⭐️ HOW TO PASS ACCA SBR FIRST TIME & WITH A PASS MARK OF 66! ⭐️| ACCA Strategic Business Reporting |

Summary

In this informative YouTube video, ACCA student Anton shares his successful strategy for passing the ACCA SBR exam with a score of 66. He emphasizes the importance of studying the entire syllabus, utilizing past exam papers under timed conditions, and focusing on key areas such as financial instruments and technical articles. Anton also discusses the value of additional resources like Kaplan and free online materials, and stresses the significance of time management and having a clear game plan during the exam.

Takeaways

• 📚 Start with a solid foundation: Brush up on the Conceptual Framework and key standards before diving into SBR (Strategic Business Reporting).
• 📈 Focus on the breadth of the syllabus: Ensure comprehensive coverage of all examinable standards to avoid question spotting.
• ⏰ Time management is crucial: Plan and adhere to a strict schedule for each question to maximize the marks you can achieve.
• 📝 Practice past papers under exam conditions: Use timed practice to gauge your progress and familiarize yourself with the exam format.
• 🔍 Utilize all available resources: Beyond study materials, explore ACCA's technical articles, Kaplan's practice platform, and free resources like Tom Clinton's podcasts.
• 💡 Understand financial instruments: Even if they seem complex, focus on recognizing and treating them correctly in exam scenarios.
• 📉 Prioritize ethical questions: Know the five ethical pillars and practice applying them to scenarios for quick and accurate responses.
• 📊 Familiarize with performance measures: Be prepared to discuss the context and limitations of using measures like EBITDA in statutory accounts.
• 📉 Develop a game plan: Identify your strengths and plan your approach to the exam questions to tackle them efficiently.
• 🔢 Know your calculator: Be proficient with calculator functions to speed up calculations without errors.
• 🌟 Apply knowledge to real-life scenarios: Use additional resources to understand how to apply SBR concepts beyond just memorizing standards.

Q & A

What is the main topic of the video?

The main topic of the video is to provide tips and strategies on how to pass the ACCA SBR (Strategic Business Reporting) exam.

Who is Anton and what is his relevance to the video?

Anton is a guest on the video who has passed the ACCA SBR exam with a mark of 66. He shares his experiences and strategies that helped him pass the exam.

What study materials did Anton use for his SBR preparation?

Anton used Kaplan study materials for his SBR preparation and followed a structured study plan over a three-month period.

Did Anton take the SBR exam by itself or with another exam?

Anton took the SBR exam by itself, as he found it to be a heavy accounting exam that requires full focus.

How did Anton manage his study time while working full-time?

Anton managed his study time by attending Kaplan's Saturday sessions and revising after work every day, focusing on consolidating knowledge and completing homework.

What is Anton's advice on the importance of covering the entire syllabus for the SBR exam?

Anton advises that covering the entire syllabus is crucial for the SBR exam, as all standards can come up and having a breadth of knowledge is necessary.

Why is practicing past exam questions essential for passing the SBR exam, according to Anton?

Practicing past exam questions is essential because it helps candidates to understand the exam format, manage time effectively, and get a true reflection of their understanding and application of the syllabus.

What challenges did Anton face with the financial instruments topic during his SBR preparation?

Anton found the financial instruments topic challenging due to its complexity. However, he emphasized the importance of understanding the bookkeeping aspects and how to treat them in an exam scenario rather than the depth of all financial instruments.

How did Anton incorporate ACCA's technical articles into his study routine?

Anton incorporated ACCA's technical articles by integrating them into his study routine, recognizing that they cover important and often exam-relevant topics that provide an advantage in the exam.

What was Anton's strategy for approaching the SBR exam questions, and why is it effective?

Anton's strategy was to have a game plan for the exam, starting with the questions he felt most comfortable with to build momentum and confidence. This approach is effective because it allows candidates to secure marks in areas they are strongest in first, before tackling more challenging questions.

What advice does Anton give about time management during the SBR exam?

Anton advises candidates to manage their time strictly during the exam by allocating specific time slots for each question and sticking to this schedule, even under pressure, to ensure they attempt all questions and maximize their marks.

