APM*** ACCA P5 March 2018 Exam Results ***

I think i voted twice, anyway i passed, just break even- Second P5 attempt, this time i used OpenTuition, and the result is here, am now an affialiatei will definitenaly make a donation! Big thank u OpenTuition, All the best to those who didnt make it this time, dont give up! God is Good all the time!

Think is the bit where it says create letter of good standing then you can print some letter to say your status or something like that..will be found under the address box on myacca

Passed 1st time with 51%

Passed 53 at first attempt. Moving away from Audit and Assurance paper which I found hard. That is me. Done and dusted. Have all experience req so welcome to my membership!!! Happy!!! It was longer than participated journey with working full time and being mum but happy I made it.

@bacdaukt said: couple passes P4 - 56 and P5- 51 - self-study study hard and right method ! u got this How to get the approved working experience for ACCA ?

I am about doing the same for June. Can you advice on your study strategy? Thanks a lot

Congrats for clearing P5 . What materials did you use mate ? I’m planning to do P5 in June . Thanks .

Congrats . Please let me know what material u use ? Thanks

Used opentuition lecture videos and also did all the questions in the revision kit for Kaplan. Passed first time but most of the answering is to do with understanding the question. Some questions in the past paper you think you know the answer then when you see the actual answer it is completely different. This exam is more about understanding then memorising. In march we had benchmarking, ERPS, EVA and transfer pricing, hardly any 'normal' models it was all understanding the scenario and talking about it.

@ds3ce said: @laima522 Thank you. I am sacrificing a lot of time and I watched the video for p5 resitters from the examining team, I watched my time management, I read and understood the Q requirements. All I was doing was past papers and Opentuition. I am going again in june but this time my focus will be on p2 as it is easier to pass and I will focus on my weak areas for p5. Things like porter's 5 forces etc I know inside out.

I spent a lot of time to learn ratios and when is the best to apply and why. I think it is critical for P5 paper as in every exam one or two questions are based on ratios, Eva, NPV and etc.

hmm, scored 41, last time 39 ...not giving up. I am sure next time here only i post pass notification of my P5

Passed my P5 and finally an ACCA affiliate. Thanks to OpenTuition!!

Congratulations to everyone who passed.. This is my second attempt with p5 and i did not pass.. I am really bummed out. I am planning to shift to p4.. :( p5 is one paper stopping me from being an affiliate.. So fed up.. :( demotivated..

how will you do self study while doing a 9 to 6 job, a mother of 2yr old child... this is what i' m doing now a days... I also want to clear/pass p5,. i have already attempted p5 in sept. 2017 and failed at 25 or 29.., now im planning to take another attempt in June 2018.. please give me some idea and helping tips to get pass by doing self study...

@essem said: Spending a lot of time revising ratios is not very good use of your time given there will be maximum 5-10 marks for this. By this time in your studies, ratios should be second nature

Well, it did work for me and as a result I am a member now. I of course, was focusing not only on ratios, but for March exam sitting did more work on these than any other models. Most of the models are the same; focusing on quality, performance improvements and etc. Ratios are used to analyse different things. A lot in this exam is common sense + general business knowledge. Pass is a pass and does not matter if it’s 70 or 51 :) I believe in June will be question on corporate failure and environmental reporting + costs given into account the recent issues we are currently facing. Best of luck everyone!

I feel your pain but don't give up

luckily i passed with 50% at my first attempt. left with one done P7 thrice with the result not encouraging. tried p4 which was a bit worse. Reverting back to P7 and seeing what i can do. Almost there. congratulations to all affiliates

they do, showing all the professional papers passed.

Another low pass rate for P5!! 29% again

I have had many attempts and finally passed with 54%! For those who wants to change the paper, please DON’T DO IT!! You have already spent so much time getting ready for this paper and all P’s are similar complexity. There is no easy paper at professional level. Firstly, you have chosen this paper for the reason and secondly, it would take you long time again to learn new paper. Instead I changed the strategy, I would fully write my answers to questions and would submit them to Mr Mustafa Muchhala for reviewing. It is very very important that somebody knowledgeable checks your writing and directs you. You can write a lot in the exam but completely irrelevant points which would not score you anything. It is just eye opener when you actually get feedback and start working on it long before the exam. First mock, takes you ages to write (forget about 3 hours) but as you practice you would write quicker and quicker because you would understand what you have to cut and where to concentrate. Even if you don’t have time to write fully answers, you must always plan what points you would cover and compare with answers. Not always your answers should be the same as in the book. As long as it fits with question asked you get score! Please try what I did and keep practicing questions with feedbacks , don’t change the paper! All the best for those who retaking again in July!!!

