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Study Zone

ACCA expands CBEs

The ACCA has unveiled the countries where it will be increasing the availability of its CBE sessions for June.

FRC wants the right to sanction all directors

The UK’s biggest public companies have been put on notice – the Financial Reporting Council (FRC) wants to be able to take disciplinary action against all individuals for breaching financial reporting rules.

ACCA P7: A logical approach

James Griffiths offers a step-by-step guide to how to get through P7, a paper that causes PQs so much stress

ACCA CBEs: Be a session player

Judith Bennett explores the practical ways that you can tackle ACCA’s F5–F9 exams

Timely releases from the ACCA

ACCA has said that it will look at reinstating a clear policy of releasing information around exam times, says director of qualifications, Catherine Edwards in an exclusive interview with PQ magazine.

Audit reports: keep up!

Paul Merison explains how you can get your head around the recent changes to the audit report that are now examined in F8 and P7

Want to pass F9? Then call a CAB!

Sunil Bhandari explains why being out of order can help get you a pass mark

College visit: AVADO

PQ magazine went to Hammersmith to discover how three of Avado’s ACCA studiers are finding the online world of accountancy training

A Quick Look at... the nominal ledger

Today, the role of IT and the internet are wide ranging in industry, government and society.

ACCA P4: give it a whirl

Sunil Bhandari explains why you should consider the optional P4

IFRS: a model answer

Martin Jones sets a question on equity and debt – and provides a specimen answer

December exam feedback

ACCA F7 candidates worrying about the amount of C answers in the MCQs, P1 sitters struggling to write a letter, and an outcry over P7 time pressure.

ACCA releases Q&As for F5-F9

ACCA students will have been both ‘shocked’ and ‘delighted’ with the news that the association released the F5-F9 September exam ‘Questions and Answers’.

Strategic changes

Mary Bishop explains changes to the qualification that are due to come into effect during 2017 and 2018

ACCA September exam feedback

What the examiners thought of the September exams – and what students thought, too

Exam preparation: 24 hours to go

Stuart Pedley-Smith outlines what you should be doing with your time on the final day before that big exam

A quick look at… Treatment of payments for corportion tax purposes

A company may make different payments, but are you clear as to how each is treated for corporation tax purposes?

Tips from the top

ACCA prizewinner Reena Mehta-Jagatia offers her tips for exam success

ACCA exam feedback – from the September sitting

How were the September 2016 exams. Here’s what those who sat the P exams thought and those who set the exams (the examiners) thought!

Rising to the challenge

Accountants working in the public sector face a unique set of challenges. So how are they dealing with them?

Don’t get too close

EY has agreed to pay a whopping $9.3m to the US Securities and Exchange Commission to settle charges that two of its audit partners “got too close to their clients on a personal level and violated rules that ensure firms maintain their objectivity and impartiality during audits”.

New case study for final level

The ACCA unveiled a major shake-up of its final level examinations at an exclusive preview of ‘the ACCA Qualification – the future’ at its new HQ on 10 October.

All change at ACCA

Alan Hatfield outlines changes to the qualification designed to keep it both relevant and fit for purpose

Budgeting: can you have your cake and eat it?

Why did the Beeb lose ‘Bake Off’? Caron Betts exlains the budgetary reasons

A quick look at… Ebrahimi v Westbourne Galleries Ltd. [1973] AC 360

This case remains the leading authority on the provision currently found in s122(1) (g) of the Insolvency Act 1986, which provides that a petition to wind up a company can be granted if it is “just and equitable” to wind up the company.

Sustainability and the UNGC: it’s the real thing

Keeping the planet clean for our children is laudable, but regulation could get in the way, says Martin Jones

Intangible assets: change is needed

It’s time for a revolution in the reporting of intangible assets, says David Haigh

September feedback for the ACCA exams

Confusion reigned at the start of the F8 ACCA September exams as students had to get their heads around a change in the question numbers – Q16, Q17 and Q18 becoming Q1, Q2 and Q3 respectively.

You can’t write that!

PQ magazine takes a look at a recent case that came before the ACCA Disciplinary Committee

Top tips for the exam hall

Here’s our 10 tips to ensuring success in the ACCA Exam Hall – so read and remember!

A study technique that will help you crack F1

It would be a C.R.I.M.E. to fail this paper – just use our mnemonics to help you get that pass

September ACCA exam changes

LSBF’s Paul Merison outlines the changes to the ACCA exams that kick in for the September exam diet. How will it affect you?

