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62… very excited.
All papers completed now and PERS all completed… ACCA membership finally within my grasp!
61.. very very happy considering I knew next to nothing about P2 at one month before the exams.
I’m done with ACCA now, PER has been completed a while ago so expecting my invite soon!
For someone like me who a month ago used to break up in a cold sweat at the thought of P2, this wasn’t as bad as I thought it would be.
As at last month, I had already planned to just attend June sitting, knowing I was no where near passing it, but I’m slightly hopeful.
I was prepared for cashflows… I had ranked them 1. Cashflows 2. SOFP 3. PnL and to be honest, PnL would have been a disaster for me as I never got round to mastering it.
Already planned not to do number 4, so didn’t even look at it.
2 and 3 … you just had to get past all the waffle… and make some sense out of the nonsense.
Time pressure is crazy… all that answer plan stuff just goes out of the window! I attempted all questions and I just hope I have done enough to get 50 marks as this was my last paper.
It was very time pressured… you had to be absolutely disciplined with your timing. Luckily, I had a digital watch, so calculated my timing down to the precise minutes. Finished (well, my idea of finish) most of it. Hopefully, I’ve done enough.
Just to add… if an idea seems silly, but younhave nothing else, write it down anyway. If there’s nothing on your sheet, there’ll be nothing to mark.
I wrote P3 and P5 last December and used this same approach as I could hardly understand the questions…. I nearly fainted when I scored 73 in P3!
Not sure what to say, but I think I feel the same way. Just hoping that during the exam, I’ll be able to think!
One thing I plan to do is run through a list of all the standards very quickly in my mind as I read the questions and pick out as many as are applicable. E.g if they mention sale of an asset, think AHFS, risks and rewards, revenue recognition etc.
And once that’s done, pick the most relevant ones and start from the basics- discuss recognition, measurement as appropriate and then somehow, tie it in with the case study!
You’ll just have to open your mind up, and write write write… let the marker pick what’s relevant to them!
Hmm.. never heard of that before.
I got the first intuition online revision package last month for £295 and that was when I began to understand anything in P2.
Try them out for an hour and see?
Passed with 55%… was already planning a March resit for this and P3 which I scored 72%.
Thanks OT, the notes are very concise and it allows us spend more time doing past questions, I didn’t use my BPP books at all, too big, too detailed.
Not sure what they found to mark, but 72% in P3 and 55% in P5…. both on first attempt. I was fully ready to rewrite both in March.
Thanks again to Open Tuition, if I had discovered this site earlier, I’d have finished ACCA many years ago as I passed P1 in June 2010 and then gave up for a while. I’m definitely on course for a 2016 finish now 🙂
I agree.,.,.,. total disaster! I did question 3 and 4, just kept waffling on… even I wasnt confident I was answering the questions. I’ll be surprised if I scrape up to 50 marks to pass this.
I think this is to do with reporting i.e. things to consider:
Purpose
Audience
Information
LanguageI ran away from F9 (and ACCA) 5 years ago.. I entered the exams, but couldn’t sit for it as I knew I didn’t know enough.
I only used Open tuition lectures this time, and did some revision…all very last minute as I made a very rash decision to start my ACCA again. I’d been planning to rewrite in September as I wasn’t very confident at all after the exam.
Passed with 54%… skin of the teeth I know, but I’m just glad this is done! I can now face my last papers with confidence.
Thanks to God and to John Moffat/open tuition!!!!
Hi John
I answered this question, ignoring the lead time, as I didn’t know what to do with it. I got the 6000 correct, but just wondering why the lead time was included?
I know that lead times are relevant in determining minimum quantity, but I spent a few minutes wondering what to do with the information. Is it just a trick to make the question look tougher, or is there a rational for ignoring the lead time?