Mission impossible vi

gangstara Registered Posts: 27 Epic contributor 🐘
How does one pass task 1.4 of the financial statements exam? Thanks!


  • Jo Clark
    Jo Clark Registered Posts: 2,525 Beyond epic contributor 🧙‍♂️
    Hard work and lots of practice. Can you remind us what 1.4 is?
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
  • gangstara
    gangstara Registered Posts: 27 Epic contributor 🐘
    I have just learned that it focuses on IFRS, been thinking they make questions from every topic for the task.
    Short answers and multiple choice questions.
  • welshwizard
    welshwizard Registered Posts: 465 Dedicated contributor 🦉

    My advice would be to take a little time to read the CBT Feedback Performance Report which you should be able to find on the Study Support section of the website.

    This report has some excellent guidance (for both tutors and students). I make sure that my students have this as part of their unit introduction material so that they are clear how much work they will have to do. Not everything can be taught, at some point you have to do some reading - there are some excellent support materials out there - e.g. Steve Colling's IFRS for Dummies book comes at IFRS from a different angle; Deloitte has their own e-learning materials to help you understand IFRS/IAS and comprise teaching materials and application of knowledge to consolidate the learning. (take a look here: http://www.iasplus.com/en/tag-types/e-learning for the links to each IFRS/IAS).

    Good luck!
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