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Business ACCA V5!, Long live bean counters! :D

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b3llad0nna
post Aug 18 2009, 01:39 PM

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QUOTE(Topace111 @ Aug 17 2009, 11:55 PM)
I seriously think the examiner purposely wish to bombshell P6. The first seating is already 28% pass rate & second seating also around 30%. Then after much criticsm by local lecturers examiner go lenient & pass rate shoot up 40%. After evryone is happy again he pulled his tricks again. By doing what ?
1) Bringing back very very old & weird stuff like mining allowance (how many mining company in MYS mind you)
2) Sales & Service tax which are never tested for more than 10 seatings was brought back out of the blue.
3) Group relief which is a very small topic can be merged with other area so like a hybrid 3 in 1 question.
Tax syllabus is the biggest around, no doubt about that just check the text book. However things tested is quite average but since every area is so specific & each go their own formulaes makes it very stressful for students to remember. The examiner himself has also gone cucko banana a few times & have to rectify his mistake by giving bonus marks to student.

Just a very brief preview :
A x B/4C for unit trust to ascertain deductibe permitted expenses. A is a list of 10 expenses, B is gross inc of Div, Int & Rental & C is B + exp.....
So in exam you need to remember all this small detail. Not enough yet it has to be compared with 10% of A whichever is higher.

Compared to :
Investment holding company : A x B/4C but this time is compared 5% of A whichever is lower not higher. So if a student can remember all this small details in exam then can score.

Heard that P6 is the toughest paper to score even on international level.
*
Agree with ya. With P6 you need to remember every minor detail and the figures are all very close to each other. And to make it even worse, the syllabus is way too wide and thus there is soooooo much to cover. And you must take into count F6 stuff too.

And I have no idea what the Malaysian Examiner is upto..Malaysian passing rate for p6 has always been lower than the UK passing rate. And after much feedback and critism he has only made the paper much more un-attemptable last sitting!

From this you know..I dint get thru my P6 this time too smile.gif My 2nd attempt..only managed a 45. Will just have to try again! My advice to other fellow p6 attempters, study every single bit thoroughly, dont leave out chapters..coz Imade the mistake of leaving out group relief and it came out for a whole 38marker question! hah my misery! Oh well, will just need to try harder this time cool2.gif

This post has been edited by b3llad0nna: Aug 18 2009, 01:41 PM
HBK-reloaded
post Aug 18 2009, 02:37 PM

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QUOTE(Saga9733 @ Aug 18 2009, 01:25 PM)
I did take my P5 at Mc Orange a year ago. I cant remember the lecturer's name, but he was very good. His revision course was trully wonderful. I think he is still there. Do give them a ring (03-2032 3118) and talk to them.

All the best


Saga


Added on August 18, 2009, 1:26 pm
Sorry I think he is no longger there, its Ian Lim teaching P5 now.

Saga
*
if 1 yr ago, then..its chow kim tai..

he will be conducting IRC tis seating..

This post has been edited by HBK-reloaded: Aug 18 2009, 02:38 PM
carlosandy
post Aug 18 2009, 02:54 PM

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QUOTE(HBK-reloaded @ Aug 18 2009, 02:37 PM)
if 1 yr ago, then..its chow kim tai..

he will be conducting IRC tis seating..
*
He is back, wah, that's good. Means beside Andrew Pang, student still got one more choice. rclxms.gif rclxms.gif rclxms.gif
Topace111
post Aug 18 2009, 03:42 PM

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QUOTE(jacktai @ Aug 18 2009, 01:02 PM)
ACCA June 2009 world pass rates:-
P1 Professional Accountant - 48%
P2 Corporate Reporting - 44%
P3 Business Analysis - 50%
P4 Adv Financial Management - 30%
P5 Adv Performance Management - 32%
P6 Adv Taxation - 37%
P7 Adv Audit and Assurance - 37%
*
I think the pass rates reflect the opposite in MYS since almost all my friends passed P4 but get "cooked" at P6. However I think the P4 examiner are "coerced" or at least persuaded by his heads to up the pass rates by at least 30% or face the music. Seriously though if no revision of pass rates sure drop less than even 20%, anyone who have attempted sure agree with me here.
jacktai
post Aug 18 2009, 03:46 PM

