Paradigm Shift - Paradigm Shift Financial Training (Page 2)

Business Planning: Banking

How to Pass the ACA Business Planning: Banking Module: Prudential and Conduct Regulation Including Reporting Requirements for Banks

The Regulatory Framework for UK Banks * Regulation aims to prevent excessive risk-taking and systemic bank failures. * PRA and FCA collaborate globally on prudential standards. Group of Twenty * G20 focuses on global economic stability and financial regulation. * Prudential regulation has been a priority since 2008. Financial Stability Board * Promotes international financial

Mind Management

Why the Right Mindset is Everything

When preparing for the ACA exams, it’s important to understand that success isn’t just about intellectual ability. Chartered Accountancy challenges not only your knowledge but also your mental resilience. Mastering the right mindset is not an optional extra—it's essential. Your mind acts as the command

Management Information

How to Pass the ACA Management Information Module: Mastering Standard Costing and Variance Analysis

Understanding standard costing and variance analysis is crucial for the ACA Management Information module. This overview will help you grasp these essential concepts and apply them effectively to succeed in your studies. Standard Costing and Standard Costs Standard Costing Definition * Standard costing is a control technique comparing actual costs to

Principles of Taxation

How to Pass the ACA Principles of Taxation Module: Understanding Employment Income

Mastering the intricacies of employment income is crucial for success in the ACA Principles of Taxation module. This guide will help you navigate the essential topics, including how to calculate assessable employment income, identify taxable and exempt benefits, and understand the PAYE system. Employment Income Calculation What is Employment Income?

Financial Accounting and Reporting

How to Pass the Financial Accounting and Reporting Module: Mastering Intangible Assets

Introduction Understanding the accounting treatment for intangible assets is essential for success in the Financial Accounting and Reporting module. This guide delves into the key concepts and standards outlined in IAS 38, providing clarity on recognition, measurement, and disclosure requirements. Whether tackling exams or real-world applications, having a solid grasp

Assurance

How to Pass the ACA Assurance Certificate Level Module: Mastering Internal Control and Information Flows

Understanding internal controls and information flows is crucial for any aspiring accountant looking to pass the ACA Assurance Certificate Level paper. This foundational knowledge not only prepares you for exam success but also equips you with real-world skills essential for your future career. In this post, we break down key

Business, Technology and Finance

How to Pass the ACA Business, Technology and Finance Certificate Level Module: Understanding Business Strategy

Business strategy is a core element in the ACA Business, Technology and Finance module, laying the foundation for understanding how organisations plan and achieve their long-term goals. This guide will break down essential concepts, strategic planning processes, and practical tips to help you excel in your exam. What is Business

Business Planning: Banking

How to Pass the ACA Business Planning: Banking Module: Mastering Risk Management

Risk management is a fundamental topic in the ACA Business Planning: Banking module. Below, you'll find essential points to help you understand and excel in this key area. The Nature of Risk Definition * Risk refers to exposure to harm, loss, or danger. In banking, this includes risks like

Case Study

November 2023 Case Study exam: a quick review

Our summary of the most important learning points from the November 2023 past paper to help with the question of how to pass the ACA Case Study exam.

Law

How to Pass the ACA Law Certificate Level Module: Mastering Insolvency Law for Your ACA Exam Success

Understanding insolvency law is essential for anyone preparing for their ACA exams. This field involves navigating complex processes that ensure businesses and individuals manage debt effectively. In this post, we will break down key aspects of insolvency law to help you solidify your knowledge and succeed in your exams. 1.

Assurance

How to Pass the ACA Assurance Certificate Level Module: Mastering Substantive Procedures

Understanding substantive procedures for key financial statement figures is a vital skill for any aspiring accountant preparing for the ACA Assurance Certificate Level paper. This topic not only plays a major role in exam success but also prepares you for practical audit work. In this guide, we break down the

Business Planning: Banking

Business Planning: Banking 2023 Examiner Tips

Listening carefully to the examiners provides some of the best possible advice on how to pass the ACA Business Planning: Banking paper. Here you can read our summary of the most important points passed on to tutors at the 2023 Tutor Conference.