answering challenge questions - ACCA Global

1answering challenge questions [SECTION TITLE] answering challenge questions2 3answering challenge questionsCONTENTS contentsPractical exPerience requirements (Per) 4challenge questions 5samPle answers01 Demonstrate the application of professional ethics, values and judgement 603 Raise awareness of non-financial risk 704 Manage self 805 Communicate effectively 1008 Improve departmental performance 1210 Prepare financial statements for external purposes 1313 Contribute to budget planning and production 1415 Evaluate potential business/investment opportunities and the required finance options 1517 Prepare for and collect evidence for audit 1619 Evaluate and compute taxes payable 174 practical experience requirements (per)essentials Performance objectives comPlete all nineProfessionalism, ethics and governance1 Demonstrate the application of professional ethics, values and judgement2 Contribute to the effective governance of an organisation3 Raise awareness of non-financial riskPersonal effectiveness4 Manage self5 Communicate effectively6 Use information and communications technologybusiness management7 Manage ongoing activities in your area of responsibility8 Improve departmental performance9 Manage an assignmentThe online trainee development matrix (TDM) includes detailed information on

answering challenge 3 questions CONTENTS contents Practical exPerience requirements (Per) 4 challenge questions 5 samPle answers 01 Demonstrate the application of professional ethics, values and judgement 6 03 Raise awareness of non-financial risk 7 04 Manage self 8 05 Communicate effectively 10 08 Improve departmental performance 12 10 Prepare financial statements for external purposes 13

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