Official Accounting Exam Discussion

[costargh]

Holy cow. that was ridiculous. i hope everyone else found that as hard as i did. that was off the face of vce accounting planet.

i cant believe it.

thank god i started with the account reconstructions on question 2 cause they took sooo long to do (at least i probz got them right).

fuck im so upset. my enter is screwed now. i cant believe this.

[toomoo]

Jackassssss

[shadezofemerald]

i'm crying!! totally off my expectation, got 3 panic attacks..so depressed!!!!!
on the other hand i hope it was hard for everyone else to so my bad result wouldb't be so bad..if it makes any sense!?
i onli got one ledger recontrustion and stuffed the depreciation question...boooohoooooo!!!

[costargh]

yeh i gotta say. i hope eveyrone else found it hard. otherwise my enter is fucked.

[Noblesse]

Was MUCH harder than I expected, but overall not too bad. Although WTF WAS WITH THAT PREPAID SALES REVENUE QUESTION. ARGH that threw me off.

[shadezofemerald]

n there goes my 40 + study scores, i wanted it as my top 4 too..
...i guess i have to accept it....shit happens, not much use cryin over it...
now, i better study for methods, oh yea........

[costargh]

SURELY the A+ grade grade would drop from 2007!!!

Last years exam was 77.5/90 for A+ and this years exam compared to that was MUCH harder IMO.

I'm tipping a fall to around 74/90 (keeping in mind that the midyear A+ was 76/90 and compared to this, this exam was WAYYY harder)

[deebz]

WTF Westgate is looking more appealing, the 07 Exam of Accounting was so simplistic and all of a sudden VCAA implement the bullshit and create an exam that was far off any practice exams I have done. Although i'm not that distraught I think my possible exam score could be at minimum C+ maximum B even though I have been averaging the A+ in SAC's In semester 2 and A in Semester 1 and recieved a B+ for Semester 1's exam. Thank you VCAA now I might face possible employment at the garbage disposals.

[ben4386]

Hi guys

it was difficult in some aspects but overall it wasn't too bad. that big table with increase , decrease no effect was nasty, took quite a lot of time, and they didnt give you enough room in the bank ledger so u had to limit it to cash receipts and cash payments and balances.

[costargh]

Yeh, but the things u found difficult , i found difficult. Just the attitude is differnt. I dont like finding ANYTHING difficult in accounting and when i do (on a number of times in this fucken exam) it makes me cut and pessimistic.

[shadezofemerald]

about the cash receipts and payments, i realised that you had to sum them up and write one figure each in but i thought..geez soo much working out i skipped and continued with the next question coz if i dwelled on that i would've lost more marks. I just hope i earned enough marks to get a B...at least a B that is....

[ash_dhs]

Yeh, but the things u found difficult , i found difficult. Just the attitude is differnt. I dont like finding ANYTHING difficult in accounting and when i do (on a number of times in this fucken exam) it makes me cut and pessimistic.

lol, got the same attitude here, especially when sacs are 514515 times easier
it was a difficult exam, but now that i think about it, only a few parts were hard
i thought the mid year was hard, but this was called HARD
thats what we have to expect i guess
how did yous all go??
finish or what?
i guess no use crying about it, atleast we tried our best..
did anyone else run out of room on the bank ledger reconstruction..

[cobby]

Jackassssss

noooott random at all

[costargh]

The bank ledger reconstruction u had to use cash receipts and cash payments as the cross reference. i did the reconstruction first so i shood have got it all right.

did everyone remember to include the accrued commision rev in the receipts for bank, cause it said at the end oft he period there was to be no accrued or prepaid expenses left?

[*Roxxii*]

Hmm...yea i agree it was quite difficult.
I found the account reconstruction pretty hard, as you couldn't fit all the cash payments in the bank ledger and there was no extra room to do working out.
Overall, i'm pleased with how well i handled this exam given its difficulty, although there are some things i think i approached the wrong way.
That big table with increase, decrease or no offect was like giveaway marks, almost a whole mark for one word.
But i rushed that and stuffed that up, and spent more time on things worth less marks and took MUCH longer

Oh well, its over now. I'd be happy with an A on this one.