Exam World Meets Business World
Exam World Meets Business World is a podcast that helps students connect business and accounting studies with real-world news. The host explains current business stories in a way that is accessible to learners and shows how they link back to exam material. It grew out of a student newspaper created to make publications like the Financial Times and The Economist easier for students to understand and apply.
Episodes
Shamchester City - Audit Failure?
An Analysis of the Manchester City situation, looking at the accounting and audit aspects, in particular those relevant to professional exams including ACCA Audit * Assurance, and Advanced Audit & Assurance
ACCA AA - How to Pass
The conversation emphasizes the importance of technique in preparing for the ACCA audit and assurance exam. It highlights the significance of focusing on the big three topics to improve exam performance.TakeawaysTechnique is keyFocus on the big three topicsChapters00:00 Importance of Technique in the AA Exam Preparation
Exam World Meets FTX
In November 2022, a company many will not have heard of called FTX went bankrupt, despite having recently been valued at $32billion. Throw in the words crypto, fraud, tech geeks and the Bahamas ... and it starts to get people's interest up.
But this story is about some really important professional business exam areas, such as corporate governance, audit, accounting, risk management, internal cont
Exam World Meets Substantive procedures
A run through how to use good exam technique to help master the challenging audit area of substantive procedures, useful for all audit exams but especially the ACCA's AA paper.
Exam World meets Advanced Audit & Assurance (Part 2 - Final Part)
Following on from Part 1, in this episode I cover the other main core technique issues to pass ACCA's AAA exam, namely audit procedures questions, matters and evidence questions, ethical and professional issues questions and the other assignment (non-FS audit) questions. I also take a look at the best method to navigate the difficult (and often very large!) 50-mark Q1.
Essential listening for all
Exam World Review of the Financial Times
All around the world, business school professors tell their students to read the Financial Times, The Economist, and other such business publications, in order to gain a better understanding of the business world. Great advice ... except for two little problems.
The financial press does not write the news for students. As a result, it can often be hard to work out which stories are relevant to yo
Exam World meets ... Carillion
When Carillion collapsed in 2018 it was Britain's biggest ever corporate failure. In this episode we look at why any of this story matters to your exams, exploring areas including ethics, audit quality and risk.
Exam World meets Wirecard
In 2020, as Covid raged, a top 30 German listed company worth around $28bn called Wirecard suddenly went bust. It has now been concluded by most that half its revenues never happened. What happened? And what can students of accountancy or business learn from it to help progress their studies?
Listen as Paul Merison breaks down the reasons Wirecard failed, the clues that should have been spotted, a
Exam World Meets ... Internal Controls
How students should approach internal controls questions on their audit exams, especially the ACCA's AA paper.
Exam World Meets Advanced Audit & Assurance (Part 1)
A special episode aimed at those sitting audit exams, and specifically the ACCA's Advanced Audit & Assurance paper.
This exam has a terrible pass rate, so in this episode I go through the key exam technique and understanding needed for 3 highly examinable question areas - Risk (all 3 types), Audit reports, and Quality management.
ACCA AA Audit Exam - Audit Risk and Response
A concise run through what you need to know, and exam question answering technique, for audit students sitting audit risk questions. Especially relevant for ACCA AA exam.
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