ACCA Exam Tips June 2010 (KAPLAN)

ACCA EXAM TIPS 2010 FROM KAPLAN

F4 Corporate & Business Law

* Damages
* Supreme Court
* Tort of negligence
* Liability of agents & partners


F5 Performance Management

* Financial and non-financial performance indicators
* Mix and Yield variances
* Transfer Pricing
* Activity Based Costing


F6 Taxation

* Employment Income - benefits
* Capital allowances including IBA
* VAT return
* Disposal of chattels
* Partnerships with loss


F9 Financial Management

* IRR with tax
* Inventory management
* Asset and cash flow based values
* Gearing/capital structure calculations
* Interest rate risk


P3 Business Analysis

* Strategy evaluation
* Environmental or internal analysis
* Business process change
* Marketing
* Organisation structure


P4 Advanced Financial Management

* Acquisitions and business valuation (especially free cash flow method)
* Net Present Value
* Black Scholes model, but not the Grabbe variant
* WACC
* Interest rate hedging


P5 Advanced Performance Management

* Forecasting
* Divisional assessment
* Strategic alternatives
* Corporate failure
* Dealing with uncertainty


P6 Advanced Taxation

* Capital allowances: new rules for cars
* Capital Gains: incorporation relief
* Inheritance Tax: business property relief
* Benefits: share option schemes;
* Personal financial planning - ISAs


P7 Advanced Audit & Assurance

* Auditing in a Computer Based Environment
* Audit of employee benefits and discontinued operations
* ISA 570 Going Concern
* Engagement planning and risk assessment;
* Engagement reporting (ISA’s 700, 705, 706 in particular).

ACCA EXAM TIPS