What role did the conceptual framework play in Anton's preparation for the SBR exam?

The conceptual framework played a crucial role in Anton's preparation as it is a recurring theme throughout the SBR exam. Understanding concepts like 'faithful representation' and 'relevant and comparable information' is essential for effectively answering exam questions.

How did Anton utilize additional resources like YouTube for his SBR exam preparation?

Anton utilized additional resources like YouTube by following channels like Tom Clinton's, which provided free resources such as podcasts and live sessions, to enhance his understanding and application of the SBR syllabus.

What is Anton's perspective on taking the SBR exam with Advanced Audit and Assurance?

Anton suggests taking the SBR exam first and then moving on to Advanced Audit and Assurance. He believes that consolidating knowledge in SBR first will make the transition to Advanced Audit and Assurance smoother and more effective.

Outlines

00:00

🎓 Introduction to ACCA SBR Exam Strategies

The video begins with a warm welcome to the YouTube channel, focusing on strategies to pass the ACCA SBR (Strategic Business Reporting) exam. The host is joined by Anton, who recently passed the SBR with a score of 66. Anton shares that he is an ACCA student who has passed 11 out of 13 exams, with SBR being his most recent success. He discusses his experience studying for SBR over a three-month period, starting in January and taking the exam in March. Anton emphasizes the importance of focusing solely on SBR due to its heavy reliance on accounting knowledge and recommends not combining it with another exam. He also details his study routine, which included attending Kaplan's weekend classes and daily revision after work.

05:02

📚 Navigating the SBR Exam Preparation

Anton provides insights into his SBR exam preparation, highlighting the importance of covering the entire syllabus rather than attempting to predict or skip certain topics. He stresses the need for breadth in knowledge, as the exam can cover any part of the syllabus. Anton also underlines the critical role of practicing past exam papers, suggesting that students should attempt them under timed conditions to simulate the actual exam experience. He recalls his own exam in March 2022, noting that financial instruments were a challenging area for many students. Anton also discusses the value of ACCA's technical articles, advising students to incorporate them into their studies as they often feature in the exam.

10:04

🕒 Time Management and Exam Strategies

The conversation shifts to time management and exam strategies. Anton advises students to allocate specific time slots for each question during the exam and stick to that schedule rigorously. He shares his personal technique of noting down the time allocation for each question on a piece of paper during the reading time before the exam starts. Anton also talks about the importance of starting with questions they are most comfortable with to build confidence and momentum. He suggests that students should aim to attempt all 100 marks' worth of questions to maximize their scoring opportunities.

15:06

📈 Addressing Complex Topics and Ethical Questions

Anton reflects on the complex topics covered in the SBR exam, such as financial instruments, and how the Kaplan tutors helped him by focusing on the essential bookkeeping knowledge rather than the depth of financial products. He also discusses the importance of ethical questions, which are a staple in the exam. Anton emphasizes the need to practice these types of questions to be able to apply the ACCA's ethical pillars effectively. He recalls specific questions from his exam, such as a control to control scenario and the treatment of additional performance measures like EBITDA, highlighting the need to understand the context and reasoning behind accounting standards.

20:06

🌟 Final Tips and Encouragement for Upcoming Exams

In the final part of the video, Anton offers additional advice for students preparing for the SBR exam. He suggests brushing up on the conceptual framework and key standards before starting SBR, especially for those who have exemptions from Financial Reporting. Anton also recommends using additional resources like ACCA's practice platform and technical articles, as well as free resources from educators like Tom Clinton. He encourages students to practice past papers extensively and to have a clear game plan for the exam. Anton concludes with words of encouragement, wishing students luck and reminding them to stay calm, stick to their timing, and enjoy the exam process.

Keywords

💡ACCA SBR

ACCA SBR stands for the Association of Chartered Certified Accountants' Strategic Business Reporting exam. It is a key component of the ACCA qualification, focusing on the application of International Financial Reporting Standards (IFRS). In the video, Anton shares his experience of passing this exam with a mark of 66, highlighting the importance of understanding accounting standards and applying them in various scenarios.

