ACCA Strategic Business Reporting (SBR/P2) – Question Practice Sessions


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.

During the Strategic Business Reporting ‘Question Practice Sessions’, the question focus shifts from calculations to discursive, where students must learn to analyse and describe how to solve a given technical accounting issue. The topics we cover are the following:

  • Consolidation topics
    • calculation and measurement of consideration transferred, NCI, fair value adjustments and goodwill, including discussions and analyses
    • concept of fair value in business combinations
    • understanding the control model, and identifying situations which give rise to joint control or significant influence
    • equity accounting of joint ventures and associates
  • Ethics and conflict of interest case studies
  • Complex financial instruments
  • Share-based payment transactions
  • Employee benefits
  • Application of the conceptual framework

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 fifteen minute Computer Based Examination. It examines professional competences within the business reporting environment.

Students will be examined on concepts, theories, and principles, and on their ability to question and comment on proposed accounting treatments.

Students should be capable of relating professional issues to relevant concepts and practical situations. The evaluation of alternative accounting practices and the identification and prioritisation of issues will be a key element of the exam. Professional and ethical judgement will need to be exercised, together with the integration of technical knowledge when addressing business  reporting issues in a business context.

Students will be required to adopt either a stakeholder or an external focus in answering questions and to demonstrate personal skills such as problem solving, dealing with information and decision
making. Students will also have to demonstrate communication skills appropriate to the scenario.

The exam also deals with specific professional knowledge appropriate to the preparation and presentation of consolidated and other financial statements from accounting data, to conform with accounting standards.

Section A

Section A will consist of two scenario based questions that will total 50 marks.

The first question will be based on the financial statements of group entities, or extracts thereof (syllabus area D), and is also likely to require consideration of some financial reporting issues (syllabus area C).

Candidates should understand that in addition to the consideration of the numerical aspects of group
accounting (max 25 marks), a discussion and explanation of these numbers will also be required. The
second question in Section A will require candidates to consider the reporting implications and the ethical implications of specific events in a given scenario.

Section B

Students will be required to answer a further two questions in Section B, which may be scenario or case-study or essay based and will contain both discursive and computational elements. Section B could deal with any aspect of the syllabus but will always include either a full question, or part of a question, that
requires the appraisal of financial and/or non-financial information from either the preparer’s or another stakeholder’s perspective.

Two professional marks will be awarded in Section A and two in Section B.

Current issues

The current issues element of the paper (syllabus area F) may be examined in Section A or B but will not be a full question; it is more likely to form part of another question

Exam resources: Click Here to view Exam Resources

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

Course Features

  • Guided Learning 10 hours
  • MQF level 4
  • Language English
  • Assessments Paper B.Exam