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Posted by ken at 6:58 PM
The ACCA should be giving students lessons in handwriting and layout skills if it wants to see an increase in pass rates this December!
The ACCA should be giving students lessons in handwriting and layout skills if it wants to see an increase in pass rates this December! The examiners have slammed sitters untidy June scripts and want to see improvements this December. One examiner said; "Poor layout is not acceptable. Excessive crossing out, unlabelled workings, no tabulation, and essay style answers for numerical calculations are all typical problems. This makes marking very difficult." The F7 examiner also revealed his markers are struggling with poor handwriting.
source : pqmagazine
Posted by ken at 6:50 PM
Top tips from people in the know for the upcoming exams – tutors at Kaplan and FBT
F4 CORPORATE & BUSINESS LAW
*English legal system – delegated legislation/interpretation of statutes.
*Obligations – formation and terms of a contract. Duty of care in tort or professional negligence.
*Employment – dismissal.
*Company law: incorporation procedure or articles; maintenance of capital; termination of directors office and directors powers; types of meetings and resolutions; and fraudulent behaviour – money laundering.
F5 PERFORMANCE MANAGEMENT
*Budgeting.
*Learning curve.
*Performance appraisal.
*Transfer pricing.
*Risk and uncertainty.
*Throughput accounting.
*Variances, including mix and yield.
F6 TAXATION
*Income tax – sole trader with adjustment to profit.
*Corporation tax – 12-month period straddling two financial years, possibly with a loss.
*Partnerships.
*Benefits in kind.
*VAT.
*Company tax losses.
*CGT – shares and relief.
*Overseas.
F7 FINANCIAL REPORTING
*Consolidated statement of comprehensive income and consolidated statement of financial position for a parent and a subsidiary company.
*Published accounts from a trial balance and notes.
*Ratio analysis and interpretation of accounts.
*Constructive contracts/IASB framework.
F8 AUDIT AND ASSURANCE
*Planning – risk assessment (two big questions in June and December 2005, only 10 marks since then).
*Controls Q1 purchases or payroll (sales last time).
*Substantive testing Q1 – stock (only a few marks recently, high risk, compliance and sub tests), creditors.
*Ethics – conflict of interest/ confidentiality.
*Review – overall review, checklist (probably not g/c!).
*Reports – scenario question, what sort and why (types tested last time).
*Internal audit – question tested last two sittings so less likely this time.
F9 FINANCIAL MANAGEMENT
*Investment appraisal.
*Sources of long-term finance.
*Re-gearing and de-gearing betas.
*Working capital management.
*International risk management.
P1 PROFESSIONAL ACCOUNTANT
*Transaction cost theory.
*Performance appraisal.
*Shareholder dialogue.
*Audit committee.
*Ethics theory.
*Internal audit.
*Stakeholder categorisation.
*Board structure.
*Corporate social responsibility (CSR).
P2 CORPORATE REPORTING
*Group cash flow.
*IFRS 3 Business combinations revised.
*Impairment.
*Financial instruments (again).
*Non-financial reporting.
*Related party transactions.
*Ethics.
*Cash flow statements.
P3 BUSINESS ANALYSIS
*Analysis-type question – PESTEL or on risks.
*Product choice use of BCG.
*SWOT, Ansoff and change management.
*Opportunities and problems of different growth strategies, eg acquisition and organic growth.
*CSF and PI – relate to a scenario.
*Ethics – business benefits of being socially responsible (short question).
*Quality – six sigma linked in with the CMMI model (possibly technical).
*Project management – stages of the project with stakeholder mapping of project members.
*Supply chain management.
*IT – general question relating to the benefits of e-commerce. Also use of the internet and development of a niche strategy.
P4 ADVANCED FINANCIAL MANAGEMENT
*Investment appraisal – overseas investments (FDI).
*Business valuation.
*Option pricing – Black Scholes Model.
*Interest rate hedging – futures and options.
*Stakeholders and conflict of objectives.
