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Shaunboro said
I am hoping for a pass, answered all questions sensibly enough but perhaps lacking in detail. I studied hard, so I know that I will not be letting myself down in that regard and if I need a resit its not through lack of effort.
You sir, just did a synopsis of my feelings after the paper.
@tzxsean said:
how severe will I be penalised if I just use SWOT to analyse 1a) ?PLEASE!! like the comment above tells, try to understand that what the examiner means is for you to “APPLY” your knowledge . It totally based on your choice as long as its valid and relevant!
I cant believe you passed all these papers and at p3 ur thinking PENALIZE. Geez! theres NO negative marking AT ALL in the whole of ACCA at any paper / examination level!! WOW you must have had quite a hard time expecting passes then 🙂 haha .regardless of whether it is the correct model to be used or not
the examiner asked for frameworkS or modelS
@macg said:
Hi, can somebody please remind me of the exact question 1 (b) requirement ? I wrote a report on the 3 parts of strategic choice – basis of com, strategic direction & methodology. I did not use SAF unfortunately, did anybody else take my approach??It had two parts 1- acq 2- franchise. AND YES I DIDNT USE SAF either 🙁 I couldnt even think of it . Just made a dumb report assessing about 6 points for acq, skipped franchise and concluded (ran out of time ) 🙁 so yea this was my worst part of the paper rest was fine so hoping it wont become a curse for me ..
I think thats wrong/quote the article. Examiner doesnt HATE SWOT because Its part of the study guide. Infact SWOT seems to be the most effective model here in q1 (16 / 4 – 4each) as for all those who used PORTER PESTEL DIAMOND blah blah I think u guys just wasted a lot of time . I used SW and OT for internal and external and think managed well. I had trouble in 1b , but rest was good and hoping a pass.
I think the paper examines the application of frameworks. SWOT is not a framework you’re just naming the words in the scenario. Again we are examined in application of models.
what gives you the idea that swot is not a framework/model? the “WORDS” are infact an applicable tool for assessing env, as per the study guide. So is “SAF” AND and “TARA” (risk approach) etc. Anyhow I dont think we have to justify/agree on something amongst ourselves rather than convey it to the examiner. I just said using the models mentioned aren’t a charismatic element in answers since it eats up alot of time and definitely ppl mostly mess up the application of such models (NAMING them isn’t anything- unlike most candidates assume)
I just used a strategy to get that part done as quick as I could, as its given in marking scheme “1 valid point = 1 mark” thats all I need.
Hope all who deserve pass 🙂kiileo said 1 minute ago:
I know from an article the examiner hates doing a swot when not specifically asked. I avoided that!!!
I think thats wrong/quote the article. Examiner doesnt HATE SWOT because Its part of the study guide. Infact SWOT seems to be the most effective model here in q1 (16 / 4 – 4each) as for all those who used PORTER PESTEL DIAMOND blah blah I think u guys just wasted a lot of time . I used SW and OT for internal and external and think managed well. I had trouble in 1b , but rest was good and hoping a pass.
GUYS GUESS WHAT! I think i had the best P paper yet..It was such a little cutie!! Literally minutes before the exam I was shaking due to the difficulty of level set by this NEw examiner..I think God Mighty heard my prayers this time..Had a paper that I can hopefully say I SHOULD pass BUT
19 mark q1 (b) I just wrote all the EV and dec rules and talked about it..tried the working but I know I messed up 🙁 Still shouldnt fail me right 🙁in the last five mins I came back to do the APs, calculate profit and sales % variance..
i found aabout 5 or 6 aud risks but mostly they were general (first year audit, blah)
not really ALL about the matters but I talked about LEASEs, Dev Cost, New Business and Warranties..I know I missed like 80 percent of the whole thing there 🙁
did any one else observe the UNMODIFY EMP OF MATTER / MODIFIED EXCEPT FOR MATTER too often in q2 and 5??
The careful “cynic” selection of tricky words in q1 part a got me.
Perform ANALYTICAL review…OK APs come to mind but on What? the financial statements, or the adjustments..
oh gee what a sucker. that totally had me. I realized what it was all about but, already too late. Did some bits and moved on to the next. Thankfully did every other part of all other questions. hopefully a pass 🙁 If only I could just put some damned % variances up 🙁mekaal said 1 hour, 37 minutes ago:
freinds these kind of papers have now become like a one day cricket match.a best all rounder might be out at zero at the first ball..most important thing we shud realize is to treat such papers like one day cricket match if we got out at the first ball..we shud give a sweat smile and come back to our homes…
Seriously the best message ever! I wonder what am I doing with this qualification. The whole system is cracked I mean any loser with some luck can pass 1rst try and some one who hadn’t slept in 2 days studying can’t muster the pressure.
And why all the weirdish changes THIS time.
I am hoping a pass, I didn’t do well on q1, maybe I might score 5 – 7 marks on it but even if I do I think I will pass. Rest depends on judgement on examiner IF THEY THINK I LACK THE PROFESSIONALISM.whateverno, i also addressed the business risks related to the competition (loss of customers) and implementation of web site (if there will be lack of security, non-compliance with existing regulation on e-commerce)…
Thats what I did too. I just hope I get like 9 marks in this question (yes out of 25) but still I hope I can pass it. I hope the examiner doesn’t judge my competence just by the weird ANALYTICAL REVIEW part. It just confused me with all the adjustments.Never the less I sucked on it but rest was good I hope I pass really I worked so hard for this paper and I just couldn’t grasp the AN . REV part PLEASE DONT FAIL ME LISAAAAAAAA!!
1 @faisaltahir ..
was IFRS
false. it was reporting. rather easy about working papers, management reports and opinion.
2 @fundamentaldid anyone else approach question one by just tackling the issues for each of the notes? I’m starting to think that I’ve only really tackled FS risk.
Yeah I lost it there too, I went for the leases one but then I thought what the hell this is analytical review.. and then jabbered about general things 🙁 like first time audit, comparitives, etc..
so as ur suggesting, just follow the notes from OT or the video lectures too? I am struggling with what to start P5 with !! please help !
who used Harmon’s process start matrix for quest 3 part a..
I totally screwed up on the last part I defined the 4 elements and picked up points from the passage what may have been vaguely related but I think It was fine…also left the financial aspect of outsourcing in quest 1..
rest was goood
YAAAAAAAAAAAAAAAAAAAAAY
OPENTUITION GUESSES ROCKKKKKKKK!!!!!!!!!!!!!!!!!!!!!!!RIBBY IT ISS
thanks davis, do u know of any changes since the last attempt.
i hope i make it through this revision 🙁 it seems really hardI did write enough on several questions, and like I said the questions didn’t seem to trouble me alot other that One part of question 1.. I read clearly in the marking schemes that a mark will be awarded for every valid point! Is that a little vague? Do you believe there can be a scanning error?
mike! I thought about this.. thanks for replying but it so happend by the time I read ur reply I already annulled my p4 fee! Reason being I didn’t start p4 I havn’t as yet, and because of the OBU rap keeping me busy its hard for me to imagine how I’ll go thru it I am just scared of p4 its hard to find people to pass it first time
@ wangeelim
its really a far cry.. administrative reviews cost 52 pounds per professional paper! can u believe that!!! I dont think they’l ever think of considering my request! but maybe ur right I should try just
exactly my POINT!!! how easier it is to just tick or write the number! But I think the color bubbles are the made the only way to authenticate an ans since they will be the only things scanned by the computers?? thats total rubbish! waste of time/technology