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Oh wow, reading some of the comments i’m starting to question if i’m delusional or if i actually did well. lol I appreciated the fact that we didn’t have to comment on de minimus limits or AEA etc. I saw it as the examiner helping us by not worrying us with the smaller parts of the question. And focus on the main areas of the question.
I actually liked this paper, it did heavily focus on IHT but my Kaplan notes said this is a very strong area of being questioned. I revised this on the day with previous knowledge vaguely in my head. It also focused on areas that were not normally focused on. Again, i liked this as my knowledge is broadly better in these areas. The Vat de minimum question and capital goods scheme through me off alittle, i haven’t studied this for a white. However, overall i feel like i did well on this paper. Saying that, my technical knowledge isn’t the best. So, it’s hard for me to say if i actually passed it or not. I am going to be surprised if i fail. With these exams they’re hard to predict.
I also made the mistake of spending too much time on Q1. I thought i was managing my time well but realised i still had parts b and c of Q1 to do! So that made me rush the other questions. I understand ACCA wants to test our time management skills, however breaking Q1 into 2 questions isn’t going to change the ability level of the paper. Maybe we should suggest this to ACCA….
I will probably spend the next couple of weeks reading my notes and doing some ‘soft’ studying on ATX, just incase i have to resit it. That way the knowledge will still be fresh in my mind.
My plans are to also refresh my knowledge on the papers leading upto SBR. Then studying SBR. Once that is done i have AAA left. All these 3 papers are resits for me.
Hopefully we’ve all passed! I want my life back. lol
Reading some of these comments is making me feel like i may have failed. Lol Oh well. A possible resit in September 2022 at the worst right now. The syllabus is too broad. Time is always an issue, however compared to the previous exams on the ACCA website the format of the exam was easier to follow and the question did indicate which specimen to look at, if the question was general, etc. I’m not sure how to feel after the exam. I’m just happy to get it over and done with, for now!
Hi Mike, I have this same question. Is there a quicker way in the exam to work out the x 1/1.10 5 times rather than typing it in 5 times on your calculator?
Me too. But don’t give up. Take a break for a couple of weeks and then try again. You’re probably drained from the mental exhaustion of this long qualification.
failed by 3 marks. i must admit i didn’t do enough exam prep but thought i’d pass as it was a resit! grrrrr!!!!
My mock exams I was getting around 70-76% in the exam I got 67%
Definitely learn the text but don’t memorise the cases. Just understand what they are trying to say. CBEs are definitely easier than written papers.
The exam gives clues by capitalising certain words in the first part. In the second part you will find hints to answers. Eg. the first question will ask you to define something, the third question will then tell you the course of action which will help with the definition.