Those of you that are attempting the June 2015 ACCA exams will no doubt be feeling a mixture of emotions.
Some of you will be fully confident of passing although probably the majority of you are only hopeful of passing at this stage and are frantically trying to cram as much knowledge into your heads as possible by undertaking some last minute revision before the exams next month.
One of my students at a recent session was unfortunately ill during the run up to the exams and wasn’t feeling at all confident entering the exam hall. Pleasingly he managed to pass his exams and when he told me he the good news he referred to it as his “great escape”.
Hopefully you’ll be successful in your exams and won’t be relying on a “great escape” when you sit your papers but we’ve now released our ACCA exam tips for the June 2015 ACCA exams and the link to them is at the bottom of this blog post.
For those of you interested in seeing an example of a “rubbish escape” as opposed to a “great escape” the video below of two prisoners trying to escape from a New Zealand court makes nice viewing.
Good luck with your final revision and here are the June 2015 ACCA exam tips (after selecting this link, click on the paper you are interested in and the exam tips are on the right of that paper’s page).
https://www.theexpgroup.com/wp-content/uploads/2018/06/styleguide-EXP-4.png00Stevehttps://www.theexpgroup.com/wp-content/uploads/2018/06/styleguide-EXP-4.pngSteve2015-05-27 09:40:512015-05-27 09:40:51ACCA exam tips released. Will you have a great escape or a rubbish escape?
The Institute for Religious Works, or as it’s more commonly known “the Vatican Bank”, has just released its latest set of accounts and they show a sharp increase in profits.
The bank has just reported net profits of €69.3 million for 2014 which compares very favourably with the corresponding figure of €2.9 million in 2013.
So what has caused the turnaround?
The bank has reported that the improved figures were as a result of a fall in operating expenses together with higher income from trading in securities.
Last year, the management of the bank was replaced as part of a clean up ordered by the Pope to remove corruption in the bank. The reforms also involved the bank bringing in anti-money laundering experts to screen all the accounts to ensure they comply with international laws governing the banking sector and the bank’s new standards for clients. Over 4,000 accounts have now been closed since 2013 and whilst the majority were dormant accounts, 554 accounts were closed because they did not meeting the bank’s new standards.
President of the Board of Superintendence, Jean-Baptiste de Franssu said that “The long-term, strategic plan of the Institute revolves around two key objectives: putting the interests of the clients first by offering appropriate and improved services and by de-risking the activities of the Institute”.
In summary, the bank seems to be doing much better now. If you are interested in opening an account with the bank though it’s worth noting that the use of the bank is limited to clergy, Vatican employees and staff at its embassies. There are now reportedly over 15,000 clients on the banks books.
More details on the Vatican bank’s accounts can be found here.
https://www.theexpgroup.com/wp-content/uploads/2018/06/styleguide-EXP-4.png00Stevehttps://www.theexpgroup.com/wp-content/uploads/2018/06/styleguide-EXP-4.pngSteve2015-05-24 09:36:422015-05-24 09:36:42The Vatican Bank releases their results.
We all do it every day at the office but I’ve never heard of anyone publicising it in the way this gentleman did.
Everything at the city council meeting in Georgetown, Texas was completely normal and serious until Mayor Dale Ross broke away from the meeting for a bathroom break.
Nothing unusual there I hear you say.
Unfortunately for the mayor though, during his haste to go to the bathroom he forgot that he was wearing a wireless microphone.
Thirty seconds after leaving the panel and just as Rachael Jonrowe was talking about friends and family members who had contracted antibiotic resistant diseases, the Mayor can be heard urinating and then flushing afterwards courtesy of the microphone which he left on.
It’s a valuable lesson for all of us if we were ever to wear a wireless microphone at an event and it was too much for Ms Jonrowe who despite her best efforts couldn’t control her laughter.
What was also interesting was that there was no sound from the microphone of the Mayor washing and drying his hands. Maybe he was so keen to rush back to proceedings that he simply forgot to wash its hands??
Mistakes happen but unfortunately for Mayor Ross the meeting was being streamed over the Internet.
This though was not the type of “live streaming” that anyone was expecting.
The video of the event can be seen below.
https://www.theexpgroup.com/wp-content/uploads/2018/06/styleguide-EXP-4.png00Stevehttps://www.theexpgroup.com/wp-content/uploads/2018/06/styleguide-EXP-4.pngSteve2015-05-05 09:18:582015-05-05 09:18:58You don’t want everyone to know about it…
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