ACCA Strategic Business Leader (SBL) Exam 2025 –
Complete Study Guide, Mock Tests & Expert Tips
Prepare effectively for the ACCA Strategic Business Leader (SBL) Exam 2025 with our
complete study guide. Access updated notes, case study insights, examiner-style questions,
mock exams, and expert strategy tips to help you master leadership, governance, and
strategic management for top ACCA results.
What model should we use to manage our risks?
TARA
What model do you use to analyse the CONTEXT as to how the change should be managed?
Kaleidoscope
What are the types of board structure?
Unity or Two tier
What is Sarbanes-Oxley?
The annual report of stock market companies must include a statement on internal control
that includes an assessment of the effectiveness of the internal control system and procedures
for financial reporting.
What does SOAPSPAM stand for?
Segregation of duties, organisation, authorisation, physical controls, supervision, personnel,
arithmetical/accounting, management
,What are the core roles of internal audit? (SCREAM)
Safeguard assets, compliance with laws and regulations, reduced costs, effectiveness of
internal controls, accounting records are kept in an orderly fashion, management of risk
strategies.
What are the basic strategies for managing risk that a company can undertake? TARA
Transference, avoidance, reduction, accept.
What does the UK corporate governance code require in terms of board committees?
Remuneration committee (100% NEDS), nominations committee (Majority NEDS), audit
committee (100% NEDS). RISK COMMITTEE IS OPTIONAL
What is the role of risk managers?
-Providing overall leadership, vision and direction
-Developing and promoting RM competences, systems, culture, procedures protocols and
patterns of behaviour
-Reporting on the above to management and risk committee
-Ensuring compliance with relevant codes, regulations, statutes
What is the benefit of using an external audit to assess risk rather than someone internal?
Independent, greater expertise, cheaper, fresh eyes/perspective, increased confidence with
shareholders, easier to budget.
What does the UK Turnbull report cover?
Review of internal control including financial, operational and compliance controls, risk
management.
What are the six main influences in the PESTEL framework?
,Political, economic, social, technological, environmental, legal
What is strategic drift?
Strategic drift is where strategies progressively fail to address the strategic position of the
organisation and performance consequently deteriorates.
What is suitability in SAF?
Suitability is concerned with whether a strategy addresses the issues identified when
considering the strategic position of the company.
What is acceptability in SAF?
Acceptability is concerned with the expected performance of a strategy in terms of return, risk
and stakeholder reactions. - use numbers
What is feasibility in SAF?
Feasibility is about whether an organisation has the resources and competencies to deliver the
strategy. It appears that Swift does, as funds are in place and the competences are what are
partly driving the acquisition.
What are the three basic groups of stakeholders?
Internal, Connected and external
What are the four boxes for mendelow's matrix?
A - Involve
B - Consider impact of actions/ satisfy
C - Consult / Inform
D - Ignore
, What are the mandatory disclosures for governance?
statement of comprehensive income (profit and loss account), statement of financial position
(balance sheet), statement of cash flows, statement of changes in equity, operating segmental
information, auditors report, corporate governance disclosures such as remuneration report
and some items in the directors' report
What is the role of the risk management committee?
-Identify and assess risks regularly (business and strategic) and provide info to the board of
directors and executive management
-formulate risk management policies, for submitting mission to the board of directors for
approval
-Communicate with executive management, to ensure that risks are taken into consideration
in decision-making
What are options for long term finance?
-Equity finance
-Debt finance
-Venture capital
What are the options for short term finance?
-Overdraft
-Short term loan
-Trade credit
-Short term lease finance
What is a risk of operating overseas?
Foreign exchange risk
What general risks can you talk about for a business?
Operational risk, strategic risk, foreign exchange risk, competition risk, market risk.
Complete Study Guide, Mock Tests & Expert Tips
Prepare effectively for the ACCA Strategic Business Leader (SBL) Exam 2025 with our
complete study guide. Access updated notes, case study insights, examiner-style questions,
mock exams, and expert strategy tips to help you master leadership, governance, and
strategic management for top ACCA results.
What model should we use to manage our risks?
TARA
What model do you use to analyse the CONTEXT as to how the change should be managed?
Kaleidoscope
What are the types of board structure?
Unity or Two tier
What is Sarbanes-Oxley?
The annual report of stock market companies must include a statement on internal control
that includes an assessment of the effectiveness of the internal control system and procedures
for financial reporting.
What does SOAPSPAM stand for?
Segregation of duties, organisation, authorisation, physical controls, supervision, personnel,
arithmetical/accounting, management
,What are the core roles of internal audit? (SCREAM)
Safeguard assets, compliance with laws and regulations, reduced costs, effectiveness of
internal controls, accounting records are kept in an orderly fashion, management of risk
strategies.
What are the basic strategies for managing risk that a company can undertake? TARA
Transference, avoidance, reduction, accept.
What does the UK corporate governance code require in terms of board committees?
Remuneration committee (100% NEDS), nominations committee (Majority NEDS), audit
committee (100% NEDS). RISK COMMITTEE IS OPTIONAL
What is the role of risk managers?
-Providing overall leadership, vision and direction
-Developing and promoting RM competences, systems, culture, procedures protocols and
patterns of behaviour
-Reporting on the above to management and risk committee
-Ensuring compliance with relevant codes, regulations, statutes
What is the benefit of using an external audit to assess risk rather than someone internal?
Independent, greater expertise, cheaper, fresh eyes/perspective, increased confidence with
shareholders, easier to budget.
What does the UK Turnbull report cover?
Review of internal control including financial, operational and compliance controls, risk
management.
What are the six main influences in the PESTEL framework?
,Political, economic, social, technological, environmental, legal
What is strategic drift?
Strategic drift is where strategies progressively fail to address the strategic position of the
organisation and performance consequently deteriorates.
What is suitability in SAF?
Suitability is concerned with whether a strategy addresses the issues identified when
considering the strategic position of the company.
What is acceptability in SAF?
Acceptability is concerned with the expected performance of a strategy in terms of return, risk
and stakeholder reactions. - use numbers
What is feasibility in SAF?
Feasibility is about whether an organisation has the resources and competencies to deliver the
strategy. It appears that Swift does, as funds are in place and the competences are what are
partly driving the acquisition.
What are the three basic groups of stakeholders?
Internal, Connected and external
What are the four boxes for mendelow's matrix?
A - Involve
B - Consider impact of actions/ satisfy
C - Consult / Inform
D - Ignore
, What are the mandatory disclosures for governance?
statement of comprehensive income (profit and loss account), statement of financial position
(balance sheet), statement of cash flows, statement of changes in equity, operating segmental
information, auditors report, corporate governance disclosures such as remuneration report
and some items in the directors' report
What is the role of the risk management committee?
-Identify and assess risks regularly (business and strategic) and provide info to the board of
directors and executive management
-formulate risk management policies, for submitting mission to the board of directors for
approval
-Communicate with executive management, to ensure that risks are taken into consideration
in decision-making
What are options for long term finance?
-Equity finance
-Debt finance
-Venture capital
What are the options for short term finance?
-Overdraft
-Short term loan
-Trade credit
-Short term lease finance
What is a risk of operating overseas?
Foreign exchange risk
What general risks can you talk about for a business?
Operational risk, strategic risk, foreign exchange risk, competition risk, market risk.
