ACCA F6 Taxation in the UK revision stage

Hello my ACCA friends,

our exams will start in one month and this is a time for revision for most of us)))
The key factor of exam success is practicing past exam papers. When I read the suggestions from other students, 90% of them believe that past papers help to pass an exam well.

I used the Malaysian teacher Low Chin Ann's video lectures about F8 Audit and assurance and passed it well. Today I watched his video lectures about ACCA F6 Taxation (UK) past papers. I think they can help you to prepare well for F6.

ACCA F6 Qs2 KimSee 2008

ACCA P2 Dec 2007 Q 4 International conceptual framework

The question 4 in ACCA P2 exam tends to be easier than 2 and 3 in section B. It is usually a current issues question. To be highly scored on this question, you need to plan your answer, use the headings and short paragraphs for every sensible point.

Question 4 December 2007

International conceptual framework

25 marks * 1,8 minutes = 45 minutes.
15 minutes to read&understand question requirements and plan the answer
25 minutes for write 25 reasonable points
5 minutes to revise the completness of your answer under plan

You can download the past exam papers www.accaglobal.com

Q4 The IASB has begun a joint project to revisit its conceptual framework for financial accounting and reporting. The goals of the existing frameworks and converge them into a common framework.

Required:
a) Discuss why there is a need to develop an agreed international conceptual framework and the extent to which an agreed international conceptual framework can be used to resolve practical accounting issues. (13 marks)

b) Discuss the key issues which will need to be addressed determining the basic components of an agreed international conceptual framework. (10 marks)

Appropriateness and quality of dicussion (2 marks)

Q4 (a) 13 marks

(1) Convergence

Tax havens: excellence or fragility for corporations

Tax havens: where they are?

There is no precise definition on tax havens. The OECD (Organisation of Economic Co-operation and Development) initially defined the folowing features of tax havens:

• no or low tax;

• lack of effective exchange of information;

• lack of transparency;

• no requirement of substantial activity.

European vector for Ukraine - The Diplomatic Insight

Hello to everyone,

today my first article about Ukraine, its history and European vector was published by the Pakistany magazine "The Diplomatic Insight".

Muhammad Asif Noor, the Chief Editor of the magazine, has decided to publish Special issue of The Diplomatic Insight on Ukraine. This issue was devoted to celebration of 22nd of Independence of Ukraine.

I highly appreciate this offer to write about Ukraine. Hope you like my article))

http://thediplomaticinsight.com/magazine/septmagazine/#/8

Follow the link above and you can find my article in the pages 9-10. I use Adobe Flash Player to read it.

For someone who could not read my article in The Diplomatic Insight I post this text below.

ACCA Advanced Diploma in Accounting and Business

Advanced diploma in accounting and business

If you decide to complete the ACCA Qualification, you will be awarded the Advanced Diploma in Accounting and Business on your way to completing ACCA Qualification.

What's involved?

You will need to register for the ACCA Qualification. When you have completed the Fundamentals level exams (F1-F9) and also the Professional Ethics module, you will be awarded the Advanced Diploma in Accounting and Business. You can progress to the Professional level to continue your ACCA Qualification.

How long will it take to complete?

It's up to you, but please note there is a 10-year time limit to complete the exams when gaining the ACCA Qualification. You can sit exams in June and December at one of 380 exam centres around the world. You can complete Foundations in Professionalism before or after the exams. So you could complete this Diploma in 12 to 18 months.

How can you get your certificate?

The 50 most common questions for job interview

One my friend usually tells me you need to go to a job interview to become more confident. Thus, you gain valuable experience of communications with HR specialists. It helps you to obtain the dream job in the future.

Some of the employers like to pose unusual interview job questions. They explain the reason for doing it that they need to select the creative workers to boost the company's development. Nevertheless, the most job interview questions are common and we need to be prepared well for them.

Forbes finds the 50 most common interview questions. It is a great list to practice and to prepare for your job interview.

1. What are your strengths?
2. What are your weaknesses?
3. Why are you interested in working for [insert company name here]?
4. Where do you see yourself in 5 years? 10 years?
5. Why do you want to leave your current company?
6. Why was there a gap in your employment between [insert date] and [insert date]?
7. What can you offer us that someone else can not?
8. What are three things your former manager would like you to improve on?
9. Are you willing to relocate?
10. Are you willing to travel?

ACCA procedure of claiming your Practical Experience Requirements (PER)

To become an ACCA member and to call yourself a qualified accountant you need to complete practical experience. You should prove that you are able to apply in the work place the knowledge which has learned in your exams. It helps to demonstrate your potential employer that you have practical skills, not only knowledge and ethical behaviour.

You can gain your PER before, during or after completing your exams. It would be great advantage if you complete your PER at the same time with your exams as it reinforces what you learn for the exams.

What is PER?

PER is a guidance for you which includes 36 months practical experience and 13 performance objectives (POs) requirements. POs are closely linked to the exams syllabus. It would be a benefit to coordinate your study and achieving POs to gain the most from both.

What is the relevant experience?