QUOTE(stephanie0721 @ Sep 21 2008, 08:59 PM)
ooo..
is the syllabus in F5 similar to F2, juz that v wil learn more detailed and thouroughly in F5?
according to my lecturer, F5,F9 & P2 are killing papers
so i m quite worried coz i hav no CAT background..
i went thru sum previous post and wonder , wil it b advisable to do other papers prior to taking f5?
umm confused confused..
may i ask, is OBU a necessity?
wat'r its benifits? disadvantages?
coz v r supposed to do OBU if v hav opted for it when filling out d initial registration form before proceeding to Professional level..
how long does it take to complete?
does this mean that v hav to stop at F9 and finish our OBU before v can continue our ACCA?
( can v quit OBU later on?) go straight to "P" level?
1) Killing papers myth
Technically there is no killing paper in fundamental level as far as i am aware of. So many people telling me that i will fail this & that.....

.
I have even my audit lecturer telling me that he has a student sat an audit paper > 5 times & still failing.
Use this slogan as a motivation tool : What defines a champion ? Are they undefeated, undisputed never lose.
No it is how they bounce back from failure. We must learn from mistake to better enhance our knowledge & rectify our weakness.
My tax lecturer keeps on nagging about those who failed so many times in tax exam has wider knowledge than those who passed at 1st attempt.
i known 2 very special person : one who will excel in any calculation paper (F7 & F6) but fail in theory papers (F4, P1 & F8).
Another who always skip class, lazy person & never study much but pass F5, F8 & P1 & P3 with ease (not bad marks also).
However he failed > 2 time in tax & reporting.
2) CAT background
I will try my best to define what you need to do for each paper :
F4 : purely memorisation : practice past year & memorise key sections of law will do.
F5 : calculation & theory : You really need to explain & elaborate what you have calculated (it requires balanced approach)
F6 : practice, practice & practice : The memorisation part will come naturally when you practice. I pracice PYQ from paper year 2000 to 2007.
I never really memorise the answer only the expenses part (those with experience it is really easy)
F7 : Understanding & speed : I would love to say calculation but it is not so relevant judging from past questions. The examiner will twist the qs
when you get comfortable with exam trend, I have a friend who can finish any 25 marker qs in 30 minutes (bcos he pracice a lot) end up
almost fail / pass (50 mark) bcos the examiner twist the question (2). Practice is fine but this paper has gone the most rigorous amendments
in ACCA (with P2).
F8 : This "used to be" or still is the killing paper. Why bcos audit should never be xamined at the 1st place. It is ver difficult to find 2 silmilar comps
practicing same internal controls, system or processing. Audit is meant ot be practice in real life, hand-on approach....etc. Most who end up studying
audit or "fail multiple times" will end up hating audit (most of my friends do). Audit is something that you must feel natural or really has a deep understanding. The key is "application of your knowledge". You must
1) Read the qs
2) Draft it in your mind
3) Aswer "according" to what qs asked. Never simply answer based on what you memorised (max 10 marks for Qs 2)
F9 : All about formulaes, models & framework. Examiner won't be impressed by your calculations alone as you also need to elaborate it.
You can almost predict which area will come out but which part is the big headache.
I don't know about the new OBU rule about transition to P level but i can comment on other parts :
1) Time
It depends on your writing ability, my lecturer told me that hardworking people will take 3 weeks if they really concentrate while others averages
2-3months. Mentors for OBU are aplenty but i heard that the cost is not cheap (i will come to this later)
2) Usefulness
Not really adds value to your knowledge but unless your relative are tohe "old school" that only degree is sound, then impress them with a Uk degree
from oxford (just don't mention the brookes). The benefit does not really cover the cost as i have mentioned earlier. However there is really no diadvantages in taking it (unless you are rich lo) There are this 1st & 2nd class in OBU where only big comps will take (any lesser will be rejected)
Although i can easily attain 1 st class without doing the project but i felt it doesn't worth it (I am quite lazy too

)