• Congratulations to the Class of 2024 on your results!
    Let us know how you went here
    Got a question about your uni preferences? Ask us here

Exam afterthoughts (2 Viewers)

clairegirl

the name's Anne!
Joined
Mar 3, 2003
Messages
2,204
Location
Sydney
Gender
Female
HSC
2003
bba111- yeah it was good

a few that gave me distress but all up shud be good
 
Joined
Apr 3, 2004
Messages
7,986
Gender
Undisclosed
HSC
N/A
I so totally couldn't have given a damn about BBA111, even before it started. Sorry, BBA111 *pats it*

Although it did turn out to be alright, bangbangbang, colour in the little circles, and it was all over. Thanks to a pre-exam skimming of textbook, I even knew some of the answers this time ;) Clairegirl - yeah, the CA degree is generally muchos awesome. But damn, accounting sucks. From a theoretical perspective, there is NO REASON why we should study accounting from the bank's point of view (in regards to debits etc). Total seriousness. Additionally, there was - and is - a heck of a lot of assumed knowledge which us CA students just don't know.

In my opinion the course should be restructured, it already has a considerable fail rate (it's about 20%, although after considerable 'debating' with this year's batch - we're vocal like that -, he wants to pass us all) and doesn't really teach us anything useful. I figure a more "realistic" approach to accounting as WE would use it in real life would be more beneficial, as well as a few lectures spent on demonstrating how WE come across accounting in our everyday lives - not straight into "now if an accountant does __________, why is it wrong? Who does it affect?" *ends rant*
 

The_Adonis

Member
Joined
Oct 20, 2003
Messages
60
Location
Carlingford
Gender
Male
HSC
2003
101 bar cash flows was fine, for cash flows it was just like for me to get everything i could that i knew and put it there, should be adequate for a large proportion of marks and told myself not to worry about it balancing.

But yeah, that bad debts quesiton, look at how much space i got and was like "you serious?"

Same with workin out the cost of the asset for depreciation....it was half a page for like 3 lines..
 

p.r.i.n.c.e.s.s

mademoiselleN
Joined
Apr 7, 2005
Messages
79
Location
N.R
Gender
Female
HSC
2003
Sweet Lemon:

I thought about ur "questions about accg101" thread when I was doing the cash flows part with "Proceeds from Sales of shares in bright industries" and "issue of shares" !

I got a bit confused despite knowing the differences :S and had to use the whitener over and over again on the pink paper!
 

pb

Inside The Hollow
Joined
Jan 20, 2004
Messages
775
Location
Westie!
Gender
Female
HSC
2003
i reckon! half a pafe for working out the cost of something ... i was like do i need to write more?

i dont think i did well in accg101 :(
 

Tabris

Member
Joined
Mar 16, 2004
Messages
806
Gender
Male
HSC
2004
Did anyone get the statement of cashflows to balance?

I wrote in the figures which are correct, but i am positive i did soemthign wrong or elft out something, so i left net cash flow incomplete, it didnt balance when i n added it back onto cash at bank

I tried to scrape a few marks by adding in a reconciliation statement and i was way off, hopefully they engative mark if u included something wrong , i jsut wrote in as much as i could that i think it is correct.

It seems to me that they cut and pasted some figures out of textbook from different questions, I think that way it couldnt balance at all? but my friend balanced hers and cashflows should balance shouldnt they? Unless Chris and Susan was fooling us all along
 
Joined
Apr 3, 2004
Messages
7,986
Gender
Undisclosed
HSC
N/A
redruM said:
dont bash accounting. :eek:
Oh, my issue's more with how they teach it to CA students more than anything else :)

To clarify, when I say "accounting sucks", I'm more or less referring to ARTS105 specifically. :)
 

steveagle

New Member
Joined
Nov 13, 2005
Messages
16
Location
Brighton - the bestest suburb!
Gender
Male
HSC
2004
Tabris, same thing happened to me. Me and my friend were quite cheerful despite the fact that ours didnt balance. That was until we met another friend who got hers to balance.
 

Tabris

Member
Joined
Mar 16, 2004
Messages
806
Gender
Male
HSC
2004
As long as Amy doesnt get it balanced i am ok, :)

:rolleyes:
 

Sweet_Lemon

Final Sem'
Joined
Mar 1, 2004
Messages
1,447
Location
Metro SYD
Gender
Female
HSC
2004
p.r.i.n.c.e.s.s said:
Sweet Lemon:

I thought about ur "questions about accg101" thread when I was doing the cash flows part with "Proceeds from Sales of shares in bright industries" and "issue of shares" !

I got a bit confused despite knowing the differences :S and had to use the whitener over and over again on the pink paper!
The proceeds from sale of shares is given in the performance, and bright industries sale of shares seems to be a different figure to the performance one.

issue of shares is for financing activities, changes in Share capital...
 

p.r.i.n.c.e.s.s

mademoiselleN
Joined
Apr 7, 2005
Messages
79
Location
N.R
Gender
Female
HSC
2003
Tabris said:
Did anyone get the statement of cashflows to balance?

cashflows should balance shouldnt they?
*BIG GRIN* Needless to say how excited I was when it did!!!!!!!!!!
Ok. I shouldn't be that excited actually because we studied cash flows briefly last yr when we did accg105.

yeah cash flow should balance unless :
1. there is theft/fraud in real life, falsifying of records etcc.
2. Chris made a typing mistake when setting the question.
 

CrashOveride

Active Member
Joined
Feb 18, 2004
Messages
1,488
Location
Havana
Gender
Undisclosed
HSC
2006
math133 was pretty easy, but i forgot how to do the vector question and i didnt bother learning group theory but still expecting D.
 

AsyLum

Premium Member
Joined
Nov 13, 2002
Messages
15,899
Gender
Undisclosed
HSC
N/A
RIP DAI *sniffs* (just turned on sigs again today hehe sorry)
 

AcStyle*

Believe in Desire
Joined
Oct 20, 2003
Messages
840
Location
Anfield Road
Gender
Male
HSC
2003
AsyLum said:
RIP DAI *sniffs* (just turned on sigs again today hehe sorry)
Yeah its really sad, their very last concert is this friday at Nippon Budokan...damn never got the chance to see them live :(

Theyre all off doing new projects now, but i dont think it will be the same...i miss the old DAI days.

*listens to 陽のあたる坂道*
 
Last edited:

Users Who Are Viewing This Thread (Users: 0, Guests: 2)

Top