AAT LEVEL 4 INAC HELP

Vidhi
Vidhi Registered Posts: 11 New contributor 🐸
Please can someone explain to me everyhting i need to know for the fraud tasks please as I am struggling so much. I am also self studying so this makes it even more diffcult for me. Please can somone help me out. I also need help with the ethical behaviours and sustainable behaviours. is there another behaviour i am missing out on?

Comments

  • shamilkaria
    shamilkaria Registered Posts: 169 Dedicated contributor 🦉
    Hi @Vidhi

    I am currently studying for this exam, yes I do admit it is difficult and alot to learn, Ive only just started too and what I try and do is summarise each chapter in a few pages making sure they are the key points. Have you tried to look on Youtube for guidance or even the AAT Website, tried the Green Light Tests to get a feel of the questions. Try to remember the Fraud Triangle - Motivation, Opportunity, Rationalisation. Google things like ethical behaviors and sustainable behaviours they will have a list of them then you can try to learn off that don't just memorise them but try to understand them then you can apply them around. If you are working think of issues that could go wrong in your workplace, things like credit controllers writing off debts because its their friend, or applying discounts on sales invoices because you know the customer. Or even dealing with suppliers they offer you free gifts for buying from them even if they are more expensive but because of private gifts you deal with them etc. Try to relate with a workplace.

    Hope this helps a bit, sorry if I was vague.

    Kind regards

    Shamil
  • shamilkaria
    shamilkaria Registered Posts: 169 Dedicated contributor 🦉
    Hi @Vidhi

    I hope you are well?

    Just thought I would ask when your exam is and how it's going with the practice questions?

    Kind regards

    Shamil
  • shamilkaria
    shamilkaria Registered Posts: 169 Dedicated contributor 🦉
    Hi @Vidhi

    I just wanted to also say sorry there isnt always a clear answer when I try and help. With these exams there really isn't a clear way of learning it all and remembering everything, it's just what you feel comfortable with and just practice the questions, each time you get it wrong try and see how they got the answer. I would just say read a chapter make notes then do some questions and just repeat. If you get the questions right then move forward, if not review the chapter again till you feel comfortable and then do the chapter test again and you will see your confidence grow.

    Kind regards

    Shamil
  • Vidhi
    Vidhi Registered Posts: 11 New contributor 🐸
    hi @shamilkaria its on 12th feb. im finding some of the questions easy and some of it really diffcult. Do you mind possibly explaning the internal controls and cost benefit analysis instead please.
  • shamilkaria
    shamilkaria Registered Posts: 169 Dedicated contributor 🦉
    Hi @Vidhi

    Ah okay still got a bit of time left. If I were you the questions you find easy I wouldn't do many of them now, I'd just focus on the harder ones and learn those that way they become a bit easier to understand. I've not yet reached to the cost benefit analysis yet however I'll check it over the next few days and see if I can provide something simpler.

    Kind regards

    Shamil
  • shamilkaria
    shamilkaria Registered Posts: 169 Dedicated contributor 🦉
    Hi @Vidhi

    With regards to Cost Benefit Analysis what are you struggling with? I am on that chapter now so maybe by end of week could assist.

    Kind regards

    Shamil
  • Vidhi
    Vidhi Registered Posts: 11 New contributor 🐸
    hi @shamilkaria its just the 6 non-financial factors and whether they should invest or not if thats ok with you please? and do you have a screenshot of a layout of the costbenfit workings out?
  • shamilkaria
    shamilkaria Registered Posts: 169 Dedicated contributor 🦉
    Hi @Vidhi

    Sorry for the late reply

    Thanks for letting me know I'll try and have a look into this and get back to you.

    So far I've reached on cost to benefit analysis based on Payback and starting on Net Present Value, Swot analysis and others. Are you all okay and understand Payback? Also I've dealt with Performance Indicators are you okay with those?

    Kind regards

    Shamil

    Shamil
  • Vidhi
    Vidhi Registered Posts: 11 New contributor 🐸
    i know abour npv and swot but not with others. I am so sorry
  • shamilkaria
    shamilkaria Registered Posts: 169 Dedicated contributor 🦉
    Hi @Vidhi

    No worries no need to say sorry it's all okay. I'm just going over the pages each day and I'm pretty sure I'll get to it soon then will see if I can explain it.

    Thanks for cooperating with me
  • shamilkaria
    shamilkaria Registered Posts: 169 Dedicated contributor 🦉
    Hi @Vidhi

    Sorry just been so busy last 2 weeks. With regards to Cost to Benefit analysis are you okay with Cost Estimation, Pestle (political/economical/social/technological/legal and environmental)

    Kind regards

    Shamil
  • Vidhi
    Vidhi Registered Posts: 11 New contributor 🐸
    yes i am :)
  • shamilkaria
    shamilkaria Registered Posts: 169 Dedicated contributor 🦉
    Hi @Vidhi

    Perfect thanks for confirming :)

    I am currently reading through the other topics lets see how they go. Is there anything in particular you are still struggling with? How is the practice questions and answers going?

    I think you are very smart and you will definately do well on this.

    Kind regards

    Shamil
  • Vidhi
    Vidhi Registered Posts: 11 New contributor 🐸
    Hi @shamilkaria

    Thank You, so much! Practice questions are going well. I still struggle with Swot analysis. The only parts here are how to identify each analysis please.

    Kind Regards
    Vidhi
  • shamilkaria
    shamilkaria Registered Posts: 169 Dedicated contributor 🦉
    Hi @Vidhi

    No worries no need to say thanks it's all good, I can just instantly tell you seem very intelligent. That's great the practice questions are going well I think you will pass this exam this month. With SWOT you remember strength weakness opportunities and threats. Bit difficult to explain on here unless I've seen question examples. I'll have a look at that when I can regarding how to identify each analysis.

    Kind regards

    Shamil
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