to coggy ( and sara at seaside)

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
hi coggy<BR>how did it go today??<BR>have now got a life back :-) well, when i find it under the heaps of paperwork etc and all the housework and accounts that have piled up around me, didnt notice so busy with my head down, now i have to look up. oh crikey...... oh well, when i hit the vodka it wont look as bad :-)<BR><BR>sara.............. how did you get on today????<BR><BR>karen

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    to coggy ( and sara at seaside)

    UGGGGGGGGGGGGGGGGHHHHHHHHHHHHHHHHHHHHHH!<BR><BR>Still writing as Angela said to stop at 12.45. Only consolation that E and G were still there too!<BR><BR>Got into a real mess with things I really did know cos by then I think I was brain dead; however both Cash Flow and Balance Sheet did balance - so not all bad! Think I will definitely be resitting this one.<BR><BR>How about you.<BR><BR>Sara
  • System
    System Posts: 100,534 🤖 Admin 🤖
    to coggy ( and sara at seaside)

    hi sara<BR>look at the time? i am still in exam mode, been awake off and on since half four so decided i may as well get up, sick of closing my eyes every five mins, also have a splitting headache, guess its the nerves settling down.<BR>i looked at the paper and felt like walking out and thought no, just tackle it one at a time, the bal sheet bal first time, did it in pencil and couldnt believe it, that gave me a little more confidence. i KNEW that those statement things would come up cos they hadnt been in the last four yrs papers, but altho i tried to look up in the books and thru our notes i couldnt find any actual practices to try to put figures to, so just hoped i would be ok. so struggled on the strgl, altho had a good go, the s/h funds, well, did all kinds diff workings and then gave up, even went back to it but nope no good. cash flow, fine, goodwill fine, associate, heh, well i remembered frs 9 so put that in but couldnt think of definition, knew it was 20 - 50% but have read book since and realised what should have put! three out of the four ratios were ones i struggled remembering, had looked at in car before and wrote them down as soon as opened paper so hopefully did ok. <BR>left feeling had failed but reading the forum i struggled on the bits others did so perhaps the pass rate will reflect this? i know g was struggling, heard the sighs!! e not sure, text me and had a bad cold which didnt help. the frs 12 provisions thingy, not sure if got my things right on them either.<BR>all those ssaps and frs going round my head, ssap 19 investment properties, ssap 20 foreign currency arrrggggggggghhhhhhhhhhhhh want to forget them now!!!<BR><BR>roll on august?????<BR>off to work today with no books to read? have to get a magazine :-))
  • System
    System Posts: 100,534 🤖 Admin 🤖
    to coggy ( and sara at seaside)

    Hi Tigercat<BR>Sorry I took a while to reply, (but the red wine has worn off now, so where were we?)<BR>I think the paper went well enough. I made some mistakes, but don't we all. I didn't even SEE the question about allowable what-evers. I checked in my textbook notes & our teacher said they only need two figures and an answer - so hopefully there won't be many marks for that (+ it sounds like a lot of people struggled with it anyway, so I feel better - at least I didn't miss an easy one)<BR>My balance sheet did! (balanced ay £48,887 which seems favourite on the forum) and so did the cash flow statement. I waffled a lot & I think the formulas went ok for the ratios too. I managed to get in that earnings per share are a useful indication to the shareholders, because return on capital employed includes loans, etc. I hope that's right?<BR>I got the goodwill arising at £2000 and amortised £200 to give £1,800 to go to the balance sheet as an intangible asset.<BR>Can't remember any other stuff.<BR>I went back to the balance sheet because it wouldn't balance at first. I got it, with 11 minutes left! I nearly jumped up and screamed YAHOO!!!!!!!!!<BR><BR>Have you got personal tax on Friday? Sounds like you've completely finished? <BR><BR>Keep in touch & good luck with the results in August<BR><BR>Glenn<BR><BR>ps I'm at the seaside too (Scarborough)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    to coggy ( and sara at seaside)

    Forgot to subscribe to this thread, so I'm adding this so I can subscribe (there must be an easier way?)<BR><BR>Cya
  • System
    System Posts: 100,534 🤖 Admin 🤖
    to coggy ( and sara at seaside)

    Can't believe I did that & still forgot to tick subscribe! My head really has gone!<BR><BR>Try again<BR><BR>x
  • System
    System Posts: 100,534 🤖 Admin 🤖
    to coggy ( and sara at seaside)

    you dont have to repost you could just click the subscribe button on anybodys post at the left side , if you hover over it it says subscribe to this thread, was just posting a message to you but email me ( email is in my profile, click on the glasses :-) ) and i will email back?<BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    to coggy ( and sara at seaside)

    nope the red wine not wore off at all :-)<BR>what question did you miss? the allowable??? fancy missing a question, although i do admit i messed up and did a q .2 on the next q no and had to scibble the number at the top out and put in the number i was actually answering.<BR>my bs balanced first time :-) sorry proud of that, first time it ever has, i knew how to do consol bs inside out so disaapointed that wasnt in, but my goodwill figure doesnt match yours i dont think? thought it was an oddball figure, cant remember maybe it was 2000.<BR>the investment of associate , well didnt have a clue so stuck the 5000000 in just in case that was right, nearly put it wouldnt be shown, oh well not to worry<BR>no not doing ptc fri, did mine in december, was ok i think, passed anyway.<BR><BR>just a memo to do and yep i done till august yippee!!!!!!!!!!!!

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