ACCA September exam tips - Essential papers

BPP's top team provide their tips for the September essential papers - P1, P2 & P3

ACCA September exam tips - Options papers

BPP's tips for the option papers

ACCA September exam tips - First Intuition

FIrst Intuition provides September tips for all the Professional papers

A quick look at… IFRS 11 – Joint Arrangements

Accounting for joint arrangements is an example of a topic where the accounting standard (IFRS 11) is relatively straightforward to apply.

ACCA September exam tips - Skills papers

BPP's top team give their advice and tips on passing the ACCA September exams

A quick look at… accounting for value – defining value

Most people will know something about Value Based Management (VBM). It is a management philosophy that, basically, focuses on the creation of value rather than just profits.

Classic way to succeed

One way of beating those stress blues while you are revising is to play a little bit of classical music.

IASB amends IFRS 15 revenue standard

The International accounting Standards Board (IASB) has issued amendments to IFRS 15 Revenue from Contracts with Customers, to help clarify some requirements and provide more transitional relief.

Are you working hard enough? P7 examiner doesn’t think so!

ACCA P7 March sitters have come under fire for being unprepared for the exam and simply not putting in enough effort into learning many of the basics. This assessment of the March sitting comes from the P7 examiner who is not a happy woman.

Top tips from a record breaker

Meet top ACCA studier Himani Singla, a record-breaking distance learning PQ with First Intuition

BPP's June 2016 exam tips

Here are BPP's tips for the June test!

Top tips for the June exam

First Intuition provides its tips for the June exam

LSBF's June 2016 Exam Tips

Exam tips from the top tutors at LSBF. Just for you...

What ACCA examiners want

We take a look at the December 2015 Examiner’s reports and see what was examined

ACCA to phase in new CBE exams

ACCA students should now have discovered the ‘approved’ learning partners for the first phase of the introduction of CBE exams for papers F5 to F9, due to begin this September.

Get on a course!

ACCA says optional pass rates will improve only when students sign up to a proper course.

Style + effort = substance

How do you exploit your learning style to your best advantage? James Taylor explains all

Exam results dates: straight from the horse's mouth

Alan Hatfield wrote to PQ about exam results dates. Here's what he said…

ACCA exams: 15 minutes added via RAPT changes

The ACCA is removing the exam restrictions relating to the 15 minutes’ reading and planning time.

How to get those four easy marks

So where are the ACCA professional marks awarded?

CIMA assessment: a step too far?

Educators must empower students to think flexibly and take control of their exam journey, says Mark Foley

ACCA signs deal with British Council

The ACCA has unveiled the new partner to provide its global exam centre network for the introduction of the ACCA’s CBE and paper-based exams – the British Council. The agreement means the British Council will provide a secure network in the UK and in over 100 countries where the Council operates.

How to pass P2

A short revision course will not guarantee you success in the ACCA P2 papers, says the examiner in the latest Examiner’s report.

‘Fab Four’ exam sittings

ACCA has moved from two to four exam sittings this year. Rebecca Evans outlines what this means for you

CBE exams are coming

It’s full steam ahead for the introduction of CBE exams this September, says ACCA Director of Qualifications Catherine Edwards.

We want a fixed exam date please!

The time has come for the ACCA to have an official day for exam results, say both students and tutors.

A quick look at... rollover relief

Rollover relief is an important relief available to both companies and sole traders, but there are some twists to watch out for.

ACCA F4 paper: Dismissal – rules and remedies

Nicola Floater explains what you need to know about employment law to get a pass in F4

ACCA PER changes: less is more

The ACCA is introducing a new PER policy in 2016, and it is promising a new, more user-friendly recording tool as part of the update.

Time for an ACCA student council

Do ACCA PQs need a student council to represent the views of all students?

ACCA P2: taming the beast

Clare Finch explains how you can pass the P2 Corporate Reporting paper

What ACCA examiners want

So how do you impress the people that matter – the examiners? Here’s what they thought of your September efforts – straight from the horse’s mouth


LSBF's top team give their tips for the up and coming exams...


Here are First Intuition's tips for the December sitting


Here are what BPP's top tutors think might 'appear' this winter

PQs vent frustrations as ACCA scraps exam Q&As

What has happened to the ACCA exam questions and answers?

F9 sitters demand drastic changes to ‘lottery’ paper

The call has come from F9 sitters for the ACCA to seriously look at what they expect student to do in three hours.

