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Did anyone include the sale of subsidiary eur 20m into the forecast as at end 2017? For q1 part ii? I did…..was I right to?
I’m pretty sure it’s the exam that isn’t adequate and not the students!!!! Please don’t give up at the very least study another paper!
The only thing worth while would be to attend the new office at the ACCA office in London. Perhaps the visual impact of student displeasure might make them realise this is a serious problem not just annoying niggling complaints.
I too feel surveys emails to ACCA will fall on def ears…as long as they get people sitting P5….uk light take action, globally it’s hard without a petition which ACCA recognises.
I know the theories…basic for most of the knowledge required…I don’t think the basics will prepare you!!!! Who has time to think outside the box when we are inside a box in a very pressured environment. The examiner must have spent days coming up with the paper perhaps longer and we have to match his knowledge standard in a short time, no can do!
I am pleased people think it can be simple but honestly I don’t get this confusion in life to life situation and don’t recall any other exams being this complicated.
I sat P4 today…it’s hard not easy but that’s what I expect of the exam and it was confusing but I had some sense of what I can and can’t do….with P5 I already know the answer without receiving the results!
And tbh not everyone thinks like the examiner…it doesn’t feel like it’s testing topic knowledge but rather assessing if students can keep up with the examiners expectations…..it’s examiner defined not performance defined lol
I enquiries about complaining and about a questionnaire or a poll for feedback for P5 from students and this was the respone :
‘ACCA students have the opportunity to provide feedback in the Student Survey that is expected to be issued week commencing 21/03/2016.’
I suggest everyone who knows anyone doing P5 to fill it perhaps then they might take notice and suggest sitting another paper!!!
Hi Ken
Thanks for the response…I read an article too about ACCA wanting a higher pass rate…frankly with P5 the time requirement and complex paraphrasing and question demands it’s a bit of a no hope.
It would be a struggle on a good day let alone exam condition to pass that paper. I feel confident even tutors would need re-read the data and questions quite a few times to really engage what is required.
Sorry I meant same standard for all the P papers.
It’s not really proving anything with exam technique apart from it’s going to cause major problems for a lot of the students.
I’m thinking of trying this paper one more time if I fail then…then I’m changing the paper for sure as I do not wish to spend years on something which in my opinion is not going to make me a better accountant…I got real life experience to do that and I feel highly confident in real situation you can obtain and decipher information a lot easier as normal people are not so complicated like the examiner can be!
Hi Ken
Thanks for the response…I read an article too about ACCA wanting a higher pass rate…frankly with P5 the time requirement and complex paraphrasing and question demands it’s a bit of a no hope.
It would be a struggle on a good day let alone exam condition to pass that paper. I feel confident even tutors would need re-read the data and questions quite a few times to really engage what is required.
Sorry I meant same standard for all the P papers.
It’s not really proving anything with exam technique apart from it’s going to cause major problems for a lot of the students.
I’m thinking of trying this paper one more time if I fail then…then I’m changing the paper for sure as I do not wish to spend years on something which in my opinion is not going to make me a better accountant…I got real life experience to do that and I feel highly confident in real situation you can obtain and decipher information a lot easier as normal people are not so complicated like the examiner can be!
Exam results will be released week commencing 18 April 2016
For others don’t give keep trying!!!!
You should see the pool….it will
Give you a strong indication and shows which questions came out!In terms of complaining I think we can email ACCA on this complaints@accaglobal.com and link the forum so they get feedback. In the email express our concern and say we wish for some action to be taken or we are changing the paper not sitting blah blah so at the very least they are aware of our concern.
To those who are optimistic about passing, I wish you all the best but please don’t think we are whinging…people pay money spend time to be treated fairly, for ACCA to show respect and address students needs and development. Passing this paper will not make you the best accountant nor will it make you ready for the real world. It does not depict reality…passing this paper will please the examiner the most. Out of the ACCA world you’ll have to pick up skills and knowledge which ACCA don’t teach you. ACCA knowledge gives you the groundwork for better understanding so when you do come across these scenarios you know what is going on even then you’ll have to brush up on knowledge unless your very good at memorising.
I have been working for a while and I don’t even use my knowledge of ACCA to full extent it’s not required….I hardly use it in a complex form…that’s just reality of commercial working environment…maybe it’s different at practices etc but I’m sure the training is more effective than knowledge for passing an exam as your practising constantly. ACCA are there to prepare us and not to ensure we mastered the knowledge techniques before we even learn how to do the job!
I emailed ACCA exam operation people perhaps if everyone got together then perhaps ACCA might take notice.
Yes it was good to know that I’m not the only one who thinks something is wrong with this exam paper….it’s way too complicated and in real life you would use so much support from theoretical to mentor to senior management. No one not even CEO do the work by them self it’s not possible otherwise it would be a one man team.
Anyway I thought Dec paper was better and I felt really confident and failed with 48%.
There is always that thought in my head somehow people have managed a pass, don’t understand how. Like some people have already said, done the revision exam practise got the knowledge under my belt but I melt in the exam because it’s twisting too twisting trying to decipher in 3 hrs.
One more attempting if I fail then I’m switching to auditing or tax and I think tax would be easier as the rules have to be remembered by heart that’s all no room for deviant text……but you never know!
Also that $5 for wastage….we are not even told how much waste would occur…I don’t think its $5 per unit. We were not even told his full capacity, only how much units his planning to produce…then as usual….confused…am I suppose to calculated expected profit…if so why am I given the profit?
How do I calculate the maximin, mum, regret when the values are already confirmed lol ive lost the plot…..I need to revisit. I think Q4 was the easiest by far in this paper. Q1 was good standard but time management was a let down.
I think the teachers need to be more savy with the teach methods and approach with P5..the examiner is obviously trying to make us think outside the box a little…..not happening in an exam!!!
I think this exam is beyond logic!
I get it, the examiner does not like students regurgitating textbook answers, however, I do not expect examiners to through in so much confusion, students are not expert like him/her who have spent years absorbing them self in such knowledge.
Its almost like, we have to think like the examiner in order to pass but that’s going beyond the need for testing in this situation. We are students who require basic knowledge which will be developed through experience as well text books!!!
Extremely time pressured each question, had same amount of data to read, none of the other exams I sat in were this frustrating. I am sure this examiner would not do well in his own exam if he was in our shoes!!!!
ACCA should send out a “helpful” survey so that students can provide feedback….I do not feel I need basic knowledge to pass with 50% in business analysis, I feel like I need to have mastered the knowledge of deception within a novel to perform well.
Anyone up for petition to show ACCA that there is serious concern with how the exams portraited out……I guess ACCA defense would be “some pass”. I don’t know…its starting to feel like a money making exercise with more sittings and more failures lol.