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FAE 2011 Where to begin

FAE_UCH

Hello all,

This thread may be a little premature but after that disaster of a paper on Saturday, I figure i better start doing a bit now while i'm still slightly in study mode. I did a masters so i feel at a huge disadvantage as i did not have to come through CAP 2. Is there any point in me now going back and trying to look at CAP2 material or would that be much too technical for this.

Does anyone know what the best plan of attack to study this? I'd love to hear past Faer's advice, or people who have a plan to share it with us.

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Hackysack

That's odd. It's probably a mistake on the institute's part.

noveltea

I email the institute about the missing ROI tax elective and they said "The Tax solution will be uploaded to the website by the end of the week."

Kingdomkerry

Hi all

I sat the FAE’s last year. I passed the elective and in the Core I got three green, 2 yellow and a red in Tax so unfortunately I have to repeat this year 

I paid the fee to sit the exam but I did not enrol for college this year

I would be grateful if people could advise me on a few issues

What case studies are in Green, Blue and Red this year and are they the same as last year? (I know people might not know what was in each last year but ye might of been told it is the same)

Are there any new case studies in the resource pack this year other than what is in Red, Green and Blue and the ones below?

1. Building Fixes Ltd
2. Byrne Ltd
3. Dodgy Construction Ltd
4. GlobalTech Packaging plc
5. Green Homes
6. Jones Fine Furniture Limited
7. Surf Shop
8. Telco
9. Victoria
10. You Look Fantastic

NB - Does anyone have a link where I can print off clean copies of the case studies. I finish work on Friday and want to get them printed at the office before then

Are there any changes to Taxation rates/rules etc from last year?

Any other significant changes?

I have emailed the institute about all of this but surprise, surprise I have not got a reply

If anyone is looking for advice from someone who sat the exams last year do not hesitate to ask

LightningBolt

Case Studies

Building Fixes Byrne Ltd Datatech Dodgy Construction GEMS Global Tech Green Homes Irish Italian Food Partnership Jones Fine Furniture MechElec O'Reilly Mortgages Runaways St Bernards Southern Fisheries Surf shop Telco Victoria You Look Fantastic

FAE
2010 Core 2010 Simulations 2010 Elective
FAE Mock Papers

2010 Core 2010 Simulations 2010 Elective 2011 Core 2011 Simulations 2011 Elective
FAE Sample Papers Sample 1 Sample 2

Additional Cases
Metro Water Midwest Oil Motorvation Second String Quan Core Newline Swetter Gym Precision Mow

LightningBolt

LightningBolt wrote: »

Case Studies

Building Fixes
Byrne Ltd
Datatech
Dodgy Construction
GEMS
Global Tech
Green Homes
Irish Italian Food Partnership
Jones Fine Furniture
MechElec
O'Reilly Mortgages
Runaways
St Bernards
Southern Fisheries
Surf shop
Telco
Victoria
You Look Fantastic

FAE
2010 Core
2010 Simulations
2010 Elective

FAE Mock Papers
2010 Core
2010 Simulations
2010 Elective
2011 Core
2011 Simulations
2011 Elective

FAE Sample Papers
Sample 1
Sample 2

Additional Cases
Metro Water
Midwest Oil
Motorvation
Second String
Quan Core
Newline
Swetter Gym
Precision Mow

There all the case studies I have. They're all paper copies bar the additonal cases which I've pulled from this thread bar precision mow which hasn't been released yet. There's one new case too but I haven't seen it yet.

Kingdomkerry

Thanks. Have you got a link where I can print out these case studies and solutions to the additional case studies?

LightningBolt

If you go onto the main page of this forum and click on the attachment sign beside this thread it will bring up all the files that have been uploaded!

Kingdomkerry

Thanks very much.

Is there anybody who can provide me with a link to (questions only I have the solutions)

Building Fixes
Byrne Ltd
Datatech
Dodgy Construction
GEMS
Global Tech
Green Homes
Irish Italian Food Partnership
Jones Fine Furniture
MechElec
O'Reilly Mortgages
Runaways
St Bernards
Southern Fisheries
Surf shop
Telco
Victoria
You Look Fantastic

I also need:

Midwest Oil (Q&S)
Second String (Q)
Swetter Gym (Q)
Precision Mow (Q&S)
Mock Core 2010 (Q&S)
Mock Simulations 2010 (Q&S)

Thanks in advance

fancyanosh

Are there any solutions for the 4 IMP Case Studies? One of them says "for discussion" on it so that usually means theyr not gonna bother do out a solution. The 4 cases are:-

1. Sovereign Property Specialists
2. Freeze Refrigeration Group
3. Small and Large
4. Company

Also I was wondering is the Course Material section of the student website the exact same for everyone or is it different for the different centres? I spotted a couple of cases up here (audit elective ones) that aren't up on the website.

flapps

I'm in the same boat as Kingdom Kerry above..

