[Harry]

Hi Chris – Sorry to chase but could you please let me know.

Also, will you be out of the office during the summer period?

Thanks
Harry

[Harry]

Thanks for clarifying

[Harry]

Yes it is, i’m using it myself.

[Harry]

See Chapter 17 Financial Instruments for IAS 39

[Harry]

@sophiemuzz said:
Is anyone going to complain to ACCA for the mistake on the question numbering as it definitely took a chunk out of my time and stopped my train of thought when I was interrupted

Yes I will after I have finished with my other exams.

[Harry]

Overall, I found the exam tricky. No corporate governance, external audit vs internal audit. MCQ questions weren’t that nice except Ethics one. Overall would take 50 now.

[Harry]

@flapper84 said:
I took this as a CBE and found the whole process was very smooth. I can type a lot faster than I can write so I was able to give much more detailed answers. The new format of the exam worked well too.

Hi, did you get your results today too?

[Harry]

@matt5solomon said:
We were told part way through the exam but I would guess you’ll be ok as it is ACCA’s error not including this in the answer booklet or having the invigilators ensure students knew about this from the start of the exam

I flagged this to the invigilator and then 15mins later she makes an announcement in the exam which was not helpful and she talked for 5minutes. This is definitely a fault with ACCA which they should have resolved when they knew they were changing the exam format !!!

[Harry]

48 gutted i failed, MCQ probably cost me a pass. Well done to those who passed.

[Harry]

Really annoying, failed with low 40. more work required for this beast of a paper.
Probably defer until new format in September via CBA now.

[Harry]

Don’t give up!!

[Harry]

Paper style changed somewhat from previous papers and specimen paper. Really hope I pass because the format is changing again from September 2016 and this means more MCQ.

I recall 11% WACC and +NPV.

Good luck all and onwards to June sitting.

[Harry]

Fingers crossed get the marks required to progress. No surprises in section B except the Q3c and couple adjustments in Q1. Good luck every one.

[Harry]

I agree with you all, F5 paper focused on cringe topics would you agree?

10 marks on TVM (3 E’s) like not being funny but this was not covered with college provider. Section A and B were alot trickier than past sitting and specimen paper.

Definitely think I be retaking in December which is not ideal.

If anyone sat the exam at Tottenham Hotspurs why were students allowed to eat chocolates during the exam, it strictly said NO FOOD IN EXAM HALL !!

Good luck to everyone.

[Harry]

@goddey90 said:
what answer did you get for relevant costing? i had 40. i dont know if its correct

Yes I did to, as lost contribution. hope it’s right as need every mark possible.

[Harry]

@gawcram said:
Anyone got 650 for the minimax question?

I got 500 but I think my calculations were incorrect, struggled with the question.

[Harry]

Q1 – Revenue Adjustment – I treated it as deferred revenue – What did others do?

[Harry]

Q3 part b – what was the treatment? Remain as associate of financial asset? Remained 35% equity stake but lost seats at board of directors?

Didn’t recall studying this so prob lost 5 marks automatically depending on the answer. I said keep as associate.

[Harry]

I had 500 for other comprehensive income from gain on revaluation. Must have missed some note for the other 90.

The ratios ques threw me.

Fingers crossed!!

[Harry]

All, I’m sitting the exam in September, any hints and tips are welcome.

Thanks,
Harry

[Harry]

Hi,

Are you sitting the exam in September?

Cheers.
Harry

[Harry]

Well done to all that passed, some impressive scores I must admit.

I am sitting F7 in September, hint and tips are welcome…!

[Author]

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