ACCA March June Exams proof 2g singles

OPEN EVENINGS June 13th August 14th & 15th 5-7pm Kathleen Regan P2 80% PASS RATE now on WEDNESDAYS ACCA SEPTEMBER...

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OPEN

EVENINGS

June 13th August 14th & 15th 5-7pm

Kathleen Regan

P2

80% PASS RATE now on WEDNESDAYS

ACCA

SEPTEMBER DECEMBER EXAMS - 2017

Live. Streamed. Recorded.

CITY COLLEGES

Your Clear Advantage City Colleges, South Great George’s Street, Dublin 2 1850 25 27 40 • [email protected] • www.citycolleges.ie

Welcome Dear Student, Welcome to City Colleges. Did you know that you can prepare for your September and December 2017 exams at City Colleges with the help of the most experienced ACCA tutors in the country? The big news is you can now do P2 with Kathleen Regan on Wednesday nights. This is great because student pass rates have been so high in Kathleen’s class (80% pass rate March 2017, 75% June 2016). In addition, you can now plan and prepare for your September and December ACCA exams at City Colleges. Exam dates and course timetables for September and December are inside. At City Colleges all our live classes from South Great George’s Street in Dublin’s city centre are also streamed live and recorded. This means you will never miss a class or an explanation. Anytime, anywhere…You can even ask questions online during the class! It is the best of all worlds and a great advantage for our students. This is our sixth year streaming classes live which means you benefit from both excellent tutors and our leading technology. The team includes former BPP favourites Shaun Browne (F8, P7), Mel Kilkenny (F6, F9 and P6), Martin Corboy (F2, F5, P5), Dr Barry Smith (F7), and Garret Mulvin (P4). The team also includes the excellent Georgina Skehan (F3) and Eoghan Casey (F4) and we are all ready to serve you and deliver your successful ACCA. Remember, Live, Streamed and Recorded. It’s your clear advantage!





Best wishes,

Owen O’Reilly Head of Professional Accountancy School F1, P1 and P3 lecturer

Live. Streamed. Recorded.

CITY COLLEGES

Your Clear Advantage

WHY CITY COLLEGES? At City Colleges, we believe that the student experience is, in large part, determined by the quality of the tuition provided. For this reason, we have assembled a team of talented and inspiring lecturers who have a wealth of experience. Classroom based lectures are also streamed live, as well as recorded and made available for review online through our convenient learning system.

AT CITY COLLEGES YOU GET: • Excellent lecturers • City centre location in South Great George’s Street, convenient for bus, LUAS or DART • Live lectures ALSO streamed online and recorded • Free mock exams with detailed tutor feedback • BPP ACCA approved study materials • Subsidised parking - only €2.50 per night • Affordable tuition fees with great offers • Caring tutors and limited class sizes

“If I am unable to attend lectures the online content is excellent. Allows me the flexibility to go back over course material if I am unsure of a particular area.” - Enda Holmes

PRIZEWINNERS

Mel Kilkenny with Gabriella Beretta prizewinner in F6

“I would recommend City Colleges. I have found everyone extremely helpful and accessible.” - Andrea Oman

Stephen Fennell 78% P6 Advanced Tax, Second in Ireland

Ruud Van Der Hoeven (P6) is congratulated by Mel Kilkenny on his exam performance. Ruud, who took his classes online while working in Geneva, received the highest mark in the P6 Irish Variant

Mel Kilkenny, Kathleen Regan & Owen O’Reilly with some latest prizewinners. Special mention to Luke Hudner 84% - first in Ireland and Kevin Mellet 81% in P3 September 2016, and, Ana-Maria Avadanei first in Ireland in P3 in June 2016

Giorgio Puzzella prizewinner in P1 with Owen O’Reilly

Andrew Noonan 78% P1, Second in Ireland

September ACCA

BUY 1 COMBINED COURSE GET OTHERS AT 1/2 PRICE

Prepare for the September 2017 Exam

COURSE OPTIONS 1

BOX SETS • Recordings of the previous taught Course • Recordings of the previous Revision Course • Includes Tutor & forum support, tests and mock exam feedback

2

REVISION COURSE

3

COMBINED COURSE

F5 - F9

P1 - P7

€495

€595

RESIT

RESIT

€350

€395

€350

• Classroom based live Revision Course in July & August • Also available live online and recorded • Mock with tutor feedback

