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OpenTuition.com ACCA Exam Tips – June 2010
Please Note
Tips should not be relied on – they are only intelligent guesses.Their only purpose is to give you suggestions for topics to concentrate on in your last few days of preparation.Do not exclude other topics from your overall preparation.
Tips for ACCA F1 – F3
No exam tips available – Multiple choice questions cover entire syllabus
Tips for ACCA F4 Corporate and Business Law (Eng)
1 Supreme Court article in January Student Accountant or /ratio/obiter/reversing (June 05)2 Meetings and resolutions – special resolution, special notice, special business (Dec 08)3 Company secretary (June 05) or difference between executive and non-executive directors (June 08)4 Debentures – ( fixed and floating ) (June 04) or comparison of debentures with shares (June 08)5 Agent authority (Dec 01)6 Employment law – explanation of unfair and wrongful dismissal (Dec 07/ Dec 08) or difference between employed and self-employed (June 08)
These tips are copied from (http://opentuition.com/) For latest free course notes and lectures & free tutors support on forums visit the site.
 
7 Tort and remoteness of damage (Dec 07)8 Usual question 8 – contract law with invitation, offer, counter-offer, option period, breach  – advise the parties9 Partnership / liability of partners (June 08) / (Dec 08)10 Insider dealing (June 09) or Money laundering (Dec 05)
Tips for ACCA Paper F5 “Performance Management”
 ABCLinear Programming or Decision TheoryBudgeting written + flexedMix & Yield variancesDivisional + transfer pricing
Tips for ACCA Paper F6 “Taxation” (UK)
F6 is very predictable so no tips as such
Practise as many exam standard questions as you can.Make sure you do to time. After the 15 minute reading time you have 1.8 minutes per mark. If a question is split between part (a) 10 marks and part (b) 10 marks then only spend 18 minutes on part (a) and then move on to part (b).Look at all the requirements of the question, can you answer an easy parts first, for example one part maybe standalone and on something very straightforward, so do this part firstYou do not have to answer the questions in the order they are set, if question 5 is the easiest do this one first.Question 3 will be the hardest so leave this until last but make sure you leave 36 minutes to answer it.Do not panic if you can’t remember something in a question, don’t spend too much time
These tips are copied from (http://opentuition.com/) For latest free course notes and lectures & free tutors support on forums visit the site.
 
trying to remember it, have a go or even guess. Then you can move on to other parts of the question. Above all you need 50% to pass, so find the marks you can do. There will always be more than 50% of the question which is examining core areas of the syllabus, only a few marks will be fringe areas, but you do not have to worry about these as you can find the 50 marks you need to pass
Tips for ACCA F7 Financial Reporting (INT)
1 Consolidated Statements of Income and financial Position with subsidiary and associate2 Preparation of a company’s financial statements from an adjusted trial balance3 Report on a company’s performance including ratio calculations. Maybe with a relatively straight forward cash flow4 Construction contracts5 IAS 8 on prior year adjustments and changes in accounting policies
Tips for ACCA Paper F8 Audit and Assurance (INT)
Sales system/receivables, including audit planning.CAAT Analytical proceduresReasons for qualifying – Clarity statementEvents after the period endEthics and risk/client acceptanc
These tips are copied from (http://opentuition.com/) For latest free course notes and lectures & free tutors support on forums visit the site.

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