ACCA COURSES MARCH /JUNE 2018 - DECEMBER EXAM TIPS ACCA EXAM CALENDAR CHANGES TO P1 AND P3 KATHLEEN REGAN'S P2 - City Colleges
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DECEMBER EXAM TIPS
ACCA COURSES ACCA EXAM CALENDAR
MARCH /JUNE 2018 CHANGES TO P1 AND P3
KATHLEEN REGAN’S P2
Welcome
Dear Student,
You are very welcome to City Colleges where our experienced tutors will help you pass your
ACCA exams first time!
You can now plan and prepare for your March and June 2018 ACCA exams at City Colleges.
See the 2018 exam dates and course timetables inside. We have a range of flexible course OPEN DAYS
options to make learning convenient for you. 12th Dec 2017
5th & 6th Feb 2018
Also, see inside our December 2017 Exams Tips and a calendar of ACCA dates to keep handy.
The big news is that from September 2018 P1 and P3 will amalgamate into Strategic Business
Leader (SBL). This means you have two exam sittings to pass these exams. The new paper will
be four hours with no question choice. Contact me for any guidance on this.
REFER A FRIEND
Did you know that at City Colleges all our live classes from South Great George’s Street in CLAIM €50
Dublin’s city centre are also streamed live and recorded? So you will never miss a class or an €50 credit towards your
explanation. Study anytime, anywhere… You can even ask questions live online during the ACCA courses at City Colleges
class!
It is the best of all worlds and a great advantage for our students.
This is our seventh year streaming classes live so you benefit from our experience, excellent
tutors and leading technology.
Our team is ready to deliver your successful ACCA. It includes Shaun Browne (F8, P7), Mel
Kilkenny (F6, F9 and P6), Martin Corboy (F2, F5, P5), Dr Barry Smith
(F7), and Garret Mulvin (P4).
P2 with Kathleen Regan is now on Wednesday nights. Student pass
rates in Kathleen’s class are exceptionally high (80% pass rate March
2017, 75% June 2016).
The team also includes the excellent Georgina Skehan (F3) and
Eoghan Casey (F4).
Drop in to our Open Days on the 12th December 2017, and, 5th &
6th of February 2018 to meet, chat and get advice. We are here to
help you pass first time!
We look forward to meeting you at City Colleges
Owen O’Reilly
New
Head of Professional Accountancy School New
F1, P1 and P3 lecturer New
New
2
TOP LECTURERS
WHY CITY CITY CENTRE LOCATION
COLLEGES?
South Great George’s Street,
convenient for bus, LUAS or DART
At City Colleges, we believe that the student experience LIVE LECTURES
is, in large part, determined by the quality of the tuition Streamed online & recorded
provided. For this reason, we have assembled a team of
talented and inspiring lecturers who have a wealth of
experience. Classroom based lectures are also streamed FREE MOCK EXAMS
live, as well as recorded and made available for review With detailed tutor feedback
online through our convenient learning system.
BPP ACCA
Approved study materials
SUBSIDISED PARKING
Only €2.50 per night
Mel Kilkenny with Gabriella Beretta Andrew Noonan 78% P1 Second in Ireland AFFORDABLE TUITION
prizewinner in F6
with great offers
CARING TUTORS
LIMITED CLASS SIZES
P4 and P5
‘First in Ireland’
Sept 2017
“The online
lectures are vital
to enable me to
participate in class.”
w photograph derails to come.
w photograph derails to come.
Lyndsey Phelan Darran Flanagan Hazel Hourigan
ACCA F6 June
w photograph 2017 examinations
derails to come. ACCA P7 June 2017 examinations ACCA F6
2nd Placed in Ireland
w photograph
9th Globallyderails to come.