💡Pass Mark

The pass mark in the context of ACCA exams, including the SBR, is the minimum score required to pass the exam. A score of 66 is mentioned in the video as the pass mark for Anton's SBR exam, emphasizing the goal students should aim for when preparing for and taking the exam.

💡Kaplan

Kaplan is an educational provider offering courses and materials to help students prepare for various exams, including ACCA. In the video, Anton mentions using Kaplan's study materials and weekend sessions while working full-time to prepare for the SBR exam, indicating the role of external study aids in exam preparation.

💡Financial Instruments

Financial instruments are assets or liabilities that derive their value from underlying financial indices. In the script, Anton identifies financial instruments as a challenging topic within the SBR exam, noting that while students need to understand how to identify and treat them in an exam context, they do not need to delve deeply into the specifics of each type.

💡Technical Articles

Technical articles are detailed documents or publications that provide in-depth information on specific topics, often used for educational or professional development purposes. Anton emphasizes the importance of incorporating ACCA's technical articles into study plans, as they cover hot topics and provide insights that can appear in the exam.

💡Past Exam Papers

Past exam papers are previous versions of exams that students can use for practice. Anton stresses the importance of completing past exam papers under timed conditions to simulate the actual exam experience and to gauge one's readiness for the SBR exam.

💡Ethical Question

An ethical question in the context of ACCA exams tests a candidate's understanding of professional ethics and their application to given scenarios. Anton mentions that the SBR exam includes an ethical question, and he advises students to be familiar with the 'five ethical pillars' to effectively tackle such questions.

💡Performance Measures

Performance measures are metrics used to assess the success of a company or individual in achieving goals. In the video, Anton recalls a question from his exam that dealt with additional performance measures like EBITDA and the importance of understanding why they should not be included in statutory accounts.

💡Conceptual Framework

The conceptual framework is a set of core principles that guide the development of accounting standards and the preparation of financial statements. Anton suggests that students should be familiar with the conceptual framework before starting the SBR, as it underpins the understanding of financial reporting.

💡Time Management

Time management is the process of allocating available time to specific tasks efficiently. Anton shares a strategy of allocating specific time slots for each question during the exam and sticking to this plan to ensure all questions are attempted within the allotted time.

💡Fair Value Measurement

Fair value measurement is an accounting concept where the value of an asset or liability is determined based on what it would change hands for in an open market between knowledgeable, willing parties. Anton identifies IFRS 13 on fair value measurement as a crucial topic for the SBR exam, as it is often referenced in various contexts.

Highlights

Anton passed ACCA's SBR exam first time with a mark of 66.

SBR exam is heavy on accounting knowledge and should be studied alone, not with another exam.

Kaplan was used as a study resource within a three-month period.

Studying for SBR should be a full-time commitment, even while working.

The importance of revising the entire syllabus and not just focusing on certain standards.

Utilizing practice questions and past exam papers is essential for passing the SBR exam.

Financial instruments are a challenging topic for many SBR students.

Technical articles on ACCA's website are crucial for exam preparation.

Anton's exam included a control to control scenario and ethical questions.

The SBR exam is not just about calculations; understanding the context is key.

Brushing up on the conceptual framework and key standards before starting SBR is advised.

ACCA's SBR exam should be taken before Advanced Audit and Assurance to consolidate knowledge.

Additional resources like ACCA's practice platform and Tom Clinton's free materials are beneficial.

Familiarity with the practice platform and calculator functions is important for the exam.

Past papers should be started at least a month before the exam and done under timed conditions.

Developing a game plan for the exam, including which questions to attempt first, is crucial.

Time management during the exam is critical, and a strict schedule should be followed.

Conceptual framework and IFRS 13 are key topics that run through the SBR exam.

