DFS - ACCOUNTING STANDARDS

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Has anyone come up with a way of remembering all of them? Any rhymes to help learn them?

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS - ACCOUNTING STANDARDS

    Oooh, if anyone does I will buy them a beer!<BR><BR>SOO much in this unit - definitely the biggest so far... I'm really struggling!<BR><BR>Claire
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS - ACCOUNTING STANDARDS

    Same here I cant remember them, and this is my second attempt at DFS!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS - ACCOUNTING STANDARDS

    Here's a few I use if it helps...........<BR><BR>FRS 18 - Accounting Policies = key policy thus remember 18 as key of the door<BR><BR>SSAP 19 - Investment Properties - remember IP with P other way way to give 19<BR><BR>SSAP 13 - R&D - try to remember something unlucky (I use my last job cos I did some R&D there and the job was pants so therefore v unlucky for me !)<BR><BR>SSAP (or is it FRS) 5 - VAT Remember 5 as being roman numeral for V<BR><BR>Thats all so far..............<BR><BR>:-)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS - ACCOUNTING STANDARDS

    <BR>FRS 10 - goodwill cos there are oooooooo in it!<BR><BR>FRS 15 - Fixed Asset cos they both begin with F<BR><BR><BR><BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS - ACCOUNTING STANDARDS

    I have learned them in groups of four and five and they have started to stick.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS - ACCOUNTING STANDARDS

    FRS 4 Capital Instruments - this will sound really silly but it works - think of the shape of your arms if you were playing a violin! ;-)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS - ACCOUNTING STANDARDS

    So where's my beer then ClaireS ?? ;-)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    DFS - ACCOUNTING STANDARDS

    You guys are good! Those are really useful - hadn't thought of it like that.<BR><BR>Nicky it will need to be a virtual e-beer....... unless you're in the South West!! :-)<BR><BR>Claire
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