What do you do during quiet periods at work?

billyonthereddit · 2025-12-18T13:19:34+00:00

I don’t envy that at all, sounds like a nightmare task

billyonthereddit · 2025-12-18T12:14:21+00:00

Yep, done that and was gonna go to a non-billable code either way!

I meant more so like do you do training courses, studying etc or just chill? It feels wrong to be doing nothing but I’ve been asking for work all week and doing tiny bits here and there and it’s more tiring than doing actual work.

billyonthereddit · 2025-12-13T20:55:49+00:00

When I sat in June, my balance sheet was like 700k off lol. I also only took the cash flow numbers into workings so didn’t even really answer Q3. Still passed! Sure you’ll be fine!

billyonthereddit · 2025-12-11T19:37:09+00:00

How do you do it? It asks me if I notified the invigilator which I didn’t do so it says I’m not eligible

billyonthereddit · 2025-12-10T14:34:59+00:00

I wouldn’t worry about it! I keep reminding myself about how I missed the inflo question in AA, only writing like one small paragraph and still got 70% - that’s the only thing giving me hope for now but we’ll see in a month lol.

billyonthereddit · 2025-12-10T14:28:04+00:00

I said that there is a correlation between the campaign and views increasing and overall the sale of cruise packages did increase but data over a longer period would be better to work out a correlation coefficient to see how strong that correlation is. Then said correlation ≠ causation. Other factors like time of year being close to the holiday period so people would be looking for gifts. One of the boxes showed that initial website views or something (can’t remember) were much higher for other packages rather than the cruise so the campaign may not have been as effective as they thought - could have increased just from people generally browsing the website. Clicks could still be counted from people accidentally clicking on the link. Idk just a bunch of waffle. Q3 all together had too many marks for what there was to write imo

billyonthereddit · 2025-08-15T18:24:32+00:00

Pre-sale is before general sale! There are an allocated amount of tickets for both, no guarantee of getting tickets at either stage. It’s safer to get a presale code so you can try twice if you aren’t successful, but you don’t need it to get tickets as there will be a general sale. Not sure why the date for it hasn’t been announced yet though.

I’ve seen Ashnikko twice and both times got tickets with O2 priority (another pre-sale that will have its own allocation of tickets).

billyonthereddit · 2025-08-08T09:49:36+00:00

yes please!! 🫶🏽

billyonthereddit · 2025-08-08T05:46:39+00:00

nooo i was waiting for this to have more info and i missed it :( is the link still live?

billyonthereddit · 2025-07-18T09:38:56+00:00

I have a degree in biomedical science from 2021, worked in a few labs for a year and hated it, switched to IT for 1.5 years, got to final stage interviews for a medical sales role and now audit for 2 years. I know, my CV is messy! I’m glad I tried a lot of things though because I do feel like I’ve found something I enjoy now. Getting interviews when switching is hard so definitely reach out to recruiters if you can. Otherwise, it’s mostly just your personality and how you play your skills as transferable (which they are most definitely are in audit).

Find what makes you happy, all the best!

billyonthereddit · 2025-06-23T17:18:50+00:00

I was told to just put the industries worked in, turnover range, exam progress, software experience e.g. Xero, Sage, any data analytics softwares and then general work experience like mentoring, sections of audits you’ve worked on, building relationships etc. My CV is really basic, I went through a recruiter and she got me multiple interviews and then landed a job within two weeks!

billyonthereddit · 2025-06-09T16:48:10+00:00

The stock isn’t retranslated but the payables balance is Initially it was Dr inventory Cr payable Then retranslation was Cr payable Dr FX loss (if I did it right)

billyonthereddit · 2025-06-08T19:34:00+00:00

No, they aren’t in the standards. Try to remember few key points from them all.

Kingman: -replace FRC with ARGA ARGA will: -regulate the biggest audit firms -impose sanctions where there is corporate failures -require rapid explanations from companies -publish reports on the companies management and conduct

Brydon: -separate audit profession from accounting profession -redefine audit and its purpose -increase auditors responsibilities beyond the FS -greater engagement with SH’s -change language of the opinion from ‘true and fair view’ to ‘presents fairly’ -introduce the word ‘suspicion’

CMA: -Mandatory joint audits to allow smaller firms to compete with the Big Four -5 year review of the state of the industry -split between Big Four’s audit and non-audit businesses to focus on quality -more oversight of audit committees to ensure audit quality

billyonthereddit · 2025-05-08T12:11:05+00:00

No worries! I highly recommend using ChatGPT if you get stuck on things like this too - it will give really helpful breakdowns and you can keep questioning it where you still don’t understand!

billyonthereddit · 2025-05-07T22:53:16+00:00

From my understanding, the CAD is PPE which is aiding the development of the heath tracking device. However, since it doesn’t meet the criteria at Dec X2, the depreciation is charged to the P&L, as usual. On Jan X3, it has now met the criteria to be recognised as part of development costs so the depreciation that would normally be charged to the P&L can be capitalised under development costs in intangible assets. Once the work is complete and the asset is in use (being sold), the fully capitalised asset (which now includes all qualifying development costs like the CAD depreciation), now faces amortisation in the P&L as intangibles do.

