*** June 2022 ACCA SBL exam – Instant Poll and comments ***

Also what did everyone write about q1a, compare and contrast the governance of public and commercial?

For leadership style – i think the best style would be transformational leader. It says in the kaplan book that is the best approach for change process.

Kykolo94 wrote:Did anyone feel like they couldn’t come up with enough points to discuss the questions based on the exhibits?

Same boat as you pal! Feel like a resit in September is guaranteed.

Be positive and go again, do not put yourself down! Its my last paper and was my 3rd time as well, got 48 and 49 the last two seatings. But that today was very complicated one, I want to see the passing rates!

I think there are different names for the same thing. If any exams accepts this, it’s SBL. Open to interpretation 🙂

I took this same approach. As long as you explained your reasoning, I reckon you’ll be fine

Got YBC as well. Felt so dumb looking at the exhibits and not finding much of relevant stuff. Like the compare and contrast governance of license based vs commercial subsidiary!

Role The management consultant

YBC

1q a
Compare governance licensed based and commercial subsidiary- Different agent and principal relationships (Agent – Board of Directors; Principal- Shareholders (equity investors- commercial subsidiary) & (Agent- Independence Committee; Principal- Citizens or Yeeland & government), composition of board structure (appropriate mix of NEDs and executive directors for both governance structures)

Types of leadership for the implementation of change.- Transactional and Transformational
1q b
The internal factors that should be considered before change take place.- POPIT MODEL
2q a
The external factors that suggested change.- Technological environment, customer demand, competitors, global reach (exclusivity of programme offerings – only offered to households who have a television set)

3q a
nature of ethical issues- Gaming, Self Interest Threat, Intimidation Threat, Integrity, Professional behaviour

4q a
The problem of current financial function- Untimely reporting, Technical and confusing reporting, finance function is overstretched, Human error due to manual process, lack of communication with budget holders

4q b
Recommend how improve relationship of budget holders with finance staff- Automate process to reduce level of error, Communication with budget holders on a monthly basis via other mediums such as a video call, Train budget holders on financial technical subject matters

Did the morning session, and felt like the exam was quite difficult in places

The question on the risks of the streaming service, machine learning, and sale to Delta were OK

The KPI question was a bit weird, and I felt the KPIs did not relate to the mission statement

Stakeholder question was also unusual, since they had to make their claims indirectly through the government

I had the first question on governance – compare and contrast the governance of commercial and license funded.

Couldn’t find much in the exhibits about the commercial so found this difficult?!

For all there was a lot of exhibits, there wasn’t much info to base any answers on I thought!

Shocking paper

I don’t feel this paper was reflective of the syllabus at all. Really disappointed with the paper considering the amount of work I put in felt it did not allow the hard work to pay off. I covered everything on the syllabus in preparation.

@kykolo 94

I had thought about B&HH but the only thing that made me not choose this was the fact it was 8 marks, it would be unusual for ACCA to award 1 mark per point so with POPIT it would have been 4(2×1). 2 marks/2 points or sentences for each element, People, Processes, Organisation and IT. Even with this structure I still struggled to come up with two sensible points.

It’s crazy how these exams can make you feel so dumb after all the time and effort you put into prior to it.

It makes me feel good though that so many of you are feeling and pointing out exactly the same issues I had or felt 🙂

@grahamegan

Ah ok that makes sense! Yeah the 2marks thing is also another issue not made clear by ACCA, a 12 marker could be 12 points or 6 well developed points. In the debriefs even the tutors themselves have no idea – they all settle for 6-8 points and use the word “hopefully” they get awarded 2 marks per point before concluding with a “at least we can get a “pass” for the section”

It was the struggle of thinking what to write for POPIT that made me think it wasn’t suitable haha – I did it anyways but it’s like the reverse idea of yours 😀 thankfully we’re on the same boat here

The principal part was so strange – I actually thought it was the customers because they’re being forced to pay for the license and it is their money at stake in return for deliverables. The government would then be akin to an agent to ensure YBC keeps their mission objectives while the independent committee ensures VFM while being “friends” with the gov. Thankfully that wasn’t explicitly asked in the exam I think