ACCA Exam Tips - for Dec 06
From: London College of Accountancy (www.londoncollege.org)

Here are some exam tips for the forthcoming December 2006 ACCA exams:

1.2. Financial Information for Management

   1. Variances
   2. Overheads
   3. Process Costing
   4. Pricing
   5. Relevant Costs

2.2. Corporate and Business Law (English)

1.Sources of Law
   2. Law of Contract :-
a) Consideration
b) Terms of Contract
c) Exclusion Clauses
d) Remedies For Breach
e) Privacy of Contract
   3. Company Law :-
i) Incorporation of Companies
ii) Memorandum of Association
iii) Capital (Share + Loan)
iv) Directors
v) Company Secretary / Auditors
vi) Meetings / Minority Protection
   4. Employment Law
   5. Law of Agency

2.6. Audit and Internal Review

   1. Tests and Purchases System
   2. Verification of Debtors/ Receivables
   3. Internal Audit-Objectors of Assignments:- VFM

- Procurement

   4. Ethical issues-Confidentiality
   5. Combined Code of Corporate Governance
   6. Value of an Audit

3.1. Audit and Assurance Services

   1. Audit Risk
   2. Business Risk
   3. Accounting Treatment & Audit Evidence
   4. Ethical Implications
   5. Audit Reports
   6. Environmental Reporting

3.3. Performance Management

   1. Performance Measurement
   2. Transfer Pricing
   3. Pricing (General)
   4. Activity Based Techniques ( Particularly in Budgeting)