ACCA Exam Tips March 2023

 The secrets of exam success 

Important Topics

ACCA EXAM Tips March 2023 Important Topics

PM EXAM Tips (Performance Management)

  1. Activity-Based Costing
  2. Throughput Accounting
  3. Variance Analysis
  4. Linear Programming
  5. CVP
  6. Pricing
  7. Risk and Uncertainty
  8. Performance Management

TX EXAM Tips (Uk Taxation)

  1. Individual Income Tax along with Partnership
  2. Corporate Tax
  3. Vat
  4. Inheritance Tax
  5. CGT

FR EXAM Tips (Finance Reporting)

  1. Consolidation
  2. Final accounts
  3. Ratio
  4. MCQs can be from anywhere

Questions to practice Final Accounts

  • PRICE WELL
  • XTOL
  • KANDY
  • TRIAGE

Questions to practice Consolidation

  • POLESTAR
  • PENKETH
  • PELISTAR
  • DARGENT
  • LAUREL

Important Questions to practice Ratios & Cash-flow

  • HARDY
  • PINTO
  • BENGAL
  • FUNJECT
  • MOWAIR

AA EXAM Tips (Audit and Assurance)

  1. Ethic
  2. Corporate governance
  3. Reporting
  4. Internal Controls (sales, Payroll, Purchases)
  5. Substantive Procedures (Cash cycle, revenue, and fixed asset)

FM Exam Tips (Financial Management)

  1. Investment appraisal
  2. The weighted average cost of capital
  3. Forex
  4. Sources of Finance
  5. Working Capital

SBL EXAM Tips (Strategic Business Leader)

  1. PESTEL
  2. Porter 5 Forces
  3. Human Resources
  4. Swot Analysis
  5. SFA Model
  6. Value Chain
  7. E . business, E-Marketing
  8. BCG Matrix
  9. Financial Information
  10. Internal Controls
  11. Corporate Governance
  12. Pestel/P5F/ Str Position
  13. Swot/Tows
  14. Corporate Portfolio
  15. Growth Strategies
  16. Culture
  17. E-Business / 61/ 7P
  18. IT Risk / Security / Cloud
  19. Harmon Process Matrix
  20. Context Change
  21. Outsourcing/ shared services
  22. Financial Proj/ Analysis
  23. Stakeholder/ Mendelow
  24. Prof/ Ethical behavior
  25. Agency / Conflict of interest
  26. NEDs/ Board Comm
  27. Family-owned business
  28. Integrated Rep/ 6 Capita

SBR EXAM Tips (Strategic Business Reporting)

  1. Consolidated cash flow statement
  2. consolidated income statement
  3. IAS 19
  4. IAS 37
  5. IFRS 8
  6. IFRS 10
  7. IFRS 16
  8. IFRS 15
  9. IFRS 13
  10. IAS 38
  11. Financial Instruments

APM EXAM Tips (Advanced Performance Management)

  1. ABC
  2. BCG Matrix
  3. Ash-ridge Model
  4. Performance management
  5. Corporate Failure
  6. HR

AAA EXAM Tips (Advanced Audit and Assurance)

  1. Business Risk and ROMM
  2. Audit Procedure
  3. Ethic and quality control
  4. Sufficiency and Appropriateness of audit evidence or matters
  5. Due Diligence
  6. Forex
  7. Audit  report (Critical appraisal or matters)
  8. Current issue ED ISA540

However ACCA Exam Tips all are just guesses based on research and our Experience, Please do not ignore the other areas as well

See Also:

Preparing for ACCA exams can be daunting, but there are some steps you can take to set yourself up for success. First, make sure you understand the exam structure and regulations. Knowing what to expect on the test day can help reduce any excess anxiety. Next, create a study plan and stick to it. This can include attending classes, studying with a group or on your own, and taking practice exams to gauge your progress. It’s also important to take breaks during your studying, so you don’t burn out.

ACCA exams can be hard to pass, but with proper preparation, you can increase your chances of success. One helpful tip is to create a study schedule and stick to it. This will ensure that you cover all the essential topics and give yourself enough time to review.

It’s also important to practice with past exam questions and review any topics you struggle with before the exam day. Additionally, remember to take breaks and maintain a healthy lifestyle; stress and fatigue can impact your performance on the test. You can pass the ACCA exams and reach your goals with persistence and focus.

ACCA exams contain various question types, including many choices, written responses, and case studies. Each type of question serves a different purpose, ensuring that students are well-prepared for real-world application in the workplace.

Many choice questions test knowledge and understanding of a concept, while written responses assess problem-solving skills and the ability to communicate solutions. Case studies bring the concepts to life,

Requiring students to apply their understanding in a realistic scenario. The exam format also includes exercises, allowing students to demonstrate their practical financial analysis and reporting skills. Overall, ACCA exams provide a comprehensive assessment of a student’s competency in accountancy.

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6 thoughts on “ACCA Exam Tips March 2023”

  1. With having so much content and articles do you ever run into any problems? I’d certainly appreciate it.

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