Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › how to pass F9
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- February 20, 2015 at 11:07 am #229308AnonymousInactive
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Hi, i do self study and i use opentuition course notes and bpp revision kit for f9. I. Have been failing f9 three times now. I usually get 44 marks. This time, i failed again but i was so confident that i would score more than 70 marks. I am thinking of sitting for June but i am afraid of failing again. How, what to do pass it this time. Please help me
February 21, 2015 at 7:17 am #229449Without being able to see your exam script, there is no easy answer.
More important than anything is practice. Is your revision kit the current edition (with MCQ’s)? If it is then consider getting one from Kaplan or Becker so that you will have different questions to practice.
How well are you setting out your workings? If the examiner cannot follow what you are doing then you will not get the marks.
How much attention are you paying to the written parts of questions? 50% of the exam will be written (as opposed to calculations).
How easy is it for the marker to read your writing? Ask a friend how easy they finder writing to read – if they have a problem then so will the marker (in which case consider printing instead of writing).May 3, 2015 at 10:34 am #243760With regard to net assets, it depends on the context of the question. Strictly net assets means total assets less total liabilities, but again it depends on exactly what is in the question.
With regard to our notes and lectures, if they are used together then they cover the whole syllabus in enough detail to pass the exam well – provided that you do practice all of the questions in your revision kit (and that it is a current edition of the revision kit because the style of questions changed as from December 2014). If you have problems with any of the questions (or answers) then you should ask in this F9 Ask the Tutor Forum.
May 3, 2015 at 10:57 am #243770Please start a new thread when it is a specific question – don’t post it under “How to Pass F9”.
I am not going to answer the whole question – presumably there is an answer in the BPP text anyway.
However, here the question specifically says “total assets less current liabilities” – it does not use the expression net assets anywhere.
The reason “total assets less current liabilities” are important is that they are always equal to the total long-term finance (equity + non current liabilities), and part of the question is asking about the long-term financing of the business.May 3, 2015 at 6:47 pm #243840Have you actually watched our free lectures??
(b) if more profits are retained rather then being paid out as dividends, then obviously the shortfall is reduced.
(c) if sales increase then so too does sales/capital employed increase.
(d) you will know (from Paper F3 or whatever exempted you) that ROCE = asset turnover x profit margin. So if they cannot increase the first then they need to increase the second.
(e) I don’t know what else to say – the answer says it perfectly.
(f) if more debt is raised, then more interest is payable, so profit available for shareholders will fall, so share price is likely to fall.
You really should watch the free lectures – they are more than enough to pass the exam well.
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