€695

• Includes both 1. Box Set and 2. Revision Course above • Highest success rate • Special discounted price

RESIT

€445

TIMETABLE ACCA PAPER LECTURER START BOX SET REVISION COURSE EXAM F5 Performance Management

Martin Corboy

14 June

June 2017 Taught & Revision Courses (65hrs)

NA



F7 Financial Reporting

Dr Barry Smith

14 June June 2017 Taught & Revision Courses (58hrs)

NA



5 Sept

F8 Audit & Assurance

Shaun Browne

14 June

June 2017 Taught & Revision Courses (58hrs)

NA



4 Sept

F9 Financial Management

Mel Kilkenny

14 June

June 2017 Taught & Revision Courses (50hrs)

NA

8 Sept

Owen O’Reilly

14 June

June 2017 Taught & Revision Courses (61hrs)

3/10/13/17/24 Aug

6 Sept

P1 Governance, Risk and Ethics

6 Sept

P2 Corporate Reporting

Kathleen Regan

14 June

June 2017 Taught & Revision Courses (65hrs)

28/29 July, 11/12 Aug

5 Sept

P3 Business Analysis

Owen O’Reilly

14 June

June 2017 Taught & Revision Courses (65hrs)

26 July, 2/9/16/23/30 Aug

7 Sept

P4 Advanced Financial Mgmt

Garret Mulvin

14 June

June 2017 Taught & Revision Courses (65hrs)

31 Jul, 8/14/15/21/28 Aug



P5 Advanced Performance Mgmt

Martin Corboy

14 June

June 2017 Taught & Revision Courses (63hrs)

3/10/13/17/24 Aug

P7 Advanced Audit & Assurance

Shaun Browne

14 June

June 2017 Taught & Revision Courses (58hrs)

18/19/20 Aug

8 Sept



CLASS TIMES Evening Classes



6.15pm – 9.30pm

Friday Classes



2.00pm – 5.30pm

Saturday Classes Sunday Classes



9.30am – 5.00pm 10.00am – 5.00pm

Mocks Available for all students: 15/19/22 or 26th August Please note F4, F6 and P6 are not available in September Timetables are subject to change.

6 Sept 4 Sept

December ACCA

BUY 1 FULL COURSE GET OTHER FULL COURSES 1/2 PRICE

Prepare for the December 2017 Exam

COURSE OPTIONS CLASSES

ONLINE

F4 - F9

P1 - P7

€495

€695

€875

FULL COURSE - Classroom based weekly classes

MOCK

- Also available live online & recorded - Plus Revision Course - Mock with tutor feedback

REVISION CLASSES

F1 - F3

ONLINE

€347

€437

€250

€300

€350

€400

€650

€750

REVISION ONLINE

REVISION ONLY COURSE

REVISION CLASSES

RESIT

RESIT

RESIT

€247

REVISION ONLINE

REVISION ONLINE

MOCK





- Classroom based Revision Course

FULL COURSE - ONLINE ONLY



- Also available live online and recorded - Mock with tutor feedback

MOCK

- Weekly classes: live online & recorded - Plus online Revision Course - Mock with tutor feedback

