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Get insights, resources, the heads up on exam tips and more with the aCOWtancy blog.
ACCA SBL September 2026: The Mendelow Mistake That Made Task 2(b) the Worst-Answered in the Exam
SD25 SBL examiner: Task 2(b) Mendelow was the worst-answered in the exam. Unjustified power and interest scores zero. The 3-marks-per-group fix inside.
ACCA AFM September 2026: The 40.4 Contracts Mistake That Costs Marks in Every Currency Futures Hedge
AFM examiner: you cannot sell 40.4 futures contracts. Round to whole contracts, state buy/sell and month, get unexpired basis right. Worked example inside.
ACCA AA September 2026: Why "Assets Could Be Understated" Scores Zero on Audit Risk
SD25 AA examiner report: 'assets could be understated' earns no credit — name PPE. AA passed 47% in June 2026. The audit risk fix, with a worked example.
ACCA FR September 2026: The Convertible Loan Note Journal Most Candidates Get Wrong
MJ25 FR examiner report: candidates split convertible loan notes correctly, then botch the correcting journal and gearing. The fix, with a worked example.
ACCA APM September 2026: The ROCE Mistake Costing Candidates Easy Marks
APM candidates lose easy marks on ROCE — net assets instead of capital employed, year-end instead of opening. The Sep/Dec 2025 examiner report explains.
ACCA SBR September 2026: Question 3 Is the Worst-Answered Question in the Paper — Here's Why
SBR passed 47% in June 2026, the lowest since Dec 2022. The SD25 examiner: question 3 is the worst-answered in the paper. Why, and how to fix it.