As an ACCA student, you only have to learn the law here first and last time only. You can make it easy with our simplified notes. But the formula to pass the exam is simple, read the book carefully, highlight the important rules.

Content:

• Sale of goods Act
• Arbitration
• Types of organization
• Companies Act
• Directors
• Insolvency

This can be toughest paper for you if you have not learnt MA paper conceptually. Some of the students took exemptions in knowledge level, and that’s why face problem in PM. If you are one of them, then do the double hard work.

Content:

• Activity based costing
• Standard costing
• Ratio analysis
• Job, batch & process costing
• Material, labour & overhead

Here you will learn UK Taxation, its more of a Indian tax only, but still figures and some rules are different. It’s having highest passing ratio, but some students gets exemption in TX.

Content:

• Income tax
• Corporation tax
• VAT
• CGT
• Inheritance tax

Contents:

• Journal & ledger posting
• Bank reconciliation
• Accounting for tax
• Provisions
• Consolidation

Its not a basic accounting, its the accounting standards paper, its called IFRS / IAS. For most of the students, this is something new.

Content:

• Revenue recognition
• Lease
• Non current assets
• Consolidation

If you don’t do the writing practice and don’t write mock paper before final exam, you will have to rely on luck. Subjects and topics are so much connected to practical life, that’s why it takes time to understand the concepts, but real life examples help you make it easy.

Content:

• Audit procedures
• Internal controls
• Report & Opinion

Basics of finance starts here, you can’t go further without understanding the Time value of money and constant revision of topics, because the concept learned in chapter 2, will again be required to apply in chapter 20.

Content:

• Investment appraisal
• Working capital
• FOREX
• Business valuation