The Rules of ICAN’s Case Study
ICAN
Case Study is a game. For you to effectively play any game, you to have to
understand the rules.
The
markers use 20 boxes to mark your script. There are at least 4 points in each
box. If you only write a point in a box, you get 1 mark.
2
points- you get 2 marks
3
points- 4 marks
4/more
points- 5 marks (see page 16 of the ICAN Study Pack)
Out
of these 20 boxes, 8 relate to requirement one, 8 relate to requirement two and
4 general boxes.
The
general boxes have little to do with the requirement and account for 20 marks
out of the 100 in the exam. Therefore, an understanding of these four boxes
means that you have already scored close to 20 marks before even walking into
the exam hall.
BOX 1
This relates to your
appendix. Here is a sample:
|
ICAN Study Pack
|
ICAN Nov 2014
|
ICAN May 2015
|
|
•Tabulated and
mix of N and %s
• Revenue
trend overall and change
in revenue mix
• GP
calculation overall and by stream
•
Calculation of inventory days
|
•Tabulated and
mix of numbers
and
percentages
(%)
• P/L analysis
• Sufficient appropriate headings
• No unnecessary immaterial detail
• Shows Porter’s Generic Value Chain diagram
|
•Tabulated and
mix of numbers
and
percentages
(%)
• No unnecessary immaterial detail
•
Comparative SOFP
• P/L analysis
|
I assume you will score
the first point. The other ones in the Study pack model will be specifically
required in the exam. Note that a figure wasn’t stated to be the answer.
In the exam proper,
analyse the profit or loss account immediately you get in to quickly score a
mark. Refer to the Pathfinder for how to
do this. You can also quickly analyse the SOFP.
Do not pad your
appendix to get the “No unnecessary immaterial detail point”.
So, you already have at
least 4 marks.
To be continued...
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