ACCA Dec 2012 Mr Jays spots / tips
P1
1. Succession planning
2. Role of nomination committee
3. Tucker
4. Professionalism / Public interest
5. Professional codes - familiarity threat and rotation of firms
6. Internal audit
7. Business risk
8. Transaction cost theory / Agency theory
9. Service contract for directors / Power of directors
10. OECD / ICGN - Harmonisation
11. Control environment and systems
12. Information system - characteristics of strategic and operational information
13. Risk categories and risk reporting
14. Independence of internal auditor
15. ISO 14001
16. Ethical tension - case from within online-ethical module
17. Numbers = Risk re-mapping or evaluation of cost and benefit of risk solutions.
18. Numbers = Trend analysis to detect business risk factors
19. Carroll
20. Footprint
P2
Get ready for IAS 12 this time around with inclusion of IFRS 2, IAS 16 Revaluation, IAS 18 Revenue recognition and also IAS 38.

The other major question this time would include IAS 17 full out question is possible in terms of industry question.
Oil and Gas would be a major candidate for this sitting - especially worth while to consider BP.

Q4 - One of these will come out.
Hedging ED
Offsetting ED
Environmental and Social reporting
Leasing - Lessor accounting ED
IFRS 13

Q3
IAS 38
IAS 36
IFRS 5
IFRS 8
IAS 10

Q2
IFRS 9
IFRS 2
IAS 12
IAS 40
IAS 19

Q1
IAS 21 - Functional currency
IFRS 10 - Control test / Consolidation test
IFRS 11/12 - Joint control test
IAS 19 - Curtailment
IFRS 2 - Share appreciation rights
IAS 37
IAS 18
Ethics - Integrity
Professionalism
Window dressing
P3
No.1
- Please read all the articles by Ken Garrett

No.2
- Q1 for P3 has 3 options only

- Strategic analysis - Swot, Pestle, 5Forces, National Diamond, Value chain, Resource audit, Financial analysis

- Strategic options - Ansoff, TOWS, Porter Generic Strategies, FAS, Bowmen, BCG, Ashridge

- Strategic implementation - Change management, Cultural web, 7S, Project management, Process improvement

Dec 2012, the most likely outcome for the coming exam is strategic implementation question with change management and leadership issues.

The others are also possible since it has equal chances.

No.3
Other areas that are hot in the current sitting include:

Benchmarking
Process improvement - 4 patterns
HR - Recruitment cycle
HR - Job design issues
Pricing - Cost based pricing advantage and disadvantage
Centralisation & decentralisation
Budgets and financial analysis.
Marketing mix
CRM - Methods to improve relations
Project management - risk, feasibility studies
Project management - role of project managers
Decision making - relevant costing, make or buy
IT - Earls stages, IT Criticality grid
Acquisition vs. Organic growth
Portfolio approach - BCG, Ashridge and Public sector matrix