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Passed with 77%
Finally an affiliate.
No more exams.What should I learn next? Cooking? French?
I failed with 48…lol.
Tbh I got a bit cocky with first time passes and didn’t make enough effort for this one.
I’ll make sure I put the adequate hours in for the September resit.
Congrats to all who passed!Passed with 68% on my first attempt! I’m actually ecstatic as I was expecting a marginal pass or fail! Very happy 🙂
This is the one I’ve got. Apart from the cash flow hedge I managed to pull of an answer for all, I’m just uncertain if I wrote out my answers up to their expectation. It’ll be a marginal pass in the best possible scenario. However, if I’m prudent ( 😉 ) I’d say its a fail 😀
That does look like a decent enough set of questions.
I’ve a got a nasty set of obscure questions:
Q1 – goodwill calculation (pretty standard, few tricky FV stuff)
theory behind goodwill, shares measured at FVTOCI, contingent liability, disposal of associate
Q2 – pretty standard ethics stuff, some discourse around prudence, materiality, and relevance.
Q3 – Hedge accounting with entries (!), deferred taxes, FRS 102 goodwill (I did UK variant)
Q4 – restructuring stuff and termination benefitsMy brain was fried towards Q4, I wrote a lot but wasn’t structured properly and I nearly ran out of time.
I feel I’ve unloaded all my knowledge but wasn’t particularly confident in my answers.
Fingers crossed…Pass with 59% I’m a very happy man. It’s been a ride.
Won’t be doing audit for the advanced papers though hahah…I thought it was a lame exam. No capital allowances, barely any profit adjustment – they didn’t include any of the fun stuff!
I thought Section A and B was ok, although I made some dumb mistakes too…
We’ll see in 6 weeks.Passed with 52 (…lol). I’m overjoyed though, I invested so many hours into this paper and I’m happy I cleared it on my second attempt. I’m kind of happy I failed the first time because it made me more determined and focused. Try and harness the power from failure! Don’t give up, keep fighting!
I’m not sure if I’m buying this.
The ACA is purportedly more difficult than the ACCA…
Albeit we see 30-40% pass rates.Booking an ACCA exam costs £130 (I’m unsure of the lower/higher levels…)
I sometimes have a feeling that they’re trying to rip you off.Compare it to the CFA pass rates, notoriously know for its demanding syllabus; students spend 300+ hours on it and it is still manage to keep the pass rates from 49%-55%…
compare that to the ACCA Performance Management or Audit and Assurance; 39%-40% for PM and AA 36%…Being demanding and expecting students to know a wide range of topics within one subject is perfectly expected. I no longer take failing an ACCA exam personally, as I am confident in my intelligence levels
