1. SPL – Telematic session P65 – Test preparation
Feb 2017

2. General information This session has 2 purposes:-
Preparation for your individual tests
Specific guidance
Focus areas
Technical questions on the individual assignment
These slides will be loaded on the website for your reference.

4. US
Eight focus areas
Content in the handbook will make up 85% of the total marks of your test.
Video recordings were distributed to all participants – although it will assist in the preparation for the test, the additional information will not account for more than 15% of the test marks
Only some of the focus areas will be included in the test.
US focus areas

5. US focus areas
Learner guide P57 to 59 - The definitions of assets and liabilities with examples.
Learner guide Valuation of assets – six methods.
Learner guide P71 - The capital replacement reserve, focussing on how you determine how much should be transferred to the CRR, and the fact that it shopuld be cash backed.
Learner guide P62 - Capital versus operational expenditure. The video can assist greatly.

6. US focus areas
Learner guide P104 - Why do we need a cash flow statement? The layout of the cash flow statement. The three sources of cash – operating, investment, financing .
Learner guide P147 to Relevant information to assist in the process of financial analysis – CFO report, Auditors report, Economic indicators etc.
Learner guide P162 tp The users of financial statements. Credit rating agencies, banks, suppliers and employees should be focussed on.
Learner guide – All the ratios in the book with a specific focus on their purpose and calculation done in class.

7. Conclusion
If you open your handbook and the set of slides, it would be easy to synchronise.
Open book tests are difficult! You should cover the content before arriving in class. Make notes in the handbooks and highlight relevant sections.