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Business ACCA V8, Global Body for Professional Accountants
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Speedy~
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May 22 2012, 12:39 PM
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Getting Started

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Hi all, This sem i'm taking p2 and p3. Any tips on it? getting kinda worry nowadays. Its there any useful tips beside http://opentuition.com/? I assumes that opentuition is kinda useful site. Hope to have more tutorial site as stated. Sigh, due to personal issues, im unable to attend elite jaya micheal class for p3. Its there any way to obtain the notes from him?  Thanks in advanced
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Speedy~
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May 22 2012, 01:12 PM
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Getting Started

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Thanks alot dude QUOTE(caillech @ May 22 2012, 01:07 PM) ACCA TIPS FOR JUNE 18 May 2012
TOP TIPS FROM LSBF
F5 Costing methods – ABC. Decision making – decision. Budgeting – forecasting models. Variance analysis – planning and operational variances. Performance measurement – non-financial indicators.
F7 Q1 - CIS and/or CSFP. Q2 - redrafting or published accounts. Q3 - interpretation and cash flow. Q4 - standards eg leasing, non-current assets, impairment, EPS, contracts, etc. Q5 - conceptual framework & standards eg substance, discontinued operations, deferred tax *The secret to passing F7 is to know something about all the examinable standards.
F9 Investment appraisal – tax and/or inflation with working capital, possibly roce and payback. Cost of capital – WACC calculation with a bit of capital structure and project specific discount rates. Valuation – DGM and PE ration method. Risk – FMH and MMH. Business finance – analysis of performance. WCM – overtrading or cash budget.
P2 Group income statement. Deferred tax. Financial instrument. Joint arrangements. Fair value. SME.
P3 Strategic Analysis - particularly what the external environment has been in the past (including effect on financial performance) and will be in the future. Strategic Choice - particularly using suitability, feasibility, acceptability (including management accounting techniques). Strategic Implementation - particularly using IT improvement of business processes (including how to choose an IT package)
good luck 
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