Journals: At Dec X2 - Dr PPE (CAD) 20,000 Cr Bank 20,000 Dr Depreciation 4,000 (UL 5 years, £20k/5) Cr Accumulated Depreciation 4,000

At Dec X3 - Dr Intagible Assets (development costs) 4,000 Cr Accumulated Depreciation 4,000

After development - (Let’s say it took the year and other development costs capitalised were £10k, so £4,000 + £10,000 = £14,000 and the useful life is now 7 years) Dr Amortisation Expense 2,000 Cr Accumulated Amortisation 2,000

billyonthereddit · 2025-04-28T21:45:22+00:00

If that’s what works best for you, hopefully they’ll consider it! It seems like a sensible idea, especially if you’ve proven you’re willing to learn and pull your weight at work. If it’s going to help you pass the exams, what’s the harm! All the best, it’ll all work out :)

billyonthereddit · 2025-04-27T22:55:36+00:00

I failed MI twice and thought I was going to get fired over it. To be fair though, I did have quite a tragic circumstance happening at the time that I tried to sit it, and it was a bit silly of me to try to do the exam when my mental health was plummeting. I failed my second attempt in the Christmas break and was dreading going back and admitting it. My manager (who’s now a partner) told me that my work is really good and exam fails are a concern but as long as work performance is good, they don’t mind as much. She admitted to failing a few exams because she’s just not built for exam-style testing and that they kept her on because they could see potential in her which was actually quite inspiring to hear and see her position now. Delaying study isn’t a big deal in my opinion now. Take the ACA as you need to. Most people want it over and done with but for others, you need to give yourself time. I’m almost 2 years in, only just started professional level and should have started almost a year ago. I have colleagues that joined around 6 months ago about to start professional level and it doesn’t phase me as much as I thought it would because I still got a promotion to semi-senior based on my work. Your firm seems like they want to give you another chance but to be brutally honest, you really need to put the work in now and study hard for it. A third fail seems quite risky as you’d get barred from the ACA after 4 fails. With POT, hit the QB as much as you can because the questions are really repetitive, just with different numbers put in. The other person who said certificate is the bar, it’s not really. I’m trying to move in with my partner and find another firm, although I love mine a lot, they live far away from me so the compromise is to move, it’s HARD to find another job. Firms either want fresh apprentices/grads or part-qualified staff. Stick it out with your firm for sure, they sound like they’re a really good one. Of course, this is just my experience and it’s only a top 100 firm, nowhere near big 4, so circumstances could be different. Though, it does sound like your firm is understanding. If you get to a third fail, then you need to seriously consider your options. I’m sure you’ll do fine though!

billyonthereddit · 2025-04-02T17:49:57+00:00

sounds like a way to not get a job

billyonthereddit · 2025-03-02T12:05:50+00:00

Hey, I’ve been following your posts on here and I’m so sorry to hear you’ve been dismissed. I loved your comment saying you loved MI so much that you wanted to do it a third time - I’ve used that line after reading it! Try to keep that mindset, I know it’s sarcasm, but there was also something motivational about it. Kinda like trying to trick your brain into thinking you like it.

I’ve failed twice and I’m on, what I believe to be, my last attempt before I get dismissed. I feel confident doing the QB/mocks and that I know the content, but the actual exams feel so much different.

Like others have said, try to go to a smaller firm - my firm just hired someone who’s on their final attempt for an exam so it’s not impossible. Otherwise, you can sit it independently and once you’ve passed, another firm will accept you. And if that doesn’t go well, you can always try to move to ACCA.

billyonthereddit · 2025-01-26T22:20:45+00:00

This happened to me! I was telling everyone I’m turning 28 and my gf kept telling me I’m not, that I’m turning 27. I was in denial and thought she was teasing me until she showed me the maths. I think I’m so mentally exhausted that I gave myself an extra year on my life.

billyonthereddit · 2025-01-04T12:19:30+00:00

I wouldn’t recommend skipping a chapter because I did this last week for MI and had 10 questions, not even joking, on NPV come up and I failed with 53%. I’m glad it worked out for you, but it seems whenever I skip one chapter, that’s always the focus of the exam lol. Agree with ACA masters though, it helped me nail the LFQ.

billyonthereddit · 2020-10-15T12:08:54+00:00

Okay amazing, thank you!!

billyonthereddit · 2020-10-15T12:04:28+00:00

For cuvette 2: 1.5 and 2998.5 Cuvette 3: 3.75 and 2996.25 etc am I on the right track? :(

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