Question 1 - Part a
In this 38-minute lesson, you'll learn how to structure and answer a ten-mark business risk evaluation question to secure full marks. This is a core skill for the SBL exam, where you need to identify, analyse and evaluate risks systematically using the information provided in case study exhibits.
This lesson is part of a paid course
Buy the course to unlock every video lesson and the AI Tutor, plus mock exams with feedback on CIMA courses.
Already bought? Sign in
Ask the AI tutor anything about this lesson
It knows every lesson in the course — explanations, clarifications, practice questions.
In this lesson
- 0:00 Introduction to Part A requirements
- 0:31 Setting up briefing notes format
- 2:16 Identifying business risks from exhibits
- 4:01 Analysing Malaco competitive pressures
- 7:09 Assessing Ladder acquisition risks
- 12:01 Evaluating Range Co reputational impact
- 17:58 Understanding store refurbishment programme
- 21:24 Writing evaluation of hammer brand risk
- 24:24 Explaining competitive industry pressures
- 27:37 Analysing bank loan and gearing risks
- 31:09 Evaluating Ladder acquisition evaluation
- 34:27 Assessing refurbishment programme risks
- 37:44 Checking answer completeness and quality
About this lesson
The video walks you through a complete worked example, showing you how to set up professional briefing notes and extract five distinct business risks from the exhibits. You'll see how to move beyond simply stating facts from the scenario—instead, you'll learn to evaluate each risk by explaining its implications for cash flows, profitability, revenues and the group's strategic objectives. The tutor demonstrates how to link information across multiple exhibits, use key financial metrics like gearing and interest cover to support your judgement, and show genuine business acumen in your answer. Throughout, you'll discover the importance of connecting risks to real consequences for the business. For example, you'll see how a reputational issue with the bank can threaten the entire group's brand value, or how a price war erodes both margins and liquidity. The lesson emphasises using professional language, showing your reasoning clearly, and ensuring every point you make demonstrates evaluation rather than description. By the end, you'll have a template approach to tackling similar business risk questions with confidence and consistency.
Duration: 39m
Transcript
Every lesson comes with a full searchable transcript - included with the course.
Get the Advanced Audit and Assurance course
All 177 video lessons, an AI Tutor in every lesson and lifetime access.
Already bought? Sign in