Success in your ACCA exams is achieved by being able to apply technical knowledge to exam scenarios. Exam practice is therefore crucial and helps improve your exam technique. Our ‘Question Practice Sessions’ will provide you with the right tool to practice exam questions and succeed in your exam. Our Tutors help improve students’ performance by explaining complex topics, plotting where a student needs to practice and guiding them through those challenging areas.

During the ‘Question Practice Sessions’, we aim to:

• Develop students’ exam technique by setting plenty of real past exam questions in class using the exam kit;
• Debrief questions carefully so that we build confidence by showing the many easy and achievable marks in the questions.
• The selection of questions which will be covered during these sessions ensure good coverage of all of the key topics so as to reassure students that they can pass the exam if they fully understand these topics and use good exam technique.
• Limited number of seats available within lectures to ensure individual attention, a supportive environment which enhances the strengths and tackles students’ weaknesses and to encourage students to raise any queries during the sessions.

The main topics covered during the Financial Reporting ‘Question Practice Sessions’ are the following, where the related standard is first summarised to understand the context of the questions in the exam kit, and then we tackle the questions ensuring students understand the logical flow of interpretating and answering them:

• IFRS standards which deal with non-current assets
• Leases
• Revenue
• Financial instruments
• Published accounts – preparation of financial statements from a trial balance
• Ratio analysis and interpretations
• Group accounts – consolidation workings and consolidated financial statements, including application of acquisition accounting

Mock Exam

Students can now enrol for the Mock Exam which can better aid in learning how to apply knowledge to exam questions. Mock exams are attempted under exam conditions and corrected by our expert tutors. The corrected script is thereby returned to the student in order to establish the areas of a subject they mostly succeeded in and work on areas where improvement is needed.

Kindly refer to the ‘Schedule’ tab to view the upcoming timetables

Exam Syllabus:

The syllabus is assessed by a three hour computer based examination.

All questions are compulsory. The exam will contain both computational and discursive elements. Some questions will adopt a scenario/case study approach.

– Section A of the computer-based exam comprises 15 objective test questions of 2 marks each plus additional content as per below.
– Section B of the computer-based exam comprises three questions each containing five objective test questions plus additional content as per below.
– Section C of the exam comprises two 20 mark constructed response questions.

The 20 mark questions will examine the interpretation and preparation of financial statements for either a single entity or a group. The section A questions and the other questions in section B can cover any areas of the syllabus.

An individual question may often involve elements that relate to different subject areas of the syllabus. For example the preparation of an entity’s financial statements could include matters relating to several accounting standards. Questions may ask candidates to comment on the appropriateness or acceptability of management’s opinion or chosen accounting treatment. An understanding of accounting principles and concepts and how these are applied to practical examples will be tested.

Questions on topic areas that are also included in Financial Accountant (FA) will be examined at an appropriately greater depth in this paper.

Candidates will be expected to have an appreciation of the need for specified accounting standards and why they have been issued. For detailed or complex standards, candidates need to be aware of their principles and key elements.

Exam resources: Click Here to view Exam Resources

Syllabus and Study Guide: Click Here to view Syllabus and Study Guide