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1. Know your legislation
2. Practice as many questions and past papers as you can. Remember it is less calculations and more discursive at this level
3. Pay attention to the examiner reports
4. Syllabus change from June – there will be more professional marks available
5. Best of luck!56% first attempt. I was able to answer all the questions which was a relief.
To future candidates : business acumen (savvy and application to the case) is the greatest skill you need, even if you use no models in the exam, like me.
My approach was as follows :
Multiple webinars by Kashif Kamran and Hassan Dossani, approved exam kit plus practice on the CBE platform.Did anyone else write the ZAF variant? Felt the paper was fair but I ran out of time on the small business/CFC no. 3 question. I hope I got enough marks for a pass though…
52% first attempt, on that ridiculous group subsidiaries paper. Glad the wait (and AAA) is over with!
Hi Timmy, have you communicated with ACCA to let them know about your condition and how it affects how you take your exams
Also got the Crown Group Question
Some of the risks I found:
Risk of 75% subsidiary consolidation not pro rated
Risk of one subsidiary with a different year end from the Group being incorrectly consolidated
Risk of intangible assets being revalued by $20m
Risk of 25% NCI not being recognised
Risk of goodwill not being tested for impairment
Risks of incorrect fair value of consideration for calculation of goodwill
Risks of misstatement due to 1st time adoption for subsidiary
Risks related to component auditor
Management bias risk