

Daire234

Should it be enough to just learn the theory from past exam paper questions?

Irisheddy

I think it's going to be:
1. company
6/7. club and tabular (incompletes came up as a 6/7 last time they were up so I think they'll be a 2/3/4)
8. some sort of costing

12hello345

do you think is there any chance of departmental coming up as q1??

johnh100

My prediction for HL accounting paper. 1. Manufacturing. 2. Debtors Control Account. 3. Revaluation of Fixed assets. 4. Farm Account. 5. Ratios. 6. Tabular. 7. Incomplete (B). 8. ? (Not sure). 9. Cash Budget. I am thinking of doing farm and debtor a/c instead of 120 marker as them both seem likely. Any one else agree or disagree?

Katezz

Is there any chance suspense could come up again? Don't know it at all

numbers13

johnh100 wrote: »

My prediction for HL accounting paper. 1. Manufacturing. 2. Debtors Control Account. 3. Revaluation of Fixed assets. 4. Farm Account. 5. Ratios. 6. Tabular. 7. Incomplete (B). 8. ? (Not sure). 9. Cash Budget. I am thinking of doing farm and debtor a/c instead of 120 marker as them both seem likely. Any one else agree or disagree?

I agree with you I'll be doing the 60 markers as well but if you're going to do that make sure you cover all three well, no point in risking it if control or farm don't come up

xredmanlfcx

johnh100 wrote: »

My prediction for HL accounting paper. 1. Manufacturing. 2. Debtors Control Account. 3. Revaluation of Fixed assets. 4. Farm Account. 5. Ratios. 6. Tabular. 7. Incomplete (B). 8. ? (Not sure). 9. Cash Budget. I am thinking of doing farm and debtor a/c instead of 120 marker as them both seem likely. Any one else agree or disagree?

Agree and hope this will be the paper! Job costing Q8.

Scirpt

I really hope company comes up instead of manufacturing.

tcofla

So for the schools who only do one type of question from section 3 what is it they do? Do they only go budgeting?

Luke Armstrong

Where do people learn theory? from marking schemes or book?