hahaha i couldn't quite relate to them question, since I didn't really see the logic, so I guess i'll throw that question away.

but the 4 roles were expected la~

u r doing the Q2 right?
so the part a is it asking the TARA(4 strategy to manage risk)?

seems like everyone did well...
tomorrow f7 i scared...
my first ACCA paper hehe

i dun think so..
the P1 question is out of expectation...
but cannot very difficult, but the marks allocation maybe quite strange..
seems like a very simple question, but is allocation mark is very high, until i dun know how to get the marks as high as that..

yeah, i think it's asking for TARA. i don't recalll any other risk treatment strategieis other than those.

yeah, I'm doing F7 2molo also, then subsequently P3 on wednesday.
quite a heavy week. For F7 I'm quite confident, having passed my internals with reasonably good scores.

As for P3... god save me.

Hope you can pass this paper! Very convincing statement and i guess no problem for a top person like u....hehe complete accca at 20 rite?
As for me, old d la.....

Eh, how bout u? Sunway student also not bad....last june 2007 sitting already sapu top three prize (gold, bronze n silver) for final core papers....so, u cant imagine urself in that position??
haha

hmm...it seems like quite alot of ppl here say p1 is ok..
i think for me, the time is still not enuff leh..even wif the 15mins reading time..still alot of points i did not write..hope miracle can happen!

for 2mr, P2 is sure die deeee....

I wanna ask ,
Is IFRS 1 examinable in F7 ??

i think IFRS 1st time adoption not examinable to F7..
i think is only for P2...

---

Added on December 10, 2007, 11:22 pmHaih~no matter how worse the P1, the exam still keep on going
wish those taking P2 and F7 can do well in tomolo...
jia you la!

This post has been edited by scorpiok: Dec 10 2007, 11:22 PM

IRR there's a formula. For this question, everything is given, IRR % is just so easy! Just throw and compute the figure.

The question for P1 was so-so but the mark allocation a bit confusing la. Hopefully the number of candidates passing this paper is high.

Anyone taking P2 tomorrow?

gosh, part A seems to be quite easy.. but den for part B, its really killing me..
dun even know if i answered correctly.. answers are so subjective and mroe to application part..
Im not sure wit Section A, part d ques, jus wrote the blardy letter to get the 4 professional marks..
and then, for the importance of IC, is it the elements?
as for the 2nd part, improvement, is it ctrl procedures? I was quite blur, and i recommended to establish a risk management committee alsso an internal audit department.. with their roles in helping to improve..

I did Q1,2 and 3..

Q2 part A.. i used TARA as well, remember seeing such question in Kaplan questions booklet.. but not sure if its right.. frens were saying its not TARA.. after hearing that, almost fainted..

as for part B, its the embedding risk management system rite??

and well, i personally gave up wit P2, gud luck all for tmr's exam!

*wondering how hard will it be for P3 paper.. when P1 is so difficult when we expected it to be the easiest*

This post has been edited by babysept: Dec 11 2007, 06:07 AM

P1 is lil bit confusing bout the marks,also examiner for q.4 uses a different term for the Gray,Owen,Adam framework.. contrast the work of the 3 theorist in Pristine capitalist and Social Contraciticism (an alternate to proponent of social contract the third stage of that framework) i think kaplan and BPP does not use such term.. unless in UK , so i think there is a little bit of confusion there..well,hopefully examiner able to take such necessary action bout this matter..remind me of paper 2.5 june 2006 sitting Q.2 where they asked candidate to prepare statement of recognised equity or something?but same as statement of changes in equity ..thats for UK variant.. well, the exam feedback is on the acca website, so give ur feedback, but dont give bashed comment at the last stage of the feedback the paper saying extremely difficult, not appropriate la, hentam acca level of question la...its a negative comment,later they consider u know what when marking the paper.. just be balanced really pressure for P3 esp. the case study Q.1..800 words,wow,textbook answer wont help..using the approp. model and justify it..aiyoo really it will be time consuming for P3

hahahaha, not really IMO. the 15 minutes is to plan for those de mar.. XD
i personally enjoy readign their case studies.. XD

it's quite weird la the wordings.

i also think tat tat is not TARA ... but i donno wat should i asnwer for it
tats y i choose not to do tat 1...
haha ... today i give up also... til now also blur blur 1...

P2 in 4 hours 30 mins... wish those who taking goodluck.... as for me... god bless me please....

p1 paper was like ~_~"... dono what will come out in P3.... and for P3.. god also must bless me....

P1 is over.. Most of them said tht the paper was OK..

maybe it was "OK".. but i memorized so much, and forgot half of them during the exam!! huhu some of them can remember all the keywords but a little stuck when it comes to explaining.. and all the questions also need explaining la or evaluating la :|
And there wasnt enuff time :| spend so much time on the case study question...

so conclusion , I shall leave it to the examiner now dunno pass @ fail ! will find out in feb

Loadsa luck to all of u sitting for F7 today!! I still have p3 tomm.

good luck for p2 ~!
i juz go and bluffing ...

aiyoo, dun throw away just like that, ACCA is like a battlefield, dun surrender or admit defeat without step into it.. maybe that what acca wants, more people feel uncomfortable, let the ££ flow in.. come on people we do this for ourself and also a mission to for Malaysia to increase pass rate than any other countries..this is a National Mission.. as what JUNE 2007 malaysia swept all the gold,bronze,silver..