Anybody sitting the L4 Synoptic this month?
TarynPitchfork
NottinghamshirePosts: 31Registered
Just wondered if anyone else is taking their Professional Level Synoptic this month? If so, does anyone have any tips to pass? 
TarynPitchfork
NottinghamshirePosts: 31Registered
Comments
Best of luck for your exam x
The advice I saw said go Tasks 1+5 first as they are computer marked and can be learned effectively by book. For T1 be happy with ledgers and how they interact as well as ethics. T5 is ratios and interpreting them. Then do Task 3 as that's the find 5 weaknesses so tends to be straight forwards. Then Tasks 6 -4 - 2. Task 6 is likely either a SWOT or CBA based on the posts I've seen. Task 4 is likely to be a decision task and Task 2 budgeting.
I'd say another big element is to use the scrap paper and refer to the pre exam material. On your first read through of the larger questions jot anything useful on the scrap as bullet points e.g Joe Bloggs Recieves and pays invoices for the company which for Task 3 could be used as a seperation weakness. or no one checks credit limits before allowing sales.
> I recently passed the synoptic. I'd recommend not doing the questions in the order given but instead do them in the order you generally find easier.
>
> The advice I saw said go Tasks 1+5 first as they are computer marked and can be learned effectively by book. For T1 be happy with ledgers and how they interact as well as ethics. T5 is ratios and interpreting them. Then do Task 3 as that's the find 5 weaknesses so tends to be straight forwards. Then Tasks 6 -4 - 2. Task 6 is likely either a SWOT or CBA based on the posts I've seen. Task 4 is likely to be a decision task and Task 2 budgeting.
>
> I'd say another big element is to use the scrap paper and refer to the pre exam material. On your first read through of the larger questions jot anything useful on the scrap as bullet points e.g Joe Bloggs Recieves and pays invoices for the company which for Task 3 could be used as a seperation weakness. or no one checks credit limits before allowing sales.
Hi . What was the task 2 and 4 look like in ur exam ?
> @amankahlon a contribution must not disclose any material from live assessments, AAT-produced or otherwise.
I m sorry my meant to asked about task was r they look a like in aat sample assessments ?
If I understand correctly, if you purchased the Kaplan & BPP book last summer then these books would not be based on Ruby Dale Ltd due to Ruby Dale coming into effect as of September 2019.
@Desi You might not be able to practice with Ruby Dale directly but the skills from the other practices should help. Go through the questions you have and instead of focusing on the answer look at what types of things are asked and apply it to the Ruby Dale material where possible (you can get some silly answers like this but it'll help you become familiar with Ruby Dale.) I got an awful lot of information about the exam by looking at what questions were being asked on the practices.
Compare costs against all the benefits of the proposed system.
Costs are split into 2 different types as tangible and intangible.
Tangible costs are things such:
Cost of new system
Cost of installation of new system
Cost of staff training on the new system
Subscriptions/renewals annual costs of new system.
Intangible costs :
Cost of staff not doing work due to staff tra8.
Cost of time spent training staff on new system
Cost of staff making mistakes due to getting to grips with new system.
Tangible benefits:
Increased revenue/profit
Less errors/mistakes
Intangible benefits :
Improved customer service
Improved customer satisfaction
Improved staff satisfaction.
In the end we have to see if proposed costs outweigh the proposed benefits. Or the proposed benefits outweigh the proposed costs.Also give examples to support your answer
Thank you in advance.