F8 exam tips by LSBF
* Independence threats / Mitigation.
* Confidentiality.
* Audit risk/response with analytical procedures.
* Control Procedures/tests for payroll, inventory.
* Substantive procedures for payroll, inventory, provisions.
* Audit report scenarios.
* Reliance on internal audit by external audit.
* Corporate governance advice to company.
* ISA 250, 260, 560, 570, 720.
P1 exam tips by LSBF
*Unitary/two tier (last examined June 12).
*Chair role/CEO chair split (Dec09, Dec11).
*Reward systems (Dec 13).
*AGM/ Insider dealing (June 11).
*Comply and Explain or rules vs principle (Dec 12).
*COSO failures (Dec 12).
*Board responsibility for control (Dec 12).
*Disclosure/information (Dec10, Dec12).
*Risk committee or risk manager (June12, June9).
*Strategic/operational risk (Dec 12).
*Static and dynamic risk (June 11).
*Risk diversification or ALARP (June 13).
*Absolute/relative (Dec 10).
*AAA model (June 12).
*Tuckers model (Dec 12).
P3 exam tips by LSBF
*Strategic analysis (perhaps with one of the Les-used models such Ash ridge).
*Strategic choice with numbers (perhaps close or continue or a decision tree)
*IT controls.
*Integrated reporting.
*Improving business processes.
P4 exam tips by LSBF
*Investment appraisal using adjusted present values or capital rationing.
*Cost of capital using the principles of Modigliani and Miller prepositions or geared and ungeared betas.
*Mergers and acquisitions - valuation using free cash flows/P/E ratio method, cash offer or share exchange and regulations of takeovers. *Assessing the success of a given capital reconstruction scheme.
*Hedging exchange rate or interest rate risk using futures, options and swaps.
*Option pricing theory. Real options, example, option to abandon, expand and delay. Valuation of company using the Black-Schole option pricing model.
P5 exam tips by LSBF
*Choice of suitable performance metrics for a specific organization (perhaps EVA/Fitzgerald and Moon).
*Impact of the external environment (perhaps how to collect relevant information about changes).
*Modern management accounting techniques (perhaps, TQM / JIT / environmental management accounting).
*Analysis of performance of SBU's (perhaps BCG matrix).
P7 exam tips by LSBF
*Business risk and risk of material misstatement.
*Matters and Evidence for IAS 23, 24, 37, 38, IFRS 15.
*Ethics/Professional Issues including money laundering.
*Audit reports scenarios.
*New format audit reports.
*Due diligence and forecasts.
*Advertising.
*Audit of group acquisition/disposal.
*ISA 250, 260, 550, 560, 610.
Source: PQ - Magazine
I didn’t have to go through gruelling exercises to prepare my ACCA Foundation level exam but I simply downloaded ACCA Foundation level braindumps from Exam4lead.com. I simply prepared all the topics from this concise study material. It was surprising for me to see the same questions in the final test I found in this expertly written guide. I am really impressed by the experts’ effort on ACCA Foundation level dumps and suggest all the candidates to use this PDF file. Interestingly, I was guaranteed for my success which has been fulfilled now. I am very happy for my right selection and results.
ReplyDelete