ACCA Applied Skills formula sheets and revision notes
One printable page per chapter: the formulas, rules and quick-revision points to know, the mistakes that cost marks and exam tips. Built from our fact-checked study guide. Free, no sign-up.
Corporate and Business Law (Global)
- Business, political and legal systemsFormula sheet
- International trade, international legal regulation and conflict of lawsFormula sheet
- Alternative dispute resolution mechanismsFormula sheet
- Introduction to the UN Convention on Contracts for the International Sale of Goods and ICC IncotermsFormula sheet
- Obligations of the seller and buyer, and provisions common to bothFormula sheet
- Transportation documents and means of paymentFormula sheet
- Agency lawFormula sheet
- PartnershipsFormula sheet
- Corporations and legal personalityFormula sheet
- The formation and constitution of a companyFormula sheet
- Share capitalFormula sheet
- Loan capitalFormula sheet
- Capital maintenance and dividend lawFormula sheet
- Company directorsFormula sheet
- Other company officersFormula sheet
- Company meetings and resolutionsFormula sheet
- Insolvency and administrationFormula sheet
- Fraudulent and criminal behaviourFormula sheet
Performance Management
- Management information systemsFormula sheet
- Uses and control of informationFormula sheet
- Big data and data analyticsFormula sheet
- Activity-based costingFormula sheet
- Target costingFormula sheet
- Life-cycle costingFormula sheet
- Throughput accountingFormula sheet
- Accounting for environmental and sustainability factorsFormula sheet
- Relevant cost analysisFormula sheet
- Cost-volume-profit analysis (CVP)Formula sheet
- Limiting factorsFormula sheet
- Pricing decisionsFormula sheet
- Make-or-buy and other short-term decisionsFormula sheet
- Dealing with risk and uncertainty in decision-makingFormula sheet
- Budgetary systems and types of budgetFormula sheet
- Analytical techniques in budgeting and forecastingFormula sheet
- Standard costingFormula sheet
- Material mix and yield variancesFormula sheet
- Sales mix and quantity variancesFormula sheet
- Planning and operational variancesFormula sheet
- Performance analysisFormula sheet
- Performance analysis in private sector, public sector and not-for-profit organisationsFormula sheet
- Divisional performance and transfer pricingFormula sheet
- Specific performance analysis issues in not-for-profit organisations and the public sectorFormula sheet
Taxation (UK)
- The overall function and purpose of taxation in a modern economyFormula sheet
- Principal sources of revenue law and practiceFormula sheet
- The systems for self-assessment and the making of returnsFormula sheet
- The time limits for the submission of information, claims and payment of tax, including payments on accountFormula sheet
- The procedures relating to compliance checks, appeals and disputesFormula sheet
- Penalties for non-complianceFormula sheet
- The scope of income taxFormula sheet
- Income from employmentFormula sheet
- Income from self-employmentFormula sheet
- Property and investment incomeFormula sheet
- The comprehensive computation of taxable income and income tax liabilityFormula sheet
- National insurance contributions for employed and self-employed personsFormula sheet
- The use of exemptions and reliefs in deferring and minimising income tax liabilitiesFormula sheet
- The scope of the taxation of capital gainsFormula sheet
- The basic principles of computing gains and lossesFormula sheet
- Gains and losses on the disposal of movable and immovable propertyFormula sheet
- Gains and losses on the disposal of shares and securitiesFormula sheet
- The computation of capital gains taxFormula sheet
- The basic principles of computing transfers of valueFormula sheet
- The liabilities arising on chargeable lifetime transfers and on the death of an individualFormula sheet
- The use of exemptions in deferring and minimising inheritance tax liabilitiesFormula sheet
- Payment of inheritance taxFormula sheet
- The scope of corporation taxFormula sheet
- Taxable total profitsFormula sheet
- Chargeable gains for companiesFormula sheet
- The comprehensive computation of corporation tax liabilityFormula sheet
- The effect of a group corporate structure for corporation tax purposesFormula sheet
- The use of exemptions and reliefs in deferring and minimising corporation tax liabilitiesFormula sheet
- The VAT registration requirementsFormula sheet
