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Sat SBL and SBR in June and got 90% and 80% respectively (also my final exams – yay!)
SBL is all about technique, there is very little technical knowledge needed, although do make sure you’re hot on all things governance and risk. I sat APM in March which potentially helped as I already had knowledge of models such as Mendelow’s matrix.
I can imagine lots of people panic when sitting this exam as there is a lot of content to take it. Make sure you spend to the first 30-45 minutes reading through it all, taking a few notes, and identifying which exhibition relates to which requirement (read the requirements first).
Then start with whatever you feel is the easiest requirement.
Took SBL and SBR (UK) in June and got 90% and 80% – can’t believe it! Was so nervous for SBR.
My advise for SBR would be to download the syllabus from the ACCA website. There’s about 30 IFRSs (/IASs) and spend some time going through each of these and learning what they’re trying to achieve and what the main rules within them are. You can google them.
I did this using flashcards and would then drill them over and over. It would take me maybe 2 hours to run through all of them. On top of that I had to do the UK rules too. It’s not the most fun but you do just need to know them inside out. As someone else said, they can and will test smaller IFRSs.
It’s also worth learning the main points of the discussion papers listed on the syllabus. In June there was only about 4 of these and they weren’t too tricky and having written a couple of notes on each would have been well equipped for a question if it had come up – would have had no idea otherwise.
