Tips on Written Q's
bethany_ford
Registered Posts: 22
Hello,
My exam next week.. does anyone have any tips on the written questions for the ratios and IAS's?
TIA
My exam next week.. does anyone have any tips on the written questions for the ratios and IAS's?
TIA
0
Comments
-
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 formulaAAT Level 2. 2018 Distinction
AAT Level 3. 2018 Distinction
AAT Level 4. 2019 FSLC 100% MABU 93% MADC 82% PDSY 80%
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