Transcripts

hello there and welcome back to my

youtube channel and today's video all

about how to pass your upcoming acca sbr

exam

first time and with a pass mark of 66.

well today i'm delighted to be joined by

anton who has passed sbr first time and

with a mark of 66. so i'm delighted to

welcome him onto the channel to walk and

talk us through his experiences to help

you out so

feel free to introduce yourself all

right

all right james thanks for having me on

um so yeah as james mentioned i am a cca

student um i've currently passed 11 of

the 13 exams sbr being my most recent

pass

um but yeah just like hopefully just

chat through a couple of tips and tricks

on on how i found the whole experience

really it's fun that's all right i mean

any any nuggets of information i'm sure

the students watching we've got a pen

and paper at the ready but we've got to

get some context first of all

did you say sbr

by itself or with another exam

no so i i start sbr uh totally on its

own um i studied using uh kaplan which

i'm sure a lot of the students watching

this probably are in the same boat and

i did it within sort of a three-month

period so i started studying in ma sorry

in january and

did the exam in march um

so so yeah obviously it's a

12-week period to study and and do the

past exams

nice and there'll be some students

watching this who are thinking about

doing sbr would you recommend them doing

sbr with a with another option paper or

strategic paper would you recommend

doing it by itself

no to be honest sbr is it's a it's a

proper accounting exam is what i found

in my experience it's very heavy on

accounted knowledge so if i'm being

totally honest i i wouldn't be able to

cope with another exam i i think you

your sole focus should be on on learning

the uh the standards that are involved

and the techniques that you need to pass

it i wouldn't recommend setting it with

anything else to be honest yeah spot on

and and you were studying i take it

weekends whilst working full-time

yeah so i worked full-time um so i was

sitting the um saturday sessions with

kaplan which is sort of nine to five and

then revising after work every day um

i i probably revised most days just

consolidating the knowledge that we

we've learned over the past week and

doing the homework that kaplan said yeah

and then get into a stage where you've

learned the syllabus and now you're

going to start practicing the uh

practice past exam questions spot on

there so i mean

you've just done the exam march 2022

yeah walk and talk us through the first

thing that comes to your mind as to if

someone's got to do this exam what's

your top tip to get them through and

pass

yeah so probably giving yourself enough

time to revise the whole syllabus is a

big one i see a lot of people on sort of

acca student forums trying to talk about

how to question spot and question pick

and stuff like that and i think having

the breadth of the syllabus um

is unfortunately one of the things that

you need for this exam it's not a case

of

saying oh i don't feel like this

standard is as as important as another

they can all come up and so you need to

have a a good breadth rather than um

knowing sort of say 10 15 standards off

by heart

to the letter knowing the whole sort of

standards that are examinable

and

just that you know

having that breadth yeah and

obviously utilizing

practice questions uh you you know

you're not going to pass this exam if

you don't do um any past exam papers

whether that's getting them marked by

kaplan um which obviously they do offer

or

just practicing it on the acca practice

platform you need to have enough

practice questions as well nice and i

take it you did those to time as well as

if it was in exam condition yeah

absolutely i mean the the good one of

the good things about kaplan is that

they they sort of mock the um acca

platform so you've got the timer and you

can you can really set yourself up and

do it to time um

and that that's going to give you the

best the best sort of uh idea of where

you're at

it's all well and good

doing

an exam question and doing it in double

the time that you're allowed in the

realm but it's not going to give you a

true reflection of where you are we can

all get 100 marks when we

take the exam over six hours or

something yeah yeah a couple of days

nice easy week yeah feed up on it but

but coming back to the exam were there

any topics when you sat the exam where

you went oh my word that is that is a

very niche area of the sbr syllabus

yeah i think

one of the the main areas that myself

and a lot of the students that i've

spoke to struggle with is uh financial

instruments that that sort of word

triggers a lot of students because it's

um it's a nasty topic to be honest but i

think one thing that got me through when

i was revising that that the kaplan

tutors kept bringing home to us was that

you don't need the depth of of what

different types of financial instruments

are what different types of derivatives

and hedge accounting you just need that

sort of bookkeeping knowledge to know

what one is

knowing that you can spot one in an exam

and how to treat it um in an exam rather

than the depth of knowledge about them

yeah well you talked about the standards

there there'll be lots of students who

have maybe set sbr before and also maybe

failed it before

how much emphasis did you put on the the

technical articles that acca have on

