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December 13, 2010 at 7:38 am
Please share your comments about P1 exam!
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[polldaddy poll=4204723]December 13, 2010 at 11:54 am
Easy paper……..December 13, 2010 at 11:59 am
@ tabyshah certain countries finsihed earlyDecember 13, 2010 at 1:08 pm
Scenario was the enron copy case..
overall.. paper is HARDDecember 13, 2010 at 1:34 pm
any 1 can post question’s ?December 13, 2010 at 1:38 pm
aahhh first i was late 5 minute and when i saw the paper i was very much tense but did attempt the whole paper with what i think it could be ………December 13, 2010 at 1:40 pm
worst P1 paper EVER..December 13, 2010 at 1:51 pm
requirements are the real tricks of ExaminerDecember 13, 2010 at 1:58 pm
really hard paper 2 tackle!!December 13, 2010 at 2:01 pm
Easy and common questions However it was difficult to answer!
Firstly i was confused with the insitutional investor’s behaviour… 2 small easy questions by 6 marks each, but i didn’t answer them from my best! What did you write in response to questions about insitutional investors?December 13, 2010 at 2:04 pm
I did not sit this paper but am curious as to what quesions were asked as everyone is saying the paper was hard.December 13, 2010 at 2:08 pm
Question no. 4 part c) What were the obstacles in embedding liquidity risks?
And the next part about social responsibility , did it require to write about Agent relationship and Milton&Fried view?December 13, 2010 at 2:10 pm
hardest paper since p1 was establishedDecember 13, 2010 at 2:31 pm
lack of time management.. too much to write!!! It wasnt that easy as well a tricky paper i woukd say….so lets cross fingers n wait for results…December 13, 2010 at 2:35 pm
I thought it was OK.
Q1, pretty standard. Example of company crashing through poor corporate governance e.g. Enron type scenario. Had to write a speech to legislators, quite enjoyed that.
I chose to do Q2, which was about sustainability and environmental audit but regretted it a bit when I got to the last part, ten marks on environmental risk being operational or strategic, contradicted myself somewhat never mind.
Q3 was fine, NEDs, threats to impartiality etc pretty standard.
Just got to move onto P2 now.December 13, 2010 at 2:36 pm
I sat in June 2010, got 42% and I think that paper was much easier than today’s. The requirements were really tricky and I wrote a load of bollocks in the paper. I completed every question, and I think I did ok in the professional marks too. The questions which I couldn’t answer. One was about the institutional investors. What the hell do you write for those 12 marks? I wrote a load of crap. Hoping to get atleast 4-5 marks out of 12. Then the last two parts of Question 4. Difficulty in embedding liquidity risk management in the organization? Again, I wrote whatever I could but I am pretty sure my answer is incorrect. Part (d) of Question 4 was again a tricky one. I think I did quite alright in question three about the advantages of Non-executive directors, conflicts of interests and threats to independence, and general contents of corporate governance. There was no one answer for part (c) about corporate governance. If you know what it is about, then you’ll be fine. In the case study, I was a bit confused in the last three parts. The requirements were a bit tricky. But I think I did well in the qualities of a sound corporate governance, and about internal controls and risks. But again, wrote plenty which made little sense. There is no negative marking but I hope I dont piss off the examiner. I was fairly confident that I’ll pass this paper last time around, so was well shocked when I got only 42%. I am not sure how well I’ve done this time. Hoping to get that golden figure of 50%.December 13, 2010 at 2:47 pm
Does anybody know what does it mean to construct the case? The same thing was last summer in 2nd question but it was ethical case and examiner says that it was answered very poor. Probably because nobody knew what is asked) I asked all my friends – no result. Any ideas?December 13, 2010 at 2:56 pm
@aivileva constuct a case mean argue the strengths and weaknesses about the topic the examiner asked in questionDecember 13, 2010 at 3:21 pm
i took construct the case for to mean in favour of.
that paper was very hard i thought, i found it hard to put structure on my answers cos i didnt know actually what the question was looking for. the scenarios are much too long its impossible to reach that much info one time, and in a rush, and then be expected to remember all the important points! i doubt i passed my answers were a mess. really hoping i by some miracle got 50% cos i wouldnt fancy repeating!! didnt reference anybody in my exam like turnbull etc, and only realised at the end that i didnt use any names! woops!December 13, 2010 at 3:25 pm
thanks a lot for answer! pity, hopefully will not need it in the future) time to repeat p3! good luck to everyone to finish and have fun celebration everyone who already finished!
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