OBU have announced the prescribed industry sectors for Period 39 and 40 for topics 8 & 15
The new Information Pack is also available on ACCA global. Please note that the revised Appendix 1 gives more detailed information about what is required in terms of the Assessment Criteria both to pass and for higher grades so is worth consulting
For the above topics and submission dates you MUST use organisations from the following specific sectors, based on the Industry Classification Benchmark (ICB):
The Industry Classification Benchmark is being updated with a new structure adopted on 1 July 2019. The codes used below are the new codes (the codes in the older version are given in brackets).
This link maps new codes to the older version of the definition of the sectors
https://www.ftserussell.com/files/support-document/current-new-icb-structuralconversion-map-detail
This is the link to the older version of the sectors
https://research.ftserussell.com/products/downloads/ICBStructure-Eng.pdf
1. 4010 Automobiles & Parts (3350 in older version) 4010020 Automobiles (3353 in older version) - Makers of motorcycles and passenger vehicles, including cars, sport utility vehicles (SUVs) and light trucks. Excludes makers of heavy trucks, which are classified under Commercial Vehicles & Trucks, and makers of recreational vehicles (RVs and ATVs), which are classified under Recreational Products
40101025 Auto parts (3355 in older version) - Manufacturers and distributors of new and replacement parts for motorcycles and automobiles, such as engines, carburetors and batteries. Excludes producers of tires, which are classified under Tires.
40101015 Tires (3357 in older version) - Manufacturers, distributors and retreaders of automobile, truck and motorcycle tires.
2. 4030 Media (5500 in older version) 40301010 and 40301035 Broadcasting & Entertainment (5553 in older version) - Producers, operators and broadcasters of radio, television, music and filmed entertainment. Excludes movie theatres, which are classified under Recreational Services.
40301020 Media agencies (5555 in older version) - Companies providing advertising, public relations and marketing services. Includes billboard providers and telemarketers.
40301030 Publishing (5557 in older version) - Publishers of information via printed or electronic media.
3. 502060 Industrial Transportation (2770 in older version) 50206010 Trucking (2779 in older version) - Companies that provide commercial trucking services. Excludes road and tunnel operators, which are classified under Transportation Services, and vehicle rental and taxi companies, which are classified under Travel & Tourism.
50206020 Railroads* (2775 in the older version) - Providers of industrial railway transportation and railway lines. Excludes passenger railway companies, which are classified under Travel & Tourism. (Topic 8 or 15 * see note below).
50206025 Railroad equipment (2753 in the older version)
50206030 Marine Transportation (2773 in the older version) - Providers of on-water transportation for commercial markets, such as container shipping. Excludes ports, which are classified under Transportation Services, and shipbuilders, which are classified under Commercial Vehicles & Trucks.
50206040 Delivery Services - Operators of mail and package delivery services for commercial and consumer use. Includes courier and logistic services primarily involving air transportation.
50206060 Transportation Services - Companies providing services to the Industrial Transportation sector, including companies that manage airports, train depots, roads, bridges, tunnels, ports, and providers of logistic services to shippers of goods. Includes companies that provide aircraft and vehicle maintenance services.
* if you are considering topic 8 or 15 please be aware that this sub-sector may be difficult as much infrastructure is publicly owned. There may not be sufficient information to support your analysis, or the accounts may be very complex.
Other Accountancy Qualifications
Topics 8 & 15 Period 39, 40 and 41
Dear @trephena,
I have chosen topic 8 for my RAP and I had some confusion I wanted to be cleared regarding excel sheet.
1. Can I copy word to word all Financial Statements directly from Annual Reports?
2. Is there any recommended format I should use? I have wrote both company 3 year data side by side on 1 sheet and since both companies have little differences in the way they published their statements I tried to put comparator data in same format as the main company, will that result in any problem?
Thank you.
1. That would be fine for the Excel spreadsheet
2. No recommended format as such -you may put them side by side or have a separate sheet for each.
When doing your analysis in the report either have a joint graph or have graphs side by side and make comparisons. Analysis should be strengthened by linking the reason for changes in the trends to the business analysis (PEST and SWOT) as much as possible. A common error is to do the analyses of both companies in total isolation from each other
First of all thank you Trephena for answering my previous question.
I have another question regarding the reporting date. The company I have chosen has Year end March so I am writing till March 2020. But I wanted to ask if I can include events after that period in my analysis such as Covid-19. Can I use it in both financial and business analysis in topic 8?
Also I am sorry, I did read something about this earlier but I was unable to find it again when I tried to search now.
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