their website did you read many of them

or glossary of them

yeah absolutely you've got to

incorporate them into your study um the

technical articles are sort of

one of the main areas of the syllabus i

think it's syllabus area e something

like that it's all about um

sort of

basically the technical articles that

they put out at the end of the day if

they're on there they're on there for a

reason um

there's some uh

hot topics such as like accounting

during kobe and the changes that that's

brought there's been some there's

there's an uh

an article about uh the criticisms of

the treatment of goodwill yeah and

bitcoin and cryptography stuff like that

and

if you if you don't read them you're

putting yourself at a disadvantage

straight away because they will come up

absolutely up in question three or

question four guaranteed yeah i i always

say look they've written the articles

they wouldn't go to all that effort to

put into it if they weren't going to be

helpful on there but uh

what what what areas did you get tested

on in your exam can you remember which

for the variable yeah yeah so obviously

you you question one of your question

two you know that that's grouped and

then you know that it's an ethical

question so question one for me was um a

control to control scenario so in the

question they sort of tried to lay out

as though um a parent had got rid of a

subsidiary by not telling you the share

percentage

but actually when you read into how many

shares were available and how many they

got rid of it was control to control so

i think they they had 80 percent at the

start they got down to 60 percent so

we've been able to spot that

and then

not only doing the calculations for it

but actually writing that and saying

this the control has been uh obtained

and so we're treating it as a a

decrease in the nci

and

so

then obviously you've got your question

too you've got your ethical question

um which again if you practice enough of

those and you know your pillars your

five ethical pillars yeah you can you

can

knock them out straight away applying it

back to the scenario as well that's the

other thing they always mentioned in the

excellent examiner's report

and then just going back to the

technical articles so the one question

that i can remember from question three

in question four it was all about um

additional performance measures

so using ebitda and it

because they sort of knew what ebitda

was but they couldn't talk about it in a

context of

why that shouldn't be on the face of

financial um

statutory accounts every year why

additional performance measures

shouldn't be included with

your statement of financial position for

example well you really you really hit

the nail on that s2

you can't pass successfully it's this

exam just based on calculations it

calculates

yeah a lot of people came out the exam

on on sort of acca um platforms online

and and does that how how did it go and

a lot of people are in the reading

saying that there was hardly any

calculations in the exam and they felt

like it was unfair but actually it set

from the outset that it's more about the

you can't pass just student calculations

alone it's more about the words spot on

spot on and um i think thinking about

before you set sbr because they always

mention about your your financial

reporting the fr knowledge um there are

some students who have uh exemptions uh

some who have sat fr um how long ago

previously when when you sat

um financial reporting was it before you

did your sbr exam or how are you

knowledge yeah i'm in the same boat so i

i was uh i had exemptions so i was a

university student

at lincoln widget and um so so i sat

sort of the financial reporting as

advanced financial accounting at

university and got the exemption from

that and that was probably two years ago

two or three years ago actually and so

the main thing for me before i even

started looking at sbr was brushing up

on the conceptual framework

brushing up on sort of

key standards that you know are going to

come up and i'm looking at intangibles

looking at depreciation and amortization

that type just your basic accounting

sort of stuff that comes up every day

just to brush up on it before you even

dip your toes into sbr there's no point

exactly yeah i always mention it that if

you've not done your financial reporting

or if you've got exemptions

go on to the acca's website and before

you even get stuck into the sbr content

just have a week or so go over some of

the fr knowledge on that because the

worst thing you do is get stuck into the

sbr book and then go oh my word there's

a lot of stuff i've got i've got to

revisit here but

just talking about sbr and after the

exam i get questions all the time of

james should i take sbr and advanced

audit and assurance

together or what sort of is the best uh

sort of position to do them in as well i

mean what's your perspective on that

yeah so i'm doing advanced audit and

assurance in the future like i said i

wouldn't do it um together because from

what i've read on the acca's website and

having a look on youtube and stuff a lot

of the um

the standards are featuring the advanced

order exam so one point in sort of

um doing it together when you've already

consolidate your knowledge do sbr get

you passed and then it'll seem sort of

fresher to you when you do

and i started that's my perspective so