1st Placed in Ireland
5th Globally
87% June 2017 examinations
Lisa Hopkins
88% 75%
3
MARCH 2018 ACCA EXAM
BUY 1
COMBINED
COURSE
GET OTHERS
HALF PRICE
COURSE OPTIONS & FEES
F5-F9 P1-P7
1. BOX SETS €495 €595
• Recordings of the previous taught course
• Recordings of the previous revision course
RESIT RESIT
• Includes tutor & forum support, tests and mock exam feedback €350 €395
2. REVISION COURSE €350
• Classroom based live revision course in January & February 2018
• Also available live online and recorded
• Mock with tutor feedback
3. COMBINED COURSE €695
+
• Includes both 1 and 2 above
• Highest success rate RESIT
• Special discounted price €437
TIMETABLE
MODULE TUTOR START FROM BOX SET OPTION REVISION COURSE OPTION EXAM
F5 Performance Management Martin Corboy 13th Dec Dec 2017 Taught & Revision Courses (65hrs) Revision Course Dec 2017 recording 7 Mar
F7 Financial Reporting Dr Barry Smith 13th Dec Dec 2017 Taught & Revision Courses (58hrs) Revision Course Dec 2017 recording 6 Mar
F8 Audit & Assurance Shaun Browne 13th Dec Dec 2017 Taught & Revision Courses (58hrs) Revision Course Dec 2017 recording 5 Mar
F9 Financial Management Mel Kilkenny 13th Dec Dec 2017 Taught & Revision Courses (50hrs) Revision Course Dec 2017 recording 9 Mar
P1 Governance, Risk & Ethics Owen O’Reilly 13th Dec Dec 2017 Taught & Revision Courses (61hrs) 18/25 Jan, 1/8/15/22 Feb 7 Mar
P2 Corporate Reporting Kathleen Regan 13th Dec Dec 2017 Taught & Revision Courses (65hrs) 23/30 Jan, 6/13/20/27 Feb 6 Mar
P3 Business Analysis Owen O’Reilly 13th Dec Dec 2017 Taught & Revision Courses (65hrs) 24/31 Jan, 7/14/21/28 Feb 8 Mar
P4 Advanced Financial Mgt Garret Mulvin 13th Dec Dec 2017 Taught & Revision Courses (65hrs) 22/29 Jan, 5/12/19/26 Feb 9 Mar
P5 Advanced Performance Mgt Martin Corboy 13th Dec Dec 2017 Taught & Revision Courses (63hrs) 18/25 Jan, 1/8/22 Feb, 1 Mar 7 Mar
P7 Advanced Audit & Assurance Shaun Browne 13th Dec Dec 2017 Taught & Revision Courses (58hrs) 16/17/18 Feb 5 Mar
• Tutor support emails from 13th December - guides your progress
CLASS TIMES • Excellent tutors (P1 82% pass rate Dec 16, P2 80% and P3 86% Mar 17)
• All students get tutor marked progress tests and mock exams
Evening Classes 18.15 – 21.30
Friday Classes 14.00 – 17.30 • Mocks are always included free of charge because they are important
Saturday Classes 09.30 – 17.00 for your success!
Sunday Classes 10.00 – 17.00 Please note F4, F6 and P6 are not available in March or September
Timetables are subject to change.
4
JUNE 2018 ACCA EXAM BUY 1 FULL COURSE
GET OTHER FULL
COURSES
HALF PRICE
COURSE OPTIONS & FEES
F1-F3 F4-F9 P1-P7
FULL COURSE €495 €695 €875
CLASSES CLASSES ONLINE CLASS RECORDINGS
- Classroom weekly classes
- Also live online & recorded RESIT RESIT RESIT
- Revision course €247 €347
- Mock with tutor feedback REVISION
CLASSES
REVISION
ONLINE
MOCK
EXAM
€437
REVISION ONLY
- Classroom based revision course
CLASSES CLASSES ONLINE CLASS RECORDINGS
€250 €300 €350
- Also live online & recorded
- Mock with tutor feedback REVISION REVISION MOCK
CLASSES ONLINE EXAM
FULL COURSE:
ONLINE ONLY CLASSES CLASSES ONLINE CLASS RECORDINGS €400 €650 €750
- Weekly classes: live online & recorded
- Plus online revision course
REVISION
- Mock with tutor feedback REVISION
CLASSES ONLINE MOCK
TIMETABLE
ACCA Paper Lecturer Evening Start Additional Classes Revision Exam
F1 Accountant in Business Owen O’Reilly Thursdays 24 Feb 24 Feb, 3/24 Mar 14/19/26 Apr CBE
F2 Management Accounting Martin Corboy Mondays 26 Feb 4 Mar, 7 Apr 13/14/21 May CBE
F3 Financial Accounting Georgina Skehan Tuesdays 20 Feb 10/25 Mar 8/15/29 May, 5 June CBE
F4 Corp & Business Law Mar Start Eoghan Casey Wednesdays 07 Mar 9/16/23 May CBE
F5 Performance Management Martin Corboy Wednesdays 21 Feb 24 Mar, 8 Apr 9/12/16/23/30 May 6 Jun