*Bond pricing and credit spreads.
P5 ADVANCED PERFORMANCE MANAGEMENT
*Divisional performance and benchmarking.
*Transfer pricing.
*Activity based management.
*Profit calculation.
*Modern developments.
*Corporate failure.
*Environmental management accounting.
P6 ADVANCED TAXATION
*Corporate tax.
*Income tax.
*Inheritance tax question – this is the only question that is likely to be largely numerical and therefore require lots of calculations. Written parts, if any, are likely to be on trusts, deeds of variation or interaction with CGT.
*Incorporation of a business (lifecycle of a sole trader style).
*Share for share exchanges, perhaps to create a group of OMBs.
*Tax efficient 'remuneration' planning for a director.
*Industrial buildings allowances, specifically on a building being sold.
*Controlled foreign companies.
*Gift relief and lifetime gifts.
*Car and loan benefits.
*Business property relief.
P7 ADVANCED AUDIT & ASSURANCE
*Ethics/professional issues.
*Planning/risk assessment (audit risk).
*Forensic auditing.
*Prospective financial information.
*Evidence gathering.
*Reporting.
*Corporate governance.
Source: p-q-accountant
Use these tips in conjunction with a full programme of revision!
Posted by ken at 12:40 AM
Tips for ACCA F4 Corporate and Business Law (Eng)
There are fourteen of them even though there are only ten questions.
The number's in brackets behind the topic are the question numbers from the BPP revision kit.
1. Judicial precedent / delegated legislation ( 4, 7, 8 )
2. Terms, conditions, warranties, innominates ( 22 )
3. Redundancy ( 41, 42 )
4. Consideration ( 19, 20 )
5. Exclusion clauses ( 24 )
6. Breach ( 28, 29 )
7. Tort and auditor negligence ( 35, 36 )
8. Partnership compared with limited company ( 52, 53 )
9. Company names ( 65 )
10. Capital terms ( 68 )
11. Meetings and resolutions ( 78, 79 )
12. Statutory duties of directors ( 83 )
13. Corporate governance and directors ( 95 )
14. Money laundering ( 100 )
Tips for ACCA Paper F5 "Performance Management"
Question 1
Budgets / Learning curves
Question 2
Decision making under uncertainty (maximin etc..)
Question 3
Mix & Yield variances
Question 4
Financial ratios / Non-financial performance measures / transfer
pricing
Tips for ACCA Paper F6 "Taxation" (UK)
F6 is very predictable so no tips as such
Practise as many exam standard questions as you can.
Make sure you do to time. After the 15 minute reading time you have 1.8 minutes per mark. If a question is split between part (a) 10 marks and part (b) 10 marks then only spend 18 minutes on part (a) and then move on to part (b).
Look at all the requirements of the question, can you answer an easy parts first, for example one part maybe standalone and on something very straightforward, so do this part first
You do not have to answer the questions in the order they are set, if question 5 is the easiest do this one first.
Question 3 will be the hardest so leave this until last but make sure you leave 36 minutes to answer it.
Do not panic if you can’t remember something in a question, don’t spend too much time trying to remember it, have a go or even guess. Then you can move on to other parts of the question.
Above all you need 50% to pass, so find the marks you can do. There will always be more than 50% of the question which is examining core areas of the syllabus, only a few marks will be fringe areas, but you do not have to worry about these as you can find the 50 marks you need to pass
Tips for ACCA F7 Financial Reporting (INT)
Question 1
Consolidation, probably Statement of Financial Position, with subsidiary
( full year ) and Associate ( part year )
Question 2
Preparation of financial statements from a trial balance or draft set of
accounts with 6 or 7 adjustments to make - beware the accrued loan interest
Question 3
Cash flow, with or without an interpretation section. Probably with
interpretation so ....a relatively straight-forward cash flow for ( say ) 12
marks and a report interpreting the results for 13 marks
Question 4
15 marker on some lesser examined topic. Construction contracts would be
my guess - but it could be anything - EPS, Leases, Contingencies and
provisions ..... )
Question 5
Could be absolutely anything! Any part of the question Mrs Harper from
the BPP revision kit would be a good Q5 - or part (b) of Q5
Tips for ACCA Paper F8 Audit and Assurance (INT)
30 Mark question:
The audit of non-current assets, including final audit work and expected internal controls.
