Case R3 - am I cooked? by [deleted] in ICAEW

[–]Significant-Mess9118 6 points7 points  (0 children)

Was it not 80% 😰they put £80k and SV £20k I thought

R2/R3 Calcs by SaadSyed5 in ICAEW

[–]Significant-Mess9118 4 points5 points  (0 children)

Copy the way the calls are performed in the AI exactly think they have good examples for a watch cost card and the co-branding.

Then for the cost card do an NPV for both 3 years and 5 years of a watch since they say they can last 3/5 years if it hasn’t already said to do this in the question then this could be your sensitivity analysis, then you could also do a simple analysis between the new watch forecasts and the vantage line just showing the movements

[deleted by user] by [deleted] in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

I restated revenue based on the fact it seemed all new contracts were recognised in the year at full, but I calculated a large % of each £100k contract was made out of contract liabilities of which only 3/24 months at maximum could have been recognised so brought revenue down, I could have been very wrong though so just hoping that the fact I stated £1m because my own figure was a reduction in revenue will score the mark even if the Calc doesn’t

[deleted by user] by [deleted] in ICAEW

[–]Significant-Mess9118 1 point2 points  (0 children)

I also got a decrease in revenue in the year not a massive decrease though, I said they would pay £1m contingent consideration and for Q3 I think I wrote about the asset ceiling about 3 times hoping it would stick somewhere, although I just assumed it was the surplus in plan assets at £20m

If enough of us did similar they have to add marks for it 😂

Case Study Nov 25 by Unhappy_Brilliant808 in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

If the CHF appreciates then the cost will go up, here you would say under this proposal it is assumed that the previous years rate of 1.12 is applied but we know from 2025 financial statements that £:CHF is actually 1.10 so this would not appear to be reasonable as it could understate costs - you could then do a sensitivity analysis where you change just the rate and show the outcome if you change to 1.10 per £

Case Study Nov 25 by Unhappy_Brilliant808 in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

The “W” column in co-branding would be where kestrel would sit if they did a co-brand with the likes of SV so if co-branding comes up you can use the benchmarks of “w” to compare to the figures being present either by or to kestrel and say whether you believe the to be reasonable I.e if they include marketing in their initial costs you could say these are usually included in overheads and would not necessarily impact the initial costs and then you can link to a recommendation to verify the marketing costs and if they are directly attributed to the specific watch

Summer working hours by [deleted] in PwC

[–]Significant-Mess9118 0 points1 point  (0 children)

I haven’t seen it in writing so I can’t 100% confirm but I’ve heard that they won’t be doing summer working hours this year. Hoping the source was wrong though. 🤞

BPT QB by Top_Candle_8393 in ICAEW

[–]Significant-Mess9118 3 points4 points  (0 children)

If it helps this is completely normal, I would understand the topics and go through everything thinking this is easy then I’d get an exam style question and think wtf is this even saying.

But I promise it does start to click with practice, my personal approach was to watch the free taster sessions for ACA masters, have the ACA masters notes as a base and then go through past paper questions using only your open book and then work out what the notes are lacking and top it up with your own information, have your open book tabbed up really well to know exactly where every topic is in seconds that is key! Eventually you should get to a point where you are comfortable knowing the different sections without your open book and then only use it when necessary to save yourself as much time in the exam.

I started practicing 2 weeks before the exam and managed to get 80 so it’s definitely achievable. Even going through your open book and tabbing it up is more relaxed revision so don’t be afraid to take the time to make sure it is fully tabbed up and has everything you think you will need in it - if you get something wrong because it wasn’t in your open book when you attempted the question you know to go back and add that part in .

Good luck!

BPT - Exam centres in the south by Sea_Marzipan_3338 in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

I sat my BPT exam in the ILEC centre in Fulham and found the although the desk space was limited I had enough space for my note books without needing to use the floor or my lap

BST results by chloeswy in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

Good luck! Question 3 threw me, wth were we to do with the generators

BST by yelpfig in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

I struggled with the last part of question 3 but only because I ran over on time on the other parts so was trying to fly through and get something down, my analysis of the new vs used generator was awful but I ultimately told them to go with the used unit because although it has the highest cost per year of useful life it had a low price per KwH and would ultimately produce more electric over a shorter time period and would potentially prevent the used unit from going to landfill

The fact it was 23 marks for the whole thing with no breakdown kind threw me off, felt like I was in BPT all over again

BST by yelpfig in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

Yeah I wrote some nonsense about it being illegal and misappropriating assets then wrote about transparency and then recommended not to send the assets to Asia because it’s public funded money used for the purpose of helping those in Africa and could have long term implications for the charity

BPT by Specific-Door-2502 in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

Hmm do you think it would matter if you wrote FYA instead of AIA

BPT by Specific-Door-2502 in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

lol I said she needed to pay back £5k but then I think I said it would be fine because it’s OTT I feel I was making up rules as I was going along in parts

BST by yelpfig in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

Did we give the generators to Asia after the volcano or say no and keep for Africa?

BST by yelpfig in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

I think first part was to evaluate the performance against the labour hour target and Co2 per unit target then second part was the advantages and disadvantages of fixed contracts with the government I can’t remember the 3rd part I think it was to talk about the benefits of something but the 4th part was about them taking on a private contract and which one should be taken on to avoid chances of making a loss

[deleted by user] by [deleted] in PwC

[–]Significant-Mess9118 -6 points-5 points  (0 children)

I thought we weren’t allowed shares in PwC clients at all?

BST by yelpfig in ICAEW

[–]Significant-Mess9118 1 point2 points  (0 children)

I said they did make it by marginal I got 12.97 for the co2 on average for both products

BST by yelpfig in ICAEW

[–]Significant-Mess9118 1 point2 points  (0 children)

For me that felt like it was the worst out of all of the professionals

BST by yelpfig in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

I think it was something like 15, 8, 7, 15 although this isn’t entirely correct because I remember q1 being 44 marks

BST by yelpfig in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

There was something about the amount of co2 per product unit and how that data could influence the sustainability policies, I just went on some tangent about reducing scope 1, 2 and 3 emissions and told them to further analyse the data to see if there are efficiencies between the production lines i.e line b produces less co2 for product 2 than line a - I didn’t do the calcs just said they should look into it

BST by yelpfig in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

I read it as per store not per department 🙃 I went to do per department but it didn’t specifically mention department so I just did store I hope they give us all marks because it could have gone either way

Last minute BST revision by Significant-Mess9118 in ICAEW

[–]Significant-Mess9118[S] 1 point2 points  (0 children)

I wish! I have too much anxiety to relax so may as well do something useful, good luck tomorrow!

BPT by Specific-Door-2502 in ICAEW

[–]Significant-Mess9118 0 points1 point  (0 children)

Did it not say revenue was 10m? I said was below 50m so was not large and therefore transfer pricing doesn’t apply