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Professional level · Case Study

Case Study · May 2016

Every objective and theory question in this paper, and the topic notes to revise each one.

1 questions1 theory7 topics to revise
Source: ICAN Pathfinder, Professional Level Examination, Case Study, May 2016

May 2016 diet

0 objective and 1 theory
0 objective1 theory
No.SectionMarksCovers
Q-Case: the finance chief’s email and the SWOT requirement: The email pushes for bigger savings and mentions a personal...

Theory questions Written questions

•
Theory questionWritten paper

  • Case: the finance chief’s email and the SWOT requirement: The email pushes for bigger savings and mentions a personal bonus. The marking key rewards seeing weak governance, staff welfare and confidentiality issues.

  • Cases: Each case asks for one report to a named reader, with two requirements and appendices. Notice how every pack mixes emails, financial statements and industry data.

  • Keys: Each key rewards a relevant disclaimer for an external report, language suited to the board, tactful comments and acceptable spelling. Check your report against those four points.

  • Keys: appendix and report boxes: Both keys end with separate appendix, structure and style boxes. Compare their wording with the overall boxes in the sample key.

  • Lease or buy, and network expansion: Both ask for an appraisal that depends on stated cash flows and rates. Use only the data given and test the figure that drives the decision.

  • Requirement 1: SWOT of Project Sky-High: The requirement asks for a SWOT of three initiatives, alternatives and the risks of each. Select relevant points and rank them by materiality, as in this topic.

  • The finance chief’s targets and bonus: The key rewards doubting the accuracy of the figures and the over-ambitious targets. Test each target against the evidence.

The full wording of this question has not been added yet. This summary shows what it tests and where to revise it.

Revise this question

Reading a case and spotting issues: a method you can repeat on any case › A seven-step issue-spotting methodWhat the Case Study paper tests and how it differs from other papers › How the Case Study differs from your other papersLanguage, style and the disclaimer in a Case Study report › Language and styleReading a marking key: a worked example, box by box › A sample key, box by boxProject appraisal, flexing the numbers and sensitivity analysis › Appraisal in the Case StudyOperational and strategic analysis in the Case Study, including business trust and ethics › Answering like a management letterAccuracy, assumptions and professional scepticism in financial data analysis › Evaluating assumptions
Source: ICAN Pathfinder, Professional Level Examination, Case Study, May 2016
Source and reference. These questions come from the Institute of Chartered Accountants of Nigeria (ICAN) Pathfinder for the Professional Level Examination, Case Study, May 2016. When you use them, please cite the source, for example: ICAN Pathfinder, Professional Level Examination, Case Study, May 2016. Each question carries its own reference and a button to copy it.