2013 CAP2 Discussion Group

Hey all,

Just wondering if there are any students on here from the north west? Just wondering because we have requested an exam centre in the Sligo area this year in order to cut down on stress and cost for students who have to travel to Dublin/Galway for exams!

Has anybody tried to watch Session 9 & 10 of Financial Reporting online? The screen is coming up really small like a quarter of the size it is normally. He types out the notes on excell sheets throughout the whole thing but I can barely see what he's typing even when I zoom in to 200%. Is this the same for everyone else?? It's extremely frustrating!!:(

Noonster wrote: »

Mine too. If you click the 'Full screen' - the 4 arrows - button in the top right hand corner of the screen it is better, I think?

Thanks, I thought that was going to fix it but I think it just moves it to the center because I still can't seem to read it properly It can't be good to have my face pushed up so close to the screen for 4 hours either trying to read the tiniest blurried font. I've sent an email asking can it be edited to have the normal screen size but I don't know do they pass any heed of them..

Foxy1987 wrote: »

Hey all,

Just wondering if there are any students on here from the north west? Just wondering because we have requested an exam centre in the Sligo area this year in order to cut down on stress and cost for students who have to travel to Dublin/Galway for exams!

I'm from Donegal and an exam centre in the north west would be great make it a lot easier and less expensive.

You wouldn't be able to sit any of the tax exams in derry if you were from the North West

I have started studying awhile now,have a good bit of time as not in a contract and doing a part time course, only doing audit and tax tho,

For tax i have really just been working with question, still looking at solutions for some stuff but its slowly clicking....
from what i can see the specific that you need to know so far is due dates, the conditions for reliefs.. you'll need to know how to advise your client re cgt cat and stamp duty but for me at the min I'm hoping doing question will help understand and learn the theory a bit better

for audit, i have started making up notes such as having a list of isa and what there are, the substantive methods for inventory nca etc, and pg referencing them to the book so that i can look at that and basically find what i need as quick as possible, i would easily drift into looking for answers from the book so I'm hoping this helps, but ill find out in the mid term

other than that, i find it a bit of a mind field, i get the principle behind it and what to look at, but the layout and basically dissecting what I'm actually being asked is where I'm really struggling atm.

jus_tin4 wrote: »

for audit, i have started making up notes such as having a list of isa and what there are, the substantive methods for inventory nca etc, and pg referencing them to the book so that i can look at that and basically find what i need as quick as possible, i would easily drift into looking for answers from the book so I'm hoping this helps, but ill find out in the mid term

Even though it is an open book exam you will/should not spend to much time looking at your books/notes. If you practice the questions and and get into the mindset of the examiner then you will not need to be looking into the book to much.

Plus you wont have too much time to be looking through your notes, you will spend all your time writing.

The results will be out before the 28th of February

Incase you didn't get the email:

Please be advised, that the CAP2 Interim Assessment results for SFMA and Financial Reporting which were held on 18th January 2014, will be published to your student portal this Friday, 28th February 2014 at 9am.

Please log on to your student portal to view your result under the Exam Results section and then select “Assessment Results”.

FYI Results up

Imported but wrote: »

FYI Results up

Best of luck to everybody !! I was waiting on these two results lady year so I know how you feel.

Best of luck to everybody today...

I was in the same boat last year waiting on these results.. Don't get too hung up if the results are not that positive cuz it's the results in June that counts..

prettyrestless wrote: »

No sign of mine yet. I really wish they'd just hurry up!!

You checked under 'assessments'?

Here you go.

Well i was just wondering about the standard costing question for Management accounting.
If your given a question like this.

Products sold in 18 litre containers
Product Litres
X

---

4
Y

---

6
Z

---

10
There is a standard loss of 10% in the manufacturing process.

Actual output is 36000 containers.

To get the Standard Quanity and in standard proprtions for working out the yield, do you just do this?
36000/.9 = 40000
X 40000*4=160000
Y 40000*6=240000
Z 40000*10=400000