ACCA Strategic Professional Essentials package

This ACCA Strategic Professional Essentials package allows you to begin the final stages of achieving your ACCA Complete qualification. The first module included is the ACCA SBL P1 Strategic Business Leader module is designed to develop your organisational leadership and consultancy capabilities. During this course, you'll learn more about strategic positioning, management reporting, and how to ensure success through innovative thinking. The second module included in this package is the ACCA Strategic Business Reporting ACCA SBR P2 module, which is designed to help you understand how to prepare corporate reports. During this course, you'll learn how to conduct ethical assessments of management's leadership, applying professional judgment to financial reporting, and how to communicate the impact of changes to accounting regulations on financial reporting. To complete the Strategic Professional level of the ACCA qualification, you will also need to choose two of the following optional modules:

• ACCA AFM P4 Advanced Financial Management
• ACCA APM P5 Advanced Performance Management
• ACCA AAA P7 Advanced Audit and Assurance

Course Content

ACCA Strategic Business Leader ACCA SBL P1 module

Section A Leadership

• Qualities of leadership
• Leadership and organisational culture
• Professionalism, ethical codes, and the public interest

Section B Governance

• Agency
• Stakeholder analysis and organisational social responsibility
• Governance scope and approaches
• Reporting to stakeholders
• The board of directors
• Public sector governance

Section C Strategy

• Concepts of strategy
• Environmental issues
• Competitive forces
• The internal resources, capabilities, and competencies of an organisation
• Strategic choices

Section D Risk

• Identification, assessment, and measurement of risk
• Managing, monitoring, and mitigating risk

Section E Technology and data analytics

• Cloud and mobile technology
• Big data and data analytics
• E-business: value chain
• IT systems security and control

Section F Organisational control and audit

• Management and internal control systems
• Audit and compliance
• Internal control and management reporting

Section G Finance in planning and decision-making

• Finance introduction
• Financial analysis and decision-making techniques
• Cost and management accounting

Section H Innovation, performance excellence, and change management

• Enabling success: organising
• Enabling success: disruptive technologies
• Enabling success: talent management
• Enabling success: performance excellence
• Managing strategic change
• Innovation and change management
• Leading and managing projects

Section I Professional skills

• Communication
• Commercial acumen
• Analysis
• Scepticism
• Evaluation

Section A Fundamental ethical and professional principles

• Professional and ethical behaviour in corporate reporting

Section B The financial reporting framework

• The applications, strengths, and weaknesses of the accounting framework

Section C Reporting the financial performance of a range of entities

• Revenue
• Non-current assets
• Financial instruments
• Leases
• Employee benefits
• Income taxes
• Provisions, contingencies, and events after the reporting date
• Share-based payment
• Fair Value Measurement
• Reporting requirements of small entities
• Other reporting issues

Section D Financial statements of groups of entities

• Group accounting including statements of cash flows
• Associates and joint arrangements
• Changes in group structures
• Foreign transactions and entities

Section E Interpret financial statements for different stakeholders

• Analysis and interpretation of financial information and measurement of performance

Section F The impact of changes and potential changes in accounting regulation

• Discussion of solutions to current issues in financial reporting

Section G Employability and technology skills

• Use computer technology to efficiently access and manipulate relevant information
• Work on relevant response options, using available functions and technology, as would be required in the workplace
• Navigate windows and computer screens to create and amend responses to exam requirements, using the appropriate tools
• Present data and information effectively, using the appropriate tools