acca webinar
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The global body for professional accountants
Hello!
The global body for professional accountants
Preparing.
The global body for professional accountants
• What’s different?
• Planning, preparation, practising
• Resources
The global body for professional accountants
• Karen Yates - Head
of Education ACCA
• Lisa Gilmore - ACCA
• Steve Willis - PwC
Academy: P1, P3, P5
• Rosauro Aala -
BPP Professional
Education: P1, P3, P7 Pre
sen
ters
.
The global body for professional accountants
Mostly writing.
• P1, P3, P7
• P3, P4, P6
• P2, P5
• Professional
marks
The global body for professional accountants
Knowledge is not enough.
• Remembering
• Applying
• Understanding
• Evaluating
• Analysing
• Creating
The global body for professional accountants
Intellectual levels.
Knowledge and comprehension
Application and analysis
Evaluation and creation
Professional (P1-P7)
Skills (F4-F9)
Knowledge (F1-F3)
0% 20% 40% 60% 80% 100%
The global body for professional accountants
• Create
• Evaluate
• Critically discuss
• Assess
• Construct an argument for
• Develop a strategy for
• Critically appraise
Higher intellectual levels. Typical questions
requirements:
Article ‘Testing
1, 2, 3…’
January 2007
The global body for professional accountants
P5. The examiner has said:
• Calculate, but MORE importantly, explain
• You need a big picture view - from strategy
down to operations
• Learn the models, theories and terminology
also from previous level
The global body for professional accountants
• Remember: What’s measured get’s done
• Give valuable advice. Does your answer help
the organisation?
• Use evidence from the scenario
• Assess Situation - Apply New Approach -
See if it helps. Performance management is
dependent on situation!
P5.
The global body for professional accountants
• Knowledge
• Understanding
• Application
P7 skills.
The global body for professional accountants
• Adequacy of answer plan
• Structured answer
• Inclusion of significant facts
• Information given not
repeated
• Relevant content
P7 marking scheme.
The global body for professional accountants
P7 marking scheme.
• Inferences made
• Commercial awareness
• Higher skills demonstrated
• Professional commentary
The global body for professional accountants
General P level issues. • Leaving section
A until the end
• Choosing section
B questions
• Volume of answers
• Satisfy the intellectual
level of the requirement
The global body for professional accountants
• Structure
• Logical flow
• Content / relevance to scenario
• Style
• Persuasiveness
• Layout
Professional marks.
The global body for professional accountants
Study plan.
The global body for professional accountants
Study plan.
Learning the syllabus
Sept-Oct
Continue working through study text with some question practice
Practise questions
Oct-Nov
Practise past exam questions to improve technique and speed
Rehearse
2 or 3 weeks to go
Attempt mock exam to identify last minute areas for improvement
The global body for professional accountants
Writing skills at P Level. • You’ll need to use reading and planning time
wisely and efficiently to construct answer plans
• Use headings and subheadings
that follow your answer plan
• Create short, concise paragraphs that
are reference the scenario or real world
examples when possible
The global body for professional accountants
Higher levels. • P1 - ACCA’s online ethics module
• P2 - www.iasplus.com
• P3, P4, P5 - business pages of good quality
newspaper, Economist
• P6 - less need to read around the subject
• P7 - www.ifac.org, www.accountancyage.com,
www.accountancylive.com
The global body for professional accountants
• Syllabus and
study guide
• Past exam papers
• Examiners’ reports
• Examiners’ guidance
• Exam technique videos AC
CA
w
ebsite
.
The global body for professional accountants
• Technical articles
• Articles on options
• Videos on exam
technique
• Examinable documents
for P2, P6, P7 AC
CA
w
ebsite
.
The global body for professional accountants
Other resources. • Approved Learning Provider -
Content bbp.com/kaplan.co.uk/becker-atc.com
• Exam technique videos and on debriefs -
YouTube
• Syllabus lectures and question debriefs -
bpp.com, kaplan.co.uk
• Exam technique tips - bpp.com, kaplan.co.uk
The global body for professional accountants
The global body for professional accountants
Student planner app.
The global body for professional accountants
Thank you.