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@aska1314520 said:
i have pay my dec 16 p2 exam at aug16 ,
yesterday (30.10.2016) i withdrawn my dec16 p2 setting ,and want to make a new setting at mar 16 for p3, but after i withdrawn the dec 16 pc setting and check at the myacca fee and payment side ,it does not show any amount credit back to my acc ,and i also cant make any mar 16 setting at this moment at myacca acc ,so what should i do ,and how can i conform that acca have refund me the widrawn paper amount ?? i scare that the amount have been burn ,as it does not provide me any for me to prove myself that i have surplus in my acc ,and how can i utilise it ?I don’t think that once a payment for an exam is processed it’s possible to withdraw from that sitting. Preference for the exam centre can be ammended till the normal exam deadline expires, but other than that you can’t even change the exam paper you are sitting for through the online portal. If the ACCA Connect can support one with doing so, I’m unaware of that.
High chances are that you are still paid in for the December P2 exam, unless you had it cancelled through ACCA Connect because you can’t cancel through the online portal in my opinion.
All in all, if you did manage to withdraw from the December exam sitting, then yes, the probability that you have lost your exam fee for the said paper is very high.
@ryzvonusef said:
failed with a 45, fourth attempt, clearly a message from the divine, try a different option paper!No, the message isn’t ‘move on’… it’s persevere!
@eadinnu said:
How many marks were allocated to question 1c? Who remembers? Just discovered I skipped it.Hmm..
Q1. (a) Real Options explanation bit……………………..was 4 marks
Q1. (b) NPV of Phase 1……………………………………….was 14 marks and
Q1. (c) Phase 2 Option value……………………………….was 10 marks
+ 4 Professional MarksQ1. (d) Discussion on moving ops back to America…………? Marks
Not sure though… getting confused now too.
@amon84mwash said:
The PV for second phase was zero. So the Discounting had already been done upto that stage.But me thinks that this papers requires alot of assumptions and the examiner shall consider all one makes.
There is more than one answer to some questions.
Agreed!
In Q2… one could’ve used CAGR to estimate the Growth Rates for the 3 Companies i.e., Compound Annual Growth Rate (CAGR) = [(Do / D n years old)^(1/n)] – 1.
Yes, DVM values were less than the Market Cap values for all the 3 companies… The main reason is that the drivers behind these two concepts are different. DVM assumes that a company’s value is based on the PV of all future dividends, whereas the Share Price is determined by the Market Demand / Supply forces based on the publicly available information, this is what a company’s Market Cap is based on.
ONLY one piece of advice… EXAM QUESTION PRACTICE!
Over and over again! Under exam conditions… Especially the 50-mark compulsory Question 1.No, unless you get an e-Mail from ACCA explicitly stating that you have passed or failed your exams, you SHOULD NOT inference anything from the mails that you receive. These are just routine e-mails based on their existing mailing lists… mailing lists that won’t be updated till after the results are released i.e., post 18 April 2016.
@ maazanser
The HEC will not issue an equivalence certificate for the OBU BSc certificate without a matric and inter certificate or their foreign equivalence e.g., O (at least 8 passes) and A (at least 3 passes) Levels certificates. Which in my opinion is quite stupid, as their job is to check of a degree’s equivalence on a degree to degree level… not the candidate’s WHOLE ACADEMIC background. If a candidate’s foreign bachelors degree is equivalent to a local bachelors degree then that’s all that should matter, and an equivalence should be issued to that effect.
But I don’t have any Pakistani credentials nor have I ever applied for HEC equivalence… this is mostly what I’ve heard… so, I might be wrong.
I hope that you manage to clear them both in your 1st attempt, but if you don’t then just choose a different optional module. You can change them whenever you want to… regardless of the number of failed attempts you’ve put down behind a particular elective.
If your supervisor as well as the audit firm aren’t willing to second (certify) what you’re going to claim on your PER then you won’t be able to successfully claim credit for it. As simple as that… no way around it.
Your marks are just a number… anything above 50 is pretty much the same, a pass.
1st time passes are good to boast about on your CV and in any interviews (employers have also been known to specifically ask for 1st time passes as a recuitment criteria)… but once you have more than 4, 5 years of quality WorkEx under your name these points just become trivialities and lose all significance whatsoever in the longer-run.
Of course, unless we’re talking about your F7, F8 and F9 exams where your scores will have an impact on what degree classication you get, IF you decide on applying for the Oxford Brookes Degree in Applied Accounting (I’m not up-to-date on this degree’s specifics and requirements as I never pursued it).
Your marks are just a number… anything above 50 is pretty much the same, a pass.
1st time passes are good to boast about on your CV and in any interviews (employers have also been known to specifically ask for 1st time passes as a recuitment criteria)… but once you have more than 4, 5 years of quality WorkEx under your name these points just become trivialities and lose all significance whatsoever over the longer-run.
Of course, unless we’re talking about your F7, F8 and F9 exams where your scores will have an impact on what degree classication you get, IF you decide on applying for the Oxford Brookes Degree in Applied Accounting (I’m not up-to-date on this degree’s specifics and requirements as I never pursued it).