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QUOTE(Topace111 @ Aug 18 2009, 04:42 PM)
I think the pass rates reflect the opposite in MYS since almost all my friends passed P4 but get "cooked" at P6. However I think the P4 examiner are "coerced" or at least persuaded by his heads to up the pass rates by at least 30% or face the music. Seriously though if no revision of pass rates sure drop less than even 20%, anyone who have attempted sure agree with me here.
*
Anyway, we must remember that, thats is world passing rate, not Malaysia Passing rate. There is a lot of student which in other country facing differently.
littlediana
post Aug 18 2009, 06:13 PM

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can i ask , how to check back previous results?

i forget my previous results which i fail...

this time also fail.... =(
nobuta
post Aug 18 2009, 06:42 PM

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may i know anyone buying CKF's latest advanced taxation book? and how much? i found it at RM160 in CKF's website.
roy_pck
post Aug 18 2009, 06:52 PM

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finally passed my last paper P2 on my 4th attempt. officially an ACCA Affiliate now, after 4 years of hard works. smile.gif

I must say a big THANK YOU to this forum. it helped me a lot throughout my studies indeed. thumbup.gif

This post has been edited by roy_pck: Aug 18 2009, 06:53 PM
kitkit88
post Aug 18 2009, 07:05 PM

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QUOTE(Topace111 @ Aug 18 2009, 03:42 PM)
I think the pass rates reflect the opposite in MYS since almost all my friends passed P4 but get "cooked" at P6. However I think the P4 examiner are "coerced" or at least persuaded by his heads to up the pass rates by at least 30% or face the music. Seriously though if no revision of pass rates sure drop less than even 20%, anyone who have attempted sure agree with me here.
*
yeah i m agree with u, most of my frens passed in p4 but screw up in p5 which came quite a suprise 2 dem......though the world passing rate doesn't reflect the msia passing rate...need 2 wait from college passing rate


Added on August 18, 2009, 7:07 pm
QUOTE(pul_pul9 @ Aug 18 2009, 01:17 PM)
haiz.... failed P5. where to take tuition har ??? which lecture good ?coz FTMS change lecturer.. how is the new lecturer ?
*
or meybi u can try mike ezhangoa in sunway...he's a fine lecturer 2 me, but it depends whether his teaching style suits u or not....

This post has been edited by kitkit88: Aug 18 2009, 07:07 PM
littlediana
post Aug 18 2009, 07:08 PM

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QUOTE(littlediana @ Aug 18 2009, 06:13 PM)
can i ask , how to check back previous results?

i forget my previous results which i fail...

this time also fail.... =(


*
i meant for the same paper the previous results hehe
kitkit88
post Aug 18 2009, 07:27 PM

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QUOTE(littlediana @ Aug 18 2009, 07:08 PM)
i meant for the same paper the previous results hehe
*
check ur email? or the marks on the exam entry form?
happie
post Aug 18 2009, 08:52 PM

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QUOTE(Saga9733 @ Aug 18 2009, 01:25 PM)
I did take my P5 at Mc Orange a year ago. I cant remember the lecturer's name, but he was very good. His revision course was trully wonderful. I think he is still there. Do give them a ring (03-2032 3118) and talk to them.

All the best

Saga


Added on August 18, 2009, 1:26 pm
Sorry I think he is no longger there, its Ian Lim teaching P5 now.

Saga
*
Is Ian Lim good/recommended for p5 ?
angelgurl
post Aug 18 2009, 09:14 PM

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failed p1-34marks and p2 - 49 marks :'(

Anyone know how to improve on p1? tried parminder class last sem.. he was good but i don't understand how i could get SOO low..

It is stress if i take p1,2 and 3 now? any advise from helpful ppl here? thanks sad.gif

This post has been edited by angelgurl: Aug 18 2009, 09:14 PM
coolly
post Aug 18 2009, 10:04 PM

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QUOTE(nobuta @ Aug 18 2009, 06:42 PM)
may i know anyone buying CKF's latest advanced taxation book? and how much?  i found it at RM160 in CKF's website.
*
i think u can ask your fren in UM or TARC to help you get a copy..if buy from his website and bookstore with normal price is quite expensive.
maybe bulk purchase can negotiate cheaper price... tongue.gif tongue.gif
vin_ann
post Aug 18 2009, 10:19 PM

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QUOTE(coolly @ Aug 18 2009, 10:04 PM)
i think u can ask your fren in UM or TARC to help you get a copy..if buy from his website and bookstore with normal price is quite expensive.
maybe bulk purchase can negotiate cheaper price... tongue.gif  tongue.gif
*
yeah, can get at least 60 or 50% discount...


jayniel
post Aug 18 2009, 10:23 PM

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QUOTE(jayniel @ Aug 17 2009, 11:29 PM)
anyone score above 70 for P2?
*
anyone??
HBK-reloaded
post Aug 18 2009, 10:28 PM

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ACCA pass rates are ‘depressing’

The June ACCA pass rates have prompted a string of lecturers to ask what exactly is happening at ACCA after the latest 'depressing' pass rates from June were released.