TIMETABLE ACCA Paper

Lecturer

Evening



Start



Additional Classes

F1

Accountant in Business Sept Start

Owen O’Reilly

Thursdays



7 Sept

23 Sept / 14 Oct

F2

Management Accounting Sept Start

Martin Corboy

Mondays



4 Sept

30 Sept

F3

Financial Accounting Sept Start

Georgina Skehan

F4

Corporate and Business Law Sept Start

Eoghan Casey

Wednesdays

Tuesdays



5 Sept



21 Oct

Performance Management Aug Start

Martin Corboy

Wednesdays



23 Aug

9 Sept, 22 Oct

Taxation Aug Start

Mel Kilkenny

Tuesdays



22 Aug

23 Sept, 14 Oct

F7

Financial Reporting Aug Start

Dr Barry Smith

Thursdays

24 Aug

F8

Audit and Assurance Sept Start

Shaun Browne*

6 Weekend days

16 Sept

F9

Financial Management Aug Start

Mel Kilkenny

Wednesdays

P1

Owen O’Reilly

Tuesdays

Kathleen Regan

Wednesdays

Governance, Risk & Ethics Sept Start

P2 Corporate Reporting Aug Start





Tuesdays



30 Aug



1 Oct



7 Oct

23 Aug







17 Sept, 7 Oct

Owen O’Reilly

Mondays



21 Aug

30 Sept, 21 Oct

Owen O’Reilly

Mondays



11 Sept

16/30 Sep, 21 Oct

P4

Garret Mulvin

Thursdays

Martin Corboy

Tuesdays

Advanced Financial Mgmt . Aug Start

31 Aug

29 Aug

P6

Advanced Taxation Aug Start

Mel Kilkenny

Mondays



28 Aug

P6

Advanced Taxation Sept Start

Mel Kilkenny

Mondays



11 Sept

Shaun Browne*

6 Weekend days

P7 Advanced Audit and Assurance Sept Start

CLASS TIMES

Mon - Thurs F papers

6.15pm – 9.15pm

Mon - Thurs P papers

6.15pm – 9.30pm

Friday Revision

2.00pm – 5.30pm

Saturday Classes

9.30am – 5.00pm

Sunday Classes

10.00am – 5.00pm

*F8 and P7 with Shaun Browne are weekend classes Note: All timetables may be subject to change



17 Sept

17 Sept, 7 Oct





CBE



8 Dec

6 Dec

7/14/18/19/21/28 Nov

7 Dec

2/9/12/16/23 Nov



5 Dec

17/25/26 Nov



4 Dec

4/8/15/22/29 Oct



8 Dec

6 Dec



6 Dec



6/11/13/20/27 Nov

5 Dec

7 Dec

6/11/13/20/27 Nov

15/29 Oct

28 Nov, 2/5 Dec 8/15/22 Nov

1/4/8/15/22 Nov

CBE CBE

5/7/14/21/28 Nov



P3 Business Analysis Aug Start



5/7/14/21/28 Nov

9 Sept, 8 Oct

Exam

8/11/15/22/29 Nov

16/24/30 Sept, 15/21/29 Oct

22 Aug 12 Sept





P3 Business Analysis Sept Start

P5 Advanced Performance Mgmt. Aug Start

13/18/20 Nov

17 Sept, 7 Oct



26 Oct, 2/4 Nov



F5

Owen O’Reilly



6 Sept

F6

P1 Governance, Risk & Ethics Aug Start

Revision



7 Dec

9/16/23/25/30 Nov

5/7/14/21/21/28 Nov

24/30 Sept, 21 Oct



16/24/30 Sept, 21 Oct 17/23 Sept, 1/14/22/28 Oct

MOCKS



8 Dec

6 Dec

6/11/12/13/20/27 Nov

7 Dec

6/11/12/13/20/27 Nov

7 Dec

18/19/24 Nov

4 Dec

At City Colleges ALL students get to do the Mock because it is the most important part of your preparation. Flexible date Options



ABOUT OUR LECTURERS Owen O’Reilly

BA MBS Head of Professional Accountancy School Paper Specialist: F1, P1 & P3 Owen is a leading lecturer (formerly BPP) with extensive ACCA and CIMA professional accounting exam experience and more than 40 student prizewinners.



..a quality lecturer and easy to learn from.”

- Jason Phillips

“Owen is a great lecturer for P1 and P3. Furthermore he is passionate about part qualified accountants excelling in the ACCA exams. His exam technique is quite brilliant.” - Stephen Ross

His focus is on your exam technique and your exam success. He is well known for his student centred approach and entertaining classes which lead to very high pass rates. For example, 82% passed in P1 in Dec 2016 and 86% in P3 in March 2017 (versus 47% overall).

“Owen is a very experienced person in the business field and his lecture is very interesting.” - Agnieszka Marcinkowska

He is the winner of the UCD/NIB Smurfit Business School Masters Scholarship Award and a double CIMA prizewinner.

“Owen is a fantastic lecturer, knows his stuff inside out and is able to teach it wonderfully.” - Orla Daly

Garret Mulvin

FCA

Paper Specialist: P4

Garret Mulvin (formerly BPP and First Intuition) is a very popular tutor who specialises in Financial Accounting, and Financial Management. Among his many prizewinners are several first placed students.



He is a fellow of the Institute of Chartered Accountants of Ireland (CAI) and qualified as an accountant with Price Waterhouse Coopers in Dublin.

