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Hi everyone. Glad you all got on well. Bits were tricky but actually I thought it was quite a fair exam. I liked the number of SFP workings in the I/S and I kept thinking of the easy marks for proportioning the sub and associate for 9/12 and 3/12 respectively. I think my NCI working was total rubbish. I thought the ethics question, principle currency and related party questions were opportunities to score really well. There was nothing in the exam that I had never ever come across before, but unfortunately you can’t remember everything, so I blew a few marks I really should have got!! I do not know I/S and particularly OCI that well so didn’t like 1b at all. I just didn’t get the strong hints they were making about the pensions, so I totally bluffed it, but just tried to use the question to answer it and hoped for application marks. If I was doing it again I would have spent a lot more time on the technical articles. I used the Revenue 5 step model for the inventory order in question one. The total sales were $22m (including the credit note) there or there abouts, so I proportioned each sale to the total and just said when they would recognise each sale- one was within a week etc. I used 3 booklets as one time I got 49 in an exam and I promised myself it would never ever happen again!!! If I have to write just one sentence on the end of every question for the last ten minutes that’s what I do!!!!!
Passed by the skin of my teeth with 50%. My normal tuition provider didn’t do P6 online so I had to use Kaplan for the first time. It was so thorough (to the extent that it was information overload), and I had to prioritise in order to cover everything, so hardly had time for any questions!!! Awful approach, it’s questions from tonight until P2 in December! Well done everyone and hard luck to anyone who didn’t get through. Start the past paper questions now and you’ll fly through in Dec.
I always found myself writing but never quite sure if I was answering what they wanted… will hope for the best but think I’ll be lucky to pass. Very disheartening as I worked so hard and learned so much. I just didn’t get through enough past papers 🙁
Pass with 64%. Delighted. Feel like it is easy to over study for this paper, they only ask about one or two models. I used just the OT notes and read them all through twice. They are simplified, quick summaries of everything. This is honestly all the detail you need to know. Don’t go investigating anything further unless it doesn’t make sense to you. Then I went through the notes again and wrote out every model I would need to know and made sure I knew them all by heart (there are loads). Only ended up being asked one or two but at least I was prepared for whatever came up, plus I had loads of extra knowledge of models to throw in and apply to the other questions. Honestly a good 50% of this paper is pulling information/hints out of the question and applying common sense. I left it a bit late to do loads of papers but I didn’t feel this affected my mark, there are so many models the chances of seeing the same question again was low I figured. Well done if you passed and all the best in Sept if you didn’t, you can do well.
Thanks Kairong! I will take a go at this. Just need to investigate which providers offer the UK variant :s
Good luck!
I had a disaster 2b, started answering the ethical issues of advertising etc, then realised it only asked for the ethical issues concerning relocation!!! Eek. Thought it was too good to be true! So scribbled what I’d done into the end of 2a then wrote 2b where I’d started addressing this (second) issue. Such a waste of time, nearly 1 page in before I noticed 🙁 Exam for me was OK but some bits I really had to wonder if I was answering the right thing, like the Strategic, Operation and Organizational Problems so just hope for the best! Enjoy your short break everyone 🙂
Thanks for this. Very useful thread. I am did P1 on Wednesday and am going to hope for the best and try P3 in March.
Mike, I used online lectures to make really succinct notes which I went over a few times and did as many questions as I could stick. At least two for every topic. But I did them well so I didn’t do every available question by any stretch.
I used the Kaplan exam kit which was great. It saves so much printing and poking through stuff. I didn’t open the textbook but apparently a lot of the extra stuff in them is great for the MCQs.
I should mention the first sitting in June I failed BADLY (36). My most significant change was doing 1 exam. I was doing 2 and passing 1. So say I got a 50 and a 40. I was learning 90 marks of information and still looking like a very average student! With the new quarterly exam I was able to do 1 well and still proceed through my exams at the same pace.
Now ready to hit work and the books with renewed vigour!
Good luck all- from a very average student!!!
Sonyam11 just wait for your email. No point assuming anything!
Got 71%! Delighted! ? Second attempt so anyone who doesn’t fair well, back on the horse And see you in December!
For me I’ve found it hard to start work when o wasn’t sure what exam I would be working towards, so P1 starts tomorrow ?
Back to back papers are rarely very similar (where ‘choice/option’ questions are included). The common sense approach seems to suggest the ACCA are trying to avoid us all looking at September and ruling out topics accordingly for the next sitting. Therefore the ACCA statement that the approach, “highlight[s] clearly the resources that add most value to students’ exam preparation” seems appropriate when considered long term.
I highly doubt anyone could conclude the change was to do with the time taken to upload a few papers on an already overloaded website.
Nb this in no way suggests I agree with the approach.