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It was a good subject to learn and interesting comparing to the other papers. The factor which makes this paper easier than the rest is the quantitative questions, when I say easy I mean it is easy to score marks for the problems, even if our figure is wrong they’ll give almost full marks if the steps done are clear and the bonus is that one can score marks for the other steps even if they makes any steps wrong.
All we need to do is to make the concepts clear for eg. When and how to use futures, options etc.; How to calculate the gain to shareholders at acquisition, etc. You’ll discover more when practicing
And to those who fear self study will not be possible I have to say is that I passed through self study bad the only drawback I felt is that I didn’t know which area to focus more and had to look the entire text which is more than what’s needed, a good lecture can even replace the need for refering the text.
AFM is One of the papers which can be passed at the first attempt if the right affort is given.
Good luckThis is the reply to ‘ong’
I passed with 68% in the 1st attempt
First you should find the area you suffer from your past failures and my advice is to practice doing kit questions of different patterns, the kit I prefer is Kaplan, there are 80 questions and I did around 75 questions twice plus covered the text book in my 2.5 months time
Also don’t forget to send mock to ACCA, it’ll be send to you or enquire ACCA via mail, once you submitted the mock question paper, they’ll reply in 3-4 days quoting the areas to improve which is very useful, but the only problem is that the mock question used to be too easy compared to the real exam so never stop practicing even if you scores good marks for the mock, at the same time it also means that scoring 50 marks in mock will do no good and indicated that you have to improve more.
One request is don’t forget to post your comments like this, it will help others, helping others is never a bad thing