Rawhide PLC Professional Synoptic, any tips on securing a pass?!

Good evening all,

I have the Professional Synoptic exam on Monday. I am feeling completely overwhelmed m, the hardest unit yet. I have passed all my other AAT exams first time however I am already walking into this exam feeling like it could me a resit!

Any tips on securing the extra marks on the written Tasks?
carrie3105

Best Answer

Answers

  • RelaRela Posts: 5AAT Student, AATQB
    Evening , I’m having synoptic on Thursday🙈could you please send me slides too ☺️🤓
    Thanks!
  • francescasade12francescasade12 Posts: 14Registered
    Thank you @soflynads much appreciated :)
  • AATstudAATstud LiverpoolPosts: 39Registered
    edited February 2019
    Hi, I will really appreciate if @soflynads send me the slides. I am resitting on Thursday.
  • VS1VS1 Posts: 71Registered
    I have exam on Thursday as well. Can you please send me the slide too. Any help would be appreciated. Thanks.
  • soflynadssoflynads Posts: 7Registered
    Please see attached slides. @AATstud @Rela
  • NorvydasNorvydas DevonPosts: 265MAAT
    Guys, use search function, search through forum there has been a lot of threads like this and people have given excellent tips on how to pass the exam & how to approach the exam!
    Kind Regards,

    Norvydas Valavicius.
  • nicole_cassar_27nicole_cassar_27 Posts: 1Registered
    @soflynads Can I please have the slides too? Would be greatly appreciated!
  • Dorota_1680Dorota_1680 Posts: 59Registered
    @soflynads can i please have the slides too? I’m resitting this exam on Wed :( thanks
  • Dorota_1680Dorota_1680 Posts: 59Registered
    @francescasade12 how did your exam go? I’m having a resit on Wed. What sort of questions shall i still revise for this exam to be able to pass?
  • Marshy77Marshy77 Posts: 34Registered
    @soflynads please could I have the slides too.
  • RamintaRaminta Posts: 8AAT Student, AATQB
    @soflynads Could yoy please send me slides as well. Many thanks in advance.
  • Kim123Kim123 Posts: 2AAT Student, AATQB
    @soflynads Could you please send me the slides as well. It would be much appreciated.
  • soflynadssoflynads Posts: 7Registered
    Please find slides attached.
  • RamintaRaminta Posts: 8AAT Student, AATQB
    Does anyone has extra learning material on CBA that could share with me? First intuition books do not provide much info about it.
  • VmazzoVmazzo Posts: 9Registered
    What structure are we to use in task 3, where we have to identify the weakness and comment on how this can effect the company. Is this the question where they require you to use spam soap? I’m not too where I’m going wrong with this one!
  • VS1VS1 Posts: 71Registered
    @Vmazzo - Yes that's correct, you use SPAM, SOAP also don't forget the Payable/Sales/Payroll questionnaire (e.g is order form in sequential prenumbered form, 2 signature from list of approved signatory for Bacs payment, credit checks on new customers). Also keep an eye out for the wording of the question, if they ask you what effect does it have on certain aspects of the business then you need to link it to that, generic effects on the business won't help you get the marks,
  • ZedeldesireZedeldesire Posts: 13Registered
    Hi @soflynads could you please send me slide?

    Many thanks,
  • sehrishsehrish Posts: 8Registered
    If any one been through the pre release material for AAt level 4 synoptic ?? Can someone help me to find strengths and weaknesses in Rawhide PLC??
  • NickCraggsNickCraggs Posts: 60Registered, Tutor
    I am running a free facebook live session on this on Friday, on our Facebook page

    https://www.facebook.com/firstintuitionaat/

    Nick Craggs FMAAT AATQB ACA, AAT Branch Member and Distance Learning Director at First Intuition

    firstintuition.co.uk/
    amurray
  • RamintaRaminta Posts: 8AAT Student, AATQB
    I really didn't expect to pass and thought that my answers were quite generic and I was repeating myself. I managed to get 81%, god knows how. I was concentrating heavily on released material and at the exam I panicked as none of the scenarios that I was preparing myself too came up. Task 2 had a similar layout to the examples, it's important to know the main things that you need to look for, calculate and explain your assumptions. Task 3 I found weirdly worded and felt that I was repeating myself non stop, but maybe that was the trick. As long as you know the main weaknesses in different departments you will be fine. Just look for them. Task 4 - relevant and non relevant costs were very important. Calculations need to be right in order to have a valid discussion and explanation. Task 5 - no surprises. Task 6 - I got CBA question, which I read about lots before, but the scenario was confusing and I couldn't really understand all of it. I think they mark you well if you justify your explanation well enough as there might be few right answers, so it's all about how you are going to prove that your answer is legitimate.
    I am all done now and can't wait to get my life back!
    Good luck to everyone! :)
    chloewain_
  • Dorota_1680Dorota_1680 Posts: 59Registered
    @Raminta - RE. Task 2 that you have mentioned I just didn't find it to be in a similar layout to practice tests from Osbourne, BPP, Kaplan which I revised before the exams. What sort of calculation is needed for this task?
  • StaceydanielsxStaceydanielsx Posts: 40Registered
    Hi @Raminta well done! Must be the biggest relief everrrr!
    Thank you for the advise.
    Can I ask, what do you mean by relevant & non relevant costs. I haven't come across this yet. Thank you
  • RamintaRaminta Posts: 8AAT Student, AATQB
    @Dorota_1680 I used First Intuition books for preparation. I needed to go through fixed budget and explain why it doesn't work in uncertain times, flex the budget by showing calculations and explain why this is more relevant. Have a look at differences between fixed and flexed budget
  • Dorota_1680Dorota_1680 Posts: 59Registered
  • RamintaRaminta Posts: 8AAT Student, AATQB
    @Staceydanielsx they could ask you something like - what costs would be included to build a new machine. You would need to know which costs would be relevant to build a machine and which ones are not. Irrelevant costs are costs that are not affected by the decision to build a machine. for instance sunk cost (existing premises) and fixed overheads (rent of premises). Relevant costs include differential, avoidable (hiring a new employee to build a machine), and opportunity costs. Hope that makes sense.
    Staceydanielsx
  • StaceydanielsxStaceydanielsx Posts: 40Registered
    Thank you @Raminta this is really helpful
  • NickCraggsNickCraggs Posts: 60Registered, Tutor
    These are my tips as to how to pass this exam:

    Nick Craggs FMAAT AATQB ACA, AAT Branch Member and Distance Learning Director at First Intuition

    firstintuition.co.uk/
    Staceydanielsx
  • Dorota_1680Dorota_1680 Posts: 59Registered
    edited May 2019
    Hi all! I just had my synoptic exam for a 3rd time and for the first time i had cost benefit analysis which i didn't come across in practice papers at all. Can you assist where to get some help on this question?
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