F6 Taxation Mel Kilkenny Tuesdays 13 Feb 3 Mar 8/15/19/20/22/29 May 7 Jun
F7 Financial Reporting Mar Start Dr Barry Smith Thursdays 08 Mar 11 Mar, 14/22 Apr 10/14/17/24/26 May 5 Jun
F8 Audit & Ass Weekends - Mar Start Shaun Browne * 6 Weekend days 10 Mar 25 Mar, 7/15/21/29 Apr 12/13/18 May 4 Jun
F9 Financial Management Mel Kilkenny Wednesdays 21 Feb 28 Apr 6/9/16/23/30 May 8 Jun
P1 Governance, Risk & Ethics Owen O’Reilly Tuesdays 13 Feb 29 Apr 24 Apr, 1/8/15/22/29 May 6 Jun
P2 Corporate Reporting Kathleen Regan Wednesdays 14 Feb 15 Apr 9/13/16/23/30 Apr 5 Jun
P3 Business Analysis Feb Start Owen O’Reilly Mondays 12 Feb 25 Mar, 7/21 Apr 30 Apr, 12/14/21/28 May 7 Jun
P3 Business Analysis Mar Start Owen O’Reilly Mondays 10 Mar 25 Mar, 7/21 Apr 30 Apr, 12/14/21/28 May 7 Jun
P4 Advanced Financial Management Garret Mulvin Thursdays 15 Feb 11 Mar, 14 Apr 10/17/24/26/31 May 8 Jun
P5 Advanced Performance Management Martin Corboy Tuesdays 20 Feb 10 Mar, 29 Apr 6/8/15/22/29 May 6 Jun
P6 Advanced Taxation Feb Start Mel Kilkenny Mondays 12 Feb 25 Mar, 7/21 Apr 30 Apr, 5/12/14/21/28 May 7 Jun
P6 Advanced Taxation Mel Kilkenny Mondays 10 Mar 25 Mar, 7/21 Apr 30 Apr, 5/12/14/21/28 May 7 Jun
P7 Adv Audit & Ass Wkends Mar Start Shaun Browne 6 Weekend days 11 Mar 24 Mar, 8/14/22/28 Apr 11/19/20 May 4 Jun
F PAPERS 6.15PM - 9.15PM At City Colleges ALL students get to
CLASS P PAPERS 6.15PM - 9.30PM
MOCKS
do the mock because it is the most
FRIDAY 2.00PM - 5.00PM
TIMES
important part of your preparation.
SAT 9.30PM - 5.00PM
SUN 10.00PM - 5.00PM Flexible date options
*F8 and P7 with Shaun Browne are weekend classes
Note: All timetables may be subject to change
5
OUR LECTURERS
Owen O’Reilly BA MBS
Head of Professional Accountancy School
Paper Specialist: F1, P1 & P3
Owen is a leading lecturer (formerly BPP) with extensive
ACCA and CIMA professional accounting exam experience
“ Your exam techniques are brilliant.
“I can say 90% of the topics that you stress before
the exam came up in June 2017 sitting. “
- Zulfa Mohamad
and more than 40 student prize-winners.
“Thank you so much for all you effort and help. I learned
His focus is on your exam technique and your exam success. more in four classes with you than I ever have. I have
He is well known for his student centred approach and been recommending you to everyone! Thanks again.”
- Amy Carroll
entertaining classes which lead to very high pass rates. For
example, 88% passed in P1 in December 2015 (vrs 47%
overall).
“I only had one month to prepare for the exam your
classes and notes are world class. “
He is the winner of the UCD/NIB Smurfit Business School - Adam Ahmed
Masters Scholarship Award and a double CIMA prize-winner.
Garret Mulvin FCA
Paper Specialist: P4
Garret Mulvin (formerly BPP and First Intuition) is a very
popular tutor who specialises in Financial Accounting, and
Financial Management. Among his many prizewinners are
“ I really can’t recommend Garret
highly enough. -
From the very first lecture it was evident to see Garret’s
ambition for the success of all his students. Garret’s in
depth knowledge of the course material along with the
ability to help students understand difficult concepts
several first placed students.
made the classes very enjoyable and beneficial. I really
can’t recommend Garret highly enough. “
He is a fellow of the Institute of Chartered Accountants
- Tom Kiely
of Ireland (CAI) and qualified as an accountant with Price
Waterhouse Coopers in Dublin.
“I would definitely recommend Garret Mulvin.. I was
able to pass first time achieving a mark of 70%. The
Garret is renowned for his exceptional tuition and exam
main thing I enjoyed was the relaxed environment with
techniques and is dedicated to delivering you your pass in
the excellent tutoring. I will be definitely signing up for
P4 Advanced Financial Management.
lectures with Garret again.”
