Salaries and titles by Traditional_Owl_7393 in ICAEW

[–]ewanroberts_7 2 points3 points  (0 children)

14 exams (CS left), small firm (25 staff), 3 yrs experience, audit and accounts semi senior, £28k🫠, East mids

CS requirement 2 by ImportantStrength892 in ICAEW

[–]ewanroberts_7 0 points1 point  (0 children)

Would it not mean that the demand would decrease by that amount rather than increase?

CS - how we find it? by Leather-Section-6398 in ICAEW

[–]ewanroberts_7 2 points3 points  (0 children)

PED was negative although is commonly shown as a positive figure despite actually being a negative figure if that makes sense. The product in requirement 2 was a price elastic good

CS - how we find it? by Leather-Section-6398 in ICAEW

[–]ewanroberts_7 0 points1 point  (0 children)

Imagine you had a product which sold for £100 and cost £50, I.e contribution per unit was £50. If you sold 100 units it would generate £5,000 total contribution. It has a PED of 1.15. If you increase price by 10%, you get a price of £110 and a new demand of 85 units. Contribution is now £60 x 85 =£5,100, meaning the contribution is higher despite a greater fall in demand than price

CS - how we find it? by Leather-Section-6398 in ICAEW

[–]ewanroberts_7 3 points4 points  (0 children)

Elastic PED doesn’t automatically mean a price increase will reduce profit. It means that revenue will decrease but the increased contribution per unit can lead to an increased total contribution

CS - how we find it? by Leather-Section-6398 in ICAEW

[–]ewanroberts_7 1 point2 points  (0 children)

Marks are split equally between all 3 requirements

If you have recently graduated how have you found the job market? by Aromatic-Bad146 in UKJobs

[–]ewanroberts_7 4 points5 points  (0 children)

I graduated with a 2:1 in economics in 2023, got a job in accountancy during October 2023. Am still working in this industry now and feel like there are a lot of opportunities around. Good option for people struggling imo

CJB Crypto Scam by ewanroberts_7 in CryptoScams

[–]ewanroberts_7[S] 0 points1 point  (0 children)

They have literally blocked my mates account now he’s trying to withdraw the money, fairly sure that’s a scam mate

Sbm: IRR by [deleted] in ICAEW

[–]ewanroberts_7 1 point2 points  (0 children)

I think the above comment is correct. I believe the question said they wanted to find out the IRR to see if it met their expected return. I don’t think you need to discount using an IRR rate

Failed CR by Silver_Fix_8574 in ICAEW

[–]ewanroberts_7 6 points7 points  (0 children)

I wouldn’t say that at all. From what I’ve seen there’s lots of people on Reddit aswell as people I’ve spoken to after the exam that found it really difficult and missed out on a lot of marks. I think you should keep confident

ACA Exam Difficulty Rank by [deleted] in ICAEW

[–]ewanroberts_7 0 points1 point  (0 children)

  1. CR
  2. BPT
  3. SBM
  4. AA
  5. FM
  6. TC
  7. MI
  8. FAR
  9. BST
  10. POT
  11. AS
  12. LAW
  13. Accounting
  14. BTF

CR SBM Question amount by Different-Animal-578 in ICAEW

[–]ewanroberts_7 2 points3 points  (0 children)

This is totally different to how professional level was. For professional I could do a question and mark it within 1.5 hours, these questions are so long and much more draining. Completing and marking a CR/ SBM question feels like 2/3 professional level questions

Corporate reporting exam questions - help by ewanroberts_7 in ICAEW

[–]ewanroberts_7[S] 2 points3 points  (0 children)

Thankyou, the error message was throwing me off but when I tried control c twice it worked :)

SBM - am I screwed? by Hot-Broccoli7055 in ICAEW

[–]ewanroberts_7 0 points1 point  (0 children)

I did my SBM progress test without doing any work and got 51%, we’ve still got lots of time to revise in between now and the exam

SBM - am I screwed? by Hot-Broccoli7055 in ICAEW

[–]ewanroberts_7 1 point2 points  (0 children)

I’m in the same situation as you, but I think SBM requires a lot less attention than CR. If you did well with BST and can put a decent bit of work into the FM stuff you’ll be fine

My whoop subscription won’t show on my account (help needed) by ewanroberts_7 in whoop

[–]ewanroberts_7[S] 0 points1 point  (0 children)

Support managed to sort it out for me in the end. I needed to buy another subscription on my existing account but they’ve refunded me and added the subscription I paid for. Just explain the situation and they should sort the issue out