In this blog, we will be discussing the recent updates and changes made to the ACCA syllabus. As a student or potential candidate, it’s important to stay informed about these changes and how they may affect your study plan.

We’ll be breaking down the changes made in both the compulsory professional subjects. Strategic Business Reporting (SBR) and Strategic Business Leader (SBL) exams from September 2023:

Strategic Business Reporting (SBR) Exam:

Changes in paper pattern:

Question 1 in the exam now requires you to use a pre-formatted spreadsheet response option. Two specimen question have been issued on ACCA Practice Platform to prepare for this.

This change will require students to now focus more on excel, however the good part is it is going to be majorly numerical making it a scoring question.

Changes in Syllabus:

New topics that are added:

1. Revenue, contract modifications and repurchase agreements
2. Financial Instruments, the business model test, the fair value option for measuring financial liabilities and financial liability modifications
3. Management commentary note under Interpretation of financial statement for different stakeholders.

Exluded embedded derivatives in financial instruments.

Strategic Business Leader (SBL) Exam:

Changes in paper pattern:

The exam is made more practical, from a 4hour paper to 3 hour paper now wherein 3 questions will be asked. 20 professional marks will still continued to be tested as earlier.

A pre-seen content will be made available 2 weeks ahead of the exam date. The pre-seen content will help student understand the activities of the fictitious organisation and the industry in which it operates, it will help in planning for better professional skills and support stronger exam performance.

Students may do some research to better understand the terminologies and activities of the industry and organisation. However, students do not need to do further research as all the relevant information will be contained either in the pre-seen material, or in the exam itself. The exam is based on a fictitious organisation and the tasks will relate to this organisation specifically and not to any general research that students may have undertaken independently

Syllabus Change:

For the September 2023 – June 2024 exam year, there have been no material changes to the syllabus for SBL, although the wording of some learning outcomes has been revised to provide clarity and we have also removed a few duplicated learning outcomes

This valuable information will help you to effectively prepare for your ACCA exams and ultimately achieve success. Stay ahead of the game and be in the know about the latest ACCA syllabus updates.

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