[sugi1985]

Has anyone encountered a NPV question like that one that appeared in the Sept exam..it was a super weird question. I have not seen anything like it .

[sugi1985]

Is it fair to say we decide in which submission period we are going to submit and then go back 5 years from that date and see if we have 3 passes to demonstrate currency of knowledge ?

[sugi1985]

Thank you for the clarification. I am hoping to complete all 6 skills exam by June this yr and submit in the November 2021 period. So even if I find myself in a position where I have to resubmit in may 2022 since I would have passed 6 exams in maybe a year I shouldn’t have a problem right according to what you have said ?

Won’t ACCA or OBU update their websites to reflect this very important change ? I read about this new rule in a forum and became aware of it. If not I would have given up on attaining this degree as my.10 year registration expired.

[sugi1985]

You have misread my question. I didn’t enquire about submitting the RAP first and then passing the exams, that would be absurd given that the skills level subjects marks are used to calculate the grade.

By future I meant if a student can pass 3 skills or strategic level exams after this new rule has been implemented and be eligible to submit the RAP – say for eg a students 10 year eligibility period has expired but he or she has only passed the knowledge level and one skills level subject. So my question is can a student pass the other skills level subject in the FUTURE and be eligible ? Hope this clears up the misunderstanding.

[sugi1985]

And if u meet all the other eligibility criteria.

[sugi1985]

Where does it say ? That’s not correct. The new rule is if your 10 year period has expired, u get an extension by passing 3 skills or professional level subjects within 5 years of the Rap submission

[sugi1985]

Please clarify what the yes is for.

[sugi1985]

Should I have ALREADY passed 3 subjects or can I pass in the future as long as it’s within 5 years of submission of my RAP?

[sugi1985]

Thanks for your response but you have misunderstood my question. I asked about the new rule regarding the eligibility criteria for the OBU degree

[sugi1985]

Hi thanks I did post there. But if you can answer my question it would be helpful

[sugi1985]

Hi,

Can someone help me understand what the extension to the 10 year rule for the OBU degree is – specifically what does it mean when they say a student should have passed 3 skills or professional level exams in the last 5 years before their submission date – which 5 years are they referring to and do we decide our own submission date ?

Please clarify this. Thanks

[sugi1985]

Hi,

My 10 year period expired in June 2020. May I know if I am eligible for the OBU degree under the new rule ?

This is where I stand – in the 10 year period since I registered as an ACCA student I sat for the Tax and FM exams once each and was unsuccessful I’m both. I didn’t attempt any other exams as I was overwhelmed with work.

Since this pandemic began I have decided to pursue ACCA again. May I know if I complete all 9 knowledge and skills level exams in 2020/2021, if I can submit my RAP in the November 2021 submission period?

What does completing 3 ACCA exams in the last 5 years mean – since no specific dates are given does this mean say for eg if I want to submit in the NoVember 2021 period I should have 3 passes in skills/professional level subjects in the period between November 2016 and November 2021?

Thanks

[sugi1985]

Also I have the Kaplan revision kit which is valid until June 2017. Can I use this for the March 2019 exam?

[sugi1985]

I meant to say I have not attempted F7 yet nor do I have any F7 knowledge

[sugi1985]

Thanks I appreciate it. So I should get the latest revision kit only?

[sugi1985]

Thanks! So there have been no changes since June 2017 upto now?

[sugi1985]

Also May I know if it’s possible to show the workings on the spreadsheet like I would do on the paper based exam without using any formulae etc…will I still get full marks? I am just not comfortable with the formulae

[sugi1985]

Hi..won’t I need the new textbook also as there seem to be significant changes to income tax?

[sugi1985]

Hi, thanks for the response. Where can I read about the changes that you have mentioned? I want to see if it’s complicated. If it is I would like to apply for the March session before the deadline.

[sugi1985]

Thanks for your response. Can you please tell me if there are any changes in the way losses are relived for individuals and companies ( I have mastered the June method so please tell me it’s the same for September!!! Also the capital allowance computations..any changes from June to sept?

[sugi1985]

Hi so just to clarify apart from the above mentioned chapters, all the other chapters will have significant changes for the sept 2016 exam?

[sugi1985]

we don’t show the existing wc as an outflow but when recovering we recover the existing wc plus the incremental – is that right?

[sugi1985]

Hi john, if wc is to be recovered at the end of the project and there is existing wc before the project begins ( as in the sept/ dec paper) do we show the existing wc as an outflow ?

[sugi1985]

Last qn regarding wc ( promise!)..if the qn says the machine is just for one off production but there is some existing wc and this will increase in line with general inflation, do we recover only the incremental wc or the existing wc as well?

[sugi1985]

Hi john, under what circumstances do we recover the working capital at the end of the project? If u look at the June 2011 paper the qn doesn’t explicitly state wc is recovered at the end of the project but in the suggested answer it has been recovered..but in the sept/ dec hybrid paper it has not been recovered( qn is silent again)..pls clarify its doing my head in!!! Thanks

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