New Standards

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hi,<BR><BR>I attended college and did Intermediate 2 years ago which was old (2003) standards. I am resitiing my Recording & Evaluating Costs & Revenues exam in June and am panicking as I have forgot a lot and am concerned what the new standards will include. And any advice?<BR><BR>Can anyone advise if their is any major changes and what I should look out for?<BR><BR>Please help a fellow WORRIED, PANICKING student.<BR><BR>Many thanks!

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    New Standards

    Apart from different style of questions don't think there is an awful lot of change. Trying doing the past papers on the AAT website, just to get a feel for what they ask. There is a new examiner this year and I have heard there will be process costing and marginal costing possibly be the exam this year.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    New Standards

    Hi.<BR><BR>You can print off past papers & answers - 'Assessments', 'Past Papers'.<BR><BR>You can see what's in there, also you can print off guidance notes for each unit, under 'Exam Support', these tell you what can and what won't be tested.<BR><BR>Scott.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    New Standards

    Just a small point - You say you sat old (2003) standards<BR><BR>2003 standards are the NEW standards.<BR><BR>Amanda
  • System
    System Posts: 100,534 🤖 Admin 🤖
    New Standards

    Amanda has actually raised a big point. In December 2003 you could have sat either the old standards exam or the new. In June 2003 only the old standards exams were available. Was the paper that you sat RCI or ECR. RCI is old standards ECR new. RCI covered Direct costs, absorption costing and standard costing including variance analysis whereas ECR has dropped the standard costing but now includes marginal costing, breakeven analysis and discounted cash flow.<BR><BR>So danetownsend, if you care to contact me I can e-mail you my lecture notes for the newstandards ECR so that you can check that you have covered all relevant topics. <BR>E-mail me at graham.blott@northamptoncollege.ac.uk<BR><BR>Graham Blott

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