DFS question please...
System
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Hi, I am wondering if you are required to memorise the layouts for the consolidated balance sheets, cash flow statements etc for the DFS exam, or will the layout be provided for you? Hope that makes sense.
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DFS question please...
Proformas are included in the exam paper0 -
DFS question please...
That's the word I was looking for - proforma!<BR><BR>Thanks.0 -
DFS question please...
Is this specific to DFS? Our costing tutor warned us that at technician level proformas will not be supplied so we should get used to planning how to lay answers out. He said the first thing we would notice is the size of the exam paper which is only about four pages long as opposed to intermediate containing proformas which was more like a booklet.0 -
DFS question please...
I think it is specific to DFS. I think it would only be fair to include proformas for this exam as there is so much to learn. You could not possibly be expected to remember the exact wording for everything.0 -
DFS question please...
As the Technician Level papers are on the new standards only now, I would advise you to telephone student services and ask them. If the proformas are included all well and good but if they say they are not, then I'm afraid you will have to remember the format for each proforma.<BR><BR>Andrew0 -
DFS question please...
I passed my exam this June and there were proformas0 -
DFS question please...
<BR>YOu will be supplied with all the proformas such as Cons Balance sheet etc...but what my teacher at FTC has said you must know how to get Net cash flow from operating activiites if its not given to you already and it goes like this:<BR><BR>Operating proft x<BR>Depreciation (x)<BR>Profit of sale of FA x<BR>Increase/decrease stock x<BR> debtors x<BR> cash x<BR>NCIFOA x<BR><BR>Learn the above back to front inside out.<BR><BR>0