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SBR revision for AAA

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › SBR revision for AAA

  • This topic has 2 replies, 2 voices, and was last updated 3 years ago by Kim Smith.
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  • March 13, 2022 at 1:13 pm #651211
    aamir2111
    Participant
    • Topics: 123
    • Replies: 85
    • ☆☆☆

    Dear Tutor,

    I passed my SBR exam back in 2018. Had taken break from Acca since then. I am planning to complete my remaining exams now. I will be taking AAA likely in Sept. but before I start AAA revision, would like to brush up my SBR knowledge. Hence want to know, from AAA’s perspective, do I have to study preparation of group accounts (chap 3-7 of SBR notes) or should I just go through the accounting standards (chap 8-29)? What would be the recommended approach to revise the SBR topics for AAA?

    Thank you!
    Aamir

    March 13, 2022 at 3:19 pm #651221
    Kim Smith
    Keymaster
    • Topics: 137
    • Replies: 8393
    • ☆☆☆☆☆

    You could start AAA and revised IFRS Standards as and when you get to them – see Chapter 14 of our notes for a list https://opentuition.com/acca/aaa/acca-advanced-audit-and-assurance-aaa-notes – and an intro lecture here https://opentuition.com/acca/aaa/relevant-accounting-standards-acca-advanced-audit-and-assurance-aaa – it’s only 10 minutes. Far better to understand the context of IFRS Standards in AAA first rather than revise out of context.

    March 13, 2022 at 3:20 pm #651222
    Kim Smith
    Keymaster
    • Topics: 137
    • Replies: 8393
    • ☆☆☆☆☆

    And you do need to revised consolidation because any question, including the case study, could be set in a group scenario.

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