- Greg Rooney
“
Shaun Browne MAAT FCCA One of the best ACCA lecturers I have
Paper Specialist: F8 & P7
had.
Weekend Classes
It is evident that Shaun knows this subject inside
Shaun is an immensely popular and brilliant tutor who has a out, his lectures are interesting and entertaining.
passion for teaching ACCA. He believes in making the class He gives great tips on what are the important things
as interesting and as much fun as possible so that students to remember and even better than that he thinks of
enjoy learning. He includes lots of anecdotes about his work inventive ways of remembering those things.”
as a trainee and a partner to help students appreciate the
- Amanda Miley
practical aspects of auditing. Shaun is a great believer in ‘learn
the basics’.
This advice has stood the test of time with many UK, Irish and “One of the best ACCA lecturers I have had. Very
world-wide prize-winners in Auditing to his name. Shaun is a funny which is important to keep class interesting.
teaching phenomenon that we fly in from London because he This is my final ACCA exam and have found the
is the best. He has a colossal reputation for student success lecturer’s approach one of the best.”
- Nicola Donnellan
and enjoyable classes.
Martin Corboy AITI, FCMA, MBA
Paper Specialist: F2, F5 & P5
Martin Corboy is a graduate of UCD and came first in the
world in his final CIMA exams. Martin is an Associate of the
Institute of Taxation, a Fellow of the Chartered Institute
of Management Accountants, a Member of the Chartered
“ Martin is a very knowledgeable lecturer
on P5 & has a great sense of humour.
I’d fully recommend attending Martin’s
class!”
- Hong Yan
“As a working professional, doing accountancy exams
Management Institute and an Academic Fellow of the takes a lot of effort & time. I found Martin Corboy to
Association of International Accountants. He has been be exactly the instructor I needed, he teaches clearly,
lecturing to professional accountancy students for the last takes time to explain but ensures the full syllabus is
16 years and he has a reputation as one of the top ACCA covered in time for the big day!”
tutors in Ireland. -Karl Deeter,
Compliance Manager at Irish Mortgage Brokers and
columnist for the Sun on Sunday and Sunday Business Post
6
“
Georgina Skehan Georgina Skehan is an
BA (Hons), MSc, FCMA CGMA, D, FCA excellent tutor.”
Paper Specialist: F3 - Sinead Graham
Weekend Classes
Georgina is an accomplished finance and accounting lecturer at
undergraduate, postgraduate and professional levels. She placed “Georgina’s exam techniques helped me to be
4th in Ireland when completing her own CIMA finals and has brought relaxed and well prepared for my Managing
this expertise into the lecture hall with many of her students placing Finances ACCA paper, in which I achieved first
1st, 2nd, 3rd in Ireland and 2nd - 15th in the world across a range of place in Ireland and second place worldwide.”
subjects in numerous exam sittings. Georgina has a reputation as
- Evelyn Delahunty
being an approachable and supportive lecturer
“
Dr Barry Smith, PhD, FCA Barry is an absolutely
Paper Specialist: F7
brilliant lecturer. He has
Free access to Tenjin software
an excellent lecturing
Barry is a very popular and experienced ACCA tutor having taught approach.”
F3, F7, and P2 modules. - Viktorija Balandina
His popularity as a lecturer results from being exam focused and
from his ability to explain complex accounting topics. In 2010, his
‘Introductory Financial Accounting and Reporting’ textbook was
published by McGraw-Hill and has been extremely well received by “Brilliant lecturer, dedicated and very
teachers and students. focused on exam techniques.”
Barry is a Chartered Accountant and holds postgraduate degrees
from UCD (MEconSc) and University of Birmingham (PhD). He - Tatjana Valevko
also holds an ACCA Diploma in International Financial Reporting
Standards (DipIFR). All F7 students will get free access to the
cutting edge Tenjin software which is another City Colleges’
innovation for F7.
Mel Kilkenny BComm, AITI
Paper Specialist: F6, F9 and P6
Mel has lectured on taxation subjects for ACCA examinations since
1992. He is highly exam focused in his approach, and is admired for
his personable, and practical teaching style. He is the author of the
well-regarded Kilkenny Tax Publications textbooks and revision kits
“ Mel is an excellent
lecturer with fantastic
teaching style.
”He really engages students throughout the
lecture. Even though I am completing the course
for P6 and F6 which are popular with Tax students throughout the online I feel just as much a part of the class as
country. Mel is also an experienced examiner, having spent a number those who are physically attending.”
of years as examiner for the Institute of Chartered Accountants - Kirsten Mullins
Ireland and the Irish Tax Institute.