@ Remember it’s 8 “different ” exams a year. So resits will not be counted.
Yes, that’s correct. Basically, you’re not supposed to pass more than 8 subjects (papers) a year (ACCA Progression Rule). Keeping that formula in mind you can take as many resits as you like.
No, you won’t lose your Affiliate Status.
If anyone has any information otherwise, I’d like to hear about it too. But if that were the case the ACCA would be at the backs of all Affiliates reminding them that their Affiliate status was at risk.
Yes, while pursuing the US CPA this definitely is a factor. And you do end up losing your exam passes (assuming you have passed them all) if you don’t gain the state-stupilated WorkEx in the designated time-frame.
The Exemptions will cost you as much as actually sitting for the exams… I don’t see any reason for anyone to not avail the exemptions and would always recommend that one should take up any exemptions on offer EXCEPT F4 Corporate and Business Law. A pass in F4 (UK Variant) can be critical if you want to apply for a UK Practice License or if you’re interested in going for reciprocal membership with any other UK Professional Accountancy Body on the basis of your ACCA Membership.
Considering that you’re coming from an Indian background I think that it might actually help you in your future studies if you started from F1. Only you can appraise yourself better… go through the past papers of F1 – F3 and see if you’re comfortabe with the course content. If you feel that you’ve already covered everything that’s being examined there then you’re better off chosing the exemption option.
Keep in mind that while applying for a UK Practice Licence once you pass your ACCA exams and gain membership… passes in F4 (UK Variant), P2 (UK Variant), and P7 (UK Variant) will be critical pre-requisites.
Again… fully agree with carl29.
If you want to work in Practice then I’d recommend P6 Advanced Taxation, and P7 Advanced Audit and Assurance… whereas P4 Advanced Financial Management, and P5 Advanced Performance Management will help you more if you want to work in the corporate world as a Finance Professional. But again, there are no right or wrong answers for the corporate world (industry), any combination should suffice. Howover if you want to work in Practice… at times it’s critical to have passed P6 and P7. For example, in the UK you won’t even be issued a practice license (certificate) unless you have cleared P2 and P6 in UK variants.
You can also opt to do all Four… 2 while pursuing the ACCA, and the other 2 in post-qualification exams.
I fully agree with carl29.
Your marks are just a number… anything above 50 is pretty much the same, a pass.
1st time passes are good to boast about on your CV and in any interviews (employers have also been known to specifically ask for 1st times passes as a recuitment criteria)… but once you have more than 4, 5 years of quality WorkEx under your name these points just become trivialities and lose all significance whatsoever.
Of course, unless we’re talking about your F7, F8 and F9 exams where your scores will have an impact on what degree classication you will get, IF you decide on applying for the Oxford Brookes Degree in Applied Accounting (I’m not up-to-date on this degree’s specifics and requirements as I never pursued it).
FL Kaplan all the way.
Keep in mind, P4 will require a lot of exam-standard question practice. For practice purposes both (Kaplan and BPP) revision kits are good enough. I used both… didn’t feel much of a difference.
Well… Personally I found P5 the easiest of the Professional Level exams. But others hated it as much.
As far as P4 is concerned… question practice is essential. You can know the entire syllabus (course content) inside out but if you don’t put in practice hours, there’s a VERY high probability that you will NOT be successful… and I’m trying to put this across as subtly as possible here.
And even with all that practice… the exam day (like all other exams) matters the most. Which area of the syllabus is examined, what’s the difficulty of the question examined… a lot of things make up the paradigm. You can be examined on an area in which you might feel that you are very good, and still the question might be so tricky that you won’t even understand it in the Examination Hall i.e., under exam conditions (given that you’ll be badly crunched for time and *calm thinking* can become such a luxury at times that most of us can’t afford in there).
Most importantly, a lot of candidates feel that this paper has the luck factor as well… you think that you’ve failed it for sure and end up passing it with a score of 60+… on the other hand, you feel that you have done reasonably well, and only end up with a score of e.g., 28 or 30. Personally it’s the time management factor that’s the most difficult part for me, not the exam difficulty or the course content of P4. If you’re good with time management then I’d say go for it! But I already had a couple of advanced qualifications in Finance at my back when I attempted P4… so the type of difficulties that I faced might be a bit skewed in comparison to what you might face.
@nati said:
https://www.accaglobal.com/content/dam/ACCA_Global/Students/prof/p4/Exam%20docs/d15_hybrid_p4_q.pdfSo… Q1 & Q4 of September 2015, and Q2 & Q3 from December 2015 will be lost forever?
@weih said:
oh my god..realized my Q3(a) answer was wrong!! The hedging should be sell euro right? I answered buy euro..does anyone know will I get any mark out of the total 13 marks?
SO SAD..Relax! Even if you didn’t reach the right answer or make the right recommendation, the examiners score you on everything you do… from structure to calculations.
If you’ve manged to show on paper what you were thinking and what your process was then you will only lose a small proportion for not giving the correct answer or recommendation with 100% accuracy.
Bottom line, there are partial marks for everything that you do correctly… if you leave the answer space blank then that’s another story.