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 ACCA V7, Global Body for Professional Accountants

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Khor SC
post Feb 17 2012, 09:40 AM

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QUOTE(M90 @ Feb 15 2012, 09:13 PM)
Guys, i failed P1 and P2 :'(
I have no idea why I failed P1 because when I got that paper and I thought it was way easier than P3. But I only got 45 marks for it. I'm so upset.

How to study P1 and P2? I need advice from you guys. Thanks.
*
P1-How to pass?
A few steps you need to take note.

1.Your answer must be analytical in nature. It means you need to write many impacts/implications of each issue discussed.

2.To write your answer scripts, firstly, you quote (1-2 sentences only) what happen in the case study, then secondly,write the CG principles/rules, then thirdly write the implications. Each issue must be written in just small paragraph. If the allocation of marks for each paragraph is 2 marks, the expected sentences could be 4 sentence (rule of thumb).

3. The allocation of marks is important too. You need to know how to allocate marks according to the "verb" instruction used by Prof.David Campbell. Level 1 & 2 verb = 1 mark, 1 point. Level 3 verb= 1 point, 2 marks.

4. You must able to distinguish the expectation of verb used such as Critically..... and critic, describe and explain. Each verb, the expectation of answer is different.

5. The pattern of Prof David Campbell questions are predictable. Always has 2 parts- the first part is always theory with level 1 or 2 verb and part 2 is application with level 3 verb. You need to spend more time on second part of question.

6. Each case study, the examiner has included many clue words- try to spot "negative implication words" such as None, Not, ignore, warning, against.....or any quotation provided by examiner such as "xxxxxx"

7. Concerning how to study, I teach you and the rest of students who fail the paper, firstly look at the pattern of the questions (could be PYQ or Revision Kit questions) to get a feel. Then, read the CG principles (UK CG code 2010 or Combined Code & SOA rules). Each topic, you have a self reflection, what are the features, advantages, disadvantages & reasoning.

With the above small advice and guide, hope you can pass in next sitting

Khor sc
P1 & P3 Lecturer at TAR College Penang


Added on February 17, 2012, 9:43 am
QUOTE(keeting89 @ Feb 16 2012, 07:05 PM)
Hi everyone. I just got my p1 failed.
Just wanted some opinions in choosing between (p1, p2, and p3) or (p1, p6, and p7)

* i had passed my F6 and F8 and i think i do have the knowledge from both papers. And since im graduated from degree which with no ideas at all in those F papers except F6 and F8. So i think choosing P6 and P7 give lil bit advantage for me at least.

So, which sounds better for P1 to be squeezing into. (enrolled P2 and P3 this semester)

Thanks
*
You are advised to go for core papers first, then leave option papers later. The sequence has the purpose for it.

This post has been edited by Khor SC: Feb 17 2012, 09:43 AM
caillech
post Feb 17 2012, 11:58 AM

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QUOTE(Khor SC @ Feb 17 2012, 09:40 AM)
P1-How to pass?
A few steps you need to take note.

1.Your answer must be analytical in nature. It means you need to write many impacts/implications of each issue discussed.

2.To write your answer scripts, firstly, you quote (1-2 sentences only) what happen in the case study, then secondly,write the CG principles/rules, then thirdly write the implications. Each issue must be written in just small paragraph. If the allocation of marks for each paragraph is 2 marks, the expected sentences could be 4 sentence (rule of thumb).

3. The allocation of marks is important too. You need to know how to allocate marks according to the "verb" instruction used by Prof.David Campbell. Level 1 & 2 verb = 1 mark, 1 point. Level 3 verb= 1 point, 2 marks.

4. You must able to distinguish the expectation of verb used such as Critically..... and critic, describe and explain. Each verb, the expectation of answer is different.

5. The pattern of Prof David Campbell questions are predictable. Always has 2 parts- the first part is always theory with level 1 or 2 verb and part 2 is application with level 3 verb. You need to spend more time on second part of question.

6. Each case study, the examiner has included many clue words- try to spot "negative implication words" such as None, Not, ignore, warning, against.....or any quotation provided by examiner such as "xxxxxx"

7. Concerning how to study, I teach you and the rest of students who fail the paper, firstly look at the pattern of the questions (could be PYQ or Revision Kit questions) to get a feel. Then, read the CG principles (UK CG code 2010 or Combined Code & SOA rules). Each topic, you have a self reflection, what are the features, advantages, disadvantages & reasoning.

