[Marsha]

Thanks Kim. Is there any advice you could give us for the exam? For some reason I don’t have access to the pre mock exam or the study hub on the ACCA practice platform. I’ve spoken to them about it and they said they have some IT issues at the moment. So since I don’t have access to those right now, is there anything else you recommend we look at to help with the exam? I’ve gone over all the lecture videos and revision videos and started on past papers.

I know it’s not worth trying to guess what might be on the exam. But do you have any idea about which topics could potentially come up on the exam in September? It’s always the same type of format for the first part of section A, focusing on Risk but what about the rest of the questions? Also the type of risk too, audit, business or material misstatement.

[Marsha]

Thank you, I’ll have a look in to those.

I was just going through the specified standards and under Financial Instruments, there’s these topics. Out of the list below, is there much point in going through them all? I’ve looked at the first three. We just need to know what they are and how they’re measured right?

From SBR:

Chapter 14 – Financial Instruments (IAS 32, IFRS 7 and IFRS 9)

1. Financial instruments – Introduction

2. Financial assets

3. Financial liabilities

4. Convertible debentures and derivatives

5. Impairment of financial assets

6. Hedging – Introduction

7 Cash flow hedge accounting

8 Fair value hedge accounting

9 Hedging criteria and hedge effectiveness

Also for Insolvency, would that usually just be a section B question or can it also be incorporated in to section A?

Thanks!

[Marsha]

Thank you Kim.

There is a section on the lecture notes for AAA (page 76) which go through the relevant accounting standards. Are these the only ones that would be examined? Would it be enough to just make some notes on them so I have a base knowledge, and then I can start on the actual AAA revision?

Is there a revision kit that you recommend for practicing past paper questions?

Sorry for all the questions.

Thank you for all your help Kim!

[Marsha]

Hey Kim,

Thank you!

1. So is there much use in going through the whole of the SBR content lecture by lecture? Or just looking in to what’s on the ‘Exam doc’ and making notes?

2. What % of the SBR content would be expected knowledge of the AAA exam? (IFRS and In terms of the numbers?)

3. On the exam doc, there is a section which goes through :
ADDITIONALLY EXAMINABLE FOR SBR UK and IRISH PAPERS ONLY,
Would this be examined in the AAA UK version as well? or would it just be SBR INT content?

Many thanks!

[Author]

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