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- January 15, 2020 at 4:24 pm #558746
Passed with 53% on my 3rd attempt. 53% seems to be the magic number for this exam sitting but to be honest I would have been happy with 50% just seeing the word PASS MARK lifted the heavy burden off my chest! Reading the comments of students that failed makes me humble, I sympathise with you. Really, I feel your pain! This is by far the toughest exam I have attempted and I have done all 13 of them. The amount of time, effort, dedication and sacrifices I put into studying for this topic places APM at spot numero uno. Please know that I work full time and have a family so to put in perspective the sacrifices.
I encourage you the one who read FAIL in Monday’s email to continue but don’t do the same effort as before this time think about what parts of the exam you can do different. For example, for me it was writing the intro of Q1 after I have finished answering all of Q1 at which point I had a good idea what the report was about. This simple change saved me 5 minutes. Anyways, this time work harder, smarter like it was going to be your last!January 6, 2020 at 4:32 pm #556953Hello everyone:)
Happy New Year!
in Dec I attempted APM for the 2nd time and left the exam hall feeling again, time pressured and not confident I gave enough for a pass mark. This exam is by far the most challenging exam I have taken from the 13 so far and really I am rethinking my strategy and possibly switching to AFM which is somewhat evenly split between written and calculation. Last APM sitting I felt that in order to provide point worthy comments you had to do the ROI and RI which may be worth 6 marks at best yet took time to neatly format into the report and uhh just a hassle to mark Appendix and remember to make reference to the Appendix. Well, my journey continues but I made a goal that in 2020 I complete my last exam be it APM or AFM and move on:)October 16, 2019 at 4:09 pm #549771Fail 47% 2nd attempt – I think for me it was exam technique becuz I ran out of time and left 18 points on the table.
Question – did you for Q1 plan out your answer before you started to write? how much time should such planning take, not considering the reading time for Q1August 15, 2019 at 10:28 am #527704Hi Alexjam
I read thru the topics suggested on the website, don’t quite agree with Ashridge model
correct me if I am wrong but that model is not in the syllabusMarch 7, 2018 at 10:37 am #440949@fuzzywuzzy said:
Sorry to burst your bubble, but I’m pretty sure you will get only a few marks (if not none) for the definitions. The question wasn’t asking you for the definition and recognition criteria for said items, but how uncertainty affects the said items. Attempting Question 4 requires knowledge of current issues which is why most people do not attempt it. I’m surprised even at the professional level you’d still expect marks by just listing out the definitions without any analysis of the question.I cannot pass this section by without providing my input:) as Fuzzywuzzy made some pretty funny statements. I am very amazed to see that at P2 Level one would think IAS37 is a current issue (hahhah) but I guess we do not have the same definition of a current issue. Just an FYI Fuzzywuzzy IAS37 was operational in 1999. It was very wise of you not to attempt this question as over analysis would have been to your detriment.
I can confirm that question 4aii did ask for the definition of provisions, contingent liabilities and contingent assets – and just by writing out the definition of these you are making reference to uncertainty as this is the fundamental, underlying concept of the IAS37.
@Damjan
I agree question 4, all of it, was Christmas in March!Best of luck! to you Fuzzywuzzy 🙂
March 7, 2018 at 10:00 am #4409293a (revenue) Real Property year end is the 28th of Feb 2018 whereas the sale took place on July 2017. The variable part of the revenue cannot be recognized for the whole year rather from Aug 17 till Feb 18 as you cannot recognize “future” revenue until it is earned. The advise which i gave to the directors is to account for the variable part of the revenue as of Feb 2018 and the remaining 5 months of revenue will be accounted for on a monthly basis as it is earned.
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