Acca epsm unit 8 accountancy department costs quiz

Acca epsm unit 8 accountancy department costs quiz. Calculate the forecast post-exit (after MEXIT) accounting department costs as a percentage of sales on the assumption that all staff who resign, pre-MEXIT, are replaced. ppt / . Aug 21, 2023 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. March 30th 2024 AN ACCA USER. End of unit activity. Feb 26, 2022 · strategic options identified by the sub- committee strategic option 1- cost reduction • cutting costs is a key strategy to turn around. Can anyone please help me wit it. You need to calculate the effect on profitability of implementing each of the options you are asked about and not to calculate the actual updated profit after the option has been implemented. Please help me out if you can. c) Deciding on who to retain. pdf), Text File (. ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. Nov 29, 2023 · Option A Retaining accountancy staff in-house, Staff members who resign leading up to MEXIT are n The retained accounting staff post-restructure, will be of the remaining accountancy department staff, due Head of accounting (unchanged salary) + 2 Fully Qu Option B Outsourcing Telford Engineering has identified a global business of payables, receivables, payroll and credit contro Outsourcing Nov 19, 2019 · Hi, Is anyone else having issues with the ethics and professionalism module you do direct with ACCA (the new one from Nov 2017) I am stuck on the final 6 questions (strategic options) where you have to calculate the profit based on certain business routes taken. com Telford Engineering's financial statement shows sales of $8 million with total costs of $6,560, including $2,000 for materials, $3,000 for staff costs across different departments, and $1,560 for other costs like overheads, distribution, general administration and finance. Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. a) Redundancy planning. NURS4032 epsm acca unit 8, 9 or 10HI, IF YOU NEED ANY HELP IN ANY UNIT OF EPSM ACCA specially unit 7,8,9 and 10 of epsm acca, KINDLY CONTACT AT dapurette@gmail. Section 11: Human resource planning. Even if a formula for a guide to the answers would really help. #EPSM. Thank you so much FURTHER INFORMATION Assumptions: 1 Exit from CETA takes place in one year’s time. Viewing 20 topics - 1 through 15 (of 107 total) a) Re-organisation of the accounting department. This qualification grants you membership and signifies a valuable investment for the future. Enter the accountancy department costs for Option A (to the nearest $M’000). com Mar 29, 2021 · Here's a little more info for those of you working on Unit 8 of the EPSM module - we hope this helps your understanding of the section. August 28th 2023 AN ACCA USER. I don’t currently have access to this unit but I would say “impact” should be difference because it is asking for the effect. To earn ACCA membership, you must qualify for EPSM ACCA. A community for fans of the critically acclaimed MMORPG Final Fantasy XIV, with an expanded free trial that includes the entirety of A Realm Reborn and the award-winning Heavensward and Stormblood expansions up to level 70 with no restrictions on playtime. 1 Reply +2 Votes. Jul 19, 2023 · Hi, I got stuck in EPSM unit 7. If you have read the posts on this thread you should know that I do not have the answers to give you and I and ACCA would ask you to REFLECT on the ethical and professional issues raised by your request. This post has been hidden 131 student(s) online now Back to Posts Aug 13, 2023 · Hello all, I am struggling with the accounting department cost quiz in the EPSM unit 8. But when i insert my answer either the difference between post and new profit or only the net profit after post mexit, my answer still wrong. pdf from AA 1. We would like to show you a description here but the site won’t allow us. I couldn't even understand what I should figure out (Calculate profit, profit margin?). Thanks. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. Login to answer. I have already spent several day on it. g Distance of 150 x 234. This unit is about explaining the links between EPSM and SBL and other Strategic Professional exams and how EPSM supports learning at Strategic Professional. txt) or view presentation slides online. ACCA New EPSM answers about unit 7 and unit 8 calculation answers. If you work through the explanations in the illustration earlier in the unit you should be able to work these Qs out. I'm stuck with answers, not getting any of them correct. The ACCA Learning Community. Jun 1, 2024 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Section 12: Strategic planning Jan 23, 2020 · Please look at my earlier posts on this thread. Section 12: Strategic planning Answer to Enter the accountancy department costs for Option B: Incorrect X. Yes – if prompt is $’000 you give answer to nearest 000 – so 100 in your example. This module supplements your technical knowledge by helping you develop the ethical and professional behaviours you’ll need to successfully complete your Strategic Professional exams as well as preparing you for a successful career as a trusted and confident professional accountant. epsm unit 8. Outsourcing would mean that 40% of the other non-staff accounting department costs could be saved each year. Thanks Mar 17, 2021 · Ethics module unit 8 - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams Please guide what is the Nov 29, 2021 · Please, can some one help guide me with formulas for answers of Q1, 2 and 3 of Screen 1 of 1 under creating a report (Integrated key study scenario of Unit 8 of EPSM). thank you Our ethics modules. d) Redundancies within the accountancy department quiz. They must use the skills learned throughout this unit to make Mar 3, 2020 · Hi Rupesh, i am stuck at this step- the answer to the 6 strategic options, would you be so kind to share with me your findingsstrugling to undertsand what the qs are asking of memany thanks. Unit 8 Quiz, calculating the cost under inhouse or outsourced options Dear Everyone, hope you are doing well. Login to answer Jul 19, 2023 · Precious may you assist with unit 8, how did you calculate the accountancy cost quiz EPSM Unit 8 Presentation. I do not know where I am going wrong when I am attempting the first question. Taken in your own time, completing your ethics module will support your ethical decision making and enhance your professional skillset. Prioritising, organising and managing time effectively. It provides you with the skills to be able to suggest imaginative solutions to problems to create competitive advantage within the context of suitability, feasibility and acceptability. Section 12: Strategic planning Forums › Ask ACCA Tutor Forums › ACCA Ethics and Professional Skills Module This forum has 102 topics, 664 replies, and was last updated 20 hours ago by Kim Smith . Section 8: Unit summary This unit of the module introduces the concept of commercial awareness as the ability to view situations from a commercial or business perspective, considering factors that influence the success of a business and an understanding of the business processes, relationships, risks and costs. Option 2 would May 19, 2024 · Still unable to work out 2 and 4 though but at least I can move past the quiz. May 2, 2020 · EPSM (Unit 8: Integrated Case Study (Stragic Planning) - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests and Forums for ACCA Need help for EPSM Unit 8 Analysing the 6 strategic options!!! It''s so hard for me to solve it :. b) Meeting with CFO to discuss options. #STUDY BUDDY. can any one help me with the answers of about accounting department costs option a Apr 8, 2021 · Hi Indra, I have tried calculating Q3 net profit after deducting the mention staff cost saving. I completed every question parts even after peer reviewing the presentations and still dont have clue what I have to do now. Section 12: Strategic planning development quiz Section 8: April’s story a April’s story Section 9: Unit summary a Unit summary PERSONAL EFFECTIVENESS Summative assessment – the learner is faced with a challenging task where they are asked to guide April, a member who wishes to progress in her career. Can someone help me with the correct answers? This unit is about encouraging open-mindedness and innovative thinking. pptx), PDF File (. Section 12: Strategic planning a) Re-organisation of the accounting department. This results in a net profit of $1,440,000. txt) or read online for free. you can email me on ivannsimbi33@gmail. please help This unit of the module introduces the concept of commercial awareness as the ability to view situations from a commercial or business perspective, considering factors that influence the success of a business and an understanding of the business processes, relationships, risks and costs. Thx so much! Jul 12, 2024 · Hi Please can someone help me with ESPM Unit 8 Accountancy department cost quiz. Why choose to study ACCA? ACCA accountancy qualifications; EPSM unit 1 syllabus. a) Re-organisation of the accounting department. • this is essential following mexit as we need to have free cashflows for us to meet our short-term obligation and ensure our liquidity position does not detoriate. Oct 8, 2022 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. The unit also helps you maintain professional competence and pursue life-long learning. So I can complete the unit. For more information on the syllabus and structure read our EPSM syllabus guide . pdf. Jul 3, 2024 · Hi, are you done with the module? could you please help with the accountancy staff cost. Section 8: Unit summary EPSM Unit 8 - Section 8 Strategic Planning Evening all, I finding it hard to grasp this section of the unit. - Free download as Powerpoint Presentation (. Showing the workings and answers of the quiz in unit 8 of EPSM For more videos like this, please like and subscribe 😁. The members version has 8 units, as they do not have access to the support for Strategic Professional exams unit (9) nor the final assessment unit (10). All students must complete the relevant ethics module as part of their chosen qualification path. You need to correctly identify the intercept value and x1 to x4 in the spreadsheet. Jun 12, 2024 · Hi, I am struggling with EPSM Unit 8, Accountancy department cost quiz, could you please help me with this? June 12th 2024 AN ACCA USER. can you please kindly assist. Feb 19, 2024 · I have been trying to solve the Question from unit 8. 1 - Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Option 1 would leave the department with a head of accounting, 2 FQ accountants, 3 PQ accountants, and 4 technicians at 10% higher pay plus 25% extra in costs. Settings; Login; epsm unit 8 +1 Vote. This question was created from 8 ACCA EPSM UNIT 8 INTEGRATED CASE STUDY. Unit 8 Strategic Options Presentation PDF - Free download as PDF File (. test prep. thanks. Section 12: Strategic planning This post has been hidden 72 student(s) online now Back to Posts Aug 16, 2023 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Apr 11, 2020 · EPSM Unit 7 Q2 and Q4 - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams Dec 25, 2020 · anyone got the answers to Question in Unit 8 of EPSM Module. Mar 16, 2022 · Dear all, I stuck in Unit 8: Analysing the 6 strategic options, I tried many times to work out the answers but still cannot pass the total six questions. 5 6 7 Assume all other costs are fixed in respect of sales volume. docx. Settings; #EPSM. Jan 19, 2020 · Please note that the ask the tutor forums are a free service – not a 24/7 answering service. I don't know where I'm going wrong and I've been on this for a day now. If anyone has good advice, I would appreciate. 2 3 4 Fall in export volume is a one-off reduction due to MEXIT. please help View 8 ACCA EPSM UNIT 8 INTEGRATED CASE STUDY. Aug 24, 2021 · I completed my EPSM unit 8 - Integrated case study but still shows 88 %. you should use the net profit Apr 9, 2022 · Unit 8 Section 6: Accountancy group cost option A and option B Cost. July 12th 2024 AN strategic options identified by the sub-committe strategic option 1- cost reduction • cutting costs is a key strategy to turn around. If anyone can please help me with this issue. Jan 5, 2020 · Hi isabelber. Dec 20, 2023 · 2. Is anyone available to walk we through the exercise. As stated above I am unable to give you the answer, but if you add the intercept value + each of the values stated in the question multiplied by their corresponding coefficient values, this should get you to the answer (e. Sep 4, 2022 · Well, I'm stuck in Analyzing the 6 strategic options in EPSM Unit 8. Mar 24, 2021 · Thanks for your understanding - ACCA Community Manager. Aug 13, 2023 · I am struggling with the accounting department cost quiz in the EPSM unit 8. Introduction. Retagged August 28th 2023. Ethics and Professional Skills Module. . Retagged June 12th 2024. Telford Engineering is considering two options for its accounting department following expected resignations: 1) Retaining staff in-house at increased salaries or 2) Outsourcing most functions to an offshore partner. April 9th 2022 AN September 21st 2022 AN ACCA USER. Section 12: Strategic planning Jan 31, 2024 · Ask ACCA Tutor Forums ACCA Ethics and Professional Skills Module. However, the final assessment has a two-hour time limit. Aug 6, 2023 · I am having trouble with my calculations for EPSM Unit 8, Accountancy Department Costs Quiz – Option A: Restructured In-House. does anyone know how to solve this EPSM question of Unit 8 Accountancy department Quiz Increasingly, and rightly, clients are demanding accountants that are well versed in the latest ethics of accounting practice. 