Apart from the Tax papers Mel also brings his experience and “Mel is fantastic lecturer! 100% exam focused
teaching skill to F9 Financial Management. Always dedicated to and always goes extra mile for the students.”
delivering you your pass! - Tatjana Valevko
“
Kathleen Regan
I find Kathleen excellent
Paper Specialist: P2
for P2. She is clear, concise and
Wednesday Classes
covers all the main points.”
Kathleen is a vastly experienced lecturer in Corporate Reporting
and Management. She has delivered P2 lectures since 2003 with - Sinead Graham
BPP. She is a popular and dedicated tutor and offers convenient
weekend classes for P2. Kathleen is an Associate of the Corporate “I am doing the course online and Kathleen was
Treasurers in Ireland, a Fellow of ACCA and holds a Masters in extremely quick to respond and very helpful
Corporate Finance and Accounting from University College Cork. with my query.” - Sharon Collins
Kathleen previously held the role of Managing Director of
Professional Accountancy Lecturers and Audit Senior for Moore “Content is very well delivered for P2. Easy to
Stephens (formerly Patrick McNamara and Associates) in Limerick. understand. Good study tips.”
- Claire Frain
Eoghan Casey BA, BL
“Classes were informative, fun, and presented in
Paper Specialist: F4
a way that stuck in your head so you could easily
Eoghan Casey is a Barrister and lecturer in law who has extensive remember and relate back to the associated
experience preparing students for both the Law Society of Ireland case. I passed first time with very little effort
and King’s Inns Entrance Examinations. He holds a First Class required since Eoghan made it so easy and
Honours Degree in Mathematical Science, and is particularly skilled logical. I would highly recommend Eoghan Casey
at teaching students how to excel in professional examinations. He as a F4 lecturer.”
- Trudy Byrne
is an extremely popular and experienced ACCA F4 tutor.
7
DECEMBER 2017 EXAM TIPS
Always cover the full syllabus. You need to be extremely careful that you do
not ‘question spot’. Professional exams will always examine the full breadth
of the syllabus. Exam tips from our experienced tutors are provided to
give some reasonable guidance to help you prepare for your exams while
acknowledging that any syllabus topic can come up in the exam. See the
topics more as a ‘to do list’ of areas you especially need to cover
F7 F8
Shaun
Dr. Barry
Smith Browne
Section A Section A
Fifteen two-mark multiple choice questions on a wide range of topics This section could cover the entire syllabus testing you via multiple choice
including consolidation, interpretation of financial statements and questions (MCQ’s) based upon different scenarios. The whole purpose
non-core topics. of testing you via MCQ’s is that the examiner is able to cover the entire
syllabus with lots of short questions as opposed to the longer more
specific areas in Section B.
Section B
Three case study questions each with five two-mark questions
Section B
Each scenario could be a mix of topic areas or focused on one topic
and will usually consist of two/three calculations and two/three Traditional written questions testing your knowledge and application. The
narratives. main areas that are regularly examined are:
Questions are not dependant on each other. Audit Risk: Identifying audit risks (IR, CR, DR) from the scenario given and
the auditors response to these risks
Section C Internal Controls: Deficiencies, consequences and recommendations e.g.
in a sales or payroll system
Two 20 mark questions, one covering interpretations and the other
preparation of financial statements. Balance Sheet Auditing: Substantive audit procedures e.g. Inventory or
accruals
One question is likely to be in the context of a single entity and one in
the context of a consolidation. Corporate Governance and Ethics: Best practice and ethical threats/
safeguards
Accounts preparation questions may include extracts or stand
alone calculations or full statements of profit or loss and other My advice is to attempt Section B first as Section A answers tend to be
comprehensive income and/or statement of financial position. so similar that you could easily confuse yourself! I have lots of models to
guide you and lots of examination technique tips to help you get through
Both questions will cover the accounting for items from other areas the exam.
of the syllabus.
All the best! Good luck with your studies!
Dr. Barry Smith F7 specialist Shaun Browne F8 and P7 specialist
8
P1
Owen
P3
Owen
O’Reilly O’Reilly
Requirements can and will come from anywhere on the syllabus! No new P3 is massive and unfortunately anything can and will come up. Best
articles: Recent article on Integrated Reporting still NB. Possibly also CG advice is to use the financial evidence to make many short/quick points
Inside Out (Cultural/values – Tone from the Top). where you say what your point (THIS) MEANS for the company. Expect more
Marginal and Relevant Costing issues. Note articles: Costing for Decision
Some areas to note for our Revision Course include: Making (Oct 16). Performance Indicators (Sept 16). Expect some P1 issues –
I/C, risk, governance, ethics (note Shop Reviewers M/J 16).
