DFS Theory

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:09AM in AAT student discussion
Does any 1 think its fair to assume that if you can draw up the p&ls balance sheets cashflow etc and calculate the ratios then there is a good chance of passing without knowing the small frs/ssap questions, but just trying to waffle?

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS Theory

    It may help to know FRS3 and a bit about about fixed assets or post balance sheet events. <BR><BR>You can waffle to a certain extent but if you name the wrong FRS! That could be a problem.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS Theory

    You should know a large section of the theory already if you are able to complete the P&L, B/S and cashflow. So even if you cannot give the exact name and number of the FRS/SSAP then you should still be able to gain a fair amount of the marks by expressing what the standard relating to the question is about. Or at least that is my theory on the matter any how, I am by no means an expert on these things!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS Theory

    Having sat PEV on Monday, I wouldn't take any chances!<BR><BR>We've been told not to worry too much about notes to the accounts & SSAP's but like I say Monday's paper was like no other previous paper so I think at this stage it is hard to advise.<BR><BR>Sorry!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS Theory

    good call eddy, but its a bit late now! Im just gonna go with the view of completing all the calc, trying to waffle the written questions and NOT mention any FRS or SSAp if I aint sure!

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