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APM FAE 2013

searunner

This thread is for anyone who wishes to discuss APM exams issues for the 2013 sitting of the FAE.

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michelle224466

myshirt wrote: »

Guys does anyone have the APM Sample paper?

It is a dead link on the website.:(

Hi Myshirt,

Any joy sourcing sample papers??

foraca28

Dmac_Aca12 wrote: »

I did back to about 2002 with old fae - there very repetitive so after a few i was just reading them and using them for my notes - i had started on these so then went on to case studies / Most of the old financial is the derry cotter book But ya i went through that too.

Did nt do the man accounting one at all its rubbish. I took about 4/5 weeks off last year ( UNPAID ) . had to split it tho to work month end. Ive 2 n half weeks this year for the elective.

I literally had a plan of about 4 cases a day but i d read the theory stuff when i did nt understand anything.

thanks a million for your advice,

In relation to your other post I think they are the only cases we have, you remember the list we got where topics were examined, if you have all those cases that all there should be i think.

To be honest if you get through them and a bit of common sense you should be ok. that what i hope anyways:)

Dmac_Aca12

How did people get on in the mock ??

passwo

where abouts online can they be seen? im having trouble finding them

Dmac_Aca12

passwo wrote: »

where abouts online can they be seen? im having trouble finding them

There on your own page when you log on where you normally find notes - then there is a tab down the left that says mock exam results

Mark1916

Guys q3.1 part b in the book, capital allowances 50% in yr 1 should they not be 1m for the remaining 4 years instead of 1.2m as per the answer?

Dmac_Aca12

Ya It defo should be 1 m has to be typo.

Tricky1979

can anybody pls explain the Rights Issue option 1 in (indicator 5) the RGY - where is he getting €8.333Bn after the RI? Doesn't make sense. Thanks

Tricky1979

thks - I had it that the value of the shares would br 7.5bn (5bn * 1.5)

i have done a few cases now and they are not great, - think its the book for a few now (which is all over the place!)

Dmac_Aca12

Have people on here done Douglas glass ?

Indicator 3 - any advice on how risk associated with expanding into new territories maybe mitagated

When doing this did people answer like the solution discussing market entry strategies and risk of these ? I went down the line of Risks political / legal /exchange / cultural ? Did anyone else do this ...

Really struggling with the sample cases - I'm not coming near the solutions

Stabshauptmann

Is the Pitem solution correct?

I can't figure out where they are getting the debt figure for option B of €31,084

I would assume the debt is the current debt in the company of €14,418 plus the $15m loan and the $10m loan note being issued.
15,000 / 1.31 = 11,450
10,000 / 1.31 = 7,634

So by my reckoning the debt for option b should be 14,418 + 11,450 + 7.634 = €33,502.

Is the answer just wrong or have I missed something.

I am also getting different interest figures. Anyone done this question yet?

Dmac_Aca12

My solution has total debt as 33 501 and interest as 2271 ??

Stabshauptmann

Dmac_Aca12 wrote: »

My solution has total debt as 33 501 and interest as 2271 ??

I have the same one as is attached by toobeyshaw is post 8. If you have a different solution, can you please upload. I've searched ICAI website and cannot find it. I would be very grateful for attachment, or very specific link

Dmac_Aca12

I ll load it in work tomorrow have no way at moment .

ted2767

Stabshauptmann wrote: »

Is the Pitem solution correct?

I can't figure out where they are getting the debt figure for option B of €31,084

I would assume the debt is the current debt in the company of €14,418 plus the $15m loan and the $10m loan note being issued.
15,000 / 1.31 = 11,450
10,000 / 1.31 = 7,634

So by my reckoning the debt for option b should be 14,418 + 11,450 + 7.634 = €33,502.

Is the answer just wrong or have I missed something.

You're correct the debt figure is incorrect.
The interest cover and the other calc is correct as far as I can remember but the gearing is certainly incorrect.
No suprises in that considering its issued by that shower.

