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I can confirm that ACCA do not charge you for the letter of good standing. However, the letter is pretty basic, confirming only the fact you are an ACCA member, the date you became a member, that you are in good standing and your membership number.
If you’re feeling really brave, you could even attempt the other two options papers that you didn’t have to sit to qualify as an ACCA, once you have qualified!
I think I’ll pass on that one though…Hi,
Maybe this thread might offer some explanationhttps://opentuition.com/topic/f8-exam-similar-to-sept-2015-sitting/
Hi Erica,
It took me 7 and a half years to qualify. I had to attempt F9 three times and P2 four times but made it in the end. The exams are not meant to be easy but nothing beats the feeling of finally becoming a full ACCA member.
However, you are still in the early stages of the ACCA and if you are already feeling substantial pressure/stress, maybe something like the AAT might be more suitable. The AAT can act as a springboard back into the ACCA, should you change your mind later on and is still a very respected qualification in its own right.
I did the one exam at a time strategy for the last few exams and found it worked well. Would you consider changing your tuition provider?
Hope this helps
MattI personally went with LSBF for my last three exams and was very happy with the quality of teaching. I had used BPP before that point but didn’t find them as helpful.
This is obviously subjective as I know there are many students and members who would have differing views.
I would suggest that you look at some sample ACCA lectures on YouTube from both LSBF and BPP in order to get a comparison of sorts.
It might help if you ring up the ACCA and ask them for confirmation of Membership. They can send out a letter by email (‘letter of Good Standing’) to you so at least then you can be confident that you have correctly transferred to Member status.
It’s an event that is held every December (or in the UK at least) for people who became ACCA members in that particular year.
https://www.accaglobal.com/uk/en/member/communities/celebrate-memb.html
Tizzler, the ACCA are only releasing papers online twice a year, after the June and December sessions. These papers are basically a combination of the previous two papers, so for example March/June and September/December.
There’s no 10 year time limit for the PER, but bear in mind that the PER content is changing in 2016:
I would probably say that P5 goes rather better with P3 than P4 does.
P4 – larger syllabus, a lot of number crunching and rote learning
P5 – smaller syllabus but the questions require a lot of thought and can be ambiguous at times!Yes I think you are right. I must admit I am not happy about that at all – but I live in Kent so didn’t have much of a choice unfortunately when it came to booking the venue!
Late reply I know.
My feeling is that you should go for the ACCA option. By doing the AAT up to level 4, I believe that you only gain ACCA exceptions from F1 to F3. However, if you decided to start the ACCA now, you could have sat and passed on average 8 exams in that time – That is over half way through the entire ACCA qualification!
However, the learning curve for the ACCA is much higher, whereas the AAT learning curve is gentler.
Also note that you can actually transfer to AAT membership if you complete a certain number of the ACCA exams but feel it is too much for you – https://www.aat.org.uk/membership/join-aat-from-another-professional-body
Hope this helps.
Cheers,
MattI couldn’t agree more. There is always going to be a certain amount of snobbery, especially from the likes of ICAEW’ers, which thankfully seems to be less nowadays. In the eyes of the law (UK), ACCA/ICAEW/CIMA/CIPFA all have chartered status.
Anyway, us ACCAs get an extra ‘C’ and can call ourselves Chartered Certified Accountants.
To pass 14 very hard/masters level ACCA exams is a massive achievement!
I have also just spoken to the ACCA and they say that the issue has been ‘resolved’ and they will be sending the certificates out this week…… but it could take up to six weeks for them to reach us – fortunately only a couple of weeks max for UK/Ireland.
It would have helped had the ACCA actually notified us that there was a problem to begin with!I think I’ll do likewise – if it arrives before then I’ll let you know!
PS – congratulations on qualifying!I agree with razor180, F5 and F9 especially have large syllabuses whereas the F8 paper is generally more common sense and less rote learning. Just make sure that you learn all of the models.
Hi, I’m in the same position as you and waiting for the certificate.
Is it best to just contact the ACCA directly if the certificate doesn’t arrive by this Thursday (give or take a few more days)?I would try the LSBF P5 standard revision course in London with David Laws and also make sure you memorise the models in the module. I did this and passed first time.
Hi Jemma,
I passed P5 and P7 and must admit they are a good combination. However, I did them one after the other, not both together. They are both fairly practical exams and the study material is a lot less than P4 and P6 but exam technique is even more important. In my opinion, do one at a time. Working full time and studying in your spare time is hard enough!
How did you find the time pressure in the exam? I found it tight to say the least.
Have you thought of going on a taught course or a revision course? I studied with LSBF and they really helped get me over the line.
Wishing you the best of luck for December. I am sure you will pass.
Best wishes,
MattWell done to everyone who passed the exam, especially to those who have now become affiliates! If you didn’t pass this time, don’t be discouraged. It took me 7 years to complete all of the exams and was definitely worth the wait and the hard work.
Yes, attempted Q4. First parts were ok, talked about what debt and equity were and the different ways of classing these (FVTPL, FVTOCI, amortised cost etc). The last part was more tricky trying to classify the B shares. May have lost a few marks there.
Q1. Was perfectly doable. The depreciation/revaluation part in the A section was tricky though.
Q2. Ok apart from the deferred tax part. Hopefully got some marks by defining it and working the basic carrying value and TWDV out.