10 Mark question:
Audit risk or audit committee.
20 Mark questions (3):
CAAT/sampling Audit reports
Letter of representation,
Post balance sheet events,
Liabilities and contingencies.
Tips for ACCA Paper F9 "Financial Management"
Question 1
Foreign exchange:
Forecasting exchange rate
Managing risk (forward rates / money markets)
Question 2
WACC calculation / discussion of ways of raising finance
Question 3
Receivables management / cash management - Miller Orr
Question 4
Capital Rationing / discussion of limitations
Tips for ACCA P1 Professional Accountant
Coming soon
Tips for ACCA P2 Corporate Reporting (INT)
Question 1
Consolidated Cash Flow Statement
Question 2
Shares and share based payment schemes
Question 3
Deferred tax
Question 4
Various IAS/IFRS question (4 or 5 accounting problems to comment on)
Tips for ACCA Paper P3 Business Analysis
Part A - 50 mark case study
Position analysis (5 forces, PESTEL, generic strategies etc).
Foreign expansion/globalisation/convergence.
* Part B – 2 from 3 25 mark questions
• Business process change and quality – DMAIC, CMMI. Value chain. (See September article in Student Accountant). Commoditisation of business processes and outsourcing.
• Quality of software (V model). Relationship marketing. E-business evolution.
• Corporate structure – divisionalisation, matrix, decentralisation.
Tips for ACCA Paper P5 Advanced Performance Management
Coming soon
Tips for ACCA P7 Advanced Audit and Assurance (INT)
Question 1
Audit risk / Fin statement risk
Question 2
Forensic accounting (Student Sept 08) Q53
(Ethical and professional issues)?
Question 3
Audit reports
Question 4
Comment on matters requiring consideration + State the audit evidence you should expect to find
Question 5
Audit work on suspected fraud (q27 Indigo)
Please Note
Tips should not be relied on - they are only intelligent guesses.
Their only purpose 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.
sources from opentuition
Posted by ken at 5:36 PM
KEY WORDS IN EXAMINATION QUESTIONS
No. | Key word | Expected response |
| 1. | Estimate | Give a quantitative value based on calculation or reasoning. |
| 2. | What | Give required / specific information |
| 3. | How | Describe / give explanation / method /condition / steps concerning an event |
| 4. | Compare | Give similarity and difference between two things |
| 5. | How much/ what is the value | Give a quantitative answer |
| 6. | Differentiate | Give the difference / contrast between two or more things / events |
| 7. | When | State the time or period |
| 8. | Construct | Draw diagram / one that uses geometrical method / tools |
| 9. | Discuss | Give views from various aspects |
| 10. | Prove | Show truth using mathematical method / exampels / facts of physics |
| 11. | Suggest | Give an idea / opinion |
| 12. | Find | Give an answer without calculation / with simple calculation |
| 13. | Calculate | Give answer through calculation |
| 14. | Describe | To tell about something (story like) in detail and systematically. |
| 15. | Tabulate | Arrange things/data according to specified aspects. |
| 16 | Explain | Give method/reason about something in order that it is easily understood. |
| 17. | Classify | Separate into a few groups according to fixed characteristics. |
| 18. | Identify | Pick out or determine something based on facts/descriptions given. |
| 19. | Sketch | Draw diagram/picture/graph (not according to scale) |
| 20. | Shade | Denote an area by colouring/filling/draw lines to cover the area |
| 21. | Draw | Make figure such as chart/diagram/graph /shape using instruments according to scale and in detail |
| 22. | Why | Give reason |
| 23. | Name | Give name/terminology for something such as component/process/instrument |
| 24. | State | Give facts without explanation /support |
| 25. | Predict | Give/state forecast for something based on facts |
| 27. | List | State facts/statements in point form. |
