Option Topics

System
System Posts: 100,534 🤖 Admin 🤖
Hello,

Im actually studying Intermediate at the moment, but I was wonderinif one of the Technician students could explain this to me.

I was looking at my local college Prospectus which gives the details of Techinician course and it says there are 3 options covering Audit, Taxation & Cash Management/Credit Control.

Do you have to study 1 or 2 of these at least?
Is there exemptions (when doing ACCA/CIMA) if you complete all these AAT units?

Hoping someone will know, many thanks.
Louise

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Option Topics

    Hi Matthew, there are actually 4 options and you pick two of them. Cash Management and Credit Control, Audit (these are skills tested) and Business Tax and Personal Tax (these are central exam tested). I'm doing them all as they give me greater exemption from ACCA, all of part one I think.

    Hope this helps
    Jackie
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Option Topics

    You only have to finish technician to get exemption from all of stage 1 of ACCA, regardless of which units or how many of them you take.

    I certainly found doing the tax units helped as that's about 70% of the 2.3 ACCA business tax paper.

    Annette
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Option Topics

    Annette, that's even better than I thought!

    Jackie
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Option Topics

    If your looking to do CIMA then the tax paper has now been changed into only 20% of a paper (you only need 50% to pass) so its not all that important. However if your going to work hard your better off doing business tax because it will always look better on your CV to having chose it.

    PEV/PCR are very easy (ECR but harder).
    DFS is fairly hard (FRA but harder).
    PTC is very simple and not much to learn (once you get your head around it).
    BTC is the hardest paper but if you do PTC alongside it (as many do) you should find it not too daunting.
    Cash Management/Audit are ridiculously easy and you don't even have to do a exam (so why it lets you choose between BTC and these I have no idea).
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Option Topics

    Redkez - can't say I agree with you about PEV and PCR being easy !! I did manage to pass them both in December on first sitting but that was after a solid 6 months of hard work. Perhaps its just what you're used to....

    I found DFS easier to get my head around but there is a hell of a lot to remember if its not something you deal with everyday at work - and remembering all those standards is a nightmare !

    Can't comment on the skills based options as I did the tax ones. I found them both really interesting but I'd say they're more suited to people who like number-crunching.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Option Topics

    Hi

    I would agree with Nicky. I am currently studying PEV/PCR and it is a struggle at present. DFS was a nightmare, but PTC and CMCC were straight forward and a refreshing change.

    Best of luck with whatever you chose.
    Eva
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Option Topics

    Maybe I being a little bit ott saying they were easy however they both are easier than BTC and DFS however you look at.

    Both are pretty predictable on what will come up, if you do 2/3 past papers (the key one to look at is the one 18 months previous) then its almost certain you'll have done a identical question with different numbers.

    DFS/BTC/PTC are somewhat more time consuming in that you have to memorise loads of equations, in DFS's case ratios and FRS (or now IFRS). Or for BTC/PTC all the various different rules.

    As long as you have a good tutor if you can do BTC/DFS you'll find PEV/PCR much easier (with the exception maybe if you do DFS or BTC related stuff at work).
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