AccountancyStudents

The Morning Account

2012-02-07T12:27:53Z

Hello,

We’d like to introduce ourselves as we hope our product may be of some use to accountancy students and professionals alike.

We offer an early morning summary of the accountancy news every day - aimed specifically at accountants. To see an example of the summary which you’d receive by 8am each morning to keep you up to date with the morning’s tax and accounting news, please see the below link.

http://www.viewdocsonline.com/document/rx8a5u

If you’d like to join our latest three week trial of the service, please use the subscription link.
http://earlymorningmedia.co.uk/matrial.aspx

Kind regards,
The Morning Account

Excel course available today via Groupon only £16

2012-02-01T10:28:18Z

Hi,

had this from Groupon today, may be of interest to others:

http://www.groupon.co.uk/in/.MIjVbO?nlp

Its for a course in Excel:

Online Microsoft Excel Training Course and Test for £16 from Excel with Business (90% Off)

Highlights

* Partners with AAT and ICAEW
* Excel training course provider for individuals and businesses

The Deal

* Course consists of 32 business focused units from the syllabus
* Covers main versions of Excel
* Taught through text-based articles, practice spread sheets, and video tutorials
* Dedicated email support
* 30 minute test consisting of multiple-choice questions
* Pre and post training tests for tracking of personal progress
* Certificate on completion

Hope others find this of use.

What a Successful Accountant Need??????

2012-01-20T14:03:58Z

What a Successful Accountant Need??????

Should I make career change from Teaching to ACA/ACCA

2012-01-12T10:54:04Z

Hi. I have gone through numerous debate forums to decide ACA over ACCA and visa versa, but still confused. I acknowledge that ACA might have an edge over ACCA, but a few aspects like getting a training agreement is a big worry for me. I am 40 years old and a part-time lecturer in Marketing and Business studies. I teach a few papers of ACCA as wel. But realistically, will it be worth trying for ACA especially with my age (since companies might not even look at my credentials for the training agreement), and for the same age factor, is it worth even trying ACCA? Please be honest in your openion and suggestions. I have always accepted and appreciated constructive thaughts even if they are critical of me or of my judgement. Thanks.

Congrats Steve!

2011-12-03T21:20:21Z

Congrats Steve on your recent award.

Very deserved, hope you enjoyed the evening.

F2 Pilot paper Q37- Need Help!!

2011-12-01T22:36:08Z

Hi Guys,

I’m doing the pilot paper for acca f2 and need some clarification on q37. The question is as follows:

A company manufactures and sells a single product. In two consecutive months the following levels of production and sales (in units) occurred:

Month 1 Month 2
Sales 3,800 4,400
Production 3,900 4,200

The opening inventory for Month 1 was 400 units. Profits or losses have been calculated for each month using both absorption and marginal costing principles.

Which of the following combination of profits and losses for the two months is consistent with the above data?

Absorption Costing profit/loss Marginal Costing profit/loss
Month 1 Month2 Month 1 Month 2

A) 200 4400 (400) 3200
B) (400) 4400 200 3200
C) 200 3200 (400) 4400
D) (400) 3200 200 4400

Would really appreciate your assistance, thank you!

Free facebook courses for ACCA, CIMA and FIA

2011-11-24T15:03:13Z

free online acca, cima and fia courses on facebook. hope they help anyone that’s studying these qualifications

http://www.facebook.com/theexpgroup

includes videos, notes, etc

Help Academic Research

2011-11-19T06:08:31Z

assuming 2 companies are about 2 merge into new one Named U.S company
the first is new york company and it’s net assets = 1650000 - 450000 = 1200000
the second is Washington company and it’s net assets = 1150000 - 250000 = 900000
Then , The new U.s company released 37000 of shares , share value = 60
and the cost of combination is 100000 ( 40000 direct , 60000 indirect )
Now , I have to determine which one is the combiner and which one is the combine e
The book is telling , the company owns more shares is the combiner
and the company owns less shares is the combine e
my professor said i have to use this equation to determine the number of shares for each company = fair value of net assets + goodwill / share value (1)
And here’s the problem , i can calculate the full goodwill for the 2 companies as following
the value of released shares = 60*37000 = 2220000
-
fair value of net assets for the two companies = 1200000 + 900000 = 2100000

full goodwill = 2220000-2100000 = 120000

the problem is that i can’t determine the goodwill for each company
the book saying , it’s 90000 for new york company and 30000 for Washington company
but i don’t know how ?
calculating the amount of shares for each company as following

by using equation (1)
new york company = 1200000+90000 /60 = 21500 and it’s the combiner company
Washington company = 900000+30000 /60 =15500 and it’s the combine e company
can someone help me find how the goodwill for each company is calculated ?

sorry for my English if it’s bad , and sorry for much talking i did

thanks

Ombudsman needed

2011-11-16T20:33:23Z

Hi I hope this is an ok place to post this, I need a reccomendation for an Independent Ombudsman to sort out a dispute that has been going on with a Distance Learning tuition provider.

Are there any that specialise in Home Study disputes, my main case is related for non compliance with ‘Consumer Protection (Distance Selling) Regulations 2000’

need help due in days

2011-11-15T06:06:07Z

I have this assignment due in 2 days. Can anyone help me??????