| 28. | Arrange | Place according to fixed order |
| 30. | Define | Give definition for the term given |
| 31. | Determine | Find answer base on process/reasoning |
| 32. | Illustrate | Give facts with support such as diagrams/reasons/explanation to make clear an idea. |
Posted by ken at 5:07 PM
| No. | Type of experiment involving | Precautions that can be taken |
| 1 | Light | a. Experiment must be carried out in darkened room. b. Lens, screen and object must be in line c. Avoid parallax error by placing the eye such that the line of view is perpendicular to the scale of the ruler. |
| 2 | Spring | a. make sure the spring is not loaded beyond the elastic limit. (spring return to original length when load is taken off). b. Avoid parallax error by placing the eye such that the line of view is perpendicular to the scale of the ruler. |
| 3 | Electric | a. All connections must be secure/tight. b. Off the switch after readings are taken to prevent wires from heating up (resistance increase) c. Avoid parallax error by placing the eye such that the line of view is perpendicular to the scale of the ammeter/ voltmeter. |
| 4. | Heat | a. Liquid must be stirred constantly so that temperature rises evenly. b. Alluminium block must be wrapped with insulating material to prevent heat lost. c. Thermometer bulb should be smeared with oil to give better thermal contact with the block. d. Avoid parallax error by placing the eye such that the line of view is perpendicular to the scale of the thermometer. |
| 5 | Measuring instruments such as ammeter, voltmeter, metre rule ... | a. Avoid parallax error by placing the eye such that the line of view is perpendicular to the scale read. b. Take into account zero error of instrument. |
Posted by ken at 5:06 PM
Lord,
it seems as though our lives are one test after another, weighing us in somebody's balance.
Save us from taking the coming tests
too seriously or too lightly,
but grant that we may reflect
the best of the work we've done
and the best of the teaching we've received. . . .
John W. Vannorsdall
Notre Dame Prayer Book
CLICK HERE FOR FULL PAGE
If you have any prayers you want us to add to the site, drop us an e-mail and let us know.
Posted by ken at 4:47 PM
*** LATEST ***
RAMALAN SAINS SPM 2008
SCIENCE SPM 2008 TIPS / PREDICTION
Section A
Q1. Periodic tables / Properties of substances
Q2. Ticker tape – calculation – s/v/a
Q3. Growth of microorganisms – factors
Q4. Bernoulli Principle
> melting – boiling point
> electrical conductivity of ionic – covalent
> disease / antibodies
> pollution
> alloy
Section B
Q5. Radioactive / uses / effect
Q6. Momentum – calculation
Q7. Nervous system and endocrine system
Q8. Sex chromosome / Mitosis / mutation / heredity diseases
Q9. Radio / waves / satellite
> Hydrocarbon - processes
> Inertia – explain
> Human brain
> Structure of plastic
> Process of producing ammonia
Section C
Q10. Food additives / processing / ways to improve quality of food
Q11. Electrolysis / electric from chemical reaction
Q12. Dispersion of light / colour / filter
> Growth of microorganisms – factors
> Process of photosynthesis
> Radio transmission system
Posted by ken at 6:38 PM
*** LATEST ***
RAMALAN CHEMISTRY SPM 2008
CHEMISTRY SPM 2008 TIPS / PREDICTION
Paper 2 Section A.
Q1.Periodic Table
Q2.Production of Sulphuric Acid & Ammonia and Alloy
Q3.Heating of naphthalene Melting point / Freezing point
Q4.Voltaic Cell + Electrolytic Cell
Q5.Carbon compound + Table ROR + Draw graph
Q6.Heat of Precipitation / Displacement / Neutralization / Combustion
>Salt lead(11) Carbonate / Zinc Sulphate
>Soap and detergent
> ROR – concentration
Paper 2 Section B & C
Q1.Soap + Detergent - Cleaning Effectiveness / Alloy / Medicine Food Additives
Q2.Electroplating of iron ring — Compare carbon electrode cell and copper electrode cell using a table
Q3.Redox –U-tube FeSO4 and Br2 and using Oxidation number compare redox reaction.