Alot of stuff missing..

I'm attaching all the case study stuff i have, listed below.. Pretty sure they're all available on the student site though..

Can anyone please post up the questions/solutions i'm missing? Or even point me in the direction to find them. Definitely missing Globaltech, Irish Italian Food Partnership and Precision Mow..

Case Studies list -

Building Fixes - Solution
Byrne Ltd - Solution
Datatech - Solution
Dodgy Construction - Solution
GEMS - Solution
Green Homes - Solution
Jones Fine Furniture - Solution
MechElec - Solution
O'Reilly Mortgages - Solution
Runaways - Solution
St Bernards - Solution
Southern Fisheries - Solution
Surf shop - Solution
Telco - Solution
Victoria – Solution
You Look Fantastic - Solution

Additional Cases
Metro Water – Q & Sol
Midwest Oil - Solution
Motorvation - Solution
Second String - Solution
Quan Core – Q & Sol
Newline – Q & Sol
Swetter Gym – Q & Sol
Ply4 Hire - Question
Flexum – Question
B Goode – Q & Sol
Maliss – Q & Sol
Quancore – Q & Sol
Firesec - – Q & Sol

2010 Mock – Q & Sol (core, simul, tax elective)

Cheers

flapps

Continued..

flapps

And again..

Sorry

flapps

Let me know if i'm missing any from the list above..

ahtfulal

Anyone have Second String Case (have solution), Flexum Solution (have case) and is there a Precision Mow case and solution floating around?

Thanks

tt0717

ahtfulal wrote: »

Anyone have Second String Case (have solution), Flexum Solution (have case) and is there a Precision Mow case and solution floating around?

Thanks

Precision Case and solution.

I am also missing Second String Case (have solution) and Flexum Solution (have case), anyone have them?

Kingdomkerry

fancyanosh wrote: »

Are there any solutions for the 4 IMP Case Studies? One of them says "for discussion" on it so that usually means theyr not gonna bother do out a solution. The 4 cases are:-

1. Sovereign Property Specialists
2. Freeze Refrigeration Group
3. Small and Large
4. Company

Also I was wondering is the Course Material section of the student website the exact same for everyone or is it different for the different centres? I spotted a couple of cases up here (audit elective ones) that aren't up on the website.

I wouldnt worry about IMP if I were you. Just take note of the solutions on the case studies. Should be repetitive enough

Kingdomkerry

flapps wrote: »

I'm in the same boat as Kingdom Kerry above..

Alot of stuff missing..

I'm attaching all the case study stuff i have, listed below.. Pretty sure they're all available on the student site though..

Can anyone please post up the questions/solutions i'm missing? Or even point me in the direction to find them. Definitely missing Globaltech, Irish Italian Food Partnership and Precision Mow..

Case Studies list -

Building Fixes - Solution
Byrne Ltd - Solution
Datatech - Solution
Dodgy Construction - Solution
GEMS - Solution
Green Homes - Solution
Jones Fine Furniture - Solution
MechElec - Solution
O'Reilly Mortgages - Solution
Runaways - Solution
St Bernards - Solution
Southern Fisheries - Solution
Surf shop - Solution
Telco - Solution
Victoria – Solution
You Look Fantastic - Solution

Additional Cases
Metro Water – Q & Sol
Midwest Oil - Solution
Motorvation - Solution
Second String - Solution
Quan Core – Q & Sol
Newline – Q & Sol
Swetter Gym – Q & Sol
Ply4 Hire - Question
Flexum – Question
B Goode – Q & Sol
Maliss – Q & Sol
Quancore – Q & Sol
Firesec - – Q & Sol

2010 Mock – Q & Sol (core, simul, tax elective)

Cheers

Link?

acahopeful

Hi, this may be the wrong place to post this thread but I was just working through the case study Byrne Limited and in the soultion it says that stock is valued on a LIFO basis which as we know is not allowed in IAS 2.

However, the year end is 31 August 2010 and stock is valued at the September 2010 purchase price so how does this mean it is valued on a LIFO basis? Surely the stock is valued at September 2010 prices which means the stock is valued at the most recent purchase price and therefore the stock on hand at year end is the most recent stock and would suggest it is valued on a FIFO basis?