9566375, + population This unit of the module introduces the concept of commercial awareness as the ability to view situations from a commercial or business perspective, considering factors that influence the success of a business and an understanding of the business processes, relationships, risks and costs. c) Accountancy department costs quiz. 1-Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. b) Redundancy planning quiz. Mar 17, 2022 · Even i am stuck with this part! did you find any answer? We would like to show you a description here but the site won’t allow us. State your answer to the nearest whole percentage and do not include any symbols, for example "21" Information on the syllabus content and structure for unit 8 of the Ethics and Professional Skills Module. Section 12: Strategic planning Jun 28, 2021 · EPSM Unit 8 HELP!!! Hi Need some help on epsm on calculating - June 28th 2021 AN ACCA USER. Aug 28, 2023 · Can anyone please help me with the answers on the organisational restructure of unit 8 #EPSM. Thank you in anticipation. The unit explains what the Strategic Business Leader and other Strategic Professional exams require in terms of professionalism and how EPSM helps students prepare for these exams. Apr 24, 2020 · Hi! As Kim mentioned earlier there are 4 elements of the total accounting cost for Option B: – The outsourcing cost: 292 – Redundancy cost: 25% of the current annual salaries of the redundancy – but here you have to take into account those who plan to leave before Mexit as the company do not have to pay any redundancy cost after them (this information was in the first spreadsheet) Aug 15, 2023 · Hi guys, I am struggling with unit 8 department cost assessment. Jan 9, 2024 · UNIT 10: EPSM FINAL ASSESSMENT; The ACCA EPSM module can be completed at any time. Aug 16, 2023 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the outsource option (B); to assess which option will be most economical for Telford Engineering in the future. Enter the accountancy department costs for Option B: Incorrect X quiz 5. I am stuck on this quiz and tried many times but didn't find the correct answer, can anyone please help. Hence, I'm here to find some suggestions or solutions about the MEXIT scenario. By being grounded in real business examples and covering the full range of advanced ethical and professional skills, the Ethics and Professional Skills module gives you a real edge when applying to discerning potential employers. Section 12: Strategic planning The total cost of making the staff redundant under the outsource option is estimated to be 25% of their current annual salaries. Accounting work is usually dependent on tight deadlines, particularly when there are requirements to produce financial reports by due deadlines and to comply with law. EPSM Unit 8 strategic option quiz 2 As a result of MEXIT, Telford Engineering had lost 30% of its pre-MEXIT export sales to CETA customers, due to increased trade and tariff barriers with CETA. The document outlines four strategic options identified by a subcommittee: 1) Cost reduction through outsourcing accounting and finding domestic alternative suppliers. #COMMUNITY. (See P/L account before MEXIT in the spreadsheet). thank you The ACCA Learning Community Dec 12, 2023 · The ACCA Learning Community. This unit of the module introduces the concept of commercial awareness as the ability to view situations from a commercial or business perspective, considering factors that influence the success of a business and an understanding of the business processes, relationships, risks and costs. If anyone managed to pass the assessment. I'm trying to get the answers to the Integrated Case study questions in unit 8 of Professional Ethics Module. Please help on Unit 8 Accounting department costs. Does anyone know the answers to the p/l or could give me a nudge in the right direction would be great. Objective of ACCA EPSM. I would like some help with questions 1,2,5,6 . ftmvm kokn zppv hnuedyrw pbpxh tdp cnft dwhy zthyiq ruabq