Blog

ACCA AFM APV: discount the base case at the ungeared cost of equity, not WACC. Mix them and you double-count the debt tax shield — the fix, with a worked example.

ACCA SBR students throw away IAS 36 marks by impairing the wrong assets. Here's how to test a cash-generating unit and allocate the loss correctly.

ACCA PM relevant costing: a machine has four price tags, only one is relevant. Ignore sunk cost, use opportunity cost — the MJ25 examiner's fix.

ACCA AAA candidates pick adverse when a misstatement is material but not pervasive. It should be qualified. The examiner's rule, with a worked example.

ACCA AA audit risk: stating a scenario fact isn't identifying a risk. Name the account, the assertion, over or understated — the examiner's fix.

ACCA FR deferred tax made simple. Only the movement hits profit, revaluation tax goes to OCI — fix the IAS 12 mistakes costing you marks in 2026.