P5 passrate

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    rjoneszzz
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    The ACCA Paper P5 pass rate for December 2011of 29% is quite appalling.

    It is obviously only to be expected that pass rates should fluctuate from one exam sitting to another, but does the ACCA really think that 71% of the students attempting the exam in December were under-prepared? These candidates will have already passed some, if not all, of the compulsory Professional level papers and have thus proved that they have the required ability to pass exams at this level.

    The pass rates have been significantly lower since the appointment of the new Paper P5 examiner. Do the ACCA think that this is purely a coincidence? Does it mean that students who passed more than a year ago under the previous examiner did not really deserve to pass?

    The ACCA should accept and admit that there is a problem with either the examiner or the marking process. They should investigate and sort out the problem and should allow students who failed in December 2011 to retake the examination free of charge.


    avatar
    kylefran
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    i think i am well prepared for the exam but failed with a less than 30% mark. what a shame. This is my second attempt to this paper and i think most of the skills on the exams are well known for me. Relate the case with my answers. I really don’t know why i failed. Maybe just bad luck…


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    fever003
    Member
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    This matter has been going through my mind for quite some time.

    I can’t be that the whole world is unprepared for the P5 exam.

    Passing rates before appointment of Alex Watt were above 40%.

    I’m still indecisive whether to attempt P5 for the 4th time or change to P4.

    Please advice!


    Avatar of mrfaizankhan
    mrfaizankhan
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    @fever003: Mostly students prefer P5 over P4 as its quite easy as compared to P4. If u loved F9 and u cleared it in the 1st attempt then u should go for P4, But if u dont then change the study plan and technique for P5 and go for it.

    If u need assistance kindly feel free to ask about any study issue or techniques which i used to apply successfully
    Best Of Luck.


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    fever003
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    @mrfaizankhan : I did pass F9 first attempt, but that was back in 2009. I have forgotten almost everything. To revise F9 and study new topics in P4 in just 3 months would be risky.

    I am not sure which subject to decide.


    Avatar of mrfaizankhan
    mrfaizankhan
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    Its risky but 3months are more then enough. But i think u should go for P5 and change only ur technique i am sure u,ll qualify this time straightly. Technique contributes almost 60% + 40% hard work = Success.
    I am sure in ur previous attempts besides this one ur concepts would be strong, so only thing u should look at is ur technique & planning.

    Best Of Luck.


    avatar
    boom
    Participant
    • Topics: 3
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    @rjoneszzz i totaly agree with u lets gather the 71% students and lodge a formal complain to ACCA. Why not start a campaign guys????


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    barky
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    • Topics: 5
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    right, so trust a trainee accountant to do this but i thought i would look at the average marks for each course over the years as per the ACCA pass rates page and they come out as follows:

    F1 69.5%
    F2 56.1%
    F3 55.1%
    F4 46.1%
    F5 40.5%
    F6 49.9%
    F7 39.1%
    F8 37.4%
    F9 40.0%
    P1 50.8%
    P2 50.0%
    P3 49.5%
    P4 34.3%
    P5 37.1%
    p6 39.5%
    p7 34.5%

    Make of it what you will but all the option papers sit within the 30% range which is lower than any other.
    Not having sat any of these yet i cant say if they are much harder than previous papers but F7 and F8 are low as well.


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    barky
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    • Topics: 5
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    @fever003 said:
    This matter has been going through my mind for quite some time.

    I can’t be that the whole world is unprepared for the P5 exam.

    Passing rates before appointment of Alex Watt were above 40%.

    History of pass marks for P5:

    P5 37 43 32 42 44 35 35 29

    Some rates were above 40 but not well above.
    Performance has been worse though so maybe tougher marking i am guessing?


    avatar
    tsdzv112
    Participant
    • Topics: 1
    • Replies: 31

    i am not a big fan of this new examiner, he might be trying to show his bosses that he is tough but thats a disadvantage to us the students. I have sat for this exam twice now but i thought i was going to do it once.

    Something needs to be done.


    Avatar of bethwest
    bethwest
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    • Topics: 5
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    Hi does any one know if there has been a study group for June 2012 set up yet? As i have to retake this stupid exam.

    thank you


    avatar
    dindin
    Participant
    • Topics: 0
    • Replies: 1

    I sat the exam in December and felt comfortable that my late nights would have paid off. It didn’t. It’s almost a daunting feeling to know that i have to write this paper again since i have a few friends who have repeated this paper to no success and it is the only paper standing between them (and now also myself) and cmpleting ACCA.


    avatar
    m391
    Member
    • Topics: 3
    • Replies: 12

    someone just guide for the techniques that shud be applied while doing the p5 paper! whats the most important thing! :D
    thnx


    avatar
    m391
    Member
    • Topics: 3
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    basic f5 calculations and rest p3 assumed knowledge makes up p5! then y is the pass rate too low!


    avatar
    tali
    Member
    • Topics: 0
    • Replies: 4

    hi,
    i have already decided not to repeat this paper again…
    I put equal effort on both P4 and P5. I passed even p4 easily but failed this paper with 46% . I would say at least 7 to 10% that deserved a pass failed because of this new examiner. well done You sir..


    avatar
    tali
    Member
    • Topics: 0
    • Replies: 4

    hi,
    i have already decided not to repeat this paper again…
    I put equal effort on both P4 and P5. I passed even p4 easily but failed this paper with 46% . I would say at least 7 to 10% that deserved a pass failed because of this new examiner. well done You sir..


    avatar
    oladosu
    Participant
    • Topics: 0
    • Replies: 8

    Hi guys, I think some people among you might find my contribution useful but don’t take it as if am supporting this new examiner. The key to passing this exam under the new examiner is to be able to differentiate between performance management and performance measurement. Alex Watt focuses on the system as a whole unlike previous examiners who narrowly focus on performance measurement. With this, note that all past questions are already irrelevant except last last 3 exams and knowledge in F5 becomes increasingly important. You will also find it invaluable by reading selected topic eg VBM, Kaizen costing etc in other non-ACCA text. This is what I realized before the exam and I was able to score 81.


    avatar
    howexcellent
    Participant
    • Topics: 0
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    @oladosu: i agree with you. we can take june11′s building block question as an example. notice how Alex focuses on entire theory of fitz gerald and moon and not only on determinants. even books like bpp on this particular evaluation would be declared redundant.

    however, to say past papers superceded by this examiner are useless is, to me, an understatement. they are important in as much as they offer variety and challenge the mind to put into practice the apm syllabus objectively.

    perhaps what people want to hear is your source of those practice questions only focusing performance management outside the sphere of the three previous exams. or, are you suggesting less practice and more rounded study and analysis of syllabus?

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