Corporate Governance
Some areas to note for our Revision Course include:
1. Charity CG (HHO 6/11)/ Public Sector (VFM) (Chambon 12/14)vrs for profit.
2. Family co diffs in governance (LumCo 6/12, Happy & H 6/10, Lysus 6/15) Position
= INSIDER/Outsider. 1. Note any APPENDIX as possible Pro forma for your answer (QTP M/J 16).
3. Role of company secretary/Chairman/CEO/NEDS (Chemco pilot)(NIC 2. Regression analysis/Time series (Coolfreeze Pilot, ATD & Noble Pets
12/14,Geeland 12/11) 12/14, ATL 12/11, Mock 1) Qualitative Forecasting/Scenarios (Nesta 6/13)/
4. All Comms, Nomination comm– Diversity (HWL 12/13), succession 3. Financial analysis (Housham Garden 12/13, Joe Swift 06/10, MMI 12/08,
planning, Committees (Hafnium 6/15) QTS Group S/D 15, QTP M/J 16)
5. Agency (Rosey 6/15, CSC S/D 16), Stakeholders (Rosey 6/15, Philo M/J 16) 4. Flex Budget/Variance analysis, Activity BC, Budgeting, (Coolfreeze Pilot,
M&G Sept 15)
6. Two tier board (Lum 6/12),
5. Benchmarking, CSF, KPIs (ICOM Sept 15) [Performance Mgt ARTICLE]
7. Principles of CG (MRA Sep/Dec /15), CPD (Loho 12/14), Induction
(Lum 6/12) 6. Analyse performance (Shoal 12/10, Roam 12/14, TMZ 6/15) BCG
(Shoal12/10)
8. Bribery(MRA 9/12 15)
7. Cultural Web (MidshireHealth, National Museum, QTS Group S/D 15)
Risk and Internal Controls 8. Strategic Capability/Resources/competences (Wetlands 6/10, ONA 12/07,
9Ms)
1. Internal Control disclosures SOX vrs Turnbull
9. Porter’s 5 Forces (Nesta 6/13) Diamond (Machine Shop 12/13)/ VALUE
2. Case for mandatory external reporting of IC on FR & risks (ZPT 12/10)
CHAIN (QTP M/J 16)
(Mahmood 6/14)
3. IC (Pulpo 6/15, CSC S/D 16) over fraud/ IC limitations Choices/Options
4. Contents of Ext Report on IC (West v Leroi 6/8) 1. SAF – use SAF to evaluate ANY strategic option requirement
5. Risk defs (ALL!), Risk manager role (H&Z 6/9), External Risk Audit (World 2. Marginal Costing & Contribution. Make or buy decisions (Outsourcing),
Justice 6/14) Strategic vrs operational risk (P&J 12/12), Risk is dynamic Special contracts, Closure decisions, Scarce resources (EcoCar 6/11,
(YGT 6/11), TARA (YGT 6/11), ITTrain 6/14, YTR 6/15) [Costing for Decision ARTICLE]
Ethics 3. Probability/Expected value (iTTrain 6/14, 2Tel 6/15, 6/16)
1. Relativism, Absloutism, deontological, teleological (MRA 9/12 15) 4. Generic Strategies (YTR 6/15), TOWS (ReInk 6/14), Ansoff (Greentech
6/09)
2. Public Interest (Policy Speech 06/09, Ann Koo 6/11, HH 6/14, Philo M/J 16)
3. AAA (Hayho 6/12)/ Tucker(RDC 12/12)/ Kolhberg (Bobo 6/11, Pulpo 6/15, Action/Implementation
Angus Fortune M/J 16) 4 ethical stances (HWL 12/13) 1. Investment appraisal/Business Case (Hammond Shoes 6/12, IIA
4. GOA (Football 12/07, ‘Rights and Responsibilities’ in Biggo 12/11, Plantex 6/14, Graffoff 12/12), Benefits Mgt (Brighttown 6/15) / Project reviews
Sep/Dec 15) (HomeDeliverer 12/11) / Project controls (gateways, highlight reports)
5. Normative vrs instrumental approach to stakeholders (JH Graphics 34 2. Harmon (Chem Trans 6/13) Swimlanes (Cooper Uni 9/12/15, Stella 12/14),
in Kit) & ADDIR, POPIT (Westoria M/J 16, 19 Finch Co in BPP Kit)
6. Ethical Threat to independence/safeguards (Ann Koo6/11, Hum and Hoo 3. Methods of Financing JUNE 16Q1c
6/14) 4. Software package evaluation /procurement (OneEnergy 6/09, Flexpipe
7. Corporate codes of ethics (JH Graphics 34 in Kit, Hogg 12/08, Coastal Oil 6/12, Bridgeco 6/14, Westoria M/J 16)
12/11) ACCA Prof Code (Angus Fortune M/J 16, MARCH 17) Corporate 5. E Procurement (Cronin Auto 6/11), Online branding, Leadership style/ Job
Citizen enrichment (ARC 6/13),
8. Sustainability (JGP 12/10, Wyland 12/13)/ full cost accounting /CSR(Rosey 6. Integrated Reporting (6 capitals) (ICOM Sept 15)
6/15)
7. 6 ‘I’s and Pricing (Holiday Co M/J16), Contextual Factors (Shoal 12/10 QTS
