*** ACCA P1 September 2016 Exam was.. Instant Poll and comments ***

Thought it was an okay paper!
Did Q2 and 4.

4 was nice, insider trading, ethical principles and csr.

2 was about internal controls and impact of having poor internal controls and suggestions to improve.

Thought 1 was a okay scenario too. Plenty to pick at with lots of bribery corruption.

Basic things on remuneration. Did find it very application based

@belze001 said:
I wasn’t sure if the last question in Q1 about corruption was about the company or the country itself. Any ideas?

Country I believe. Didn’t say Oil after it. Plus fair few points about how it was a corrupt country

It was an ok paper but overan my time on question 1even though I attempted the other two optional questions, I did not do justice to the last question 3 as I didn’t have enough time left so it might be a resit for me, I am so distraught !!!

@hoangduchung1903 said:
I answered it from the country perspective also. Just Xuland mentioned, not Xuland Oil

Agreed.
I kind of mentioned how there’s bribery top to bottom in the country. It’s almost autocratic, media controlled by. All friends at the top.

Then just to resolve to try add diversity etc. Thought it was ok mind

@james1114563 said:
Agreed.
I kind of mentioned how there’s bribery top to bottom in the country. It’s almost autocratic, media controlled by. All friends at the top.

Then just to resolve to try add diversity etc. Thought it was ok mind

I suggested diversity in the government also since most of public officials were from one of the ethnic groups

@ddmoo said:
Hated it. Having done all of the past papers several times this seemed to be the most narrow exam yet which covered so little of the syllabus but it covered it in great detail. Question 1 was okay but I found myself repeating my answers a lot which was something I found through out the exam.

I don’t know if my time management was poor or it was a longer exam than usual but I had to really rush at the end just to answer all of the questions. Due to time constraints I barely looked at question 4, I just saw the first question was about insider trading and looked at the marks and doubted I’d be able to write that much on it.

Having got 44 in June (which looking back on was a much easier paper than this one) I’m predicting between 30 and 40 this time and another resit in December.

I also find the questions were set narrowly but too deeply, especially the part on how internal control helps environment reporting and the importance of completeness in remuneration report. These have never been asked before in past papers.

And I was hoping that AAA would come out so that I could grab easy 14 marks but sadly it did not.

Really? Am screwed. I written about the Xuland oil and how it was corrupt. What a fail.

@hoangduchung1903 said:
I did Q2 and Q4 also and just completed about 92-94% of the paper due to time constraint even my hands kept writing in every single minute.

Not sure if it’s enough for 50 marks though. You can’t really predict your score in P level. What I wrote might be given marks or otherwise not relevant at all. Hope that luck is by my side this time.

I find that the most difficult thing in P1 is finding out what the examiners actually wanted from the requirements. The way they asked might not be so direct. Or just because English is not my native language.

I completely agree! Although I was thinking maybe the examiners ask more open questions to give space and flexibility to students.

@belze001 said:
I completely agree! Although I was thinking maybe the examiners ask more open questions to give space and flexibility to students.

I think question were quite open ended for sure. But some bits like remuneration etc weren’t so much. But corruption there was a lot of points to make

Did everyone talk about Xuland rather then Xuland oil in part (I) of question Corruption question?

@ddmoo said:
Considering you wont get your results until mid October I think you’ll struggle to be ready for the next paper if you don’t start until then. I was halfway through studying for P3 when I found out I failed my P1 June exam. I’ll likely go back and finish off P3 studying and sit it in December even if I fail P1. Might be better for me to come back to P1 next year with a fresh mind.

Thanks I hope you do pass your P1 and get it out of the way, I will start studying for P2 for December, even if I fail will just have to revise P1 and resit in December.
Best wishes for the results!!!

Spent almost 2 hours on the first question but feel it might be worth it. Managed question 3 and 4 in the remaining time – just! I felt a lot of the syllabus I spent time memorizing was unfortunately a waste of time 🙁 anyone else?