Dmac_Aca12

THis must be an updated version as the figures seem correct.

Dmac_Aca12

Has anyone done out wear limited - does anyone know where they got the offer price of 80 euro ??

foraca28

Dmac_Aca12 wrote: »

Has anyone done out wear limited - does anyone know where they got the offer price of 80 euro ??

i have seen that as well, i tink dere is info missin here because in the narrative between the austrian & the irish guy, there aint any mention of the actual offer price. i spent ages lookin at it but in de end, im came to de conclusion, we r missin info here

Dmac_Aca12

Tonight has been a bad night of study .. ;( anyone done the M&E engineering paper ? Anyone know where they got the rent 20,000 per year.

foraca28

Dmac_Aca12 wrote: »

Tonight has been a bad night of study .. ;( anyone done the M&E engineering paper ? Anyone know where they got the rent 20,000 per year.

hey i tink it is as follows;

office rental costs in india 100 rupees per square foot, & the indian office needs 10,000 square feet.

Thus 10,000*100=1,000,000rupees

50 indians rupees to euro,

thus 1,000,000/50=20,000

Dmac_Aca12

Thanks the more I look at the worse I'm getting

Dmac_Aca12

Does anyone have the following cases :

Multiple holdings
interglaze

Also are people looking at Old Fae or SFMA for this exam ?

Dmac_Aca12

Just got my mock script in the post ... Anyone feel that the examiners comments were bit harsh? I was decile 4 sufficiency 3 so was bad but her comments we re worse than expected !

Tricky1979

how do you know it was a her?!

there's no mention of how to structure the loan in the Pitem solution or am I missing something?

Mark1916

Dmac_Aca12 wrote: »

Does anyone have the following cases :

Multiple holdings
interglaze

Also are people looking at Old Fae or SFMA for this exam ?

Yea joe Healy mentioned a couple of questions summer 2010 sfma q2 candence. He said it was good for methods of financing

myshirt

Tricky1979 wrote: »

how do you know it was a her?!

there's no mention of how to structure the loan in the Pitem solution or am I missing something?

Correct, there wasn't. And there should have been.

On the first point, it was definitely a her.

I got a her that layed into me also - strange.

Without profiling, I think you can form an accurate enough guess by the writing, both tone and style. It's a woman's writing. It's a woman's sentiment. Definitely.

Mark1916

Tricky1979 wrote: »

how do you know it was a her?!

there's no mention of how to structure the loan in the Pitem solution or am I missing something?

Planning on having a look at this tomorrow at some stage so ill come back to you then!!

Mark1916

myshirt wrote: »

Correct, there wasn't. And there should have been.

On the first point, it was definitely a her.

I got a her that layed into me also - strange.

Without profiling, I think you can form an accurate enough guess by the writing, both tone and style. It's a woman's writing. It's a woman's sentiment. Definitely.

What sort of points did he/she/it make? Anything useful?

Dmac_Aca12

Ya I bet my life on it being a women ... A man would nt of gone into all the small - at one point she wrote wrong ... worrying !!!! fairly smart tone !! that I made a poor effort and would someone pay for this advice .. I was decile 4 I would hate to see what she told the people in decile 9/10. I'm feeling someone what deflated by it and starting to freak a bit bout it

Mark1916

Dmac_Aca12 wrote: »

Ya I bet my life on it being a women ... A man would nt of gone into all the small - at one point she wrote wrong ... worrying !!!! fairly smart tone !! that I made a poor effort and would someone pay for this advice .. I was decile 4 I would hate to see what she told the people in decile 9/10. I'm feeling someone what deflated by it and starting to freak a bit bout it

I would pay no attention, I didn't do the mocks (due to having to work) instead the plan on Monday is to attempt it and watch the joe Healy lecture and go through it! It's easy for her to write that stuff you would have thought she would have been more constructive! Pick up a few points from it and keep studying away at the end of the day it's a mock and no more!