[captmario]

Thank you so much trephena, apparently my friend has no idea what he was talking about. Sorry about that. Throughout the project you have been a great help. resolved alot of my problems and i am thankful for that 🙂

[captmario]

Hello,
I have created an Excel workbook having all 6 Appendixes.
Apx 1 : SOCI of Company
Apx 2 : SOFP of Company
Apx 3 : Ratio calculation with formulas listed, linked to Apx 1 and 2
Apx 4 : SOCI of Competitor
Apx 5 : SOFP of Competitor
Apx 6 : Ratio calculation with formulas listed, linked to Apx 4 and 5

Is it fine this way?
A friend of mine said that you should not Put financial statements under an appendix.
and when you are submitting your RAP online, they require you to upload every appendix separately?
Now if i separate these appendixes then all my linked formulas will stop working..

Please suggest what should i do? or if it is fine the way i did it?

[captmario]

Hello, Since i prepared my PowerPoint slides i used company’s logo picture taken off their website and one from another source in introductory slide just to make it look better.

I want to know do i have to reference it as well somehow? Since basically their may be copyrights involved however i doubt that..
Just asking should i use the Logo or not?

and please hurry with the reply someone i am soon to submit 🙂 waiting

[captmario]

10 * 1024, somewhere close to 10000 Kb

and yes 10000 kb is the limit inclusive of all files but normally you can’t really exceed this limit

[captmario]

Yes you should. try to reduce the word count by using abbreviations ( don’t overdo it ).
Or try to just convert your tables ( if any prepared using word ) to excel.

Exceeding 7500 word count won’t necessarily result in a failure however according to INFO pack they will stop reading your RAP after 7500 words.

I would suggest you to reduce your word count to 7500 by rephrasing your ratios maybe

[captmario]

Everything is included in word count, you should just remove the acknowledgement

[captmario]

@isookvi. Thank you, thats a little relief for me

However i will await a few more replies just to be sure.
Just to add something to this discussion.
Assuming gearing ratio for FY is as follows

FY2011: 10%
FY2012: 15%
FY2013: 20%
FY2014: 25%

when discussing overall trend do we state that Gearing ratio deteriorated from 10% to 25% over three years or 15% to 25%?

[captmario]

The 7,500 word limit includes everything from the start of the title page, the table of
contents, to the end of the conclusions; it does not however include the List of
References and the Appendices.

Apparently it does count in total word count, you should read Info pack again xD

[captmario]

as per OBU info pack

“The word limit includes everything from the start of the title page to the end of the
conclusion It is important to note that words included in tables, graphs and pictures
within the body of the report are included in the word count, appendices including
financial statements and the list of references are not included in the word count.
Your Title Page should include your full registered name and ACCA number.”

Apparently i made contents page right after title page to make it easier for marker.. where does it say that table of contents is not counted in total word count? please refer

[captmario]

Hello there,
I want to ask if it is compulsory to make a contents page to make it easier for marker to find stuff?
Because contents page adds nearly 200 words whereas i am already a little above limit and trying to reduce word count.

Also there is a way to make contents page using SmartArt in Microsoft word where words won’t be counted but it looks exactly like a contents page.

[captmario]

Ok what i am doing is, i am basically showing three year analysis of each ratio as my mentor suggested (not applicable to porter/PEST/swot as it’s based on trends and happenings). after this is done i am going to undertake competitor analysis in which ill firstly explain trend of both my company and competitor’s and then compare them.

So your suggestion that we have to analyse trend will somehow be included in the analysis, maybe not where its supposed to be but do you think that will be fine and fulfill the trend analysis requirement?

I agree that my mentor may not be the very best option but i am too far in to back out right now, i am on job so i can’t just switch it out and start from beginning as i probably won’t be able to finish by the deadline then.

[captmario]

What my mentor suggested me is to do three year analysis where i can compare each year with its previous year and explain the changes.
Competitor analysis will be done in a separate section right after own business analysis is completed.
It’s kind of difficult to explain the trend if you are only comparing each year separately.

[captmario]

Well the trends are pretty much normal and company is performing quite well, only issue is in FY 2011. in following FY 2012, receivables again reduced to FY 2010 point so apparently it suggest that this is part of normal routine.

However what goes over my head is that basically if debtors increased by 50% during the year while sales only increased by 15%. Why would Debtor days decrease?

Now it is just because i am using average debtors instead of closing debtors

Let me put it this way to make myself clear since i personally believe i am not able to clarify the situation properly 😀

closing debtors in 2009 = 500k
closing debtors in 2010 = 300k
closing debtors in 2011 = 450k
closing debtors in 2012 = 300k
closing debtors in 2013 = 270k

average debtors for 2010 = 400k
average debtors for 2011 = 375k
average debtors for 2012 = 375k and so on

now issue in 2011 is that although closing debtors increased by 150k, average debtors still decreased by 25k (because 2009 figure caused average debtors of 2010 to be pretty high ) furthermore cash decreased during the year, since these figures are pretty immaterial i would just say company was having lenient policy, however debtors day decreased which would indicate otherwise.
Otherwise company is doing pretty good but i am quite unsure on how to explain the reduction in debtors days only in FY 2011, any suggestions?

[captmario]

It was mentioned earlier, however it’s been a while since i have seen such statement now. So provided i’m planning to submit my project this time, i just want to ensure i am still opted in.

I will contact ACCA then, thanks

[captmario]

Hello,
I am acca affiliate now, earlier when i was a student i was already opted into BSc hons as there was a sentence written that you are opted into BSc.
I just want to ask i can’t see any sentences like these anymore, how do i check if i am currently opted in? as i am planning to submit my project in period 29

[captmario]

I have an average of 65%, wish it was a little more than that and i would have first class.
anyways is it really difficult to pass this project? my friends told me even minor mistakes can cause a failure, is this really so difficult?

[captmario]

The list is already online however i can’t seem to find my name anywhere on the list, lel

[captmario]

Opentuition is awesome, Thanks for P3 lectures

P3 : 78% with self study

[captmario]

No message yet, my heart beat is literally raising lel

[captmario]

Well just 1 hour to go now, Just want to say good luck to everyone for one last time, hopefully we all pass so that we can spend our weekend happily xD

[captmario]

i was watching a movie, but still 1:30 to go 😀

[captmario]

it means nothing

[captmario]

I also recieved it, again i believe it is generic so calm down and wait, 6 hours to go

[captmario]

@atu31 said:
Anyone here who did 75% of exam in the past but still managed to pass????

I did 70% F5 and managed to pass with 58% 🙂 but that was F5, i don’t believe this is possible at all to pass a professional level paper with just 70% completion.

[captmario]

You can conclude nothing because to be honest i believe it means nothing, you will only know after 12 hours

[Author]

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