- The computation of VAT liabilitiesFormula sheet
- The effect of special schemesFormula sheet
Financial Reporting
- The need for a conceptual framework and the characteristics of useful informationFormula sheet
- Recognition and measurementFormula sheet
- Regulatory frameworkFormula sheet
- The concepts and principles of groups and consolidated financial statementsFormula sheet
- Tangible non-current assetsFormula sheet
- Intangible assetsFormula sheet
- Impairment of assetsFormula sheet
- Inventories and agricultureFormula sheet
- Financial instrumentsFormula sheet
- LeasingFormula sheet
- Provisions and events after the reporting periodFormula sheet
- TaxationFormula sheet
- RevenueFormula sheet
- Government grantsFormula sheet
- Foreign currency transactionsFormula sheet
- Limitations of financial statementsFormula sheet
- Calculation and interpretation of accounting ratios and trends to address users' and stakeholders' needsFormula sheet
- Limitations of interpretation techniquesFormula sheet
- Not-for-profit and public sector entitiesFormula sheet
- Preparation of single entity financial statementsFormula sheet
- Preparation of consolidated financial statements for a simple groupFormula sheet
Audit and Assurance
- The concept of audit and other assurance engagementsFormula sheet
- External auditsFormula sheet
- Corporate governanceFormula sheet
- Professional ethics and ACCA's Code of Ethics and ConductFormula sheet
- Obtaining, accepting and continuing audit engagementsFormula sheet
- Objective and general principlesFormula sheet
- Assessing audit risksFormula sheet
- Understanding the entity and its environment and the applicable financial reporting frameworkFormula sheet
- Fraud, laws and regulationsFormula sheet
- Audit planning and documentationFormula sheet
- Systems of internal controlFormula sheet
- The use and evaluation of systems of internal control by auditorsFormula sheet
- Tests of controlsFormula sheet
- Communication on internal controlFormula sheet
- Internal audit and governance and the differences between external audit and internal auditFormula sheet
- The scope of the internal audit function, outsourcing and internal audit assignmentsFormula sheet
- Assertions and audit evidenceFormula sheet
- Audit proceduresFormula sheet
- Audit sampling and other means of testingFormula sheet
- The audit of specific itemsFormula sheet
- Automated tools and techniquesFormula sheet
- The work of othersFormula sheet
- Not-for-profit organisationsFormula sheet
- Subsequent eventsFormula sheet
- Written representationsFormula sheet
- The Independent Auditor's ReportFormula sheet
Financial Management
- The nature and purpose of financial managementFormula sheet
- Financial objectives and relationship with corporate strategyFormula sheet
- Stakeholders and impact on corporate objectivesFormula sheet
- Financial and other objectives in not-for-profit organisationsFormula sheet
- The economic environment for businessFormula sheet
- The nature and role of financial markets and institutionsFormula sheet
- The nature and role of money marketsFormula sheet
- The nature, elements and importance of working capitalFormula sheet
- Management of inventories, accounts receivable, accounts payable and cashFormula sheet
- Determining working capital needs and funding strategiesFormula sheet
- Investment appraisal techniquesFormula sheet
- Allowing for inflation and taxation in DCFFormula sheet
- Adjusting for risk and uncertainty in investment appraisalFormula sheet
- Specific investment decisions (lease or buy, asset replacement, capital rationing)Formula sheet
- Sources of, and raising, business financeFormula sheet
- Estimating the cost of capitalFormula sheet
- Sources of finance and their relative costsFormula sheet
- Capital structure theories and practical considerationsFormula sheet
- Finance for small- and medium-sized entities (SMEs)Formula sheet
- Nature and purpose of the valuation of business and financial assetsFormula sheet
- Models for the valuation of sharesFormula sheet
- The valuation of debt and other financial assetsFormula sheet
- Efficient market hypothesis (EMH) and practical considerations in the valuation of sharesFormula sheet
- The nature and types of risk and approaches to risk managementFormula sheet
- Causes of exchange rate differences and interest rate fluctuationsFormula sheet
- Hedging techniques for foreign currency riskFormula sheet
- Hedging techniques for interest rate riskFormula sheet