[habibla]

I thought I was the only one in such situation. Though my supervisor eventually signed all PER by the end of November and I even managed to get qualified last year.
At some point I was thinking of requesting another qualified person to sign my PER. But that would require me re-writing some objectives.
If you know someone else qualified and familiar with your work I guess there is no harm to request this person to sign the PER.

[habibla]

First, you won’t know if you passed untill Feb 2014, so you will still be a student and have to pay student subscription.
Secondly, affiliate subscription is higher than student’s. Then comes transfer to membership which is one off £205 and thereafter annual membership subscription is £205. Thus you will have to pay more and more after passing all exams. You better get your employer to pay all these. My employer does not pay so I am looking for a new job now.

To cheer you up, ACA membership ,as I heard, is around £400 a year and transfer to membership is £700. So ACCA is not the most expensive body.

[habibla]

Btw, I applied for membership on Sunday night, 17/11/2013 (it took my mentor 6 weeks to sign off my objectives) and received email confirmation today, which is less than 3 working days. The email says “Your membership status shall be awarded within 12 working days, subsequent to the next meeting of ACCA’s Committee members, with written confirmation dispatched to you shortly thereafter. Your membership certificate will be sealed at the next meeting of ACCA Council which is scheduled to take place on 23 November 2013. Please allow up to six weeks from this date for delivery of your certificate.”

[habibla]

I have finally completed all objectives, just waiting for my mentor to sign them off, hoping to apply for membership next week. Just curious to hear how long does it take ACCA these days to approve an application. Thanks in advance for replies.

[habibla]

@sathjyot
It sounds like you are not in the UK.
I cannot imagine anybody in the UK at VP(Finance) level without any accounting qualification. It is even harder to imagine that someone in the UK left a lucractive VP(Finance) role to complete ACCA exams.
Though, based on my own experience, I understand how difficult it is to study when you are in more or less resposible job, i.e. not a junior staff in an accounting practice with 9 weeks study leave a year.

[habibla]

@sathjyot
After you pass your final exams, with your 25 years relevant experience, do you expect recruitment agency to consider you for qualified roels with certain poast-qualified experince or just for newly qualified roles?

[habibla]

I used gel pen in June 2013, first time for my last ACCA exam and it worked ok.

I changed from ball pen to gel pen because when I scanned my first assessment for Kaplan course the scanned document was almost illegible.

[habibla]

<cite> @kzzrd said:</cite>
Hi Guys,

I failed P6 (UK) at 49 this jun and had failed at 41 in dec 2011!
….
Pls help…as i wish to clear this final paper this sitting! Thank you

I had similar problem – failed P6 with 40+ marks 2 times.
I signed for Kaplan Distance Learning Premier this time. The course includes 4 assessments marked reasonably quckly, and a tutor is accessible any time to answer your questions. So I had 66% for Mock exam and got 65% for the actual exam. I belive these assessments give goo prediction of your performance on the exam.

[habibla]

65% Affiliate

[habibla]

Hello everybody,

I have one exam left. Just failed P6 with 45% and cannot decide whether to re-sit P6 or take P4.
I am not good at memorizing all the tiny details of P6 and not realy excited about the idea of going through huge Kaplan textbook and doing same questions again.

I got 68% in F9 and enjoyed studying it but that was quite a while ago.

I am sure some of you took P6 and P4.

Would you advise to take P4 or re-sit P6?

[habibla]

@omernadeem said:
I cannot believe this, I was in shock to see my result. I sat in P3,P5 and P6. I got time to prepare only p6… I did so much hard work and finished whole syllabus 2 TIMES! attempted 100% and was really confident about what i did. got 43% 🙁

Didn’t even touch the book/kit/notes for p3, attempted only 80%…. and i have cleared it!. I have a question!!!…. why p3 and why not p6 ? 🙁

no idea why, but i am in the same situation: cleared P1 & P2 while spending 99% of my time on P6.

[habibla]

@aida87 said:
Hi everybody! Congrats who passed! Please, advise me which exam to take P5 or P6? I have taken P5 two times and failed it twice. Now i’m confused and thinking of taking P6. This will be my last exam to take. Will very much appreciate any response 🙂

P6 volume is much bigger. Stay with P5.

[habibla]

@aida87 said:
Hi everybody! Congrats who passed! Please, advise me which exam to take P5 or P6? I have taken P5 two times and failed it twice. Now i’m confused and thinking of taking P6. This will be my last exam to take. Will very much appreciate any response 🙂

P6 is huge and mostyly about memorizing loads of details. I would advice to stay with P5.

[habibla]

Would be interesting to know how the guys with high marks prepared for the exam.
Opentuition does not support P6.
Were you self-studying or attended any tuition courses?

I do not know what I am doing wrong with P6. Thinking about switiching to P7 or P4.

[habibla]

Failed P6 again. I wish I could get the exam script back and see what I did wrong.
I practiced quite a lot of questions before exam and thought I did them ok.

Any advice how to pass this paper?

