The episode is equally vital for Financial Reporting exam takers. The standard takes just a page to read but it includes a fatal misconception students have.

Make sure to subscribe to my LinkedIn Profile (Liliya Kirylenka, FCCA) to participate in weekly IFRS quizzes to enjoy the microlearning for the exam

Feeling stressed about tomorrow’s ACCA exam results day?
Here are a few techniques that will help.

But first, let’s talk about the hard truth.
You are taking ACCA because you ultimately want to hold a top-level position. Otherwise, why the suffering?

As a manager, you will face stress regularly:
⏱ deadlines, KPIs
👮‍♀️pressure from stakeholders
🧩decisions made with imperfect information

So today is not just the day before exam results day. Today is a training day.
Today, you practise stress management.

Here are 6 tips that have helped many students of mine!

Does IAS 40 look like the easiest one? Ha! Wait for an SBR question to ask you when Cost model will be more appropriate for Investment Property.

This video draws your attention to how a question that looks like IAS 40 question will in fact test other standards (e.g. the Conceptual Framework in the example above)

Join my course to prepare for SBR effectively an efficinty: https://www.amalearnonline.com/liliya-kirylenka/

Oh no, don't say "because of PIRATE criteria", in SBR we need to justify each and every thought, and IAS 38 doesn't have this exact mnemonics, it has been invented for study purposes, so we can't use it as a justification.

IAS 38 is tested almost in every sitting. Why? Because even if a company is a manufacturing one, still, it will have lots of Intangible Assets

This standard is tested frequently in the Financial Reporting exam and you may have a feeling that it's quite easy. Well...no... SBR tests your ability to challenge the scenario, so IAS 37 may come with some unexpected scenarios.

In later episodes we'll also look into "When something loks like a provision but it's not" topic.

Sign up for my SBR course that teaches people pass this exam by seeing the clues in the scenario: https://www.amalearnonline.com/liliya-kirylenka/

IAS 36 Impairment is tested almost in each and every sitting and is likely to be tested as part of environmental issues question.

Ready to pass SBR with a tutor who pays attention to focusing the students to what is important? Join my SBR course: https://www.amalearnonline.com/liliya-kirylenka/

I've had groups with 100% pass rates, so I know how to make busy professionals succeed

IAS 16 looks like a basic standard which means it's an ideal candidate to practice your skills! Can you come up with the ways that depreciaiton can be tested? I can.

Listen to this episode which illustrates what to expect in respect of the depreciation topic.

Ready to take an SBR course to pass? Join me this session: https://www.amalearnonline.com/liliya-kirylenka/

Let's talk about Employee Benefits. This standard is often tested in conjunction with the Cash Flow Statement.

Are you taking SBR any time soon? Subscribe to my LinkedIn to participate in weekly IFRS Quizzes: https://www.linkedin.com/in/accatutor/

Or join my course: https://www.amalearnonline.com/liliya-kirylenka/

Did you know that because I'm a member of ACCA Gold Approved Learning Partner Group I have to keep my pass rates outstanding to keep the status?

This means that I am VERY motivated for my clients to pass.

Cheers!