I really can’t recommend Garret highly enough. “From the very first lecture it was evident to

see Garret’s ambition for the success of all his students. Garret’s in depth knowledge of the course material along with the ability to help students understand difficult concepts made the classes very enjoyable and beneficial. I really can’t recommend Garret highly enough. “ - Tom Kiely “I would definitely recommend Garret Mulvin.. I was able to pass first time achieving a mark of 70%. The main thing I enjoyed was the relaxed environment with the excellent tutoring. I will be definitely signing up for lectures with Garret again.” - Greg Rooney

Garret is renowned for his exceptional tuition and exam techniques and is dedicated to getting you a pass in P4 Advanced Financial Management.





Shaun Browne

Paper Specialist: F8 & P7

MAAT FCCA

Weekend Classes Shaun is an immensely popular and brilliant tutor who has a passion for teaching ACCA. He believes in making the class as interesting and as much fun as possible so that students enjoy learning. He includes lots of anecdotes about his work as a trainee and a partner to help students appreciate the practical aspects of auditing. Shaun is a great believer in ‘learn the basics’.

“It is evident that Shaun knows this subject inside out, his lectures are interesting and entertaining. He gives great tips on what are the important things to remember and even better than that he thinks of inventive ways of remembering those things.”

AITI, FCMA, MBA Paper Specialist: F2, F5 & P5 Martin Corboy is a graduate of UCD and came first in the world in his final CIMA exams. Martin is an Associate of the Institute of Taxation, a Fellow of the Chartered Institute of Management Accountants, a Member of the Chartered Management Institute and an Academic Fellow of the Association of International Accountants. He has been lecturing to professional accountancy students for the last 16 years and he has a reputation as one of the top ACCA tutors in Ireland.

- Amanda Miley



“One of the best ACCA lecturers I have had. Very funny which is important to keep class interesting. This is my final ACCA exam and have found the lecturer’s approach one of the best.”

This advice has stood the test of time with many UK, Irish and world-wide prizewinners in Auditing to his name. Shaun is a teaching phenomenon that we fly in from London because he is the best. He has a colossal reputation for student success and enjoyable classes.

Martin Corboy

An excellent lecturer, certainly the best I’ve had so far.

- Nicola Donnellan



Martin is a very knowledgeable lecturer on P5 & has a great sense of humour. I’d fully recommend attending Martin’s class!” - Hong Yan P5



“​As a working professional, doing accountancy exams takes a lot of effort & time. I found Martin Corboy to be exactly the instructor I needed, he teaches clearly, takes time to explain but ensures the full syllabus is covered in time for the big day!” -Karl Deeter, Compliance Manager at Irish Mortgage Brokers and columnist for the Sun on Sunday and Sunday Business Post

Georgina Skehan

BA (Hons), MSc, FCMA CGMA, D, FCA Paper Specialist: F3 Georgina is an accomplished finance and accounting lecturer at undergraduate, postgraduate and professional levels. She placed 4th in Ireland when completing her own CIMA finals and has brought this expertise into the lecture hall with many of her students placing 1st, 2nd, 3rd in Ireland and 2nd - 15th in the world across a range of subjects in numerous exam sittings. Georgina has a reputation as being an approachable and supportive lecturer.

Dr Barry Smith Paper Specialist: F7

PhD, FCA

Free access to Tenjin software Barry is a very popular and experienced ACCA tutor having taught F3, F7, and P2 modules. His popularity as a lecturer results from being exam focused and from his ability to explain complex accounting topics. In 2010, his ‘Introductory Financial Accounting and Reporting’ textbook was published by McGraw-Hill and has been extremely well received by teachers and students. Barry is a Chartered Accountant and holds postgraduate degrees from UCD (MEconSc) and University of Birmingham (PhD). He also holds an ACCA Diploma in International Financial Reporting Standards (DipIFR). All F7 students will get free access to the cutting edge Tenjin software which is another City Colleges’ innovation for F7.

Mel Kilkenny

BComm, AITI Paper Specialist: F6, F9 and P6 Mel has lectured on taxation subjects for ACCA examinations since 1992. He is highly exam focused in his approach, and is admired for his personable, and practical teaching style. He is the author of the well-regarded Kilkenny Tax Publications textbooks and revision kits for P6 and F6 which are popular with Tax students throughout the country. Mel is also an experienced examiner, having spent a number of years as examiner for the Institute of Chartered Accountants Ireland and the Irish Tax Institute. Apart from the Tax papers Mel also brings his experience and teaching skill to F9 Financial Management.

