Financial Statements

rebecca2
rebecca2 Registered Posts: 49 Regular contributor ⭐
in AAT Level 4 (Level 8 in Scotland)
Hello,

I'm new to the forum and have just started learning Level 4 through the new AAT standards. Has anybody taken a CBE yet for the new standards for Financial Statements? How did everybody else find the old paper exams, anything in particular that always comes up?

I think it's going to take a rather large miracle for me to pass this unit first time!! :-(

Rebecca.
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Comments

  • beavis182
    beavis182 Registered Posts: 130 Dedicated contributor 🦉
    have you done the online assessments/simulations yet? Not done the CBE yet and i assume there is no deadline for these, we can just book them up when we feel ready to do them?
  • rebecca2
    rebecca2 Registered Posts: 49 Regular contributor ⭐
    I have done the first two assignments, just in the middle of the third trying to get my head around the consolidations. Have you done any of the assignments? I'm with Premier Training and my CBE exam on my deadline is pencilled in for middle December although I would prefer to take this earlier as long as I think I'm properly prepared etc.
  • Becky V
    Becky V Registered Posts: 374 Dedicated contributor 🦉
    Hi Rebecca, just wanted to say i am going to start financial statements this week. How did you find it?
  • rebecca2
    rebecca2 Registered Posts: 49 Regular contributor ⭐
    Hi Becky, I haven't actually finished Financial Statements yet I am just in the middle of it. It is a lot to take in and I think there are many areas where you can 'trip up' so to speak. I'm just trying to understand everything and get through it. Good luck with your studying!
  • jewels.p
    jewels.p Registered Posts: 1,774 Beyond epic contributor 🧙‍♂️
    I did Financial Statements in June (I am old-fashioned as I did paper based) so cant comment on the CBE's. I quite liked DFS in the end towards exam time and more so when I passed! :laugh:

    I am sitting MAC and BTC in Nov (paper based) and am finding MAC more difficult than DFS but I think most people say that.
  • Becky V
    Becky V Registered Posts: 374 Dedicated contributor 🦉
    rebecca2 wrote: »
    Hi Becky, I haven't actually finished Financial Statements yet I am just in the middle of it. It is a lot to take in and I think there are many areas where you can 'trip up' so to speak. I'm just trying to understand everything and get through it. Good luck with your studying!

    Thanks for the warning. I may be asking you for some help and advice when i have started! When are you doing your exam?
  • beavis182
    beavis182 Registered Posts: 130 Dedicated contributor 🦉
    its not toooo bad so far, just alot to get your head around.. Im up to chapter 7 so nearly ready to sit my second assignment. cashflow statements are making my head hurt! :-) Once the assignments are out the way ill try and do as many practise exams as possible but i hope do sit the exam by the end of November..

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