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Hi,
Did anyone do the mendelow chart? I wasn’t sure about the management being in there and I removed it from it. I had never seen a stakeholder chart with management on it but I may be wrong…
The exam was ok, I thought it would be much worse. I attempted question 2 &4 and the question 1 was long but doable. in Q1 I had some problems finding CSF and KPI for ABC, I wrote that without a mission statement is difficult to set CSF I also couldn’t remember much about IR aside from the definition.
I wrote a lot about the Q2 which was my first I attempted and also about Q4. I noticed some people asked for a second booklet so I wasn’t the only one writing a lot. At some point i thought i was writing too much..
In Q1 i positioned ABC in Revolution although I wasn’t that sure. It could have been also evolution but i thought a quick change in the culture was needed.
I checked on Acca website and in there you can find the changes to the new book. It seems to affect only the lease.
2a Describe elements of principles based and why Julia would benefit from volutary disclosures when finding investments – 12 Marks
On the second part of 2a I put because of info assimetry, compliance and stakeholders. the first part of 2a was tricky and I remember putting Audit committee, Internal Audit and Risk committee with a brief description of the advantages of having them.
2b Ways of diversifying risk in Julias investments – 4 Marks
This I simply wrote that diversifying would spread the risk so won’t be getting much out of it.
2ci Why companies like AAM Investment funds should follow principles of harmonisation of global governance standards written by ICGN – 5 Marks
In here I talked a bit about ICGN and then went on saying that cause the fund operates internationally it would find positive to use a standardised and international corp governance framework.
2cii Limitations of Principles based rules for Julia & AAM – 4 Marks
in here I have written that because the fund company operates internationally there is a risk that by using the principle based one some companies could use standards not acceptable in the western countries. Especially if the country where they are based are corrupt and considering bribing as a normal activity.
Hi does anyone remember the MCQ for what is a KAM? I think I answered a which was significant factors…