Geek

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:24AM in AAT student discussion
Hi all!

Don't want to sound to much of a geek but does anyone have any suugestions as to what i could (please note could not neccessarily will be doing!!!!) be doing over the summer to get ahead for the intermediate level? i'm starting it in september and don't want to struggle like i did at some points during foundation?

Cheers
Ang
:lol:

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Geek

    Hi Ang.

    You could go over your foundation stuff - make sure it's fresh in your mind. Other than that, just relax and enjoy your summer.

    Scott :-)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Geek

    If you have already got the textbooks, then there is no harm having a read through.... or just sit and put your feet up :D

    Claudia
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Geek


    Dear Geek

    I would start with past exam papers. When revising a subject I always look at

    1) Past exam papers.

    2) More past exam papers.

    3) A scant through textbook, and then more past exam papers.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Geek

    First part of Intermediate re-covers basics, so it wouldn't do any harm to look at control accounts etc.

    The multi-choice questions on the Osborne books site (www.osbornebooks.co.uk) is a different way of testing your knowledge.

    But the best advice is to take a break. I finished Intermediate last December and jumped straight into Technician. I really wish I'd switched off for a while. 8)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Geek

    I'd agree with the other posters that the best thing you can do is make sure you revise the last part of Foundation. Having a good understanding of double entry, the trial balance and journals will give you a head start for Intermediate. No point doing that until a few weeks before you start tho.

    I'm starting Technician in Sept and got the Osborne book for DFS - I've had a read through but I know if I start working on it now I'll have forgotten it all by the time I start at college. Anyway I got the Unit 10 project to be getting on with :?

    Chris
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Geek

    thanks everyone for the advice. will definetly need to go over journals as i struggled to get them straight in my head!!

    Chris,
    what is the project for unit 10? is this something i need to start thinking about?

    Geek
    :roll:

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Geek

    Not for another year at least Ang, it's Technician level.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Geek

    Don't scare me like that!!!!!

    Ang
    X
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Geek

    Ang,
    My personal recommendation would be to get a copy of "Business Accounting Volume 1" by Frank Wood and Alan Sangster in addition to your regular AAT-specific books. You should be able to find it in your town/college library- I actually borrowed it so much (and found it so useful) I ended up convincing my employer to buy a copy!

    http://www.pearsoned.co.uk/Bookshop/detail.asp?item=100000000041654

    A word of warning- it's a very large book. However, it covers a lot of material and is far less intimidating once you start working with it. It is most useful for unit 5, but has its applications elsewhere. These recommendations come from the 10th edition...

    The entirety of part one (the first six chapters) are good for bridging the gap between Foundation and Intermediate, chapter three 'the Asset of Stock' being useful for unit 5.

    Parts two (chapters seven through ten) and four (chapters 22- 33) cover most of the Unit 5 material. Chapter 29 'the valuation of stock' also comes up in unit 6: the first exam question has always been on stock valuation.

    Chapter 19: Value Added Tax is worth a look for unit 7: preparing reports and returns.

    Chapter 34: Intro to accounting ratios comes up in unit 7.

    Chapter 37: Manufacturing accounts. In my opinion the most challenging part of the Intermediate, but this was extremely valuable preparing for the unit 6 exam.

    Chapter 41: Partnership accounts. Unit 5. Simple once you get used to the idea.

    Chapter 42: Goodwill. Unit 5 again.

    Having said all that, I do take a very belt-and-braces approach to studying. Certainly I would advise reading ahead, but you don't have to do more than scanning the chapter the night before the class if you don't want. The important thing is not to panic. The sheer volume of material in unit five can appear overwhelming if you are sitting the exam in December. If you can get used to the formats of simple Profit & Loss accounts and Balance Sheets and the concepts of Depreciation and Accruals and Prepayments early, it will be a lot easier.

    Good luck for next year

    Graham

    (who doesn't work for Pearson Education, and isn't related to the authors, in case you were wondering!)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Geek

    Hi Graham,

    thank you for all your advice and guidance. have bought the book on the internet this morning. your notes will be a great help to get me started!!

    U R A STAR!!!!

    Ang
    x

    p.s. hope you work on commission!! LOL! :lol:

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