Please Note ACCA Exam Tips should not be relied on – they are only intelligent guesses.
Their only purpose is to give you suggestions for topics to concentrate on in your last few days of preparation.
Do not exclude other topics from your overall preparation.
Tips for ACCA F1 – F3
No exam tips available – Multiple choice questions cover entire syllabus
Tips for ACCA F4 Corporate and Business Law (Eng)
Numbers in brackets indicate question to practice from BPP Revision kit
Precedent, ratio and obiter (6)
Consideration (24)
Terms (28)
Lifting the veil (63)
Resolutions and meetings (84)
Redundancy – explanation and rules (48
Auditors – qualifications, duties and powers (94 and 95)
Invitation, offer, counter-offer, scenario
Directors’ appointment and removal (88)
Alteration of Articles and binding force (69 and 70)
Compulsory and voluntary winding-up (98)
Shares and debentures (75)
Bribery Act ( Student Accountant article )
Tips for ACCA Paper F5 “Performance Management”
Target costing / Lifecycle costing / Environmental Management Accounting (short written part)
Multi-product cost volume profit analysis
Budgetting (written part) / Time series / regression analysis
Planning and Operational variances
Performance measurement – financial and non-financial / Transfer pricing
Tips for ACCA Paper F6 “Taxation” (UK)
F6 is very predictable so no tips as such Practise as many exam standard questions as you can. Make sure you do to time.
After the 15 minute reading time you have 1.8 minutes per mark. If a question is split between part (a) 10 marks and part (b) 10 marks then only spend 18 minutes on part (a) and then move on to part (b).
Look at all the requirements of the question, can you answer an easy parts first, for example one part maybe standalone and on something very straightforward, so do this part first You do not have to answer the questions in the order they are set, if question 5 is the easiest do this one first.
Question 3 will be the hardest so leave this until last but make sure you leave 36 minutes to answer it. Do not panic if you can’t remember something in a question, don’t spend too much time trying to remember it, have a go or even guess. Then you can move on to other parts of the question. Above all you need 50% to pass, so find the marks you can do. There will always be more than 50% of the question which is examining core areas of the syllabus, only a few marks will be fringe areas, but you do not have to worry about these as you can find the 50 marks you need to pass.
F6 Exam tips from Kaplan / BPP
Tips for ACCA F7 Financial Reporting (INT)
q1 Consolidated balance sheet with subsidiary and associate
q2 Preparation of SoFP and SoI ( maybe Statement of changes in equity
too ) after making adjustments to trial balance or draft accounts
q3 Cash flow ( probably with an element of interpretation )
q4 Development expenditure – chat and short calculation
q5 IFRS9 – 10 mark chat
F7 Exam tips from Kaplan / BPP
Tips for ACCA Paper F8 Audit and Assurance (INT)
Q1 Inventory; stock count; computer assisted auditing techniques
Q2 Internal audit v external audit; parts of an assurance engagament
Q3 Corporate governance
Q4 Going concern and audit reports
Q5 Sampling
F8 Exam tips from Kaplan / BPP
Tips for ACCA Paper F9 Financial Management
1 Valuation of shares using PE ratio and using the dividend growth model (including using betas and using asset beta formula)
2 Investment appraisal – replacement and/or capital rationing and/or lease v buy
3 Receivables management (whether or not to offer discounts)
4 Part a) Rights issue and effect on some financial ratios
Part b) Foreign exchange risk management
F9 Exam tips from Kaplan / BPP
Tips for ACCA P1 Professional Accountant
q1 Internal control problems, role of the Chair, the contribution that neds
can make to corporate governance
q2 Corporate social responsibility – why and what
q3 Internal auditors and their role in managing risk
q4 Ethical problems – possibly a money laundering situation
possible question – instead of any of those last three – a numbers question
P1 Exam tips from Kaplan / BPP
Tips for Paper P2 exams
q1 Vertical group, maybe a “D” shape, Statement of Financial Position,
some ethics or corporate governance
q2 Accounting treatment, possibly complicated inventory or substance over
form – but it could be any IAS / IFRS / Framework-based question / Reconstructions
q3 “Various IAS accounting treatment” ( 3 or 4 different IASs rather than
a specific one as in q2 )
q4 Role of IFRS, the need for and an understanding
P2 Exam tips from Kaplan / BPP
Tips for ACCA Paper P3 Business Analysis
Q1 Normal appraisal and advice. Perhaps with takeovers and expected values
Q2 Marketing, particularly pricing
Q3 Project – project initiation documents and gateways
Q4 Strategic use of IT
Q5 Strategy and people
P3 Exam tips from Kaplan / BPP
Tips for Paper P4 Advanced Financial Management
Section A
Big investment appraisal / cost of capital calculation
Managing interest rate risk
Section B
Managing foreign exchange risk
Capital asset pricing model
Written on quantitative easing
P4 Exam tips from Kaplan / BPP
Tips for Paper P5 Advanced Performance Management
EVA
Non financial performance measures
Information needs of different business structures
Different approaches to budgeting; beyond budgeting
P5 Exam tips from Kaplan / BPP
Tips for ACCA P7 Advanced Audit and Assurance (INT)
q1 reply to an email from a partner about a new audit assignment /
assurance engagement planning exercise – maybe where there was a suspicion
of fraud last year and a change in management
q2 an ethical problem with conflict of interest implications
q3 roles and contrast of internal / external auditors, the need for and
justification of an internal audit function
q4 criticise an audit report
Make sure to read Lisa’s article from October 2011 student Accountant about “Completing the audit”
possible question – comment on the matters and identify the evidence you
would expect to find in the review process of an audit file
kamwadi says
anyone with p4 mocks exams from anywhere please
seachciao says
i appreciate your support and generous sharing.