9. EMAS Env Audit/Footprint (JGP 12/10, Pulpo 6/15, Hum 6/14, WSK M/J 16) Group S/D 15)
Environmental report Pulpo 6/15)
10. IR (Plantex Sep/Dec 15) 3Es (Philo M/J 16) Exam technique is crucial! USA: Understand the requirement. Structure
answer (use Key Words!). Apply to scenario. Do the mock and then do
Exam technique is crucial! USA: Understand the requirement. Structure another. These are essential for your time management success. Be
answer (use Key Words!). Apply to scenario. Do the mock and then do sceptical of benefits, probabilities, figures generally.
another. Stress the professional qualities of Accountability, Scepticism,
Independence, and Sustainability in your answers. And... Good luck!
And... Good luck! Owen O’Reilly P1 and P3 specialist, City Colleges
Owen O’Reilly P1 and P3 specialist
9
P5 P7
Martin Shaun
Corboy Browne
General advice on P5 The key requirement to pass P5 questions is to read Variants
the exam question very carefully to ensure that you know exactly what the First of all don’t forget that you have two main choices of variant with P7.
examiner is asking you to do and that you clearly understand the link between These are Irish or International variants. As a guide if you are planning to
1) the question requirement 2) the scenario presented to you and 3) the be an audit partner and you currently work in an audit practice (medium
technical content of the P5 syllabus. These links should be clear to you before to large firm) then the Irish variant is best for you, otherwise choose the
you start writing your answer, if they are not, it is highly likely that you have International variant. You should also have chosen P2 UK variant as well
misinterpreted what the question is asking you to do. … (no Irish variant for accounting standards) in order to qualify for an Irish
practicing certificate
Key areas that you need to focus on:
The link with corporate mission, CSF’s, KPI’s and information systems. (It is Section A (Compulsory)
vital that the information provided to management actually enables them to The format of this paper hasn’t changed for quite a while, good news for us all!
monitor the successful implementation of strategy. The role of information
systems and performance reports is regularly examined in the Case Study 50 Q1 tends to be on risk and planning and covers Audit Risk, or Business Risk
marker. or Financial Statement Risk (RoMM). The examiner has been known to mix
up these topics e.g. Q1 a. Business Risk and Q1 b. FS Risk. Make sure you
Also make sure you cover Budgetary Control systems like Variance Analysis know all 3 risk areas well.
as a performance management system versus ABC/ABM/VCA and lean
manufacturing Q2 is traditionally the non-audit question covering topics such as Forensics,
Due Diligence, Internal Audit, Outsourcing, KPI’s and PFI (don’t forget
Some areas to note include: Insolvency for Irish variant students).
· Fitzgerald & Moon’s Building Blocks/Lynch & Cross’s Performance Pyramid/ Section B (Optional 2 from 3)
Balanced Scorecard
Q3 is the file review question that you perform as an audit manager
· Prediction of Corporate Failure Models considering the matters and evidence. This question tests your detailed
· The role of Big Data-note in particular the recent article by Ken Garrett now knowledge on F3, F7 and P2 accounting standards. Don’t forget to bring in
on the Technical resources database for P5 materiality!
· Interpreting Financial Data-Dangers-note technical article Q4 is usually the Ethics and Practice Management question that could
include quality control, tendering, lowballing, fees and advertising plus steps
· Management by Objectives (Performance Appraisal) and the use of Reward or actions you may take. Irish variant students don’t forget the new FRC
strategies 2016 Ethics Standard that replaced the 5 individual FRC Ethical Standards.