you know you might be watching this

thinking now i'd rather do it together

but

i think it's too much pressure i i agree

with you yeah it to be crystal clear if

i was in if i got to do svr and advanced

sort of assurance

first of all sbr

then on to advanced audit assurance

because that's definitely going to help

you underpin that knowledge on there

yeah um are there any other sort of uh

other areas that if you had to sit the

exam again which i'm sure you'd love to

do uh what are the what other areas or

key points that would help a student

going forward

yeah and just that there's

it's not enough just to work through the

learning materials that your um you know

kaplan or whoever provides you you've

got to look at other resources that are

available so acca practice platform

absolutely a cta technical articles

absolutely but then there's also other

free resources out there so if you start

watching this video you're already

looking on youtube

you've got to look up uh tom clinton i

can't recommend him enough i only used

his free resources which is his podcasts

uh he sometimes does sort of free

lectures or sort of

instagram lives and stuff like that

where he'll just answer any questions

you've got

and i'd definitely look him up if you

haven't already if you don't know who he

is

and because it's not enough just to go

through the book and no no in the book

because you've got to apply it to a real

life scenario and when that exam comes

up and there's a scenario that you've

not been faced with before you've got to

know how to deal with it rather than

just knowing the standards completely

and picturing what is going on you

mentioned about question one in the exam

you did you you were picturing us so the

eighty percent went down to sixty years

about control on it if you've got a

student who is very much more

calculation based i mean what other sort

of revision techniques did you use to

prepare for sbr

yeah so um i i think

becoming sort of familiar with the

practice platform knowing your

calculator even though calculations

aren't uh the be all and end all of this

exam you need to know your calculator

like the back of your hand you need to

know

the functions in it and your squares and

your square roots and stuff like that

and i mean being comfortable with your

calculator so you've got those tools on

the day

and but obviously don't rely on the

calculation based questions because

that's not you're never going to get

past just on that

and then obviously using other other

resources that are out there absolutely

yeah getting involved with uh

you know youtube videos asking questions

comments on stuff that you don't get

that's fun i mean that past papers for

me for sbr are just

paramount they are fundamental foreign i

mean out of interest um how many did you

actually do to prepare for the exam and

and the question the other question i

always get is how long before your

examination did you start doing the past

papers as well yeah

absolutely so i would say

um you start looking at practice

questions

individual questions as you're going

along or you should be as you're going

along um because as you tick a topic off

um you should then be doing a practice

question on that top

i would say probably

no

no sort of later than a month before the

the actual exam you should then be

looking at looking at a full um past

paper

uh kaplan provides sort of three marked

past papers which you absolutely have to

do and you should do them to time

because they are your sort of

closest guide on to where you are at

that moment

and but then you should also be using

the acca i've got so many past papers

for free on their website so you'd be

deaf not to at least doing you know a

couple more um and just going through

the the answers of marking it yourself

yeah

completely agree the more you the more

you do the better prepared you are and

it can be one of those times where

you've got to do a past paper and it

might be saturday saturday morning

wednesday night you've just got to grind

it out haven't you yeah yeah you do but

you'll be thankful for it in the end and

i think also just another point on past

papers is um having a game plan that

you're gonna use so you're gonna do that

many practice past papers

that you're gonna have in your head

where you think you're strongest so for

me

question two i always found that was was

very similar across the the whole

exhausted

questions

so yes the scenario is different in each

question too but the principles of it

are the same so i had that game plan in

my head that no matter what came up

on the exam day i was doing question two

first and that is because i've done that

many

past papers yeah that i've got that sort

of game plan in my head nice and then

from from question two then did you go

question one for the bigger question or

did you go for the smaller three to

three so

because usually question one's 30 marks

and question two is

generally 20 marks and i i always feel

like if you go into the exam and you do

question one first and it's not on a

topic that you like so for myself cash

flows i would have hated if that came up

but it didn't

um

if i know that if i go in and i do

question two which i'm comfortable with

and i'm quite confident with

then i'm sitting there in the exam

thinking right that's 20 marks that i've

attempted

let's say that i've got

14 13 14 15

comfortable with that good start move on