admin says
@ angela
Tips should not be relied on – they are only intelligent guesses.
Their only purpose is to give you suggestions for topics to concentrate on in your last few days of preparation.
Do not exclude other topics from your overall preparation.
angelamupaso says
are they reliable i have never used them before but i am panicking this seating.. do they help???
joexp7 says
Plz download even for F7 asap
hamzazafar says
thnxx… 4 uR imp guEss
nomuzy says
thanks
kyoto99 says
need f9 tips.. ><
innocent_love6 says
icount exam tips
December 2011 exam tips for ACCA candidates
F4
Contract breach
Employment tests
Company articles and memorandum
Corporate governance
Loan capital
Limited liability
F5
Linear Programming
Analysing Performance using Financial and Non Financial Indicators
Activity Based Costing
Relevant Costing
Budgeting
F6
Adjustments to accounting profits to calculate income tax of a sole trader.
Corporation tax basic groups.
Chargeable gains for individuals or companies.
Accounting for VAT, including registration dates.
Income tax losses.
F7
Consolidated group accounts with parent, sub and associate – with intergroup trading, items in transit and FV adjustments.
Redraft of single entity accounts with adjustments 3. Statement of Cashflow with liquidity ratios.
EPS/Construction Contracts
Features of a finance lease, with computations.
F8
System deficiencies and controls
Corporate governance
Audit assertions and appropriate audit procedures.
Written representations
Ethics and safeguards.
F9
Net Present Value
Working Capital Management
Types of finance and WACC change in Business Risk
Analysing performance financial & non financial measures
PE and DVM valuations
P1
Transaction cost versus agency theories
Board committees
Risk management and the role of internal audit
Controlling organisational risks
Absolutist versus relativist ethical theories
Professional ethics
P2
Consolidation Statement of Comprehensive Income (with complex groups)
Consolidated Statement of Cashflow
Accounting treatment for Pension / Share based payments.
Current developments within IFRS’/IAS’
Financial instruments at FVTPL and amortised cost.
P3
Project management skills
Internal resources and competences
Supply chain management
Decision tree
Budgeting
Change management
P4
Overseas Net Present Value
Financing incorporating change in Business Risk
Black Scholes
Corporate failure
Interest rate risk management
P5
Quality measurement
PEST/Porters 5 forces
Incremental Budgeting
Public sector performance measurement
Activity Based Costing
P6
Advising on IHT mitigation with CGT aspects of lifetime gifts.
Corporation tax groups with VAT groups.
Sole trader trading losses.
Employee share schemes.
P7
Audit opinion
Evidence
Transnational audits
Business and financial statement risk
Ethics
Quality control
source: PQ Magazine
djones007 says
Thanks pal….Bless
accafritz says
great
ndunda says
somebody with tips for f9 p1 f7 p2 kondly post and any mock exam wishing all the best in your preparations .God bless
hemachoolhye says
thx.. but need for P1
judi says
I was waiting impatiently and at last ! Thank you!
olakunleoladipupo says
Kaplan P4 Exam Tips!!!
* NPV – including foreign currency cash flows
* Bond Yield and Bond Values
* Risk adjusted WACC
* Discussion of financing options
* Interest rate hedging – options, futures and FRAs
Kaplan P6 Exam Tips!!!
* Overseas aspects of CGT
* Corporation tax groups with consortium relief
* VAT groups
* IHT vs CGT
* Lease vs buy assets
* Employment income: share options and redundancy payments
Anybody with more P3, P4 and P6 exam tps should please post them. Thanks
afifhere says
how come you’ve targeted 5 Questions for P3..I thought there is suppose to be only 4 ( 1 compulsory and 3 optional)
Et says
I will give you my Tips . Don’t relay on the intelligent guesses just do as much as you could and face the devil !!
wadnasor says
Very good.
ssk19 says
Need F7 tips for December 2011 ASAP! As i can see the tips given for june 2011 questions 4 & 5 actually came!
jadu says
need p7…..
irisc says
well i got some tips of the f9 last week friday, which is the same as the one i got for f8, but why is the f9 not here. wld it be diff from this one?
nellyng says
Thanks for providing us the study material, latest news as well as tips…appreciated ^^
musoke says
Thanks for your good notes