T5 Tips for DEC 2010

I have yet to perform my analysis for the T5, still busy with revisions and mentoring work for the OBU project submission. I will be posting it soon - so stay tuned.

For those that are preparing for this paper - review the past year papers in detail, something is bound to repeat.

This is going to be the last sitting for this paper to be examined in its current format, it will be changing its name soon.

The coming semester students doing the CAT module need not do the T1 to T4 unless they feel it is necessary for them to have a good foundation, if you already have some accounting basics and sufficient knowledge, you can opt to do the ACCA Diploma programme - 3 papers which exempts you from ACCA Knowledge F1 to F3.

This is faster than the previous route of studying but I belief that you should really assess yourself before jumping into this aspect.

The benefit for students - study it but you may only need to pay for 3 exams as compared to 7 exams in the past.

This is a saving in terms of cost, but you should use your judgement about skipping the knowledge part of the studies.

I have no idea how the industry is going to re-act to this, the colleges have yet to state their approach to this. Options that may be taken by the college

1. Ask the students to do an internal qualification rather than external one like T1 - T4

2. Make the students sit for the exams and pay the tuition fee

3. Incorporate the fee as a single amount and still make you study it but no requirement for the exams

4. Just offer the 3 papers and forget about the charging part of it (highly unlikely)

What ever the response, I will be glad to give advice for the students that require it.

Tips for T5 DEC 2010 will be appearing very soon. FOR NOW THE BEST WAY TO PREPARE FOR THIS PAPER IS TO

1. GET THE STUDY GUIDE

2. GET A BPP TEXT BOOK

3. GET THE PAST YEAR PAPERS

4. REVIEW WHAT HAS BEEN ASKED IN THE STUDY GUIDE VS WHAT HAS NOT BEEN ASKED

5. REVIEW ALL AREAS NOT ASKED YET FROM STUDY GUIDE

6. REVIEW AREAS THAT HAVE BEEN ASKED A LONG TIME AGO FROM STUDY GUIDE

7. REVIEW THE AREAS THAT HAVE BEEN ALWAYS ASKED [NAMES]

JUNE 2010

1 (a) Define the term human resource planning. (2 marks)

(b) Identify and describe the four key stages of a human resource plan. (12 marks)

(14 marks)

2 (a) Identify four types of control procedures that can be used to control weekly wages paid in cash, giving one example for each procedure. (8 marks)

(b) Explain three control procedures that can be used to control monthly salaries paid by bank transfer. (6 marks)

(14 marks)

3 (a) List any six of the team roles referred to in the work of Belbin. (6 marks)

(b) Describe the characteristics of any four of the team roles listed in part (a). (8 marks)

(14 marks)

4 (a) Explain the four different learning styles classifi ed by Honey and Mumford. (8 marks)

(b) Outline three potential barriers to effective adult learning. (6 marks)

(14 marks)

5 (a) Describe four different controls to help prevent computer hacking. (8 marks)

(b) In addition to hacking, identify and explain three further risks to computerised systems and explain how they can be prevented. (12 marks)

(20 marks)

BASED ON THE ABOVE IT WOULD APPEAR THAT

ALMOST ALL THE AREAS HAVE BEEN ASKED - SOME WERE REPEAT QUESTIONS LIKE Q4 AND Q3, THOUGH BOTH QUESTIONS ARE USING NAMES (UNUSUAL)

BELBIN + HONEY AND MUMFORD

WHICH BRINGS US TO OTHER NAMES

MOTIVATION CHAPTER HAS A LOT OF NAMES STILL NOT EXAMINED

MANAGEMENT CHAPTER HAS SOME NAMES STILL RUNNING AROUND

LEADERSHIP - YES THERE IS STILL SOME NAMES LEFT OVER

PERFORMANCE APPRAISAL LOOKS LIKE A TARGET THIS TIME, BUT THERE IS LOT TO COVER IN THAT CHAPTER

COMMUNICATION IS ALSO LIKELY BUT YOU WILL HAVE TO PERFORM THE FILTERING PROCESS AS INDICATED ABOVE

ORGANISATION STRUCTURE - MAYBE ADV/DISADV OF CERTAIN STRUCTURE

PROCEDURES, POLICIES AND SYSTEMS - IT IS A LIKELY AREA FOR A QUESTION.

MANAGEMENT INFORMATION SYSTEM HAS NOT BEEN ASKED FOR QUITE A LONG TIME

THE FINAL CHAPTER - HEALTH RISK / SAFETY RISK EVALUATION AND POSSIBLE SAFEGUARDS TO RISK

EVACUATION PLAN AND ITS IMPORTANCE

FIRE EMERGENCY AND RELATED ISSUES WITH FIRE RISK

REMEMBER THIS IS JUST THE PRELIMINARY AREAS OF FOCUS, I will be doing a more detailed analysis later on when I become free.

Hope that helps