Kathleen Regan

Wednesday Classes

Paper Specialist: P2 Kathleen is a vastly experienced lecturer in Corporate Reporting and Management. She has delivered P2 lectures since 2003 with BPP. She is a popular and dedicated tutor and offers convenient weekend classes for P2. Kathleen is an Associate of the Corporate Treasurers in Ireland, a Fellow of ACCA and holds a Masters in Corporate Finance and Accounting from University College Cork. Kathleen previously held the role of Managing Director of Professional Accountancy Lecturers and Audit Senior for Moore Stephens (formerly Patrick McNamara and Associates) in Limerick.

Eoghan Casey Paper Specialist: F4

BA, BL

Eoghan Casey is a Barrister and lecturer in law who has extensive experience preparing students for both the Law Society of Ireland and King’s Inns Entrance Examinations. He holds a First Class Honours Degree in Mathematical Science, and is particularly skilled at teaching students how to excel in professional examinations. He is an extremely popular and experienced ACCA F4 tutor, and delivers this programme at City Colleges in conjunction with Ciarán Lawlor.



Georgina Skehan is an excellent tutor.

“Georgina’s exam techniques helped me to be relaxed and well prepared for my Managing Finances ACCA paper, in which I achieved first place in Ireland and second place worldwide.”



- Evelyn Delahunty

Barry is an absolutely brilliant lecturer. He has an excellent lecturing approach.”

- Viktorija Balandina

“Fantastic lecturer. Professional and friendly. Barry really knows his subject inside out.” - Peter Lee



Mel is an excellent lecturer with fantastic teaching style.

”He really engages students throughout the lecture. Even though I am completing the course online I feel just as much a part of the class as those who are physically attending.” - Kirsten Mullins

“Good notes, good exam focus, no BS.” - Tomas Corrigan



I find Kathleen excellent for P2. She is clear, concise and covers all the main points.” - Sinead Graham

“I am doing the course online and Kathleen was extremely quick to respond and very helpful with my query.” - Sharon Collins “Content is very well delivered for P2. Easy to understand. Good study tips.” - Claire Frain



Classes were informative, fun, and presented in a way that stuck in your head.

“You could easily remember and relate back to the associated case. I passed first time with very little effort required since Eoghan made it so easy and logical. I would highly recommend Eoghan Casey as F4 lecturer.” - Trudy Byrne

JUNE 2017 EXAM TIPS Professional exams are designed to examine the full breadth of the syllabus so we recommend covering the full-syllabus during your revision. Exam Tips from our experienced tutors are provided to give guidance in final exam preparation and should not be taken as a comprehensive guide for exam focus.

P1 Governance, Risk & Ethics

F7 Financial Reporting

Areas you especially need to cover

Dr. Barry Smith

Owen O’Reilly

Section A Fifteen two- mark multiple choice questions on a wide range of topics including consolidation, interpretation of financial statements and non-core topics. Section B Three case study questions each with five two-mark questions Each scenario could be a mix of topic areas or focused on one topic and will usually consist of two/three calculations and two/three narratives. Questions are not dependant on each other. Section C Two 20 mark questions, one covering interpretations and the other preparation of financial statements. One question is likely to be in the context of a single entity and one in the context of a consolidation. Accounts preparation questions may include extracts or stand alone calculations or full statements of profit or loss and other comprehensive income and/or statement of financial position. Both questions will cover the accounting for items from other areas of the syllabus.

Requirements can and will come from anywhere on the syllabus! No new articles: Recent article on Integrated Reporting still NB. Possibly also CG Inside Out (Cultural/ values – Tone from the Top). Some areas to note for our Revision Course include: Corporate Governance 1. Charity CG (HHO 6/11)/ Public Sector (VFM) (Chambon 12/14)vrs for profit. 2. Family co diffs in governance (LumCo 6/12, Happy & H 6/10, Lysus 6/15) = INSIDER/Outsider. 3. Role of company secretary/Chairman/CEO/NEDS (Chemco pilot) (NIC 12/14,Geeland 12/11) 4. Nomination comm– Diversity (HWL 12/13), succession planning, Committees (Hafnium 6/15) 5. Two tier board (Lum 6/12),

All the best! Dr. Barry Smith F7 specialist

6. Principles of CG (MRA Sep/Dec /15), CPD (Loho 12/14), Induction (Lum 6/12) Risk and Internal Controls 1. Internal Control disclosures SOX vrs Turnbull

F8 Audit & Assurance

2. Case for mandatory external reporting of IC on FR & risks (ZPT 12/10) (Mahmood 6/14)

Shaun Browne

3. IC over fraud/ IC limitations

Section A This section could cover the entire syllabus testing you via Multiple Choice Questions (MCQ’s) based upon different scenarios. The whole purpose of testing you via MCQ’s is that the examiner is able to cover the entire syllabus with lots of short questions as opposed to the longer more specific areas in Section B.