With the above small advice and guide, hope you can pass in next sitting

Khor sc
P1 & P3 Lecturer at TAR College Penang
*
oh got lecturer in tis thread rclxms.gif

give some steps for P3 pls notworthy.gif
ks_fruits
post Feb 17 2012, 12:59 PM

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cool .. that p1 steps ... i will follow it and get rid for my P1 ... i dun want to see it anymore...

how about p3???
rice
post Feb 17 2012, 01:36 PM

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Anyone needs bpp text and practice kit for p4 for 2012 exam? You may contact me... It be very very cheap
Doreamon10
post Feb 17 2012, 02:16 PM

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QUOTE(Khor SC @ Feb 17 2012, 10:40 AM)
P1-How to pass?
A few steps you need to take note.

1.Your answer must be analytical in nature. It means you need to write many impacts/implications of each issue discussed.

2.To write your answer scripts, firstly, you quote (1-2 sentences only) what happen in the case study, then secondly,write the CG principles/rules, then thirdly write the implications. Each issue must be written in just small paragraph. If the allocation of marks for each paragraph is 2 marks, the expected sentences could be 4 sentence (rule of thumb).

3. The allocation of marks is important too. You need to know how to allocate marks according to the "verb" instruction used by Prof.David Campbell. Level 1 & 2 verb = 1 mark, 1 point. Level 3 verb= 1 point, 2 marks.

4. You must able to distinguish the expectation of verb used such as Critically..... and critic, describe and explain. Each verb, the expectation of answer is different.

5. The pattern of Prof David Campbell questions are predictable. Always has 2 parts- the first part is always theory with level 1 or 2 verb and part 2 is application with level 3 verb. You need to spend more time on second part of question.

6. Each case study, the examiner has included many clue words- try to spot "negative implication words" such as None, Not, ignore, warning, against.....or any quotation provided by examiner such as "xxxxxx"

7. Concerning how to study, I teach you and the rest of students who fail the paper, firstly look at the pattern of the questions (could be PYQ or Revision Kit questions) to get a feel. Then, read the CG principles (UK CG code 2010 or Combined Code & SOA rules). Each topic, you have a self reflection, what are the features, advantages, disadvantages & reasoning.

With the above small advice and guide, hope you can pass in next sitting

Khor sc
P1 & P3 Lecturer at TAR College Penang

Wow! U should have come in here before the exam last year. Just joking...

This post has been edited by Doreamon10: Feb 17 2012, 02:28 PM
+h0m@s..
post Feb 17 2012, 03:57 PM

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can i know what are the good lecturers for P7 beside Shelia?
Neptern
post Feb 17 2012, 04:05 PM

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QUOTE(hurly @ Feb 17 2012, 09:18 AM)
December 2011 session ACCA Qualification pass rates were:

Paper F1, Accountant in Business, 63%*

Paper F2, Management Accounting, 53%*

Paper F3, Financial Accounting, 54%*

Paper F4, Corporate and Business Law, 49%

Paper F5, Performance Management, 38%

Paper F6, Taxation, 48%

Paper F7, Financial Reporting, 56%

Paper F8, Audit and Assurance, 36%

Paper F9, Financial Management, 38%

Paper P1, Governance, Risk and Ethics, 51%

Paper P2, Corporate Reporting, 48%

Paper P3, Business Analysis, 51%

Paper P4, Advanced Financial Management, 34%

Paper P5, Advanced Performance Management, 29%

Paper P6, Advanced Taxation, 39%

Paper P7, Advanced Audit and Assurance, 31%

source: http://www.accaglobal.com/en/discover/news...ts-dec2011.html
*
The passing rates for the optional papers sure look very depressing.I'm surprised people say the 'easier' paper p5 only 29% passing rate.
tzxsean
post Feb 17 2012, 04:20 PM

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QUOTE(Neptern @ Feb 17 2012, 04:05 PM)
The passing rates for the optional papers sure look very depressing.I'm surprised people say the 'easier' paper p5 only 29% passing rate.
*
have you read the p5 questions for dec 2011?

do u think it's hard?

performance pyramid...ratio analysis and performance /reward evaluation

and risks and uncertainty

p/s: i thought it's ok..not difficult at all ..but my mark was way below my expectation

the same goes to my p7... doable...but i failed..

