[sruthi06]

Thank you so much sir for your valuable feedback and advise! Yes, I was confused on doing ACA by taking the additional papers. Thank you for your clarification regarding the equivalence of both ACCA and ACA. Thank you once again for your valuable time and insight !

[sruthi06]

Another query..

Suppose, revenue 30% received in advance from customer and rest 70% will be paid later after the completion of contract.

if on a % of completion basis (performance obligation over period), can I recognise the 30% as and when received and, the rest 70% at a later stage when the control is passed. Is there any early revenue recognition risk in this issue.

Sir, Is my understanding correct? If not please advise..

[sruthi06]

Thank you so much sir..

[sruthi06]

Thank you so much sir

[sruthi06]

Thank you so much sir..

[sruthi06]

Thank you sir.. I do have both the kits..I have gone through most of the questions in Kaplan. But feel like not remembering anything.. I am really tensed.. Sir, should I follow both the kits and do all questions at least once or stick on to one and repeat the questions?

[sruthi06]

Sir, I don’t think that I can manage both the papers with only 1.5 months left for the exam( Like Study, revision, past paper practise and mock )

[sruthi06]

Please advice!!

[sruthi06]

I have already attended a learning providers class here for the syllabus valid until June 2021. When I checked the 2021-22 AAA syllabus, I have seen almost 2 pages of updations/ modifications in syllabus. Sir, so is it better to write AAA in June before the slight syllabus modifications from sept-June 2022? Or is it still safe if I push AAA exam to September 2021 as the ATX exam providing here is only applicable in June and December?

[sruthi06]

Thank you so much sir for your guidance!!! Will really try my level best!!

[sruthi06]

Thank you so much sir for your prompt response. Will surely follow through your instructions. Actually, I am planning to sit both AAA and ATX for June session and both have to begin from scratch. Is it wise to sit both theory papers in a single sitting especially as only 61 days left for the exam??

[sruthi06]

As for me, I have no audit experience and am confused as how can I deal with questions asked if it’s something beyond the standard scenarios? Also my biggest issue is time management and I could never complete any exam on time or in time. I am really scared of AAA exam. I always used to study a lot and in detail and while coming to exam could never manage my time. Even in my SBR awaiting results, I could not attend almost 20 marks due to poor time management. Please advise..

[sruthi06]

It’s really worrisome that I could not do this set except sustainability reporting for 4 marks and the rest even though easy questions I could do only 1-2 lines due to time constraints..so literally I left 9 mark question and could not do 18 mark well except 1-2 lines hardly for sub questions.

I studied really well and did the exam poor.. So much demotivated ..Sir Please advise..

[sruthi06]

I had to fully leave a 9 mark qn which I know really well due to time constraint and the 4th 25 mark qn was with a lot of subheads like Sustainability 4 m with 2 mark for discussion quality, natural disasters destruction Non CA- possibility of insurance treatment 4m, destroyed non CA trtmnt 4m, potential of Grant and impairment trtmnt for destruction 4m, hedge of aluminum 4 m, provision for environment repair 3m.

[sruthi06]

Also when I come across some questions which I have never come across in kit, I take some time thinking what should I write. I am really sad on my March 2021 SBR exam as even after putting too much efforts and covering whole syllabus, I could not attend the whole exam.

[sruthi06]

Sorry..Typo error

Hello sir..I find the language used in some of the SBR technical articles quite technical and find difficulty in getting through. Please advice on how can I get through the articles to have a better understanding and better my SBR answers…

[sruthi06]

Thank you so much sir!!!

[sruthi06]

Also, sir please advise if it’s useful if I follow pocket notes of Kaplan?? Since it’s the first time I am purchasing pocket notes, I am quite confused

[sruthi06]

misunderstood*

[sruthi06]

Thanks a lot sir..I understood the concept of reduction to $50 as the administering cost of accounts for the second year by company and hence wrongly considered a cost.. Now got that its a revenue from customer…Thanks a lot sir !!!

[sruthi06]

Now got it sir !!! Thank you so much for your prompt response!!

[sruthi06]

Thank you sir. I found this question in BPP and felt confused.Now got it..Thanks a lot..

[sruthi06]

per hour..

[sruthi06]

Wind station

A wind station can generate 1,750 gigawatts of electricity per year. It has a life-cycle cost of $55,000 per gigawatt and an average operating cost of $40,000 per gigawatt over its 20-year life.

sir, I understood the above concept. But the operating cost is already given as $40000. So I doubt why cannot we equate 60% to $40000. So that the margin can be 40% which comes around $26667. Therefore, $26667*1750*20 = 933 m. But answer is given as $408m.

$40000/.60 = $66667- $55000 =$11667*1750*20 = $408m.

quite confused…

[sruthi06]

Option A is not true as it talks about sales revenues and not sales units. Sales mix variance is
based on the difference in sales volume as a result of changes in the proportions of each product
sold, not the sales revenue. The proportion of sales revenue can stay the same, but this can hide a change in the volume of units sold. Option A is the correct answer.

Because it says like sales mix variance is caused by change in volume as a result of change in product proportion. Therefore, the fourth option states an increase in 10% actual volume. Can’t it be caused by different proportion?? This is what confuses me…

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