F9: There is no substitute for syllabus knowledge

If you can understand the F9 exam format – and the examiner’s philosophy – then you are well on the way to passing this paper, says top tutor Matt Holden

F7: no room for error

Changes to the Financial Reporting paper have made it a tougher one to pass. Clare Finch explains all

ACCA examiners’ reports for June

Here is our take on the ACCA examiner’s reports for June. You really have to read what the examiner thought if you want to get ahead and get qualified!

P5 students don’t listen to me, claims examiner

The P5 examining team are a worried bunch. For eight sittings the quality of answers have not improved, and at the June sitting the pass rate was just 28%.

A question of support

ACCA wants its students to achieve their goal of ACCA membership and is focused on enhancing the support available, explains Ros Leah

Eat your way to resilience

To be a success in life – and, of course, in accountancy exams – you need to develop resilience. CABA’s Nicki Cresswell explains how you can do this

IFRS 13: a sense of fair play

Tom Clendon explains the international standard regarding Fair Value Measurement by setting you a question

Consolidating your P&L knowledge

Jenny Winstanley explains the consolidated statement of profit and loss

Building on the right foundations: F5, F8 & F9

Here is our take on the ACCA examiners’ reports for June. You really must read what the examiners had to say

ACCA pass rates tumble in June

Just 28% of ACCA students sitting the June P5 exam managed to scrape a pass, according to the latest pass rates released by ACCA. Many who failed will be pleased they get another chance to pass at the new September sitting!

FRC updates mean ‘landmark changes’ for smaller UK firms

The Financial Reporting Council (FRC) has issued a suite of changes it is hoping will simplify accounting standards for micro-entities and small businesses in the UK.

ACCA exemption policy ‘needs to get better’

The FRC has put the ACCA’s exemption processes on ‘high priority’ for 2015.

Islamic finance deserves wider syllabus coverage

Mezbah Uddin Ahmed argues that ACCA should include more on Islamic finance within the qualification

Management information: a capital idea

How much working capital should a company have? Jan Weston has the answer

Opening year rules: get your dates right

Liz Hulls explains the opening year rules that continue to cause so much trouble for part qualifieds

F5 - BPP's September exam tips

Here are BPP's September 2015 F5 exam tips

F6 - BPP's September exam tips

Here are BPP's tips for passing the F6 exam this September

F7 - BPP's September exam tips

BPP's top team take a look at the September F7 exam. What do you need to do?

F8 - BPP's September exam tips

The clock is ticking - what should you know about F8 for September. Here are what the experts of BPP say...

F9 - BPP's September exam tips

Need some reassurance? Here's what F9 this September will be all about...

P1 - BPP's September exam tips

The first-ever September P1 exam will soon be upon you...

P2 - BPP's September exam tips

What can you expect at the September sitting? BPP's top team runs you through it all.

P3 - BPP's September exam tips

September is nearly here - what do BPP tutors think you must know?

P4 - BPP's September exam tips

What can you expect in September when it comes to P4? We give you the steer

P5 - BPP's September exam tips

Here you P% sitters - BPP's advice for the September sitting

P6 - BPP's September exam tips

BPP's top tips for the up and coming test

P7 - BPP's September exam tips

P7 tips just for you...

No more published MCQs for F papers

That’s it folks – ACCA students sitting the F papers will no longer be able to see section A of the exam they have just sat!

Bringing the brand to life

PQ spoke to ACCA’s director of strategy and brands, David Grint

IFRS: Don’t let bad debts get you down

Martin Jones explains the whys and wherefores of the new IFRS 9

Ethics = trust

Alan Hatfield explains why the ACCA puts a premium on taking an ethical approach – and argues all organisations should do likewise

IASB completes review of IFRS for smaller UK firms

The International Accounting Standards Board (IASB) has issued limited amendments to the IFRS for SMEs following a comprehensive review. The Standard, which was specifically developed for small and medium-sized entities, has seen remarkable uptake, with millions of companies using it worldwide. The International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) was developed in response to international demand for the IASB to develop global standards for SMEs.

IASB breaks ground with mission statement

The International Accounting Standard’s Board has unveiled a new mission statement.

IFRSs and revenue recognition: a new five-step approach

Martin Jones tells you all you need to know about IFRS 15

F6, F8 and P4: some sound advice

PQ magazine attended both days of the ACCA Global learning providers’ conference in London, bringing you the examiners’ thoughts

A quick look at…Henry Mintzberg’s emergent strategies

Successful organisations design and choose strategies to maximise their profits, providing continuous and lucrative growth in a competitive market.

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