4. Contents of Ext Report on IC (West v Leroi 6/8) 5. Risk defs (ALL!), Risk manager role (H&Z 6/9), External Risk Audit (World Justice 6/14) Strategic vrs operational risk (P&J 12/12), Risk is dynamic (YGT 6/11), TARA (YGT 6/11), Ethics 1. Public Interest (Policy Speech 06/09, Ann Koo 6/11, HH 6/14)

Section B Traditional written questions testing your knowledge and application.

2. AAA (Hayho 6/12)/ Tucker(RDC 12/12)/ Kolhberg (Bobo 6/11)4 ethical stances (HWL 12/13)

The main areas that are regularly examined are:

3. GOA (Football 12/07, ‘Rights and Responsibilities’ in Biggo 12/11, Plantex Sep/Dec 15)

• Audit Risk: Identifying audit risks (IR, CR, DR) from the scenario given and the auditors response to these risks • Internal Controls: Deficiencies, consequences and recommendations e.g. in a sales or payroll system • Balance Sheet Auditing: Substantive audit procedures e.g. Inventory or accruals • Corporate Governance and Ethics: Best practice and ethical threats/safeguards My advice is to attempt Section B first as Section A answers tend to be so similar that you could easily confuse yourself! I have lots of models to guide you and lots of examination technique tips to help you get through the exam. Good luck with your studies! Shaun Browne F8 and P7 specialist

4. Normative vrs instrumental approach to stakeholders (JH Graphics 34 in Kit) 5. Ethical Threat to independence/safeguards (Ann Koo6/11, Hum and Hoo 6/14) [MARCH 17] 6. Corporate codes of ethics (JH Graphics 34 in Kit, Hogg 12/08, Coastal Oil 12/11) [Prof Code MARCH 17] 7. Sustainability (JGP 12/10, Wyland 12/13)/ full cost accounting / CSR(Rosey 6/15) 8. EMAS Env Audit/Footprint (JGP 12/10, Pulpo 6/15, Hum 6/14) 9. IR (Plantex Sep/Dec 15) Exam technique is crucial! USA: Understand the requirement. Structure answer (use Key Words!). Apply to scenario. Do the mock and then do another. Stress the professional qualities of Accountability, Scepticism, Independence, and Sustainability in your answers. And... Good luck! Owen O’Reilly P1 and P3 specialist

P3 Business Analysis Areas you especially need to cover

Owen O’Reilly P3 is massive and unfortunately anything can and will come up. Best advice is to use the financial evidence to make many short/quick points where you say what your point (THIS) MEANS for the company. Expect more Marginal and Relevant Costing issues. Note articles: Costing for Decision Making (Oct 16). Performance Indicators (Sept 16). Some areas to note for our Revision Course include: Position 1. Note any APPENDIX as possible Pro forma for your answer. 2. Regression analysis/Time series (Coolfreeze Pilot, ATD & Noble Pets 12/14, ATL 12/11, Mock 1) Qualitative Forecasting/ Scenarios (Nesta 6/13)/ 3. Financial analysis (Housham Garden 12/13, Joe Swift 06/10, MMI 12/08), 4. Flex Budget/Variance analysis, Activity BC, Budgeting, (Coolfreeze Pilot, M&G Sept 15) 5. Benchmarking, CSF, KPIs [Performance Mgt ARTICLE] 6. Analyse performance (Shoal 12/10, Roam 12/14, TMZ 6/15) BCG (Shoal12/10) 7. Cultural Web (MidshireHealth, National Museum) 8. Strategic Capability/Resources/competences (Wetlands 6/10, ONA 12/07, 9Ms) 9. Porter’s 5 Forces/Diamond/ VALUE CHAIN (06/16Hybrid q1a),

Choices/Options 1. SAF – use SAF to evaluate ANY strategic option requirement 2. Marginal Costing & Contribution. Make or buy decisions (Outsourcing), Special contracts, Closure decisions, Scarce resources (EcoCar 6/11, ITTrain 6/14, YTR 6/15) [Costing for Decision ARTICLE] 3. Decision Trees/ Probability/Expected value (World Engines 12/12, Mock 2, 2Tel 6/15, JUNE 16) 4. Generic Strategies (YTR 6/15), TOWS (ReInk 6/14)

