Well I have set myself a target,going to take unit 1 of this qualfication in Jan of next year. There is 12 chapters to this unit, started at the beginning of June, and have done 8 chapters already, I have set aside 4 hrs of study a week. Been on the phone all morning to my distance learning provider, to see why my tutor is not answering my emails, and why in this time I have only had one assignment marked,(might as well have banged my head on the dining room table), the answers I was given were just not plausible to me. Oh well determined to go it alone now and sod the b***** tutor. Sure I will be back soon to ask loads of questions. Kind Regards. Sue
4 hours per week... That's how it always starts and next thing you know it's 3 in the morning and your knee deep in a balance sheet that doesn't.
Think that you've definitely made the right choice dumping the tutor as you didn't seem to be getting much by way of support at all.
Good luck, we're all behind you... So don't turn around all it will just freak you out. lol
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
The main excuse I got is my email account, the man on the phone said you can have problems with Hotmail accounts, considering I have had this account for quite a long time I have never had problems with it. Me thinks he fell out of a tree lol. Spent all afternoon doing TP and loss accounts, I love doing these especially when they balance spot on. Next weeks chapter suspense accounts which I have not done since college four years ago, never did like them. The only topic I have not covered on units 1 and 2 which is brand new to my knowledge is Budgeting and budetary control is there any gremlins on this subject? Kind Regards Sue
Budgets themselves are really quite straight forwards but the complexity comes with so many different budgetary models from zero based to incremental, flexed, rolling budgets etc.
Also have a read about beyond budgeting which looks at the demotivating effects of budgets on staff and management. However, don't believe what it tells you in the books about companies abandoning budegting.
Companies like Ikea still budget even though they say they don't . It's just that the budgets are based on actual throughput rather than historical data per se.
AAT cover the basics of budgeting or you could go for ACCA paper 2.4 text (my version is 0751702358 (available used from 1p from Amazon but be quick as it won't be there long after I've now posted this!)) which covers budgets in a lot more depth but does not cover beyond budgeting which really doesn't come to the fore until paper P5.
You actually need the paper 2.4 text to cover your costing and other management accounting studies. Everything in that text is still valid today and the fact that beyond budgeting is missing can actually be rectified by looking at this article from the ACCA.
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
