ACCA Mock Exam 2017- FROM LSBF with answer

ACCA Mock Exam 2017- FROM LSBF with answer - All Paper

LINK

ACCA Mock Exam - June 2017 FROM ATC

ATC

Revision Mock Test and Final Mock exam for ACCA F5 to P7  - LINK

BSc (Hons) in Applied Accounting and Research and Analysis Project Information Pack 2017-18

Information Pack for the Submission Periods 35 & 36 (2017- 2018) is now available. – LINK

Topic 8 and 15 requirements: November 2017 (Period 35) and May 2018 (Period 36)

All students submitting a project on topic 8 or topic 15 in November 2017 or May 2018 MUST use sector specific organizations, based on the Industry Classification Benchmark (ICB): 

http://www.ftse.com/products/downloads/ICBStructure-Eng.pdf

Aerospace Manufacturers

Manufacturers, assemblers and distributors of aircraft and aircraft parts primarily used in commercial or private air transport. Excludes manufacturers of communications satellites, which are classified under Telecommunications Equipment.

Food Products

Food producers, including meatpacking, snacks, fruits, vegetables, dairy products and frozen seafood. Includes producers of pet food and manufacturers of dietary supplements, vitamins and related items. Excludes producers of fruit juices, tea, coffee, bottled water and other non-alcoholic beverages, which are classified under Soft Drinks.

Hotels

Operators and managers of hotels, motels, lodges, resorts, spas and campgrounds.

These sectors will apply to students submitting for the first time or for students changing company and/or topic in November 2017 (Period 35) and May 2018 (Period 36).

MSC IN PROFESSIONAL ACCOUNTANCY

MSC IN PROFESSIONAL ACCOUNTANCY - ACCA

To stand out in a crowded marketplace, ACCA offers ACCA students, affiliates and members the unique opportunity to gain an MSc in Professional Accountancy in addition to their ACCA Qualification.

This means having a professional qualification from the world’s most forward thinking accountancy body, they could also have a postgraduate qualification from the University of London, one of the world’s top ten universities.

There are three routes into the MSc in Professional Accountancy – and it gives you great opportunities, whatever stage you’re at in your career.

Students

To start the MSc, you must already have passed your Fundamentals exams, as well as P1 – Governance, Risk and Ethics, P2 – Corporate Reporting and P3 –Business Analysis.

Affiliates

As an affiliate, you’ve already passed your professional qualification. To get your MSc, you need to carry out the Strategic Financial Project and complete the Global Issues for the Finance Professional module.

Members

You need to carry out the Strategic Financial Project and complete the Global Issues for the Finance Professional module to gain the MSc.

The MSc in Professional Accountancy is globally available via distance learning as well as some face to face learing provided by affiliate centers.

WHEN SHOULD YOU APPLY?

Professional Accountancy	July 2017 session	January 2018 session
Applications/registrations	10 April 2017	4 September 2017
Applications close	19 June 2017	27 November 2017
Registrations close	26 June 2017	4 December 2017
Programme starts	10 July 2017	8 January 2018
Final assessments take place	w/c 4 December 2017	w/c 4 June 2018

UPCOMING CHANGES TO ACCA EXAMS 2017 - 2018

Change to ACCA Professional Ethics Module- October 217


The current Professional Ethics Module will be withdrawn on 30 October 2017 and the new module goes live on 31 October 2017.

Key Features:

a. Six Units
b. 20 hours duration
c. Certificate is awarded on completion
d. Time flexibility- Can start when you start studying skills exam
e. Must complete before starting Strategic Professional exams
f. Need to pay- £60

Last paper based exam for F5 to F9- December 2017

Last paper based exam for skills level paper will be on December 2017. CBEs for ACCA exams F5 to F9, lunched in 2016 will completely replace paper based exams from December 2017. PBEs are being phased out from 2017. 

First CBE-Only examination- March 2018

From March 2018, only CBEs for F5 to F9 are being available worldwide.

Last sitting of existing Professional Level Exams- June 2018

Last chance to pass the existing P-Level ACCA examinations before the new Strategic Professional.

First sitting of the new Strategic Professional Examinations- September 2018

First session of the new strategic Professional exams. 





Strategic Business Leader

The new innovative case study uses real-world scenarios to set challenges that require students to blend technical, ethical and professional skills in the evaluation and presentation of their responses. With the introduction of Strategic Business Leader, the current P1 (Governance, Risk and Ethics) and P3 (Business Analysis) will be withdrawn.

 

What after ACCA?

What should I study after ACCA?

CFA

Another qualification that you could go after ACCA is CFA (Chartered Financial Analyst) if you want to work in Financial Sector.

It is only really worthwhile going for another qualification if it is specific to your particular field of work.

Why CFA?

1. The CFA Program covers concepts and skills you will use at all stages of your career.
2. The self-paced, online format makes it easier for you to continue working while you complete the program.
3. Completing the CFA Program shows employers and clients you have mastered a broad range of practical portfolio management and advanced investment analysis skills.
4. The three-year program requires you to study for and pass three levels of exams. If you pass the exams and meet other requirements (practical experience of 4 years), you earn a CFA® charter.

MSc in Professional Accountancy

ACCA (the Association of Chartered Certified Accountants) and UoL (The University of London) International Programs are offering a ground-breaking Masters' program to ACCA students, affiliates and members around the world. This is the MSc in Professional Accountancy.

MSc in Professional Accountancy (MPA) marks the first time for an accountancy body to have collaborated with a university for an integrated qualification, to enable students across the globe to gain a Masters' degree and a Professional Accountancy qualification at the same time. The combination of ACCA's unparalleled global network of students and members, alongside the University of London's unrivaled network of accredited teaching institutions has presented a powerful partnership. ACCA candidates can now directly have a complete suite of professional and academic qualifications.

Why MPA?

1. The association with two world-leading organizations, ACCA and the University of London, which is hugely influential to employers.
2. A combined academic and professional perspective will give candidates the leading edge in competitive marketplace.
3. Excellent value for money, as the monetary investment made towards your ACCA qualification will count towards your MSc degree.
4. The elasticity to fit studies around work.

ACCA F2 Key to Pass

ACCA F2

Paper F2 Management Accounting is disturbed with administration the business so as to achieve better performance. It includes topics like how to calculate the cost of producing items in a manufacturing company, the preparation of budgets and the computation of variances.

The exam consists of two sections:

• Section A will contain 35 two mark objective questions.

• Section B will contain 3 ten mark multi-task questions - one will be on Budgeting, one from Standard costing, and one from Performance measurement.

F2 exam

Although most of the mathematics involved is not complicated in itself, there is a lot of time pressure – it is not easy to complete all of the questions in two hours. Additionally, there often small ‘tricks’ in the wording of the questions which (especially under time pressure) lead to it being easy to choose the wrong answer even if you are happy with the particular topic.

Although all the questions in Section A carry equal marks, they are not all of equal complexity. You will find some of the questions very quick and easy, whereas others will take much longer.

Although the majority of questions involve arithmetic, there will be some questions asking you to choose between quite a few written statements.

Candidates are advised to: 

• Revise the whole syllabus, because the paper will cover the full syllabus. 

• Practice as many multiple choice questions as possible. 

• Read questions very carefully in the examination 

• Ensure that their calculations are complete before selecting their answer to multiple choice questions 

• Try to attempt the “easy” examination questions first. 

• Not to spend too much time on apparently “difficult” questions. 

• Attempt all questions in the examination (there are no negative marks for incorrect answers). 

• Ensure that all parts of the question are answered for section B

• Read All Examiner’s Reports - Link