Action/Implementation 1. Investment appraisal/Business Case (Hammond Shoes 6/12, IIA 6/14, Graffoff 12/12) / Project reviews (HomeDeliverer 12/11) / Project controls (gateways, highlight reports) 2. Harmon [MARCH 17] But watch out for POPIT (06/16Hybrid q4b), Swimlanes & ADDIR 3. Methods of Financing JUNE 16Q1c 4. Software package evaluation /procurement (OneEnergy 6/09, Flexpipe 6/12, Bridgeco 6/14) [MARCH 17] 5. E Procurement (Cronin Auto 6/11), Online branding, Leadership style/ Job enrichment (ARC 6/13), 6. Integrated Reporting (6 capitals) (Sept 15 exam) 7. 6 ‘I’s and Pricing (06/16Hybrid q4a&b), Exam technique is crucial! USA: Understand the requirement. Structure answer (use Key Words!). Apply to scenario. Do the mock and then do another. These are essential for your time management success. Be sceptical of benefits, probabilities, figures generally. And... Good luck! Owen O’Reilly P1 and P3 specialist

P5 Advanced Performance Management Martin Corboy

General advice on P5 The key requirement to pass P5 questions is to read the exam question very carefully to ensure that you know exactly what the examiner is asking you to do and that you clearly understand the link between 1) the question requirement 2) the scenario presented to you and 3) the technical content of the P5 syllabus. These links should be clear to you before you start writing your answer, if they are not, it is highly likely that you have misinterpreted what the question is asking you to do. The link with corporate mission, CSF’s, KPI’s and information systems. (It is vital that the information provided to management actually enables them to monitor the successful implementation of strategy. The role of information systems and performance reports is regularly examined in the Case Study 50 marker). Some areas to note for our Revision Course include:

• Fitzgerald & Moon’s Building Blocks/Lynch & Cross’s • Performance Pyramid/Balanced Scorecard • Prediction of Corporate Failure • The role of Big Data-note in particular the recent article by Ken Garrett now on the Technical Resources database for P5 • Interpreting Financial Data-Dangers • Management by Objectives (Performance Appraisal) and the use of Reward strategies • Performance Metrics-EVA/ROI/RI/Shareholder Value • 6 Sigma and Quality • Integrated Reporting-implications for management accountants • Environmental KPI’s Good luck with your studies! Martin Corboy F5 and P5 specialist

P7 Advanced Audit & Assurance Shaun Browne

Variants: First of all don’t forget that you have two main choices of variant with P7. These are Irish or International variants. As a guide if you are planning to be an audit partner and you currently work in an audit practice (medium to large firm) then the Irish variant is best for you, otherwise choose the International variant. You should also have chosen P2 UK variant as well (no Irish variant for accounting standards) in order to qualify for an Irish practicing certificate. Section A (Compulsory) The format of this paper hasn’t changed for quite a while, good news for us all! Q1 tends to be on risk and planning and covers Audit Risk, or Business Risk or Financial Statement Risk (RoMM). The examiner has been known to mix up these topics e.g. Q1 a. Audit Risk and Q1 b. FS Risk. For this sitting we are expecting Audit Risk however the examiner could be sneaky and make it Business Risk because we’re expecting Audit Risk! Q2 is traditionally the non-audit question covering topics such as Forensics, Due Diligence, Internal Audit, Outsourcing, KPI’s and PFI (don’t forget Insolvency for Irish variant students). Section B (Optional 2 from 3) Q3 is the file review question that you perform as an audit manager considering the matters and evidence. This question tests your detailed knowledge on F3, F7 and P2 accounting standards. Don’t forget to bring in materiality! Q4 is usually the Ethics and Practice Management question that could include quality control, tendering, lowballing, fees and advertising plus steps or actions you may take. Irish variant students don’t forget the five ethical standards in addition to the ACCA and IESBA ethics. Finally Q5 is traditionally the audit reporting question. With the new format of the audit report and the new Key Audit Matters (KAM) this is likely to be a regular contender for the next few sittings. Don’t forget the going concern paragraph if required. If you have any queries about the syllabus, or which variant to choose then please do get in touch. Good luck with your studies! Shaun Browne F8 and P7 specialist

