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79% for me. Convinced I’d failed!! So sorry to hear of any failures as thought I was in the same boat. Genuinely my heart goes out to you.
ACCA over for me now and time to devote my life to my beatifiul wife and wonderful 4 year old daughter.
Very emotional and wishing you all the best of luck.Nervy times…1 hour and counting. My last acca paper and never felt so nervous. Anyone else suffering with me?
Unfortunately I’ve never had an email with view in browser option. Good luck again to all.
Thanks Bella
Sorry for your bad news. Unfortunately I don’t think I ever received that one. Good luck with your re-sit(s). I think I’ll be joining you (final paper was P7 in June).
Did the e-business theory work for those that did get their results? 7 hours 39 minutes and counting. Good luck all!
Is this only available via outlook? Can’t work from aol email from December sitting results.
@afariogun said:
Hi Guys….Please i want to ask , I have passd P1, P2 , P3, but now waiting for P7 and P4 result. if i failed any of the two, P7 and P4 or failed the two , will the new changes in ACCA paper affected me?and also , what is the meaning of this comment on my Exam Status:
Exam Status InformationClose
This statement shows your examination status following the most recent examination session and includes all exemptions awarded and CBE passes achieved before the date stated.Although the expiry dates for P paper passes are session dates, the process to expire these passes is scheduled to run after results are published and transfers completed. In this way, a pass will not expire until any transfers to Affiliate have been complete. Please see the Rule Book for more information.
Students holding provisional converted passes in P1 and P4 must pass either P1 or any outstanding option other than P4 in addition to twelve other papers in order to complete the exam requirement of the syllabus.
I can only comment on the first part of your query in respect of changes to exam papers. I sat my final paper (P7Int) in June 18. I have had a cursory glance at the changes and whilst there appear to be minor changes to the subject matter to be examined, the examination itself appears to have significant changes. 1 x 50 mark question + 2 x 25 mark questions (optional element removed). Therefore, yes, if you have failed (which I believe I have!) then you will be affected by the changes from Sept 18. Very best of luck to you and I hope you receive the results you desire on Monday.
@soco said:
is anyone waiting for p7 seen @member?Yes, I have @ member.
Mine now showing member@ also able to log into other site. I hope these are positive omens!!!
Feeling your pain! This was the final paper for me. Passed all others first time but feel I’ve failed this one 🙁
I’ve not seen any reference to any “conversion notice”? Can anyone elaborate on this as I’m in the dark on this one?
I can only see the following (UK);
Welcome
Addresses
Change password
Contact ACCAAlso, I’ve got students@accaglobal.com
I’m also coming up as an “S” which is no surprise based on my awful performance on P7Int (my first attempt). Not a good day at the office as they say…..@stevo82 said:
i was rushing to read the question and think i missed the bit where it mentioned a fv gain being recorded (someone mentions this earlier on in the thread) so I talked about incorrect classification etc…suppose its only a couple of marks! i think i talked about most of the business risks and mentioned about revenue being overstated and about the provision as you mentionedI overran this question by about 15mins which meant I was chasing the rest of the paper a little…although i didnt mind the section B questions think I answered Q3 and Q4 and then went back and rushed the last 25 mark question in about 25 mins!
The 25 mark question was by far the worst for me just hope i picked up the easy marks! its quite frustrating trying to write enough to make sure you pick up enough marks but at the same time making sure you don’t waffle!!!
It’s certainly a familiar story – good luck to you, hope it was enough to see you through.
@stevo82 said:
well your memory is better than mine! what did you write about the investment property in Q1? in my haste and panic of thetime I think I went off on a completely different tangent!!Can’t remember much about investment properties in q1 at all? I think I mumbled on that properties as part of construction activities should be recorded in WIP – i.e. profits released as contract progresses using input method (% of profit as costs) or output method (profit released as a % of work complete).
In hindsight – I should have pointed to the risks as incorrect classification from the outset and changes in accounting policy (maybe?) – Like I say – Q1…disaster!
The only part I was happy with was the provision (retraining costs not allowed) and also procedures (inspect sample contracts for redundancy entitlements, recalculate and verify accuracy to client schedule, inspect offer letters of further employment for those not being made redundant – test completeness, re-cast client schedule – accuracy, inspect board minutes for any legal claims arising from “incorrect dismissal costs”.
How about you?
@stevo82 said:
Chris was this the part of the question with the derivatives? I think you will do better than you think if you’ve stated the obvious i.e complex area etc!!From memory I think it’s the part where it stated hedge criteria has been met. Sub worked under non-IFRS framework so I suggested risk that parent co IFRS policy not used – i.e. perhaps gains were shown in P&L rather than OCI (as I concluded a cash-flow hedge) and that the consolidation process would not pick up error. Gains only recycled to P&L when the hedged item “matures”, thus profits/losses may be overstated depending on gain/loss on instrument at year end if not correctly presented in OCI etc.
@lesbella said:
I feel you. I think we are all in the same situation due to time pressure. Just barely read thru the question in Q2 and optional questionJust seems odd when you look at the overall pass rates for this paper that it’s consistently so low…is it really all down to us students/tuition providers or is there a common denominator…time pressure maybe…crazy paper! Hoping the syllabus doesn’t change too much for the Sept 18 sitting now…time to start researching!
I’m not sure it’s pessimism…more realism!! My only positive is that I did complete the paper…albeit I feel for the poor marker traipsing their way through it! 🙂
I personally think the only circumstance to mirror my disappointment on leaving the exam hall yesterday will be watching England’s performance in this summer’s world cup.
Question 1 blew me away in trying to identify the sufficient number of business risks and RoMM’s. Panic set in and poor exam technique followed.
Coupled with a poor choice of one of the optional questions (why oh why did I choose the question containing a lump of Financial Instruments?!?!).
I felt it prudent to delay issuing a response until today to let the “dust settle” as very emotional after a bottle of Prosseco yesterday afternoon!
The only positive was the KAM question but certainly not enough to get me through. Passed every other paper at first attempt. I’ll be fortunate to get low 40’s on this.
I’ll take this week “off” (if nothing else then to give my hand a rest) and then back to revision again from next Monday.
I genuinely wish everybody the very best of luck and hope all your hard work and effort is rewarded with a pass in July.
3rd September booked as annual leave already….
Best wishes to all.
Hi ds3ce. Firstly, be very good at consolidations (P&L, Group, Sub-sub etc). If you sat F7 a while ago, make sure you spend some time going over the basics of that again.
Additionally, make sure you know enough about group cash-flows just in case it appears. As you say, you’ve got one shot before the syllabus changes and the Group CF statement lends itself to a lot of “easy” marks if you know the basics.
My personal view is that if you’re very good at groups this is one of the few “P” papers where you can make up time for the other areas (I had 15 mins to spare on this and have written to the end of 3 other P papers).
Also, do what OT recommend (it worked for me) – work backwards on the paper (Q2,3/4 first) and then the “big” Q1 paper last.
Know something about everything – arguably the OT videos are the best I could find on Financial Instruments.
Lastly – and I’m sure you know as you’ve got this far…practice, practice, practice. Get through the learning as quickly as possible and into revision.
Good luck to you – it’s not easy with a child (I have a 4 year old and a massively supportive wife so I’m blessed). However, I also work full time as an FD so I do appreciate the pressures.
Very best of luck and if I can offer any more help then please just post.
Kind RegardsChris
