Cap 2 2017

malistheman wrote: »

Don't think I've seen that at all either, presume its changes in equity for question one?

Yes it probably is. They can be tricky enough.

Hey everyone!

Hope the exams go well for all of you!

Just wondering how everyone is sorted for the exams at this stage?

I think I will be okay for Audit and SFMA.

However, I feel like I am after forgetting loads of information for tax and FR!! Which is worrying!

Are any of ye still learning new content at this stage? or are ye just practicing exam papers!

Thanks

vikings2012 wrote: »

Hey everyone!

Hope the exams go well for all of you!

Just wondering how everyone is sorted for the exams at this stage?

I think I will be okay for Audit and SFMA.

However, I feel like I am after forgetting loads of information for tax and FR!! Which is worrying!

Are any of ye still learning new content at this stage? or are ye just practicing exam papers!

Thanks

I have done at least 6 past exam papers at this stage for each module. I plan on doing like a live past paper for each at the weekend for time wise and then again the day before each module.

I feel that I am okay with Tax as it is the same reliefs that come up. If I do get caught out on something trivial, its only two or three marks, so I am not worrying too much about the overload of information there.

Audit and FR I seem to be grand about. Deferred tax and construction contracts are catching me out at the moment. Gonna concentrate on them and a consolidation FX tomorrow.

SFMA - I seem to be grand on the calcs. A lot of writing involved in this and find that I might suffer on the theory element. Anyone else feel the same?

thefox1982 wrote: »

I have done at least 6 past exam papers at this stage for each module. I plan on doing like a live past paper for each at the weekend for time wise and then again the day before each module.

I feel that I am okay with Tax as it is the same reliefs that come up. If I do get caught out on something trivial, its only two or three marks, so I am not worrying too much about the overload of information there.

Audit and FR I seem to be grand about. Deferred tax and construction contracts are catching me out at the moment. Gonna concentrate on them and a consolidation FX tomorrow.

SFMA - I seem to be grand on the calcs. A lot of writing involved in this and find that I might suffer on the theory element. Anyone else feel the same?

Tbh based on your contributions (which I'm very grateful for) I think you seem completely on the ball. If I were you I wouldn't be worried at all.

I'm finding the whole thing very tedious at this stage. Keep making mistakes and getting confused and it's just getting me frustrated.

I agree with you on the deferred tax and construction contracts. The fx is niggly too.

Ya the theory of sfma is very demanding. Hard to determine what exactly they want. Some of the calculations get me though. Like different methods and stuff.

I don't know. It's all highs and lows.

malistheman wrote: »

I'm only doing FR and SFMA (modular basis) and am finding it a bit tedious too. I do find my knowledge improving with each question I do though.

I'd agree on SFMA, any tutorial I've seen really points out that SFMA is only 50% calculations and the other half is theory. So really if you apply the information we have from notes etc to the information in the question you should pick up a good amount of the marks.

FR is just a matter of keeping at questions over the next week for me anyway. Have to look over consolidation a little further but also wary that it's typically only 25% of the paper and that nailing question 1 adjustments can get you 3/4 of the way there.

I think you are right, practice makes perfect! The majority of the issues for SFMA come up every few papers, it's just tailoring them to the question.

FR is really getting technique/approach down for each type of adjustment or standard

shanmo wrote: »

Thanks very much

I just came across a question that has the consolidated changes in equity. Summer 2012 question 1. It deals with two subs, one being an FX and one acquired during the year. One of them was bought with using shares. It is a good question and if you can do this you will be grand in the exam!

Feeling extremely overwhelmed at this stage! So much I need to look over but so little time.

Just wondering is everyone just doing exam paper q's at this stage for study? Can't wait to just get them done at this stage!

123moose wrote: »

Feeling extremely overwhelmed at this stage! So much I need to look over but so little time.

Just wondering is everyone just doing exam paper q's at this stage for study? Can't wait to just get them done at this stage!

Yeah only past papers for the last few weeks! Doing full papers for each module over the weekend to suss out time wise.

Ponyface wrote: »

Anyone feeling completely wrecked at this stage? Really struggling to do any study!

Also have a tax question, in the case v Comp isn't only 75% of loan interest allowed as a deduction? However, all of the solutions deduct the full amount, e.g. Aut 16 q1. Can someone clear this up for me?

Yep I sure am!
At this stage I'm so tired and just so fed up wit it. Struggling to find any motivation for any of it now.

I don't know but is it something to do with a difference between commercial and residential?

Ponyface wrote: »

Yes I think your right, the 75% is residential only!

Still only a week to go and then we can chill and not feel guilty for the lack of study!!😂

Bring on 1.20 pm Friday. it's actually killing me today...

vikings2012 wrote: »

Hey guys,

Just wondering you know for question one on the fr paper. Are you allowed to write your workings on the face of the accounts?

Like usually after every working I write my adjustment on the face of the accounnts e.g. Revenue (300+25-10)......... 315. Is that permissible?

Worried about fr... I've complete the last 8 exam papers and I've studied all standards well bar 11,2,17 and 19.

Btw are ye study a bit of everything for all the exams every day or are ye just focusing on one exam per day?

Thanks

Yeah you are allowed to write on the exam paper. I am bringing a note pad with me into the exams for that purpose during the reading time. I am also going to use it to plan the theory questions for SFMA.

While studying over the last few weeks I have been doing all four subjects a day(2.5 hours each) but for next week I will be just focusing on the subjects that are the following day. Glad tax is first so I have all of tomorrow to cram it all in.

Done 62 hours study this week and I have justified that I should take this afternoon off and enjoy the sun! The calm before the storm!

Can anyone tell me which hall in the RDS the exams are on and where the parking is? My first exam is tomorrow and I'm starting to stress about the little things.

thefox1982 wrote: »

It's in simmonscourt. It's where funderland does be. It's be on in Hall 8c the past two days. There is parking at the hall too. I think it's €6

Thanks.