AFM*** ACCA P4 June 2017 Exam Results ***

Please,I just read your comment and I was touched. Don't be discouraged and don't give. Keep fighting. I wrote this paper 4 times. 1st attempt : 25% 2nd attempt :40% 3rd attempt : 45% AND 4th attempt : 50%. Now an ACCA member.

Please, don't give up. There is hope and you shall make it in the Mighty Name of Jesus Christ.

First attempt fail 39%. Exam was too time pressured, despite having done weeks of practice questions. Try again in December. Well done to all who passed, this is not a module for the faint hearted!

Those of my friends who are not able to pass this time rememer that at times Life may knock you down badly BUT the key is to pick yourself up and fight again and again until you succeed. At one time i was so demotivated that i left ACCA with 11 papers knowing that i won't be able to complete it, but resumed after a long period of time with new determination and ambition and qualified the remaining 3 in first attempt. Keep fighting.

41on first attempt only prepared in less than 2 months was cought up in question 1 didn't have enough time to do q4, my advice to all making second attempts please do the question you are comfortable with first and don't worry about finishing numbers you might not get right.

Hi everyone, congrats to all who passed!!! Please give me some advice on how you passed P4, this could be helpful for students who are going to sat for this exam in next sessions. Thank you in advance.

Hi indianjoe777, For P4, I was really discouraged after failing on my 2nd try, so for June exam (my 3rd attempt) i sought to clarify all my doubts for each of the syllabus areas. I divided the syllabus into 4 areas and revised the techniques required based on the lecture notes from my tuition provider. The 4 areas are: i) investment appraisal - overseas NPV, APV, project duration, modified duration, etc ii) M&A - valuation methods (FCF, FCFE, P/E ratio, DVM, Net Assets valuation, etc), modes of payment, restructuring methods iii) options & hedging - Black Scholes Option Pricing model, FX & interest rate futures, options & collars (short-term hedging), swaps (long-term hedging) iv) written areas - risk management, technical article topics, report format for 4 presentation marks etc My weakest topic was hedging - OT video lectures & study text were very helpful in explaining how options and hedging instruments worked. After revising techniques, I attempted past exam questions to get used to the examiner's style. While reading the questions, I made sure I could identify the topic areas and likely calculation techniques required. Very often in exam, the techniques are not stated but there will be keywords in the question scenario that hint at which techniques to use. After that, I did questions under exam conditions to train up on my time management. 4 presentation marks - I familiarised myself with the different template styles for report/memorandum/discussion paper/etc by referring to past exam answers. Most commonly tested is a report to the board of directors. During question practice, i also practised how to layout my answers in the report format, with headers, paragraphs, introduction, conclusion, etc. As easypass mentioned above, during the exam start with the question that you're most comfortable with. This ensures that you have a higher chance of getting the easy marks and higher chance of passing! In the June 2017 exam, I did Q3, Q4, followed by Q1, as I felt that Q1 scenario was too overwhelming and it'd take me some time to understand it. Q3 & Q4 were more straightforward in comparison. Also, be disciplined and skip the part question once the allocated time is up (1.8min per mark). There's more great advice in these 2 threads which I found useful: 1) https://opentuition.com/topic/my-personal-tips-for-passing-p4/ 2) https://opentuition.com/topic/acca-p4-march-2017-exam-results/page/2/ I only passed on my 3rd try, so I believe that you can pass it too if you keep going! All the best :)

Hello chivonniesweets, Very nice advice!! Highly appreciated all the guidelines given above. Hopefully it will work for this sitting.

Congrats to you chivonniesweets!

Pass with 66% first attempt, self study, with OpenTuition and John Moffat's assistance!

Hi, The only thing I would add to chivonniesweets answer is that if you struggle with the calculations just improvise and analyse your findings even if they are wrong. I definitely got at least 5 marks for my analysis on wrong computations which helped me to get my 50%. Good luck and keep fighting.

@indianjoe777 said: Congrats to you chivonniesweets!

Thanks indianjoe777! Good luck to you for the next sitting! All the best to those retaking P4! You can do it! Almost there to the finishing line of ACCA!

@ge0rge26 said: Hi, The only thing I would add to chivonniesweets answer is that if you struggle with the calculations just improvise and analyse your findings even if they are wrong. I definitely got at least 5 marks for my analysis on wrong computations which helped me to get my 50%. Good luck and keep fighting.

I agree with you, ge0rge26 :)

@indianjoe777 said: Congrats to you chivonniesweets!

Thanks indianjoe777! Good luck to you for the next sitting! All the best to those retaking P4! You will nail it this time, you can do it!

@ge0rge26 said: Hi, The only thing I would add to chivonniesweets answer is that if you struggle with the calculations just improvise and analyse your findings even if they are wrong. I definitely got at least 5 marks for my analysis on wrong computations which helped me to get my 50%. Good luck and keep fighting.

I agree with you, ge0rge26 :)

Doing it in September. First attempt. need all the help I can get

failed 37%. im traumatised

Passed P4 with 60% and now an affiliate. Passed all of my exams from first attempt. I especially found F5, F8, F9 and P4 lectures really helpful (those lectures that I watched). Thanks Opentuition for your help on my ACCA journey! You are truly great! Best regards, Zhandos