PEV - 2nd Section

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:09AM in AAT student discussion
What is the main view of what will be assessed in this section of the paper on monday??? Obviously i am guessing that ratio's will apply but what else???

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    PEV - 2nd Section

    Spreadsheet stuff appears to be fashionable at the moment. I do all of this on autopilot (invariably using the Lotus 123 keyboard-based method, which I prefer) so I am going to have to think very hard about translating it into Excel type wording. Bill Gates just pops up everywhere!<BR><BR><BR>I'll be so hacked off to lose points on this, because I am skilled in spreadsheets (I have a certificate in advanced Excel [practical]). Not everybody uses standard Excel formulae in preparing spreadsheets (e.g., I never use 'SUM')<BR><BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PEV - 2nd Section

    Poohbear do you use the Osborne textbooks?<BR><BR>If so are these topics covered in here and if so do you know where?<BR><BR>Thanks
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PEV - 2nd Section

    No, I have BPP and Foulks & Lynch's one - but I shouldn't worry too much because it looks quite basic, but marks are marks, and it would be a shame to lose some just because one does a spreadsheet a different way.<BR><BR>Any figure given in the exam can be set out like an equation, so if you are given, say, the variance, adverse or favourable, you just work back accordingly, inserting figures given in the question and deducing the missing one.<BR><BR>I think with Section 2, it's more important to be able to analyse and extrapolate relevant info from the ratios. You just need to be expansive. Did a similar topic in DFS in Dec and found it helped to lay out a draft skeleton of what one is going to write in the 'memo' with a 'note to self' to have (1) an introduction (2) your findings and calculations (3) a table (4) conclusions and (5) *to make a recommendation to the addressee*. I jotted down a reminder to self to 'be expansive', and it really helped becuase by that stage I was tired out and would have been to weary to care about these finer points if I had just launched into it after and arduous previous sections.<BR><BR>Under stress, it is easy to overlook proper format (e.g., when asked to write a memo, email, report or letter) but these are easy marks, so it pays to insert proper headings and a polite closure, even if it seems superfluous or unecessarily time-consuming.<BR><BR>Just my 2p worth (VAT inclusive)

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