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Lets hope the marking is fair. The last sitting I got 40 and thats without doing the report or finishing the calculation in question 1. This time I was able to complete question 1 but I only did half in each of the option. Hoping for the best. I am ready to be done with ACCA exams.
This is my second attempt at this paper and I have to say P4 is the mother of all ACCA exams. The topic on the whole is not hard because these are things that happen in every day business/companies, but the setting of these papers are beyond ridiculous to attempt in three hours. If the examiner is going to set these types of papers , the least they can do is allocate more time to P4.
Most of the students have reach this far only to be stomp by P4. Something is wrong with the way this paper is set if so much students are complaining. We all can’t be wrong. ACCA should really look into this.
I know my NPV figure is wrong, there was just to much coversion and inflation and large figures to even contemplate a right NPV. I am banking on the method marking to score points. As for the option question didn’t do so well. The option questions were harder this time than the last sitting.Hi,
If you look back at the question it stated that the company credit rating would increase from BBB to A+ if non current liabilities were reduce by 70%. Therefore the original 42m×30%=12.6m.
Hope this helps.
Hi, I am definitely interested. Where do you live and what is your time difference. I live in the Caribbean.
Pass 53. Thanks open tuition and thanks john. I really enjoyed your lectures, they really helped a lot. You helped me to understand the difficult topics like futures contracts and CAPM as well as WACC
Pass 54.. took me a long time to look at my results, wasn’t sure I would pass. Audit is such a tricky paper. Any way I can now focus on p1. I have already listen to mike lectures for this course. Plan to listen to them again I want to do really well on this.
Don’t worry del I chose money market hedge as well. It did look strange to me because in all the practice question forward exchange always seem to be the better choice.