This post has been edited by tzxsean: Feb 17 2012, 04:37 PM
kitkit88
post Feb 17 2012, 04:26 PM

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hie all, i would like to know is acca still holding convocations for pass graduates in KL or Penang?
Neptern
post Feb 17 2012, 05:11 PM

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QUOTE(tzxsean @ Feb 17 2012, 04:20 PM)
have you read the p5 questions for dec 2011?

do u think it's hard?

performance pyramid...ratio analysis and performance /reward evaluation

and risks and uncertainty

p/s: i thought it's ok..not difficult at all ..but my mark was way below my expectation

the same goes to my p7... doable...but i failed..
*
Guess we would be on the same boat this round for p7.dont feel like reading p5 biggrin.gif
nothingz
post Feb 17 2012, 06:49 PM

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QUOTE(Neptern @ Feb 17 2012, 04:05 PM)
The passing rates for the optional papers sure look very depressing.I'm surprised people say the 'easier' paper p5 only 29% passing rate.
*
hahaha, are you referring to me?

as txsean said, the questions for P5 were quite predictable since there are not much models to test you. the issue is how you tackle the question, if you prefer calculation rather than theory then of course not likely that you can do so in final papers
tzxsean
post Feb 17 2012, 10:51 PM

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QUOTE(Neptern @ Feb 17 2012, 05:11 PM)
Guess we would be on the same boat this round for p7.dont feel like reading p5 biggrin.gif
*
anyway...i've dropped p7 and jumped ship to p6 rclxub.gif
Neptern
post Feb 17 2012, 10:52 PM

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QUOTE(nothingz @ Feb 17 2012, 06:49 PM)
hahaha, are you referring to me?

as txsean said, the questions for P5 were quite predictable since there are not much models to test you. the issue is how you tackle the question, if you prefer calculation rather than theory then of course not likely that you can do so in final papers
*
Used to prefer calculation but acca changed me to prefer theory.Too bad p4 still got quite a lot of calculation smile.gif
noonies_naruto
post Feb 17 2012, 11:27 PM

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QUOTE(tzxsean @ Feb 17 2012, 11:51 PM)
anyway...i've dropped p7 and jumped ship to p6  rclxub.gif
*
aiyoo whyy? I could never do that.. P6 is crazyy.. way too many things to brain than P7 rclxub.gif
tzxsean
post Feb 17 2012, 11:50 PM

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QUOTE(noonies_naruto @ Feb 17 2012, 11:27 PM)
aiyoo whyy? I could never do that.. P6 is crazyy.. way too many things to brain than P7  rclxub.gif
*
p5 p7 are easy to study

but when comes to exam

u think u will what they want...u noe what u write

but turns out u duno what they really want

This post has been edited by tzxsean: Feb 17 2012, 11:51 PM
M90
post Feb 18 2012, 12:21 AM

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Thank you for all the replies. I will definitely work harder this time! So, now i left 4 P papers, which are P1, P2, P5 and P6. I took 3 papers last sitting but i only passed 1 sad.gif How many papers should i take in June? Any advice?
nothingz
post Feb 18 2012, 02:42 AM

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QUOTE(noonies_naruto @ Feb 17 2012, 11:27 PM)
aiyoo whyy? I could never do that.. P6 is crazyy.. way too many things to brain than P7  rclxub.gif
*
QUOTE(tzxsean @ Feb 17 2012, 11:50 PM)
p5 p7 are easy to study

but when comes to exam

u think u will what they want...u noe what u write

but turns out u duno what they really want
*
are you sure you want to start all over again? P6 is not simple because you need to memorise hell a lot of incentives and theories. I personally work in a tax firm also don't have much knowledge on certain tax incentives

QUOTE(M90 @ Feb 18 2012, 12:21 AM)
Thank you for all the replies. I will definitely work harder this time! So, now i left 4 P papers, which are P1, P2, P5 and P6. I took 3 papers last sitting but i only passed 1 sad.gif How many papers should i take in June? Any advice?
*
don't so greedy. take 2 is enough
tzxsean
post Feb 18 2012, 03:17 AM

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QUOTE(nothingz @ Feb 18 2012, 02:42 AM)
are you sure you want to start all over again? P6 is not simple because you need to memorise hell a lot of incentives and theories.  I personally work in a tax firm also don't have much knowledge on certain tax incentives
don't so greedy. take 2 is enough
*
well...i only got 1 paper left...no harm trying smile.gif
noonies_naruto
post Feb 18 2012, 10:48 AM

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QUOTE(tzxsean @ Feb 18 2012, 04:17 AM)
well...i only got 1 paper left...no harm trying smile.gif
*
haha if one paper aim for world prize la thumbup.gif

study like mad..
wilber89
post Feb 18 2012, 11:56 AM

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is there any p6 class which start teach from the beginning ?thanks
and any ggod recommended lecturer for p6

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