Any information would be great.

Hackysack

It's a little confusing but since all of the stock is valued at the latest available purchase price (so it would be all treated as being 'Last In - First Out'). As you acquire stock through the year it should be recorded at that date (as opposed to the year end date) which is why it's a LIFO system.

FIFO works as if you're getting the stock in June, July and August and you record the price at that particular level for each month. If they're valuing it by using September's amount it means that they're valuing everything at the last available price which is in effect LIFO which is prohibited by IAS2.

aca101

flapps wrote: »

I'm in the same boat as Kingdom Kerry above..

Alot of stuff missing..

I'm attaching all the case study stuff i have, listed below.. Pretty sure they're all available on the student site though..

Can anyone please post up the questions/solutions i'm missing? Or even point me in the direction to find them. Definitely missing Globaltech, Irish Italian Food Partnership and Precision Mow..

Case Studies list -

Building Fixes - Solution
Byrne Ltd - Solution
Datatech - Solution
Dodgy Construction - Solution
GEMS - Solution
Green Homes - Solution
Jones Fine Furniture - Solution
MechElec - Solution
O'Reilly Mortgages - Solution
Runaways - Solution
St Bernards - Solution
Southern Fisheries - Solution
Surf shop - Solution
Telco - Solution
Victoria – Solution
You Look Fantastic - Solution

Additional Cases
Metro Water – Q & Sol
Midwest Oil - Solution
Motorvation - Solution
Second String - Solution
Quan Core – Q & Sol
Newline – Q & Sol
Swetter Gym – Q & Sol
Ply4 Hire - Question
Flexum – Question
B Goode – Q & Sol
Maliss – Q & Sol
Quancore – Q & Sol
Firesec - – Q & Sol

2010 Mock – Q & Sol (core, simul, tax elective)

Cheers

Heres the Globaltech solution, any chance you could post the GEMS solution? Thanks. If anyone else has the Irish Italian Food solution that'd be great. Can't understand why the institute haven't posted all the solutions on the website!

flapps

Thanks aca101..

Heres the Gems Sol and it turns out i have the irish italian solution.. Dont have the question for either though.. where do i find them??

Kingdomkerry - i attached zip files to a few posts with the case study stuff i had..

LightningBolt

Bar the FAE mock electives for 2010/11 and FAE 2010 Papers are there other case studies which related specifically to the Auditing Elective? If so, could people please tell me which ones they are?

levi

Well there's the sample papers aswell here

I don't think there are any other ones other than ones put up on the Student Centre for class - I think it's Whelan Engineering and something else...

I'd be interested to know if there are any more elective papers for audit...

zamaramo99

Hi Guys,

Could anyone tell me where I can find the PQA's for Auditing????

Thanks

perfect_circle

Hi zamaramo99, took me ages to find those too! I'm not uploading only because the document is huge but you should find them in Audit Induction session 1 (in Core), and its a PDF document of audit working papers.

SL10

LightningBolt wrote: »

Bar the FAE mock electives for 2010/11 and FAE 2010 Papers are there other case studies which related specifically to the Auditing Elective? If so, could people please tell me which ones they are?

I have a couple of others:
Chemical Sisters- dont have a solution
Kerrigans Medical Devices- dont have solution
Whelan Engineering
Red Ireland Limited
Fundi Limited
Moon Designs
White Distributors
Zeb Dallas

zamaramo99

perfect_circle wrote: »

Hi zamaramo99, took me ages to find those too! I'm not uploading only because the document is huge but you should find them in Audit Induction session 1 (in Core), and its a PDF document of audit working papers.

Thanks Perfect Circle but still cant find it on website or course material.. would u mind putting up a link to it?

LightningBolt

Has anybody got the following cases and solutions? Where are these case studies coming from by the way? I can't see them on the student website at all.

Chemical Sisters
Kerrigans Medical Devices
Whelan Engineering
Red Ireland Limited
White Distributors
Zeb Dallas

LightningBolt

zamaramo99 wrote: »

Thanks Perfect Circle but still cant find it on website or course material.. would u mind putting up a link to it?

I'm the same. There's no course material up from lectures in November and December at all bar business leadership stuff from 2009!

SL10

LightningBolt wrote: »

Has anybody got the following cases and solutions? Where are these case studies coming from by the way? I can't see them on the student website at all.

Chemical Sisters
Kerrigans Medical Devices
Whelan Engineering
Red Ireland Limited
White Distributors
Zeb Dallas

Attached is the last four. The solutions are in the documents too I think. I got them all off the course materials on the website.