ACCA exam tips for December 06 exams. Paper Exam Tips Part 1 1.1GBR/IAS SECTION A (50 %)25 Multiple choice questions Will cover all areas of the syllabus SECTION B (50%)Longer questions – will include theory and computational questions, each question worth between 8 to 12 marks. Preparation of financial statements for a sole trader/company Consolidated balance sheet Fixed/Non current assets ledger accounting Incomplete records Accounting standards/ concepts/theory Ratios and interpretation 1.2 The paper will consist of 25 MCQs of 2 marks each and 5 long questions of 8-12 marks each. The MCQs will vary in difficulty, but the variety will ensure that the paper reflects the syllabus. The five long questions will be a mix of (mostly) calculations and (a few) written marks. The vast majority of the marks in this paper will be for calculations. The nine key areas of the syllabus will make up the bulk of the exam paper: Cost classification and behaviour. Material, Labour and Overhead costs. Absorption and Marginal Costing. Process Costing. Standard Costing (includes variances). CVP analysis (includes break-even). Pricing Methods. Relevant Costing Limiting Factors and Linear Programming 1.3 Primary Tips: Counseling Individual, Groups and Team behaviour Motivational Theories Objective setting; performance indicators Effective Communication Management of Diversity/Equal Opportunities Secondary Tips: Leadership Theories Recruitment and Selection Management by Objectives The Learning Process – Mumford and Kolb

Part 2 2.1 Managing Information Systems Business strategy and IS/IT strategy Legacy systems Accounting for IS/IT costs Staff roles and responsibilities Project management and control Centralisation/decentralisation Designing Information Systems Methodologies Modelling External design: data capture Invitation to tender Prototyping and 4GL Evaluating Information Systems Security/legislation Quality Documentation Maintenance 2.2 EC law Courts Offer & acceptance Consideration (including Pinnel's case) Exclusion clauses Discharge by performance Remedies for breach (including liquidated damages clauses & privity) Memorandum of Association (especially name clause) Reductions of capital Dividends Debentures and charges Directors (especially types & duties) Auditors Minority protection Insolvency Common law duties of employer & employee Dismissal Dissolution of the partnership Liability of partners to outsiders 2.3 SECTION A Corporation Tax Q1 Adjustment of profits with capital allowances & industrial buildings allowance and some calculation of chargeable gain. CTSA. Long period of account. Income Tax Q2 Trading income assessment , Employment Income leading to income tax and possible gains tax payable. SECTION B VAT Q3 VAT return - calculation of VAT payable Compulsory registration Tax point CGT Q4 Capital Gains Tax Rollover and Gift Relief Capital losses As from June 2005 exam, the format of the exam has changed and questions 5 to 7 can now be set on any topic Groups – losses or Gains group Partnership with losses Choice of business medium/extraction of profits Disposal of business with capital allowances, CGT and some planning Income tax losses [ Sec 380/385 and 72] Terminal loss relief for Sole Traders has not been examined 2.4 Investment Appraisal; NPV to include relevant costs, tax and inflation, and possibly capital rationing and/or sensitivity analsysis Working capital management, possibly to include stock Costing systems (ABC ?) Budgeting and Budgetary control Long term finance and gearing 2.5 Groups Restated financial statement Substance Provisions Cash flow Interpretation 2.6 (INT and UK) New Client Appointment / Conflicts of Interest Practical Audit Risk Engagement Letters Materiality Management Letter - purchases / computer controls Sampling Substantive Testing of Receivables / Payables Audit Report scenarios Role of Audit Committees Responsibilities for fraud Part 3 3.1 Risk Appraisal, Risk Management and Audit Strategy Assurance Services - PFI and Performance Measurement Matters and Evidence - usual GAAP favourites - Intangibles, Provisions, Impairment etc. Audit Reports - ISAs 570 & 720 Ethics/Professional Conduct/Practice Management Current Issues - 'Yesterday's News' 3.2 IHT including lifetime and death gifts and the extended definition of domicile for IHT.DTR and gift with reservation. Trusts – Uses of different types of trust and the tax implications of trustees disposing of chargeable assets held in the trust. CGT – Chattel rules, shares involving bonus and right issues,rollover and holdover relief, gift relief, PPR exemption and letting exemption. Income tax computation including property business profits, employment income Calculation of benefits – car, fuel, mileage, accommodation etc. Employed versus self employed Overseas aspects (including overseas aspects definitions of residency and ordinary residency) and DTR Income tax, capital gains tax implications for international travellers maybe a letter on this. Conditions for FHLA and the advantages. National Insurance Income tax – trading losses for a partnership on Commencement/cessation of a business and SELF-ASSESSMENT. Financial planning – sources of finance, lease versus buy, investments including ISAs the Financial Services and Markets Act 2000. Protection products such as life assurance, critical illness insurance, heath insurance, keyperson insurance, intervivos insurance. Close companies maybe a letter on this. Corporation tax including IBA, loss relief and group and consortium relief. Overseas aspects of corporation tax including controlled foreign companies and transfer pricing. Group registration for VAT, due date for VAT registration. Stamp duty land tax 3.3 Contribution based decision-making – possibly involving expected values, maximax, maximin & minimax regret. Practical aspects of pricing policy Performance evaluation – ROI/RI and the conflict between performance evaluation and investment appraisal. The strategic framework – specifically a question based around the examiner’s recent article on “Business Strategy and Performance Models” (Student Accountant – April 2006). This is likely to focus on Porter’s 5 Forces and/or Ansoff’s matrix 3.4 Porters five forces Macfarlan/Peppard Earls 3 leg PEST EIS Data management and data mining Soft systems methodology Impacts of the use of ecommerce Software selection – web site design 3.5 Corporate appraisal Ethics Corporate governance CSR Globalisation issues Marketing 3.6 GBR & IAS Section A This compulsory question will be on the preparation of consolidated accounts and the preparation of a group accounts with a foreign subsidiary is due, as is cash flow statements! Section B Share based payments Deferred tax Financial instruments. Developments in group accounts Management Commentary / the OFR Reporting of non financial performance e.g. Corporate Social Responsibility, sustainability reporting Measurement issues 3.7 Section A Overseas NPV: Ability to perform a basic overseas NPV/FCF calculation. Including one off cash flows, annuities and perpetuity calculations and the knowledge of the specific issues that relate to foreign direct investment. Company Valuation within the context of Merger and Acquisitions: A possible question that requires a valuation under various methods like NAV, DVM, P/E Ratio and FCFs. (maybe within the context of Going Private.) Also review the share for share exchange style questions. WACC - Risk adjusted WACC – APV calculations within the context of a standard investment appraisal question. However risk adjusted WACC could also be examined within the context of traditional gearing. Risk management: Interest rate risk / Currency Risk Section B: Economic Value Added – EVA Portfolio Theory and CAPM - summary and alpha tables Dividend Policy Term Structure of Interest rate International economics – I.M.F., Treasury Management. Balance of payments deficits and Forecasting exchange rates.

这可信吗?从哪里来的?我怎么从来没有听说有这样的tips啊？

我在新加坡读书的时候学校就出这样tips，准确度还是蛮高滴！

谢谢你的信任，你们的支持就是我们的动力

跪求.... 人品 爆发 hoho 总算是找到了..

这个是考试前出来的还是考试后出来的？