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It depends what type of person you are and what work commitments you have. I work in a full time role, no study leave. For me i would not attempt to do more than 2 papers in one sitting, baring in mind that you need to have a social life as well as study and work.
However i’m sure many have done 4 in one sitting a coped fine,
I did mine with London School of business and Finance, Martin Jones is lecturer for P2 and he’s top class and the video lectures only cost £190, you get over 30 hours of footage.
It was hard, but reasonable:
Q1: SOFP 2 subs, 1 acquired from investment to control, bit in there about Joint operations, Financial instrument impairment, PPE Revaluation Reversal 35, Derecognition of financial instruments 9, Creative accounting Ethics 6Q2: Mix, Leases- Sale and Leaseback 7, Defined benefit Pensions8, Share based payments SARS 6 and Contingent liabilities 4
Q3 was running out of time, didn’t get a chance to read through,hence not attempting
Q4 Current treatment of Provision and New ED for provisions 18 marks for this then a further 7 for applying the knowledge written down to a scenario.
I know there was parts i messed up on or just didn’t know, but go through all the questions, hopefully done enough for a pass. Just glad it’s all over
P6 was very hard, From the F papers i would have to say F7 purely becuase of time pressure.
I think most students at some stage of there study will take at least two papers at one sitting maybe even 3 or 4. The only advice i can really give is it is much easier taking a numeric paper and a theory paper together e.g F7 Financial Reporting and F8 Audit. Don’t be shy to try two or more at a time even if you pass 1 and fail the other one, you just retake at the next sitting which you will only need to refresh yourself weeks before the exam. Good luck.
Buy the exam kit and practice, Make sure you review your answers against the examiners answers, That way you can see where you go wrong and what method they use. Once you have mastered how to do it for one you should be able to apply the same principles to each question.
There is no real secret. Just go onto your TDM in “my acca”, Have a look at the objectives and the criteria that has to be met to achieve each objective. Pick one which you think you have achieved and answer the 3 challenge questions, just remember to make sure you meet the criteria with your own experiences. If you find you can’t meet some of the criteria, you should ask your mentor for tasks to help you achieve your objective.
With the F9 paper you will always get one question on discounted cashflows and one question on working capital. Once you have been through all the material make sure you purchase the exam kit and practice as many previous questions as possible. All the questions are just recycled when you have done enough of them you know exactly how to approach it in the exam. This will be half of the marks, You still need to revise all the other topics but if you can master these two area’s you have basically passed after only two questions.
All i would say is F7 and F9 together would be a challenge to do together both are numerical, If i study 2 together i find it much easier for a theory and a numerical paper.
Don’t think you really need F7 knowledge to do F8, Maybe a bit but you could say that about all the F papers as there are a lot of cross overs.
Out of all the F papers i found F7 the most challenging the only one i had failed at first attempt, Time in the exam was the biggest factor, But everyone is different.
On the basis of what you have said i would do F3 as you need this knowledge before you tackle F7. Then do F8 and F9 together followed by F7 after.
I am only part qualified at the moment but already at this early stage it has given me the edge over colleagues and other candidates who are very good at there jobs but just don’t have the qualifications.
When you qualify there are so many different options Financial Controller, Auditor, Tax Specialist, Investment Specialist, Statutory accounts, Management Accountant. However you don’t just have to stick the accountancy based roles as strange as it sounds. The skills you learn in ACCA will help if you want to be a company director or if you want to run your own company. ACCA is a global recognised qualification which means there will be opportunities to work overseas if you wish. So once qualified there are so many different options, There are probably plenty more that I haven’t even mentioned.
Not 100% about CAT, Perhaps someone else could talk you through the options on that.