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FRS105 Exam

  • Member PM.Dip
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Hi Just after some advice from people that may have already done it. I want to take the Level 4 FRS105 exam to be able to submit final accounts but can't see a mock exam for it. I've already done the M7 mock as I thought this was the paper I would need to do and the content for both exams looks very similary the only difference is the submission part. Any ideas?

Thanks

  • Member PM.Dip
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  • # 118222

wellerbp said:

Hi Just after some advice from people that may have already done it. I want to take the Level 4 FRS105 exam to be able to submit final accounts but can't see a mock exam for it. I've already done the M7 mock as I thought this was the paper I would need to do and the content for both exams looks very similary the only difference is the submission part. Any ideas?

Thanks


 Hi The Level 4 FRS105 mock exam is located in the following area of the ICB Shop

https://www.bookkeepers.org.uk/Shop/Mock-Assessment-Optional-Units/Level-IV-Financial-Management/

Level IV certificate in Micro Entity accounts under FRS105

Best of luck with the mock and the exam

  • Fellow PM.Dip
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  • # 118223

wellerbp said:

Hi Just after some advice from people that may have already done it. I want to take the Level 4 FRS105 exam to be able to submit final accounts but can't see a mock exam for it. I've already done the M7 mock as I thought this was the paper I would need to do and the content for both exams looks very similary the only difference is the submission part. Any ideas?

Thanks


The content of the M7 and the FRS105 are quite different mainly because of the taxation element and of coruse the recognition of the line items as per the standard for accounting purposes
If you have previous and/or additional knowledge around te standard, chargeable gains, company capital allowances and other elements affecting the corporation tax calculation I'm sure you will be fine but in case you haven't, what you might be able to put together from M7 is probably around 20% of the points perhaps
I hope this helps.

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Applegarth said:

wellerbp said:

Hi Just after some advice from people that may have already done it. I want to take the Level 4 FRS105 exam to be able to submit final accounts but can't see a mock exam for it. I've already done the M7 mock as I thought this was the paper I would need to do and the content for both exams looks very similary the only difference is the submission part. Any ideas?

Thanks


 Hi The Level 4 FRS105 mock exam is located in the following area of the ICB Shop

https://www.bookkeepers.org.uk/Shop/Mock-Assessment-Optional-Units/Level-IV-Financial-Management/

Level IV certificate in Micro Entity accounts under FRS105

Best of luck with the mock and the exam


Is there more than one Mock Exam paper for this? 

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