Operations Management Financial Accounting

Tom Gandeborn 2 nd Year International Management Student 74% In Group Presentation 81% in Exam

Section A: Answer all 20 Questions Section B: Answer 2 of 4 Questions

Condense the lecture slides Post-it note method! Look at past-papers Learn the key models! Learn the definitions! Revisit case studies!

Start Revising Early The Exams tend to be quite condensed Be Comprehensive in Revision All topics tend to turn up Look at Past Papers Most questions were repeated in a similar form to previous years

Joshua Farmer 2 nd Year Management Student 75% of Financial Accounting Exam

Section A: Approximately 80% - 2 Compulsory Questions Question 1 (50%) – Preparing Financial Statements Form Trial Balance and Any Standard Adjustments Question 2 (30%) – Either Ratio Analysis or Cash Flow Section B: Approximately 20% - Answer 1 of 2 Questions Essay Style Question Topics from: Ratio Analysis, Cash Flow, Four Main Accounting Statements, Theories, etc.

Make an equation sheet before and memorize it!!! Do as many practice questions as you possibly can You will be short for time in the exam, the more you practice the easier it will become Re-go over all of your seminar questions and past papers without looking at the answers

Financial Accounting is a process, if you repeat it enough it will become easier Do not underestimate the EQL software – it was probably one of my number one aids to revising Don’t panic in the exam, you are expected to do a lot in a short amount of time, but just getting things like the formatting correct gives you lots of marks Allocate your time based on the percentage the question is worth as a rough guide