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remembering formulas

anniebabeanniebabe Experienced MentorRegistered Posts: 595
in AAT Level 3 (Level 6 in Scotland)
Does anyone else have any problems with remembering all the formulas in Unit 6, breakeven, profit volume ratio, margin of safety - the list goes on, and the exam is in 6 weeks, havent even looked at limited factors yet!!!
Any suggestions to remembering them all.
Also - does anyone know if we need to learn the layout of the manufacturing account. proft and loss etc like for FRA. does it crop up in the simulation and exam?
Really struggling with this unit.

Comments

  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    Get a marker pen. Write each formula on a piece of A5 paper. Get some blu tack. Stick the formulae on a wall you see a lot.

    There is something about seeing them regularly and repeatedly that helps them sink in better. Don't try and memorise them every time you look at them (but by all means do it sometimes) but just notice them a lot. Worked for me, both for GCSE physics and AAT exams!
  • anniebabeanniebabe Experienced Mentor Registered Posts: 595
    will try it - thanks.
  • donnas1977donnas1977 Well-Known Registered Posts: 182
    i have started a sheet that every time a formula pops up in notes, I write it on this so i can have them to hand to keep looking at. cant say its working very well so far :(
  • anniebabeanniebabe Experienced Mentor Registered Posts: 595
    i am struggling to - 6 weeks isnt long enough - unless the penny drops soon.
  • anniebabeanniebabe Experienced Mentor Registered Posts: 595
    hmmmm at the verge of giving up now. sooo depressing.
  • Lou1234Lou1234 Well-Known Registered Posts: 210
    I put them on little index cards and carried them around with me! I put the forumla on one side and what it was for on the other side. Then I could test myself when sitting on the tube or whenever I felt like it!

    These are the cards I got as they are really small to carry around and on a keyring:

    http://www.ryman.co.uk/1303040125/Krammers-Blank-Study-Cards-on-Keyring-Pack-of-2/Product
  • anniebabeanniebabe Experienced Mentor Registered Posts: 595
    thank you for the advise.
  • donnas1977donnas1977 Well-Known Registered Posts: 182
    oh thats a good idea, think i might invest in them and give that a try
  • blobbyhblobbyh Font Of All Knowledge Registered Posts: 2,415
    Same as Monsoon. I typed them all in a giant size font onto several sheets of A4 and stuck them all over the place. Walls - both work and home - , in the toilet, on the ceiling for when I first woke up!!! Then when you get into the exam, make sure they're the first things you write down.

    Some things you just have to do the hard way and you can only learn by continually doing them, learning the layout and why (i.e. P&L and balance sheet - or whatever they're called these days!).
  • Andy BlythAndy Blyth Feels At Home Registered Posts: 48
    I find the best thing to do is to list out all the formulae you need to know on a piece of paper, give it to someone else and get them to ask you them.

    You'll get stuck on quite a few at first, but keep going and going at it, and you'll soon find you can reel them off like nobody's business.

    If you've got someone willing to ask you the formulae, its a really good way to learn.

    There's looking over and over them and thinking you know them, but actually recalling them when you don't have your piece of paper to help you soon identifies the ones you need to do more work on.
  • taskeytaskey Font Of All Knowledge Registered Posts: 1,800
    i recorded myself saying them and then put it on my ipod - used it at night and voila!! well it did work for me, i also wrote them down and abbreviated them so cost of sales would become COS, i would then ask my kids to test me on them, over and over, just like i test them on times tables etc.

    also as soon as you get into the exam, write them all down, you do have 15 minutes reading and it is recommended you use it for reading, but for a minute just write all what you can down, when you come to the question later on, you will have them wrote down already.

    worked for me - hope they work for you

    Tracy
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