Pass Your SBR ACCA Exams with Tom Clendon

It is the day after the SBR exam. Here is my hot review. Compiled having listened to my students! Also published on my YouTube channel. 

There is an UK and an Irish variant of the SBR exam. These variants are for those students who want a practicing certificate. The extra content that these variants test is FRS102 (UK GAAP) and how this varies from International GAAP.

In this episode I chat all things FRS102 with Steve Collins. To put it simply, Steve Collins is the country's leading authority on FRS102. He is MR UK GAAP.

If you are doing the UK / Irish variant then this is an important episode for you! We talk through the differences between IAS GAAP and UK GAAP in respect of deferred tax; leasing and group accounts.

The episode is 20 minutes long (my longest podcast). If you are doing the UK or Irish variant then every minute will be precious!

If you want a course or support to pass SBR, then please reach out to me. Whats app. +44 7725 350793 (07725 350793)

In this episode I take the accounting standard IFRS 2 Share based payments and explore how it interacts with two other standards; IAS 7 Cash flow statements and IAS 12 Income Taxes (deferred tax). This is not for beginners. Those listeners with a prior knowledge of all three of these standards will get the most out of this episode. 

The Advanced Audit and Assurance exam is an optional exam at ACCA's strategical professional level. In this episode I chat with colleague Ben Wilson and he explains why he thinks you should chose to sit this exam! 

In this episode I take the topic of deferred tax and explore how it interacts with two different accounting standards (IAS 16 PPE and IFRS 16 Leases). I also touch on how IAS 12 appears to conflict with the conceptual framework! This episode is not for beginners! Make sure you listen to part 1 first!

After explaining the difference between accounting policies and accounting estimates, I then go on to apply this standard to a number of different practical situations.

Results day is a binary day. Pass or Fail. But that is already now history - so what next? This episode has me giving some general advice to those who passed and those who want to go and pass their exam at a subsequent attempt.

To pass the final level professional accounting exams, you not only need to know your stuff but also how to apply it in new situations. In this episode I present you with a challenge. I wonder if you get to the conclusion before I do and understand my reasoning and answer first time!

This is the only examinable ED for the June 2022 examination. If you are doing that exam - it is worth a listen to once. It is less than five minutes long.

Yes this is a current issue at SBR! First we need to understand the nature of an Initial Coin Offering (ICO) so that if this comes up in the exam we can discuss the accounting treatment. My explanation of ICO's includes references to intangibles assets, impairment and crypto currencies! I hope you enjoy the episode.