TARC ACCA 2005: exam guidance from BPP

~~~~~~~~~~~~~~~Motivation Quote~~~~~~~~~~~~~~~~ ~~~~~~~~~~Sometimes it takes a lot of rain before you get your rainbow!!!!!~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~Just FOcus On The Key Topics That You Know And Ignore What You Don't!!!!!!~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~The glory is not in never failing but in rising again everytime you fall!!!!!~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~YOU MAKE THE FAILURE COMPLETE WHEN YOU STOP TRYING!!!!!!~~~~~~~~~~~~~~~~~~~~~~~~~~~

Saturday, October 29, 2005

exam guidance from BPP

ACCA Paper 2.4 Financial Management and Control
December 2005

Section A

Cash management (Q55 PCB PLC and Q56 DELCARS PLC)
Cash flow forecasts (Q88 (a) JACK GEEP, Q92 AMBER PLC)
Sources of equity (Q62 BURNSALL, Q63 NEWSAM)
Ratio analysis and performance management (Q52 KESWICK PLC)

Note:the more complete case scenarios you attempt the better prepared you will be.
The Case scenarios recommended (Q87-97)

Section B

In section B of the exam there will be two questions on Financial Management (one of which will be on investment appraisal). The other two questions will be on areas from the Management Accounting section of the syllabus.

Net present value (NPV) calculations (Q70, Q80 BENLAND, 87 WATER SUPPLIES LTD 93 SPENDER CONSTRUCTION)
Sensitivity analysis (Q77 BURLEY PLC)
Capital Rationing (Q82 FILTREX, Q83 PI)
Dividend policy (Q51 PHOENIX, Q61 FOOD RETAILERS, Q66 NETHERBY PLC)
Budgeting (Q1 MANAGEMENT ACCOUNTING, Q2 COST AND MANAGEMENT ACCOUNTING, Q96 KWAN TONG)

Health Warning! The examiners deliberately try to avoid question spotting. Just because a question featured last time, doesn't mean it won't feature this time. Use the guide as areas to have a good look at, but remember that no one knows what is in the exam, apart from the examiner. Your safest bet is to achieve good syllabus coverage in your revision, as the examiner aims to do in the exam.