Freelance lecturer Sunil Bhandari told PASS: 'The latest ACCA pass rates are depressing to read. F7 and F8 are in the 30's and F9 has just scraped into the 40's.

'(Education chief) Clare Minchington has highlighted the improvement in the F5 pass rate but the examiner who delivered that (Geoff Cordwell) has been sacked.'

The greatest worry lies at the final option level papers. Lecturers are asking how students who pass papers P1-P3 can then struggle at the option papers - the failure rate is around 65%.

Another lecturer added: 'It is not the students that have failed but the ACCA. The ACCA said it will meet the tuition providers to improve pass rates. Which tuition providers are we talking about? Those based in the UK or those operating where the greatest ACCA revenue is generated outside these shores? Unless we get some analysis of pass percentages per college and country how can things get better. ACCA must be joking?'

Lecturers are also concerned that ACCA has still to reveal who will be the new F5 (where pass rates are now great) P4 and P5 examiners.


Added on August 18, 2009, 10:50 pm
QUOTE(HBK-reloaded @ Aug 18 2009, 10:28 PM)
ACCA pass rates are ‘depressing’

The June ACCA pass rates have prompted a string of lecturers to ask what exactly is happening at ACCA after the latest 'depressing' pass rates from June were released.

Freelance lecturer Sunil Bhandari told PASS: 'The latest ACCA pass rates are depressing to read. F7 and F8 are in the 30's and F9 has just scraped into the 40's.

'(Education chief) Clare Minchington has highlighted the improvement in the F5 pass rate but the examiner who delivered that (Geoff Cordwell) has been sacked.'

The greatest worry lies at the final option level papers. Lecturers are asking how students who pass papers P1-P3 can then struggle at the option papers - the failure rate is around 65%.

Another lecturer added: 'It is not the students that have failed but the ACCA. The ACCA said it will meet the tuition providers to improve pass rates. Which tuition providers are we talking about? Those based in the UK or those operating where the greatest ACCA revenue is generated outside these shores? Unless we get some analysis of pass percentages per college and country how can things get better. ACCA must be joking?'

Lecturers are also concerned that ACCA has still to reveal who will be the new F5 (where pass rates are now great) P4 and P5 examiners.
*
so they will be a new examiner for P5... rclxub.gif so the style will change.. rclxub.gif

This post has been edited by HBK-reloaded: Aug 18 2009, 10:50 PM
Topace111
post Aug 18 2009, 11:03 PM

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QUOTE(HBK-reloaded @ Aug 18 2009, 10:28 PM)
ACCA pass rates are ‘depressing’

The June ACCA pass rates have prompted a string of lecturers to ask what exactly is happening at ACCA after the latest 'depressing' pass rates from June were released.

Freelance lecturer Sunil Bhandari told PASS: 'The latest ACCA pass rates are depressing to read. F7 and F8 are in the 30's and F9 has just scraped into the 40's.

'(Education chief) Clare Minchington has highlighted the improvement in the F5 pass rate but the examiner who delivered that (Geoff Cordwell) has been sacked.'

The greatest worry lies at the final option level papers. Lecturers are asking how students who pass papers P1-P3 can then struggle at the option papers - the failure rate is around 65%.

Another lecturer added: 'It is not the students that have failed but the ACCA. The ACCA said it will meet the tuition providers to improve pass rates. Which tuition providers are we talking about? Those based in the UK or those operating where the greatest ACCA revenue is generated outside these shores? Unless we get some analysis of pass percentages per college and country how can things get better. ACCA must be joking?'

