Professional Documents
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Day 2 - SBL Practice To Pass by Hasan Dossani (DEC 2022)
Day 2 - SBL Practice To Pass by Hasan Dossani (DEC 2022)
DEC 2022
(Day 2)
Before We Proceed
MANUAL OR CBE
• This Webinar is based on “CBE” approach
PREVIOUS WEBINARS
• All topics cannot be covered in this webinar due to limited time
✓ December 2021 Webinar by Hasan Dossani (for full case study drafting practice – NEHBY)
✓ March 2022 Webinar by Hasan Dossani (for full case study drafting practice – TT4U)
• Any general / other question should be asked in last 10 minutes of the webinar
For verbal discussion in role plays, you will need to raise Hand in Zoom and then I will allow permission to
speak
Teacher’s Intro
Professional Qualification
• Fellow Chartered Accountant (1999)
• CMA, CISA, CIA and several more
• 20 years working experience in field of accounting and auditing
• Working as CFO in Dubai since last 12 years
Teaching Experience
• Teaching ACCA students since last two decades
• Taught appx 6000+ students
• I teach online @ VIFHE
• I love to share real life / board room examples
• Conducted numerous P2P webinars for ACCA
To join my global whatsapp group, pls message on the below number and you will be sent a link
Exam Techniques
1. Copy paste all technical requirements on your Word Tool in the CBE Platform
3. Prepare skeleton of the Answer before you attempt it (format, headings, etc)
Time Management:
3. Read 1:Many Exhibits FIRST and then 1:1 Exhibits (if 60 minutes are not up)
• You can write target ending time in your WORD response tool to keep track
Number of Points
3. 1 point = 1 para
4. Exception:
• In FINANCE related question, give 1-2 points extra (to score high)
5. Look for stress words (e.g. very, significantly, extremely, notably, etc.)
3. Summarize current status / problem from the Exhibit by talking about its “root-cause”
and its “impact” on the business
Technical Articles
Following articles have been published since JUNE 2022
1- Cyber security
2- E-Marketing
3- Market segmentation
IGNORE
4- A world of Intelligent Agents (AIs)
5- Four Line of Defence
6- Internal Audit / Audit Committee
Advantages
• Remote access
• Energy and cost savings
• Convenience / ease of use
Disadvantages
• Relatively expensive than non-smart appliances
• Dependency on internet
• Privacy issues
• Data security issues / hacking
Advantages
• Faster
• More efficient
• Convenience
Disadvantages
• May not handle complications
• Safety risks
• Technical errors
• Data security issues / hacking
• Not call customers can use
Advantages
• Faster
• More efficient
• Convenience
• Multiple languages
• Operation savings for retailers
Disadvantages
• May not handle complications
• Customers making errors
• Not call customers can use
• Frauds / shop-liftings
Advantages
• 24/7 banking
• Faster
• More efficient
• Convenience
• Real time updated information available all the time
• Operational savings for bank
Disadvantages
• Dependency on internet
• Not call customers can use
• Privacy issues
• Data security issues / hacking
Responsible Leadership
Tradition leader / organization
Focuses on shareholders only (profitability) PLS WATCH MY SEPT
2022 WEBINAR DAY 2
Responsible leader / organization
Focuses on:
▪ Multiple stakeholders (and not only shareholders) while making strategies
▪ Social responsibility / contribution (e.g. employee health & safety, job opportunities, CSR, etc)
▪ Environmental sustainability (e.g. pollution, recycling, scare resources, waste management)
▪ Ethical and moral behavior (e.g. honest and truthful, pay fair taxes, admit mistakes, etc.)
Examples
▪ Fashion / clothing industry (fast fashion organizations)
▪ Motor industry
▪ Power of supplier: -
▪ Threat of new entrants: Increased (smaller companies can now enter the market to sell environmentally
friendly products)
▪ Competition: Increased
Topic:
Common Sense Question
You can also join my Revision / Practice Classes starting 7 NOVEMBER 2022:
• Financial ratios & Projections • Professional / Corporate Code of Ethics & Public interest
• Funding Strategies (debt vs equity) • NEDs / Committees / Family Owned
• Budgets / MIS • Integrated Reporting / 6 Capital
• Project Management / PID • Social & Environmental Footprints
• Value Chain • Risk management and recoms
• E - Business / E - Marketing • Control weakness & recoms
• Big data / CRM • Audit Committee / Internal Audit
• IT / Cyber risks and security
Recap: Formats
1. Report
2. Section of a Report
3. Briefing paper / Briefing notes / Memo
4. Email
5. Presentation slides
6. Letter
7. Press release / Website release
8. Business case
9. Project Initiation Document (PID)
10. Weakness / recommendation (table)
11. Risk / mitigation factor (table)
3. COMMUNICATION: Proper format, keep in mind reader and your role, tone
4. COMMERCIAL ACUMEN: Don’t sound like an accountant (don’t mention cost firs)
▪ Your system check may show a red cross (internet speed or microphone or webcam)
▪ Copy Paste function from the MOUSE may not work sometime….use ‘CTRL C’ for copy and ‘CTRL
V’ for paste
▪ During exam the software can hang or some feature might not work for e.g. highlighter may not
work…..please press refresh and it will resume
▪ Software might automatically close 10/15 minutes before time. Pls apply for MITIGATION
CIRCUMSTANCES immediately after the exams if you feel you are disadvantaged.
▪ The actual CBE Exam Software is slightly different from the CBE Practice Platform used by us for
practice:
You can Download the details of differences from the below link:
https://www.accaglobal.com/content/dam/ACCA_Global/Students/prof/Practice-tests-func-
difference-1.pdf
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Think like a
Student CFO
Imagine that you are sharing your views with the
Examiner BOD
For Admissions / Inquiries: +92 324 922 1387
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You can also join my Revision / Practice Classes starting 7 NOVEMBER 2022:
Contact Details