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Please Note:ACCA Exam Tips should not be relied on, they are only intelligent guesses.
The only purpose of the ACCA Exam Tips is to give you suggestions for topics to concentrate on in your last few days of preparation.
Do NOT exclude other topics from your overall preparation.
To get the most from your preparation, make sure you watch all OpenTuition ACCA lectures, and practice as many past exam questions as possible!
wAlso check all the latest Student Accountant Technical Articles.
Exam Tips for ACCA F1 – F3
No exam tips available – Multiple choice questions cover entire syllabus
BUT you can speed up your ACCA exam preparation, get free:
ACCA Exam tips for Paper F4 English & Global
The F4 exam will be a 2 hour paper, with all questions being compulsory,
NO TIPS – questions will cover the entire syllabus.
There will be two sections to the exam:
Section A will comprise 25 objective test questions of 2 marks each, and 20 objective test questions of 1 mark each.
Section B will comprise five 6 mark multi-task questions.
ACCA Exam tips for Paper F5
Section A – 20 MCQ’s from throughout the syllabus
Section B – 5 questions:
– Target costing together with life-cycle costing
– Linear programming
– Planning and Operation variances (or possibly labour idle time variances)
– Performance measurement (mainly non-financial)
– Learning curves
ACCA Exam tips for Paper F7
Section A
40 marks MCQ anywhere from the syllabus
Section B
15 marks – one on IAS 41 Agriculture (new in syllabus),
15 marks – on Revenue recognition (SA technical article)
1 x 30 marks – either consolidation (25 marks) with 5 mark chat
or
preparation of financial statements (Financial Position, Profit or Loss and Changes in Equity)
ACCA Exam tips for Paper F8
Section A – All topics will be examined
Section B
Audit planning and risk assessment
Internal control evaluation/criticism: sales system
Audit evidence for specific figures in the financial statements
Computer assisted audit techniques
Ethical dilemmas
ACCA Exam tips for Paper F9
Section A – 20 MCQ’s from throughout the syllabus
Section B – 5 questions:
– Receivables management
– NPV with tax and inflation
– Foreign exchange risk management
– WACC calculation including CAPM
– Gearing (both operational and financial)
ACCA Exam tips for Paper P1
Technical articles from SA:
Public sector governance (2 articles)
Board diversification
Environmental accounting and reporting
COSO enterprise risk management
Also:
Integrated reporting (new to syllabus)
Ethics (technical article in P7)
Be prepared to need to use a calculator in the exam
ACCA Exam tips for Paper P2
Question 1
Consol SoFP including foreign subsidiary (last asked in June 2011)
Questions 2 and 3
Various IAS / IFRS – possibly Leasing, Revenue, Provisions and Contingencies, Almost certainly Agriculture (new to syllabus)
Question 4 – 3 technical articles from SA:
Impairment of financial assets
Hedge accounting
When does debt seem to be equity
Also:
Integrated reporting (new to syllabus)
Speed up your ACCA exam preparation, get free P2 course notes & lectures
ACCA Exam tips for Paper P3
Q1: Pestel, 5 forces, Ansoff. Activity based costing
Q2: 6Is of e-business
Q3: Project initiation document: scope, cost, time quality considerations.
Q4: Outsourcing – pros and cons including marginal costing
ACCA Exam tips for Paper P4
Section A:
– Report involving the valuation of a business using free cash flows / calculation of WACC including ungearing and regearing betas.
Section B:
– Interest rate risk management
– Macauley Duration
– Value at Risk
ACCA Exam tips for Paper P5
Q1: Criticism of a report’s content and style relating back to mission.
Q2: Performance prism and non-financial performance measures
Q3: Transfer pricing
Q4: Environmental management accounting
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