1.

The tips are out from BPP and Open tuition for ACCA P5 DEC 2012 paper. The main tips are: Open tuition has stated:
1. 2. 3. 4. 5.

Learning curve and budgeting Balance scorecard and NFPI Transfer pricing Activity based costing Environmental management accounting & life cycle costing

BPP ROI, RI and EVA 7. Balance scorecard and building block 8. Benchmarking 9. PEST, Porter, BCG 10. Corporate failure 11. Transfer pricing 12. Quality management
6. ACCA P5 Dec 2012 examination The examiner. Alex Watts has been testing the syllabus with a good broad sweep and has not really repeated many areas. Every examination there is a question that has the following characteristics: Question #1 Management accounting report evaluation - which has to take into account the following elements of the report 1. The audience - whether they are savvy enough to deal with the technicalities of the report 2. The content of the report, whether it meets the requirement of mission and objectives 3. The amount of information given - is it too much or too little 4. The type of information - whether it is qualitative or quantitative

5. The comparatives - whether this have shown the correct values Question #2 Performance management system evaluation - which usually has the following characteristics: 1. Does the system capture the correct aspects of performance 2. Does the system provide adequate performance data for management to focus their attention 3. Does the system enable management to determine whether their efforts are pushing the company in the right direction 4. Does it aid or worsen staff / manager motivation to work 5. Does the system fit with the environment and information processing ability of the company Question #3 Technical area implementation and discussion - usually focuses on technical concept found within the syllabus - includes Kaizen, Target costing, Transfer pricing, TQM, Software quality, ERPS. 1. Describing the basic elements of the area 2. Consider application on the company and the performance issues that are coming out 3. Weakness of the concept 4. Strengths of the concept 5. Benefits of implementing for the given organisation Question #4 Contextual application of model - question tends to use a performance management tool that was created business and tries to implement it into NFP or Govt. Question will want you to discuss the issues that arises in implementing in different context - This questions are dangerous since it would increase the risk that previous questions as a basis to resolve the question (contextual errors) Question #5 Theory recall and discussion question. This question will want you to recall a theory from the syllabus and just explain the concept at a basic level. In this case, the biggest risk is that you think it is applied and therefore rush of on application - when it was just a memory recall. Areas that are possible in the coming examination - for focusing the attention would include the following: 1. VFM 2. ABM 3. Benchmarking - reconciling the differences (remember the original pilot paper) 4. I/O - EMA 5. Issues in NFP situation 6. Transfer pricing (w uncertainty or international) 7. Gap analysis (w mission) + Ansoff. 8. Porter's Generic strategy + POST integration issues 9. F & M or Balance score card Overall those are the areas that might come out this time - hope that helps you in your preparation for the exam.

International students that are planning to study ACCA in Malaysia - a good place to study is Inti International College in the heart of Subang Jaya. It has an excellent team of lecturers that covers all the levels.

You can apply here