The Secrets to Passing ICAN PE1 Exams (Part 3)
Tackling Management Accounting (MA) Management Accounting was perhaps my most dreaded course in my PE 1 days. Even after the results were released and I passed, I was still scared!!! Ok back to you and your MA at the PE1 level, the simple technique which I discovered after the exams was that, MA has standards! There are selected topics in the syllabus that are recurrent year in, year out. You must identify these topics and master them. Some of them are; Capital Budgeting, Standard Costing, Cost Estimation Techniques, etc. You must practice them again and again. When you finally master them, no matter how they twist the questions you will definitely find a way around it. Passing Advance Audit and Assurance (AAA) Somehow I’m tempted to say there are no standard ways of passing AAA, but deep down there are! I’ve seen ‘scholars’ write this particular course repeatedly for up to three (3) times! The way I’ve come to understand it is t...
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