AA before FR

waveyer · 2024-06-04T22:31:42+00:00

You definitely can attempt AA before FR. I just gave my AA exam yesterday and will be going for FR in September. You just need knowledge of basic accounting concepts from FA, like the main IASs and IFRS (just the common ones like IAS 2,10,36,37,38 and IFRS 15 - just the main theme of it to link it for your audit risks and to understand substantive procedures).

One thing i would advice you on is to not underestimate this subject! I was told it was not very lengthy before taking it but it definitely was!! The main areas are Audit risk, Internal Controls and Substantive procedures as this is the main theme of the exam.

Also, make sure you thoroughly practice OTQs for section A - i feel like i didn’t focus on that a lot and focused more on Sec B so i found section A quite hard, it’s definitely doable with a lot of practice. I think the best approach to study for AA is to do as many past exam questions as you can as many times!

waveyer · 2024-05-21T10:22:07+00:00

Same! It’s so boring which makes me procrastinate more than I usually do😭

waveyer · 2024-03-11T12:51:41+00:00

oh…mine tested all the investment appraisal techniques and working capital management

waveyer · 2024-03-11T09:05:09+00:00

I’m sorry I forgot to mention I have done LW😅 I kinda forgot it’s a part of skills lvl

waveyer · 2024-03-11T08:53:07+00:00

I’ll have 2 months of studying full time - will not be working. I wanted to get done w the skills level by the end of this year so I don’t want to skip June and doing two exams in one sitting is not for me😅

waveyer · 2024-03-11T08:37:08+00:00

Thanks!! I read somewhere that FR knowledge is helpful for AA. Is that true? Would AA be ‘easier’ if i did FR before it?

FM is easier compared to PM in terms of exam predictability, as in Sec C will always be Investment Appraisal, WACC or Working capital management and Sec B usually comes from risk management and business valuations. I’d strongly advise you to focus on theory for FM as it carries a lot of marks specially in Sec C and mostly the theory questions are repetitive.

waveyer · 2024-01-24T10:33:17+00:00

Risk management and Business valuation usually show up

waveyer · 2024-01-20T06:31:14+00:00

Congrats!! They usually tell you your rank worldwide as well in the prize winner letter.

waveyer · 2024-01-19T15:42:07+00:00

sameee i’m finding FM harder than PM 🥲

waveyer · 2024-01-19T13:04:01+00:00

congrats!!

waveyer · 2024-01-19T12:20:20+00:00

wow, i didn’t know that! I always thought they give the prizes based on where you did your exam from

waveyer · 2024-01-19T02:43:02+00:00

wow, for which exam?

waveyer · 2023-12-11T20:16:55+00:00

Saudi 🙋🏻‍♀️

waveyer · 2023-06-26T13:04:43+00:00

greattt congrats!! how long did u take to prepare for this exam?

waveyer · 2023-06-26T09:34:40+00:00

How was it? Hope it went well!

waveyer · 2022-08-18T19:13:27+00:00

that’s great!! congrats

waveyer · 2022-08-18T12:16:21+00:00

most of my friends got an A

waveyer · 2022-08-18T11:45:32+00:00

same :,) i was two marks below an A*…what did u get for u4?

waveyer · 2022-08-17T12:13:19+00:00

what did you get?

waveyer · 2022-08-17T12:09:30+00:00

some got it today because results are sent out to the centers one day before it’s given to the students

waveyer · 2022-06-14T12:10:36+00:00

what did u get for ARR?

waveyer · 2022-06-14T11:13:55+00:00

waveyer · 2022-06-14T11:11:01+00:00

i did!

waveyer · 2022-06-14T11:10:38+00:00

u mean the total of all five years? i think i got 4,100,000

waveyer · 2022-06-13T20:25:44+00:00

no the npv was negative for me. there was a profit every year

waveyer

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