Q4.Bonding — ionic , covalent, draw, and explain
>Hydrocarbon / Alcohol / Esterification
>Latex
Paper 3 Section A
Q1.Potential Difference- ECS — Metal or ROR — temperature
Q2.Neutralisation — Burrette Reading
>Rubber ( natural rubber and vulcanize rubber ) – Length - explain
Paper 3 Section B Experiment
One of the four below
>Reactivity in Group I (water) / Reactivity Metal + Oxygen
>Heat of Combustion of Alcohol
>Rate of Reaction
>Differentiate Hexane & Hexene
> Strength of Alloy compared to Metal
Important SPM 2008 Chem Essay Question that you must remember
Q1. Soap + Detergent — Cleaning Effectiveness — Alloy — Medicine Food Additives
Q2.Electroplating of iron ring — Compare carbon electrode cell and copper electrode cell using a table
Q3.Redox — U — tube FeSO4 and Br2 and using Oxidation number compare redox reaction.
Q4.Bonding — ionic , covalent, draw, and explain
Q5.Heat of combustion exp. Calculate heat of precipitation.
Q6.Empirical formula, CuO, exp. precautionary steps, Calculations
Q7.Food additive (memorise 3) Rubber, compare natural rubber and vulcanize rubber)
Q8.Define acid & Base, procedure to produce soluble salt
Q9.Reactivity of Group 1 and Group 17 —experiments / explaination
Use the tips as areas to have a good look at, but remember that no-one knows what’s in the exam except the examiner. Your safest bet is to achieve good syllabus coverage in your revision, as the examiner aims to do in the exam. ~~ ken
Posted by ken at 6:12 PM
*** LATEST ***
RAMALAN PHYSICS SPM 2008
PHYSICS SPM 2008 TIPS
Paper 2 Section A
Q1.Measuring Instrument
Q2.Momentum – effects of forces / Graph V-T, Calculation and Explain
Q3.Mirror + Lens with Ray Diagram / Specific Heat Capacity - Latent Heat - Thermometer
Q4.Heat concept + Pressure & Volume calculation (Boyle's Law) / Atmospheric pressure + Gas Pressure / Pascal’s Principle
Q5.Radioactivity with Half Life Graph
Q6.Force in Equilibrium and Force calculation / works – energy - power
Q7.Transformer Concept + Calculations / All about V=IR
Q8.Transistor with LDR / Thermistor + Logic Gates / semiconductor diodes
>Radioactive detectors - GM / medical fieldPaper 2 Section B (Modify and explain)
Q 1 . V=IR + Heating Element / Radioactive & Isotopes / Nuclear Fusion
Q2. Archimedes + Boat + Hydrometer
> wave - interference - drawing
>slide projector
Paper 2 Section C (Choose suitability)
Ql. Hydraulic Jack — Suitable Fluid Brake fluid
Q2. Lenz Law Strength of the force produce, motor / Application of Electromagnet inductor
Paper 3 Section A
Ql. Light and refraction — Sin I / Sin R
Q2. Graph of f and l/x, related to wave
Paper 3 Section B (Practical)
>Strength of Electromagnet>Spring - factors - graph - calculation
>Ticker Tape – F=ma
>Pressure -Volume
Important physics concept in SPM 2008
>Ray Diagrams for Concave mirrors and Convex Lens
>Depth and Wave properties
>Radioactive detectors - How it works
>Archimedes with Hydrometer and Plimsoll Line
>Pascal Principle with Hydraulic Pump/Jack
>Strength of Electromagnet - factors>Transistors and Logic Gates
>Factors affecting resistance of wire
>Experiment: Ticker timer
>Experiment: Spring
Posted by ken at 5:43 PM
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