· Performance Metrics-EVA/ROI/RI/Shareholder Value Finally Q5 is traditionally the audit reporting question. With the new format
· 6 Sigma and Quality of the audit report and the new Key Audit Matters (KAM) this is likely to be
a regular contender for the next few sittings. Don’t forget the going concern
· Integrated Reporting-implications for management accountants
paragraph if required and be able to comment and consider alternative audit
· Environmental KPI’s opinions.
If you have any queries about the syllabus, or which variant to choose then
Good luck with your studies!
please do get in touch. Good luck with your studies!
Martin Corboy, F5 and P5 specialist Shaun Browne F8 and P7 specialist
CALENDAR OF KEY ACCA DATES FOR 2018
JANUARY 15th Jan: December Exam results 29thJan: Standard March Exam entry deadline
FEBRUARY 5th Feb: Late March Exam entry deadline 12th Feb: Early June exam deadline
MARCH 5th - 9th Mar: Exams week
APRIL 16th Apr: March Exam results 30th Apr: Standard June Exam entry deadline
MAY 7th May: Late June Exam entry deadline 14th May: Early Sept exam deadline
JUNE Jun 4th - 8th: Exams week
JULY 16th July: June Exam results, 30th July: Standard Sept Exam entry deadline
AUGUST 6th Aug: Late Sept Exam entry deadline 13th Aug: Early Sept exam deadline
SEPTEMBER 3rd - 7th Sept: Exams week
OCTOBER 15th Oct: Sept Exam results 29th Oct: Standard December Exam entry deadline
NOVEMBER 5th Nov: Late December Exam entry deadline 12th Nov: Early March exam deadline
DECEMBER 3rd - 7th Dec: Exams week
10DIPLOMA IN ACCOUNTING & BUSINESS
The Diploma in Accounting and Business is a great start to How long will it take to complete?
your ACCA journey! This internationally recognised ACCA It’s up to you as there is no time limit. You can sit the exams on
Diploma is granted to those who pass the first three papers demand as computer-based exams in our ACCA approved CBE
F1, F2 & F3. No previous academic qualifications are required centre here at City Colleges.
to study for these qualifications which provide you with a
very good grounding in accounting. Diploma in Accounting and Who are my tutors?
Business requires you to pass; Your tutors are Martin Corboy (F2), Georgina Skehan (F3) and
• Accountant in Business (F1) Owen O’Reilly (F1). These are all excellent and caring tutors who
• Management Accounting (F2) will guide you with their extensive exam experience and good
• Financial Accounting (F3) humour.
In addition you will be required to complete a professionalism When can I start?
and ethics module called Foundations in Professionalism. Classes commence in February 2018. Remember all classes are
Furthermore you will be required to complete one year’s streamed live and recorded for your convenience. So you will
relevant practical experience in any accounting environment never miss a class or an explanation. The recordings also make
to show you can use your knowledge from the exams in the later starts possible. Call if you have any questions – or drop in
workplace. Experience can be completed before, at the same for a coffee at any stage and we will get you started on your ACCA
time or after taking your exams. journey!
LIVE LECTURES
Streamed Online & Recorded
City Colleges is Ireland’s original provider of ‘Live,
Streamed and Recorded’ ACCA tuition.
Our live ACCA classes from South Great George’s
Street in Dublin are ALSO broadcast live online
throughout the country. This is our seventh year
streaming our classes live and our experience in
delivering, streaming and recording your classes is
a key benefit for you because you will never miss a
class or an explanation.
You can even ask questions online during the class!
It is the best of all worlds and a great advantage
for our students because you can watch at your
convenience.
“
Ireland’s original provider
of ‘Live, Streamed Availability of online facility
means I don’t miss classes
and Recorded’ when I travel with work”
ACCA tuition - Ciaran Maloney
11Live. Streamed. Recorded.
CITY COLLEGES
WHY CITY Your Clear Advantage
COLLEGES?
• Convenient city centre location
ENROL NOW
• Attend from anywhere with classes streamed online
• Remote participants can ask questions live ONLINE
Enrol and pay on our website
citycolleges.ie to secure you place
• Never miss a class or an explanation
POST
Download an application from
our website, or call 1850 25 27 40
y to request an application form
Liffe
Trinity College
PHONE
Apply by phone
Call 1850 25 27 40
Street
City Colleges
South Great George’s
Wicklow House, 84-88 South
Great George’s Street,
Luas Dublin 2, Ireland
Tel: 1850 25 27 40
Email: acca@citycolleges.ie
Web: www.citycolleges.ieYou can also read