Lecturers are also concerned that ACCA has still to reveal who will be the new F5 (where pass rates are now great) P4 and P5 examiners.
*
F7 & F8 pass rates worse than P2 & P7 respectively then it is "apocalytic" (just went back from church for prayers tongue.gif ).
Heard from a senior acca member (friend of parent) that certain senior acca figures are approached by acca body themselves regarding the exams.
The examiner's new direction is to make scoring much harder than before by stressing on "practical knowledge" especially on professional levels since it offers zero exemption to any holder. For starters, they will use some of external material which is not listed in recommended text books to test whether students can actually apply differently based on scenario. Suffice to say majority of students mind are not there yet.

Actually one cannot blame the pass rates for 1 main reason which is entry requirement. ICAEW deemed the hardest qualification around still boast 80% pass rates averagely & CFA another premium qualification from US also boast around 60 - 70% pass rates for advance level. However thats bcos both qualification have minimum restriction of degree holder whilst ACCA practically accept anyone for exam since they want the global appeal.

Actually I think the main problem of the exam material lies on the execution. Like a good riddle or puzzle, it must look easy & deceptively simple but the answer although unexpected it is technically correct.
A good riddle : Where are Chinese goodberries comes from ? Its New Zealand so looks very easy but only a smart one can detect it.
A bad riddle : Who has the longest name ? Tedious & demotivating isn't it ?
Some good examiner can be Graham Holt of P2 since nobody complain even its difficult since its manageable if really study & knowledgeable.
Bob ryan is a sophisticated one, really like to test very different source of material which is not mainstream & tactless.

Full list is here :
F1 Accountant in Business - 73%*
F2 Management Accounting - 57%*
F3 Financial Accounting - 55%*
F4 Corporate & Business Law - 43%
F5 Performance Management - 41%
F6 Taxation - 61%
F7 Financial Reporting - 30%
F8 Audit and Assurance - 34%
F9 Financial Management - 42%
P1 Professional Accountant - 48%
P2 Corporate Reporting - 44%
P3 Business Analysis - 50%
P4 Adv Financial Management - 30%
P5 Adv Performance Management - 32%
P6 Adv Taxation - 37%
P7 Adv Audit and Assurance - 37%
kelvinbadroyal
post Aug 18 2009, 11:28 PM

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QUOTE(angelgurl @ Aug 18 2009, 09:14 PM)
failed p1-34marks and p2 - 49 marks :'(

Anyone know how to improve on p1? tried parminder class last sem.. he was good but i don't understand how i could get SOO low..

It is stress if i take p1,2 and 3 now? any advise from helpful ppl here? thanks sad.gif
*
if i scored 49 for p2, i think i will jump down from klcc.. haha..
i think u should not take 3 core papers in this sitting, or why dun u take 2 papers 1st, and then other 3 papers for next sem?
in such a way, u can concentrate much more in the papers you take..
49 marks probably you have made some fundamental errors in your answer..
i m doing p1 tis sitting, hope i can pass in the 1st attempt..
kitkit88
post Aug 18 2009, 11:47 PM

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QUOTE(HBK-reloaded @ Aug 18 2009, 10:28 PM)
ACCA pass rates are ‘depressing’

The June ACCA pass rates have prompted a string of lecturers to ask what exactly is happening at ACCA after the latest 'depressing' pass rates from June were released.

Freelance lecturer Sunil Bhandari told PASS: 'The latest ACCA pass rates are depressing to read. F7 and F8 are in the 30's and F9 has just scraped into the 40's.

'(Education chief) Clare Minchington has highlighted the improvement in the F5 pass rate but the examiner who delivered that (Geoff Cordwell) has been sacked.'

The greatest worry lies at the final option level papers. Lecturers are asking how students who pass papers P1-P3 can then struggle at the option papers - the failure rate is around 65%.

Another lecturer added: 'It is not the students that have failed but the ACCA. The ACCA said it will meet the tuition providers to improve pass rates. Which tuition providers are we talking about? Those based in the UK or those operating where the greatest ACCA revenue is generated outside these shores? Unless we get some analysis of pass percentages per college and country how can things get better. ACCA must be joking?'

Lecturers are also concerned that ACCA has still to reveal who will be the new F5 (where pass rates are now great) P4 and P5 examiners.


Added on August 18, 2009, 10:50 pm

so they will be  a new examiner for P5... rclxub.gif  so the style will change.. rclxub.gif
*
erm, mind sharin the link for the article? cause i couldn't find it anywhere...hehe

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