Thursday, May 31, 2018

ACCA SBR and SBL review

Time has come to say farewell to ACCA P1, P2, P3 and start a new leave with the syllabus.

In Malaysia, there has a lot of crazy ideas about this 2 papers being much harder than previous papers and that it will be a killer paper.

After looking at the papers, those starting the new paper will understand that it is much more practical paper and requires someone with a strong knowledge of practical world to teach them.

The fact that ACCA SBL is 4 hours and has 12 - 18 pages should not be a concern for many since the old paper was 6 hours and also had a cumulative paper weight of similar content - so therefore it is much easier paper

The other fact is that ACCA SBR used to have 35 marks for calculation and now it has been reduced to 18 marks would indicate that industry wants you to explain the issues and not just calculate.

ACCA SBL as a paper is much easier to manage since it deals with one company only and has 20 marks being awarded for professional issues, only 80 marks for application.

This compares against previous paper of 8 marks for professional and 192 marks for application

So, in terms of examination, it can be seen that stress has been reduced significantly

On the other part, syllabus has been consolidated and merged, leading to reduced redundancies that used to exist with both papers.

Finally, the online support module for the paper is much more comprehensive compared to previous free version.

Overall the paper is much more easier compared to P1 and P3 combined.  It is also set at a more practical level, leading to more realistic work type exposure in the exam.

Now the lecturers who should be teaching this paper are those that have a good financial and management accounting background since the level of number crunching in this paper would be much more higher compared to previous papers.

On top of that, the lecturer should also have taught the P1 and P3 papers in the past, this gives a easier basis to integrate the knowledge - getting 2 lecturers to teach the paper is usually a recipe for disaster - so if you are selecting a lecturer to teach you - check their history before taking them on - as your mentor.

We will be having an evening talk session for all ACCA new papers at J Pro venue. Below are the details. Seats are limited to 24 per session, so book fast.

Click Here to register

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