to question one and tackle that beast

now rather than doing question one

flapping because it was a it was a nasty

one it wasn't what you wanted and then

trying to salvage it in question two

forget what you mean yeah i think the

only final thing to add on to that we've

got to talk

time management

how important is time management because

i read it in the external examiner's

reports

students do not plan their time well in

sbr what what are your thoughts on that

from your experience yeah so to be

honest with you james that was my sort

of golden nugget final point um which is

stolen from your stolen my friend

so timing's absolutely critical so what

i did in the exam and

you can do this yourself uh there's

there is generally clocks up on the wall

but either a wrist watch not an electric

one

don't don't go in to examine the

electronic watch

and i literally when they when the acca

brought the piece of paper the blank

piece of paper that you're allowed

when the time started and you've got the

the 10-15 minutes reading time right at

the start

i used that time because i've seen all

the instructions before which you should

have because you've been using the

practice platform so you've seen all

these instructions and scripts with them

and i wrote down the times to the minute

on that piece of paper in big letters

question two

this many minutes question one this many

minutes question three question four and

i stuck to that like gospel

because if you don't move on when that

time has elapsed and you've done enough

time in theory for question two

you can't get any more marks on that

question do you know what i mean you've

got to run to question one to get the

easy marks on question one

rather than spending another ten minutes

on question two and maybe getting one or

two more marks yeah completely agree and

and through that strategy you're going

to answer a hundred marks and you're

looking to get 50 out of that minimum

whereas quite a lot of students only do

say 70 or 80 marks oh my word

that that is

really putting yourself at a

disadvantage on there but i i do i do

apologize to the viewers and yourself ed

and for stealing your thunder on that

one on there no no it's that is that is

my biggest tip and i did that in the

exam and i'd recommend that to anybody

else just writing down what time you've

got for each question um and sticking to

that you've got to be so strict with

yourself in the exam even though you're

panicking and the adrenaline's going

if you stick to your times then you can

like james says you can work through 100

marks rather than limiting yourself to

80 or 75.

yeah and everyone's going to have

different strategies another bit like

yourself question two or if you want to

go straight into question one but i

think picking up on those

easier marks that you're more

comfortable with uh would you agree it

gives you a bit more momentum in the

exam that you've got a bit more

confidence about you

yeah you've got to you've got to um have

that momentum and you've got to keep

going there's no point getting your head

down if a question comes up that you you

don't think you know you're not trying

to get 100 marks you're not even trying

to get 66

you're trying to get 50

and then your happy days well

the viewers out there out and go just

give me the 66 now that'd be lovely

that's uh are there any other final

nuggets of information that you couldn't

sleep tonight if you didn't tell the

viewers that could just help them to get

those final marks for their upcoming

exam

yeah so so two things

one is a conceptual framework it's a

theme it's a river that runs all the way

through the exam so knowing

the the phrase faithful representation

and relevant comparable information

you've got to use that

it comes up every time

and ifrs 13 fair value measurement is my

golden nugget of that will come up you

don't you won't even know that you're

using it but you talk about fair value

and so many other topics so you need to

be able to spot that and talk about that

in the exam rock and roll that's awesome

stuff well i i mean thank you so much

for today for

giving up some of your time on the

sunday as well uh you

yeah insights they're definitely going

to help some students as well so if

you're watching this around the world

feel free to leave us a comment at the

bottom i love to read them i'm going to

send out in the link for this video as

well to keep in touch with it let us

know how you get on

where you're sitting the exam and also

what you thought of the tips but erson

have you enjoyed today thank you so much

again for coming on

yeah yeah i know i really enjoyed it

obviously um james will probably put a

link to my linkedin down below and then

if you've got any questions on the video

or what what i've spoken about just give

us a message on linkedin happy to

connect oh spot mate thank you very much

i mean if if they've enjoyed the video

today which obviously asked if they're

watching at this point they're

definitely going to give it a big like

and obviously to subscribe so if we do

any more videos they're not going to

miss not going to miss your face on the

next one

hey that's all right any other final

words of wisdom if they've got if a

student's got the exam tomorrow

good luck and just stay calm stick to

your timings and work through it

and have fun obviously

oh yeah obviously obviously

well on that bombshell cheers guys bye