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I have qualified F9 in my first attempt. I didn’t find the paper that much difficult. Yeah P4 was horrible for me. Any ways my friend is having 5th or 6th attempt this term, June 2013. What my teacher has advised about this paper is that never over emphasize on the Numerical part, always prepare well for the theoretical one too. I think many fellows don’t prepare well for . the theory. I passed my P2 and F9 by the theory part . In my attempt of P2 there was expectation of IFRS-9 to be examinable and i crammed through it. Luckily a 10-12 marks straight away question was asked . Also i remember advantages of pay back were asked of 2-4 marks was asked and i cashed in quickly. 7-9 marks was asked about the effect of Debt instrument on the WACC or something like that and i grabbed that too. Always en-cash the tiny and straight away questions. 30-40 percent is theory in F9 and it help you to pass.
And always attempt 100% paper. My frend attempted PERFECT two questions and some chunk of Q3. That made him fail on 47. What use of that perfectness? If you stuck at some step in numerical part put in a assumed figure and carry on to complete the question. You will only loose mark of that assumed figure but gain the other steps marks. Dont not over give the time to a single question. Make you answer brief if time is less but always attempt the 100% that is important.
Some of my tips may be childish but it may help someone to get the 4-5 marks that can make the difference.
Best of Luck
Regards,