June ACCA Exams

IIDSIIELMO

Hi Guys, just wondering if anyone has any hints for the upcoming exams in June for P1, P2 and P3?
Thanks in advance.

noeleenred

BPPs tips are online

http://www.bpp.com/about-bpp/news/examination-course-news/accounting--finance/acca/june-2010-exam-tips.aspx

Cookie_Monster

Study lots and lots

FunkSoulSista

Hi there,

I am doing P1 and P2 myself, here are the tips I was told but of course you can't depend on them, just give them a bit of extra attention perhaps!

P1
CG aims and purpose
9 principles
Insider vs Outsider systems
Stakeholders - Normative vs Instrumental
Agency TheoryRisk - CIMA/ERM, COCO/COSO
Internal Controls - Control Environment, problems, improvements
Ethics - Kohlbergs theory, Carrolls model, Corp Citizenship, EMAS/ISO 14000

P2
Q1 - FX consolidation, disposal of Subsid., P&L due - see Base Memo Ejoy Ribi or possibly cashflow
Q4 - IFRS for SME - SA article
Other areas - Deferred Tax, Impairment of goodwill, share based payments, financial instruments, tangible fixed assets

I have to say not feeling confident, apparantly the last P2 exam was relatively "easy" so this one could be really tough. I am repeating P1 and do not know why, felt happy enough with it when I did it last time. Just goes to show you really never know!

Anyone get the same tips?

P4 tomorrow and I haven't studied in last few weeks.... I think it will be a masacre LOL

HeinekenTicket

Could someone who did P2 let me know what topics came up on this exam?

In particular, did complex groups and IFRS for SME appear? What were the other major standards that came up?

Thanks.

another world

How did people find F9 today? I thought it was tough enough. 3rd and last exam, time to rest!

Mini Driver

Hey All best of luck in these. I still have nightmares about P2!!

Also I just wanted to say that despite what everyone is told about having exams re-checked if you fail it IS worth doing it if you genuinely feel that you should have passed. I got 49% in my last ever ACCA exam last year and I was CERTAIN that I had passed it.

Anyway long story short I got a review done (they are very careful not to call it a re-check as all they do is add up the marks etc again is what I was told) and about a month later I got a letter back to say that there was an error and I actually got 50% i.e. it was changed to a pass.

Anyway I was always told (by DBS and Griffith college) not to bother getting a review done as they don't change the grade ... well they do... best £50 i ever spent!!

FunkSoulSista

P2 is next Tuesday

HeinekenTicket wrote: »

Could someone who did P2 let me know what topics came up on this exam?

In particular, did complex groups and IFRS for SME appear? What were the other major standards that came up?

Thanks.

richard2008z

Heres what ive heard!!

P1 June 2010 Exam tips

1) Something to do with External and Internal Actors – Student Accountant Article from August 2009 . Scenario involving chair who is also chief exec, too few neds, domination by one person and ineffective other board members. Role of Corporate Governance and critical commentary about why this company fails and how it could improve. 5 marks worth of definition about transparency and integrity
2) Report ( or memo ) requiring identification of business risks and recommendations of how to best manage those risks
3) Role, function and responsibilities of internal auditors and maybe a comparison with external auditors
4) Scenario question with some very questionable ethical activities – maybe incorporating problems for both directors and auditors


P1
The examiner has the hinted that


1. Something from the pilot paper will be appearing
2. Something from the Dec 2009 paper will be repeating

Tips for ACCA Paper P3 June 2010 exam

PESTEL/SWOT/BCG/5 Forces/6 Sigma

Quality – CMMI

Cookie_Monster

FunkSoulSista wrote: »

P2
Q1 - FX consolidation, disposal of Subsid., P&L due - see Base Memo Ejoy Ribi or possibly cashflow
Q4 - IFRS for SME - SA article
Other areas - Deferred Tax, Impairment of goodwill, share based payments, financial instruments, tangible fixed assets

Q1 Complex groups - SoCI - IE sub-subsiduary
Q4 Leases (problemsand proposed new treatment) or SMEs

CharlieBouvier

Does anyone have ACCA F4 notes from DBS or otherwise that I could buy ? I have the BPP study text but usually the lecturer notes are way easier to use for study ?

If you did that would be great. I'm in Dublin or Limerick
Thanks

triny

another world wrote: »

How did people find F9 today? I thought it was tough enough. 3rd and last exam, time to rest!

Thank god i wasnt the only one! :eek: Was a tough paper alrite. Prayin i passed it but not feeling good about it!

MCannon

You should be fine with P1 and P3 but P2 requires significant study. I brake down in tears of happiness everytime I think of the day that I got 50% in that paper!!

MCannon

FunkSoulSista wrote: »

Hi there,

I am doing P1 and P2 myself, here are the tips I was told but of course you can't depend on them, just give them a bit of extra attention perhaps!

P1
CG aims and purpose
9 principles
Insider vs Outsider systems
Stakeholders - Normative vs Instrumental
Agency TheoryRisk - CIMA/ERM, COCO/COSO
Internal Controls - Control Environment, problems, improvements
Ethics - Kohlbergs theory, Carrolls model, Corp Citizenship, EMAS/ISO 14000

P2
Q1 - FX consolidation, disposal of Subsid., P&L due - see Base Memo Ejoy Ribi or possibly cashflow
Q4 - IFRS for SME - SA article
Other areas - Deferred Tax, Impairment of goodwill, share based payments, financial instruments, tangible fixed assets

I have to say not feeling confident, apparantly the last P2 exam was relatively "easy" so this one could be really tough. I am repeating P1 and do not know why, felt happy enough with it when I did it last time. Just goes to show you really never know!

Anyone get the same tips?

The LAST P2 PAPER was very very difficult in fact. A lot harder than before!

IIDSIIELMO

P2 today was a bit of a disaster.... Question 1 was a consolidated P&L with disposals of subsidiaries. Question 2 came from 4 different standards...2 of which I still don't know, the ones I do are Deferred tax and Retirement Benefits. Question 4 was on Leases.
Hopefully P3 will be alot better.

HeinekenTicket

What was question 3 about on P2?

thanks.

donegal11

question three was on hedging i think

Cookie_Monster

Q3 had several bits

forward contracts
futures
FX futures

Intangible assets
Shell companies