• Skip to primary navigation
  • Skip to main content
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA AFM:
  • AFM Notes
  • AFM Lectures
  • AFM Revision Lectures
  • AFM Forums
  • Ask the Tutor
  • Ask AI (New!)

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

Employability and Technology Skills – ACCA Advanced Financial Management (AFM)

VIVA

1 Introduction

The ACCA has introduced this new section into the syllabus for all of the Applied Skills and Strategic Professional examinations now that all the examinations in all locations will be computer based.

However, it does not require the same sort of learning as for other syllabus areas because it is primarily focussed on ensuring that students are capable of using the Computer Based Exam software.

The level of skill needed to be able to use the CBE software can also be beneficial for your employment.

Many students will already have a high level of skill on computers and be familiar with the use of word processors and spreadsheets. However, those provided in the exam software might not be identical to those that you are familiar with and, in addition, it is essential that you are able to navigate the software efficiently so as not to waste time in the exam.

There are many excellent resources available on the ACCA website to assist you, and so in this chapter we will direct you to some of the relevant ACCA pages and explain their importance.

2 Navigating the exam and the tools available

The exam screen has a top bar and a bottom bar.

On the top bar there are options to call up an ‘online calculator’, to call up the ‘scratch pad’, and to ‘flag for review’.

The online calculator is used in the normal way and can be switched at any time between a basic mode and a scientific mode. You can use your own calculator instead provided that it does not store or display text.

The scratch pad can be used to make notes and do your own rough workings, but nothing written on the scratchpad will actually be marked. You will also be provided with paper if sitting the exam in an exam centre and so you can use this for workings instead – the paper will be collected in at the end of the exam but, again, nothing on this rough paper will be marked. (Note: if you are sitting the exam remotely then paper is not allowed and you can only use the scratchpad.)

The ‘flag for review’ option enables you to put a mark against a question to enable you to quickly come back to it again later. This is for questions where you are unsure about your answer and want to do more work on it later should there be time.

On the bottom bar are the arrows for moving forwards or backwards through the questions. In addition there is a ‘navigator’ option which when chosen displays a list of all of the questions enabling you to go straight to a particular question. 

Finally there is the option of calling up the formula sheet and tables  (which are online copies of the sheet that is printed at the front of these lecture notes).

You can watch a video illustrating the use of all these features by visiting the following page: 

https://www.accaglobal.com/gb/en/student/exam-support-resources/professional-exams-study-resources/p4/cbe-preparation.html

and clicking on the link to “CBE workspace management video”.

3 Section A of the exam

This section comprises one 50 mark case study in which you will be required to prepare a report or similar business document and perform calculations on the information given in the question.

For calculations the program provides a spreadsheet in which to enter your calculations. For efficiency you should make use of the functions and formulae available in the spreadsheet (you do not need to type out separately the formulae used – the marker will be able to see them).

You can find details of the functions and formulae that are available in the ACCA booklet linked in section 5 of this chapter.

For the report you are provided with a word processor and, again, details of the functions available such as underlining and ‘copy and paste’ are in the ACCA booklet.

4 Section B of the exam

This section comprises two 25 mark questions and each question will contain a combination of calculation and written parts.

As with Section A you will be provided with a word processor and a spreadsheet.

5 ACCA Resources

You will find many resources on the ACCA website and the more you refer to the better.

Go first to the following page: 

https://www.accaglobal.com/gb/en/student/exam-support-resources/professional-exams-study-resources/p4/introduction.html

On this page, under the heading “Resources” you will find a link to download “AFM essentials on one page”. Clicking on this will download a useful small chart headed up “How to approach 

Financial Management”. One of the headings on this chart is ‘Links to support resources’ and clicking on each of the items listed in turn will take you to more detail. Each of these ‘Key Resources’ is worth reading.

In addition it is important to visit the following page:

https://www.accaglobal.com/gb/en/student/exam-support-resources/professional-exams-study-resources/p4/cbe-preparation.html

On this page you will find useful information, but also towards the bottom of the page you will find a link to “CBE Guidance Document”. This will download a leaflet which details everything about the CBEs including, importantly, a list of the functions and formulae available in the spreadsheet and the word processor (and how to input the formulae in the spreadsheet).

On the same webpage, there is information on how to access the CBE specimen and practice exams – it is essential to use these resources in your exam preparation.

7 Revision Kit Live

On our main Paper AFM page you will find a link to a section called ‘Revision Kit Live’ in which you will find lectures working through several past exam questions. It includes a lecture working through the whole of question 1 from a computer based exam, not just explaining the answers but importantly the approach to CBE.

Reader Interactions

Comments

  1. kasobi says

    April 26, 2023 at 10:47 pm

    Thank you very much for the lectures sir.

    I’m about to have a look at the revision kit. However, from a first glance, i note the revision kit live has just past papers of 2013/2014. Am i not at the right page or it is what it is and that will be sufficient? Also, what about the link to the lectures working through a question from the CBE

    Thank you

    Log in to Reply
    • John Moffat says

      April 27, 2023 at 9:14 am

      No – our ‘revision kit live’ questions are not sufficient. They are just to show how to approach exam questions.

      It is essential that you buy a Revision Kit from one of the ACCA Approved Publishers. It is full of past exam questions for practice.

      Log in to Reply
      • kasobi says

        April 27, 2023 at 8:06 pm

        Thank you very much sir.

  2. John Moffat says

    May 26, 2022 at 6:37 am

    Thank you very much for your comment 🙂

    Log in to Reply
  3. BASARMUNSIF says

    May 25, 2022 at 6:34 pm

    During my entire ACCA study, I have most of the time relied upon open tuition. Easy to learn, very well explained, very well organized notes. Simply best and enough guidance for passing paper. Studying from here I am left with just one last paper and credit really goes to open tuition. I am really thankful for all the teachers who teach on this platform and for the organizers of open tuition website.

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in