[habibla]

@panismith said:
I sat for P1 & P3 and failed both 🙁 can I choose and pay for P1, P3, P6 & P7 for December 12, but only attend P6 & P7 and be absent for P1 & P3? Please advise. Thanks

P1 & P3 are much easier than P6 & P7. I think P1 & P3 are easiest P level papers. I would clear P1 & P3 first.

[habibla]

Question is still open: Which centre is the closet to West London?

[habibla]

lindencourt said 1 day, 7 hours ago:
From reading some previous comments on this forum about the low pass rates for ACCA exams I just compared to other professional accountancy exams. For CIMA the % of those students passing at the same professional level were around 45-55% for each paper. For the Institute of Chartered Accountants in England and Wales the pass rates for the Advanced papers were 69% passing all (3) papers at the same time. The pass rates for the individual papers were:
Business Reporting – 77.4%
Business Change – 82.5%
Case Study – 73.9%

ACCA cannot really be proud of pass rates of 29% can they? What does this say about the ACCA exams, particularly the final professional ones we have to sit? We can conclude the folllowing:

1) ACCA genuinely allows far too many students to take the ACCA exams who simply do not have the intellectual ability to pass these professional exams (unlike the ICAEW and CIMA),
OR
2)The ACCA exams are far too difficult and unfair compared to the other professional accountancy bodies.

I cannot comment on CIMA but I heard that admission requirements for ICAEW are quite strict unlike for ACCA. That’s why I assume the pass rate is so high and employers value ACA higher than ACCA. So I would say conclusion 1 is correct.

[habibla]

i passed p5 last year, but i agree the questions set by this examiner are ambiguous.
But it is optional exam, and you could read complaints before choosing this exam. If I did not pass i would have switched to p7, probably.

[habibla]

what about switching to P4?
I passed P5, and need to take 2nd optional.

[habibla]

I passed P5 in June11.
Need to take 2nd optional but still not sure whether to take P6 or P4.
P6 is usefull because most of accountants have to deal with taxes one way or another. But there is too much to memorise.
I think I will buy P4 textbook and see if it feels easier for me.

[habibla]

Same question.
Sorry, have not seen his topic before.

It seems accounting profession is not popular in West London.

I heard that London – South East centre sometimes located near Earl’s Court. But this location is not fixed. I emailed ACCA last year to find out about exact location, but they said that they could not tell until the number of students is knows.
I go to ExCel and it takes me about 2 hrs to get there.

[habibla]

hi guys,
which textbook and revision do you prefer?
is LSBF revision kit good?
I bought BPP 2012 texbook and revision kit but not sure if it is the best. Shall I exchange it for Kaplan?

[habibla]

Congrats to all of you who passed!
And good luck to us who till take it in June 2012.

As I understand P6 is impossible to pass without learning the textbook.
Will appreciate if you could advise the most efficient and concise textbook.
The options that I can think about are BPP, Kaplan or LSBF.
LSBF texbook must be the most concise one but would it be sufficient?
Any other suggestions?

[habibla]

@terryann1 said:
Not a good paper for me at all. Though it brings no comfort to me, it gives some sense of relief to hear most of you say that Q1 was an unfair question and that it appears to be more P3. That was my feeling from the very beginning but eventually blamed myself that I was under prepared. I have not done P3 as yet but had started to look through the notes for next time around and remember seeing something on CSF. After my P5 exam, I went to opentuition notes and saw nothing on CSF. I then turned to BPP text and found only one sentence on CSF in the entire book (not the most recent text). Furthermore, I searched for the technical article that someone mentioned and could not find any. To have a full question on CSF for P5 (31 marks, the highest on the paper) is rediculous and unfair to us as students.

Completely agree with terryann1: it is ridiculous and unfair to have a full 31-mark question based on one small paragraph in an article published in 2006 for the old sillabus. This is an exam. In my opinion an exam should test the most important and practical topics relevant to the qualification. Most of us work full time and struggle to find sufficient time for studies. ACCA appointed “official publishers” whose textbooks do not cover topics tested in the exam. To me it is unfair that we are expected not just to read and get familiar, but to memorise content of all technical articles to be able to asnwer to exam questions. Why then to appoint “official puiblishers”? Publish everything on ACCA website and we will know that we need to read what is on the website and not to waste time on rubbish textbooks and lectures. Ofr even state that there is no limit to tested material: anything relevant to “Advanced Performance Management” can be tested at the exam.
Btw, I downloaded the article on monitoring and building CFSs on Saturday, 11 December 2010 and the title said that it was “relevant to Professional Scheme Papers 3.4 and 3.5”. If you open the article now you will notice that ACCA has already changed the title to “relevant to ACCA Qualification Papers P3 and P5”. How does this sound for you? Is not it unfair?
Once again, ACCA examiners should understand that this is an exam and there should be some standards and the defined sillabus tested. Students, official publishers and tuitors should be aware of what will be tested to be able to prepare/teach for the exam. If an examiner is changed he/she should be informed about current sillabus taught/studied. To me, it should be made clear what models are tested in each particular question, just like standards tested in P2. Otherwise all of us are just playing a lottery.

[Author]

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