Forum Replies Created
- Posts
Hello all.
I am not sure why so many of you have a problem with it? I dont want to sound like Mister know it all but I have completed all of mine already and found it quite straight forward following the questions. The only part I struggled with was adding extra sentences to make up the minimum number of words – what a nightmare.
In basic words, whatever your PER is, just recall some situation, process etc. to that particular requirement and describe in your own words what was the challenge you faced or what you were required to do, what steps did you take to complete that, how did you plan your course of action, what, if any, obstacles have you faced on the way and how have you tackled them. And finally what was the final outcome and what, if anything (if question asks), have you learned from that experience, whether it is a technical or ethical PER.
Good luck all!
Pawel
@Suhail, I am somewhat glad I see the limits divided by number of qualifying companies in the group. I was self studying from the book with rates valid until the June 2016. I knew the rates will change from this sitting but thought of reading acca update on the changes and was confident that in the exam can just use new rates given in the first few pages. But I have to say, half way through the q1 i realised corporation tax rate was flat of 20% and nothing about marginal rate or standard fraction. It threw me slightly off, making me think that not uust rate changed but the whole way the ct is computed. Can anyone confirm that? Are there still upper and lower limits? That would probably save me few points and any chances of passing.
I assume the country you are in do not do September exams yet?
In terms of papers, you need to assess all the previous papers linked to professional ones that you are attempting and how did you fee about them. I personally struggled with f7 and so attempting p2 was dreadful but because I attempted it on its own, I passed in my first attempt. So, if your f8 is still fresh and you did ok with f6 and f7, you could give it a go. Otherwise I would suggest rethinking p2 as it does require many hours of preparing.Just an update – I will be sitting that exam in June 2016 so anyone after successful March exam who thinks of throwing the books away please let me know.
Lotak, I am in a similar boat as you so when I saw your post, I was hoping the replies would reassure me in a way as well. I was attending classes for all papers except options. I sat p7 in December and it was the first self study for me. I passed and from this experience I could not agree more with you that it is in a way much more efficient than having group tuitions. However, Open Tuition does not have study materials and video for p6 which I have now signed up for in June. I need to buy materials so let me know if you use bpp and find them good.
Best of luck.
Pawel
Robert, I disagree with you to some extent. While the first nine compulsory PERs are quite easy to answer, some option ones require work specific experience and if someone works in a very narrow job role, they might struggle to come up with real life experiences. I had a colleague, working in finance for several years that was not able to complete them all due to lack of experience in certain areas.
@acdfg said:
yes i am also self studying.Hi, sorry to undermine your confidence but firstly you have not done p6 self study yet but just doing it currently. Therefore, and secondly, it does not mean that this is a sensible way to go (which was the question asked) so for me your answer is of a really low (if none) assurance.
Well done to you! I am going to attempt p6 but in June. I found both f6 and f8 quite for me hence options choice. I heard that both p4 and p5 are quite difficult (perhaps too technical?)
I had a different approach the day before the results were announced. I was convinced I failed having to run out of time during the exam and not answering everything I could. When checked at night I had to check again in the morning in case if it was just a dream.
By the way, I am surprised that everyone says they are (or are one step away) from becoming an affiliate. Surely there must be someone who has already completed their PER and ethics modules and work experience so finalising their exams will get them a member status? Unless I am missing something there.
P6 syllabus as per ACCA website.
“For UK tax papers, examinations falling within the exam year 1 April to 31 March will examine the Finance Act which was passed in the previous July. I.e. Exams falling in the period 1 April 2015 to 31 March 2016 will examine the Finance Act 2014. The June 2016 exam will also examine the Finance Act 2014.”
So proud of myself! First attempt and first time self-studying. One more option to go before becoming a member!
Thanks Robert. I think I will go for P6 and P7. As i just studied p1 i am wondering whether its better for me to take p7 in december as it could potentially have some areas in the syllabus catching those of p1 (internal controls, internal and external auditors, risk management etc.) but i need to go over the syllabus first. Otherwise I would go for p6 first so it would be a nice change from learning pure theory. However, with p6 i am a bit afraid that it would require some tutor approach since its theory and numbers question. Anyhow, would you recommend kaplan materials for these or any other provider and how to actually obtain them? Perhaps you know some website I could get second hand books?
Hi mariannajane. I found p3 tuition and revision very helpful. Both were lead by David Laws who has a great knowledge is very approachable and what is important for me, does leave some room during his lessons for questions and brief discussions about the topic, even if they sometimes cathc very detail of the chapter. Unfortunately I cant say the same about p1. John Cope who was my tutor has definitely the knowledge but i find his style of tutoring very unappealing. Going through the notes with almost a several hours monologue (i attended weekend classes) with no interaction or students’ engagement with the subject but listening and noting. What was distinctive is a way his notes look which is trees for each matter that look literally like a genealogy tree. I think this isnt helpful when revising so I had to make my own notes from scratch based on the study materials I had.
I have a similar approach with trying to cover the whole syllabus and when i read so called predictions, I just smile. Even if something will not be repeated from the previous sitting, it doesnt mean I dont want to know t for my own benefit. Of course by saying this, I would do it to the extent of how much time i have avilable etc. i had few resits but mainly due t lack of preparation. I think lsbf (my school) is generally quite good and in some cases excellent that i can truly recommend – e.g. Martin Jones for p2 but i need go over p7 syllabus to see the audit scope because i found f8 quite ok and like the subject so perhaps would have better chances of succeeding in the exam. Not really keen on spending over £1k for each paper (p6 as well).
Carl29, many thanks for your response. It is interesting to read your learning path. For me it will be almost other way round. I thus far had attended both – tuition and revision for each paper, except f1 which i was exempted from. My worry is that i will find it too difficult changing suddenly to self studying, especially for the last and most demanding papers. If i put lot of effort and fail, it my knock my confidence down. I dont really care for the exam and study materials fees as the risk is probably still worth taking in case if I pass.
I understand privacy policy but if the person has the account on here, whats the harm of asking them through message if they would like t answer few of my questions on this frum? Of course, this is also only if you would be kind enough. 🙂
Oh, and thanks for your input, much appreciated.
I am sure there are many that didnt succeed but I would like to hear from those who did about the challanges they faced etc. rather than just saying, yes yo can because i passed. If you could provide a contact details for the people mentioned in the article under the link you provided (especially kayleigh), that could be very useful.
