Tips on Written Q's

Hello,

My exam next week.. does anyone have any tips on the written questions for the ratios and IAS's?

TIA

Comments

  • dumutrobadumutroba AAT Student, AATQB Posts: 184
    edited November 2018
    For IAS
    Know the basic points in each standard
    Read the questions carefully
    Be specific, include calculations where you can
    For example include the name of the business where you can, if they manufacture soap, called soap, not items, etc
    For ratios
    Learn by heart at least 2 of the criteria
    The mention of whether the ratio is better or worse gives you 1 mark, so always start with that
    Don't waste time writing more than necessary, you can achieve only 5 marks per ratio, the one I mentioned above and 2 for each correct explanation given. Writing more on one ratio won't compensate for lack in other
    Be able to explain the working capital cycle
    Don't explain the formula
    AAT Level 2. 2018
    AAT Level 3. 2018
    AAT Level 4.
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