Diploma in Accounting and Business The Diploma in Accounting and Business is a great start to your ACCA journey! This internationally recognised ACCA Diploma is granted to those who pass the first three papers F1, F2 & F3. No previous academic qualifications are required to study for these qualifications which provide you with a very good grounding in accounting. Diploma in Accounting and Business requires you to pass • Accountant in Business (F1) • Management Accounting (F2) • Financial Accounting (F3) In addition you will be required to complete a professionalism and ethics module called Foundations in Professionalism. Furthermore you will be required to complete one year’s relevant practical experience in any accounting environment to show you can use your knowledge from the exams in the workplace. Experience can be completed before, at the same time or after taking your exams.

How long will it take to complete? It’s up to you as there is no time limit. You can sit the exams on demand as computer-based exams in our ACCA approved CBE centre here at City Colleges.

Who are my tutors? Your tutors are Martin Corboy (F2), Georgina Skehan (F3) and Owen O’Reilly (F1). These are all excellent and caring tutors who will guide you with their extensive exam experience and good humour. When can I start? Classes commence the first week of SEPTEMBER. Remember all classes are streamed live and recorded for your convenience. So you will never miss a class or an explanation. The recordings also make later starts possible. Call if you have any questions – or drop in for a coffee at any stage and we will get you started on your ACCA journey!

Your ACCA Qualification The ACCA (Association of Chartered Certified Accountants) is one of the most well-known and highly respected accountancy qualifications in the world. It is ideal for those looking for a career in finance, whether in accountancy practice or business. The ACCA qualification is relevant to each and every area of accountancy and finance, so you will have the choice of working in many different financial roles and at senior levels within an organisation. You can study and work wherever you want because ACCA qualifications are recognised and valued around the world. Employers know and respect the ACCA qualifications and value the skills and contribution ACCA accountants make to their organisation. As an ACCA-qualified accountant you will be in demand all over the world.

To start you first must register as a student with ACCA. Enrolment with City Colleges does not register you or enter you for the exams. There are minimum entry requirements to start the ACCA qualification. You can contact the ACCA on 01 447 5678, email [email protected] or, www. accaglobal.com. To qualify you must complete: • 14 exams (nine of which are eligible for exemption) • Relevant practical experience - minimum 3 years • The Professional Ethics module You may be exempt from some of the exams if you already hold a relevant qualification (e.g. an accountancy degree). To check your exemptions Google ‘Irish ACCA exemptions’ or go to www. accaglobal.com Good luck on your ACCA journey!

LIVE LECTURES

Streamed Online & Recorded City Colleges is Ireland’s original provider of ‘Live, Streamed and Recorded’ ACCA tuition. Our live ACCA classes from South Great George’s Street in Dublin are ALSO broadcast live online throughout the country. This is our sixth year streaming our classes live and our experience in delivering, streaming and recording your classes is a key benefit for you because you will never miss a class or an explanation. You can even ask questions online during the class! It is the best of all worlds and a great advantage for our students because you can watch at your convenience.

Your Clear Advantage City Colleges

Ireland’s original provider of ‘Live, Streamed and Recorded’ ACCA tuition

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Availability of online facility means I don’t miss classes when I travel with work”

- Ciaran Maloney

P1, P2 & P7 (Feb 2015 term)

“The online lectures are great. If I miss a lecture I can do it online the next day so when I’m back in class I’m not behind. It’s a great system.“ - Claire Liddy on Papers F6, P1, P3 “I live in Galway so the online lectures are vital to enable me to participate in class.” - Lisa Hopkins on Paper P6 (Aug 2015) “I find online lectures extremely useful if I am unable to attend class because of work and also as a study aid.” - Carol Byrne F9 (Aug 2015) and P6 (Feb 2015) “I have never been to City Colleges as I am from Kerry but chose them because of the online facility. The online facility is great and I am disappointed I didn’t know about it earlier as I could have used them in the past (doing my last two exams with them now!). You get all the benefits of college from the comfort of your own home!” - Martina Molyneaux P6 & P7 (Feb & Nov 2015)

Live. Streamed. Recorded.

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ENROL NOW ONLINE Enrol and pay on our website citycolleges.ie to secure you place

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City Colleges Wicklow House, 84-88 South Great George’s Street, Dublin 2, Ireland Tel: 1850 25 27 40 Email: [email protected] www.citycolleges.ie