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- September 7, 2015 at 9:55 pm #270296
The examiner is purposely leaving traps and sly wordings for students to trip up on. In Q1 of June 2014 paper he refers to “estimated that half of the marketing spend of $7.638m is building the Cantor brand long term”
He has said estimate so firstly why would we use this as part of capital in the EVA calculation when the requirement doesn’t make a reference to “estimated EVA” but just EVA. Students are thinking of exact and actual figures here.
Secondly in the heat of exam pressure “long term brand” isn’t going to trigger anything in their minds about capitalisation.
His wording is terrible and leaves the majority of students baffled.
He is a horrible sadistic man
August 6, 2015 at 12:29 pm #265871OK so I failed P6 horribly….I’m really confused as to what to do. I do not think I have the energy to study tax again, but P5 was like bashing my head against a brick wall. But i just feel so hopeless. ACCA has well and truly broken me down
June 23, 2015 at 7:02 pm #258617Yes a break is what I have been advised but on the other hand I have become disillusioned and very bored with finance also. Long term I want to try and get out, I am pushing myself over the line literally for the sake of it. Made bad choices to just do something to put over my degree when starting ACCA.
I am thinking about going back to p5 as the module isn’t as big but the examiner asks things in such a cryptic way and the exam itself is like a riddle.
I think I would need some personal tuition to do this with a recommended tutor for P6. As on my own this feels impossible at the moment
February 24, 2015 at 9:11 am #229890Hi guys I think based on the majority of responses its time to write a letter against the ACCA. The papers at option level are written unrealistically across the board I feel. P5 however is the worst I feel, in terms of the way the questions are asked and material is examined. Please send your membership number and name to my inbox so i can print and attach to a letter to the ACCA.
February 8, 2015 at 11:51 am #22671148 after working so hard for this exam.
I will be starting a petition to the ACCA in regards to this exam and examiner. I think the ACCA have become a shameless money making business. They swell their membership for exam fees at the earlier stages, then at professional level the papers become unreasonable.
Please reply/private message me if you would like to join this petition.
December 6, 2014 at 12:14 pm #218853Yes no marking is generous here. He will complain students are not reading his requirements clear enough and will be very patronising that it was clear what was required when he writes examiner reports on the papers.
He induces students to panic and second guess what they have written with the layout of his exam. He purposely gives low mark allocation to topics which you could write pages on and high mark allocation to subjects which you think how can I generate more than a few marks from this?
December 4, 2014 at 11:29 pm #217748Scanning through this forum. Yet again I am seeing the same themes of too time pressured, unrealistic and cryptic question requirements….see my thread on pass rates & new examiner. Think we need to say something at least, just to get our voices heard
December 4, 2014 at 4:26 pm #217453We all feel the same way. And to the team, I feel I am being civilised and professional, but I also want to convey the students frustration. I have heard a lot of fellow students with more uncivilised comments in regards to this exam!!!!
December 4, 2014 at 3:53 pm #217425Hi all. First question was marginally better but yet again section B was terrible. Down to the examiners awful wording of questions and mark allocations! The lower weighted questions seemed like they were not given appropriate mark weighting whereas the requirements with higher marks seem to have barely anything you could write to fill up the marks!!!!
Question 4 had barely any detail to go on!!
It is definetly time to write to the ACCA with a petition, as the examiner does not seem to be a competent examiner. The way he writes his exams induces students to panic and second guess what they have written
We have had enough!! The examiner has caused many of us so much misery and stress having to retake this exam again and again.
I will be drafting a formal letter to the ACCA and post up the link for signatures.
December 2, 2014 at 9:45 am #215804It is still Alex Watt
December 1, 2014 at 8:04 pm #215438You are not alone. I work in an FP&A department and this is the natural choice for me. There are a huge amount of students who feel this way. They cannot keep blaming us when the overwhelming majority feel this way!!!
November 30, 2014 at 10:14 pm #214914I definetly feel the students need to voice their opinion to the ACCA. We all have exactly the same greivances!!! It’s no longer the case of “ill-prepared” students lashing out because they failed. We have worked hard to pass this. Why should a final level exam be more about exam tecnhique than content? Thats no where near fair
November 30, 2014 at 7:14 pm #214852I haven’t come across a p5 student who disagrees with me. Where in “real life” would you sit there analysing a set of perfomance metrics? The performance of the company is the key objective. So this “commerical aspect” is ridiculous to me. I don’t see how it relates to real life at all
August 12, 2014 at 11:00 pm #189751I am sick and tired of P5.
I fail every time with 45 or 46. I failed for the fifth time now, this is my last paper remaining and I feel like doing physical harm to Alex Watt!! Is this an ACCA paper or a test of how well you can decode his code language question requirements?? June 2014 was the most vague paper I have ever seen, he hardly tested any of the syllabus! No performance models, no transfer pricing, no corporate failure, no activity based costing….
I am fed up of the ACCA and was thinking about switching to P6 Adv Tax. This is a big module and I would need to learn from scratch, probably shelling out for tuition costs.
I am posting this to find out if anyone that knows a recommended tutor in the London area who they know is good on tutoring P5?? Otherwise I am ready to give it up, I have stuck with it as I have struggled with finding the time to learn a new module in my hectic schedule. But enough is enough. Any students looking to pick this one…DON’T!
29% pass rate?!?!? This is just ridiculous!!!!
June 12, 2014 at 12:26 am #176059Wish I never chose this paper. Attempt 5 for me, what is wrong with this examiner?? Over the last few years his papers are hardly examining course content!!! He spends his time creating obscure questions with requirements that, sometimes, do not make any sense at all. Passing this paper is more about decoding his Morse code way of asking the question.
Fed up of Alex Watt and this paper. Think I will switch to tax if I failed this time. Going through the forums, it looks like I am not alone in feeling like this.
ACCA need to fire this guy and hire someone who creates a more balanced paper which actually tests course content.All of you who are feeling hopeless, you’re not alone. To all those looking to choose this paper, DON’T. This paper is a f**king nightmare.
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