I completely understand you.I have a one year old and I work from 8 to 5pm each day.I had to do self study for p5 and I passed with 53 for the first time.Studying was not easy especially combining it with my baby and work but during lunch breaks I try to watch lecture notes on opentuition and I write salient points in my pocket notebook which I glance through from time to time at work and during the weekends I study too.

Hi Essem, Congratulation passing P5. Will you be kind enough to share your study methods and any study materials you have used. Greatly appreciated!!!

@essem said: Passed first time with 70% despite messing up the eva calculation. Spent around 40 hours working for this exam.

Hi Essem, Congratulation passing P5. Will you be kind enough to share your study methods and any study materials you have used. Greatly appreciated!!!

I am worried about the low pass rate for P5. I passed it first time in September 2017. Am now an affiliate after passing P2 in March 2018. My advice to those expecting to take P5 in future. Firstly there is that temptation of the similarity between P3 and P5. Yes the similarity is there in all those models like Porter, BCG etc. However P5 is performance management and the focus is now, for instance determining the measures to be used to measure and manage performance. For example if we look at threats from new entrants P3 focusses on how this affects the business strategy while in P5 one should find a way of measuring the level of the threats and possibly come up with suggestions for improving performance. These may be identified from the scenario and also think of other measures and suggestions which suits the scenario. Students should read technical articles and watch P5 videos on ACCA website. I am not sure whether its a technical article or a video titled "don't put your P3 head in P5 exam". That article or video is a must read or watch for everyone who wants to pass P5. Another issue is that of answering the question that has been asked and not what you wish should have been asked or what you know about what has been asked. Revision is also key and its always good to start it early. Try to understand and not memorizing things. You should also come up with a strategy of approaching the exam. It'd good to start by questions which are easiest to boost your confidence as you proceed to more challenging ones.Above all don't forget to pray for God's hand. Wishing everyone the best.

Thanks for this wise and well laid out thought process in approaching P5 ... one question tho what is the minimum time spent in revising this topic.also is there any special article outside of ACCA that can be used/read to gain a better understanding in approaching this exam.

@dinasul said: I have had many attempts and finally passed with 54%! For those who wants to change the paper, please DON’T DO IT!! You have already spent so much time getting ready for this paper and all P’s are similar complexity. There is no easy paper at professional level. Firstly, you have chosen this paper for the reason and secondly, it would take you long time again to learn new paper. Instead I changed the strategy, I would fully write my answers to questions and would submit them to Mr Mustafa Muchhala for reviewing. It is very very important that somebody knowledgeable checks your writing and directs you. You can write a lot in the exam but completely irrelevant points which would not score you anything. It is just eye opener when you actually get feedback and start working on it long before the exam. First mock, takes you ages to write (forget about 3 hours) but as you practice you would write quicker and quicker because you would understand what you have to cut and where to concentrate. Even if you don’t have time to write fully answers, you must always plan what points you would cover and compare with answers. Not always your answers should be the same as in the book. As long as it fits with question asked you get score! Please try what I did and keep practicing questions with feedbacks , don’t change the paper! All the best for those who retaking again in July!!!

Hi Dinasul, Can you tell us something more regarding your cooperation with a tutor? Was the specific package you bought? Did you submit your answers whenever you wanted and for the questions you wanted? Or were you navigated/guided by him every week?

why do i had to fail at 48 :(

how come ?, its so happy to hear that you have passed it and also with a wonderful marks, i have flunked it at 41, please would you be able to guide me please?

i have failed it at 41, first attempt and self study, even though i have done everything to pass the paper, covering the book, reading and understanding technical articles and practicing questions, i just don't know where i went wrong , please if anyone could guide me on this it will be really motivating to sit on June please

i have failed it at 41, first attempt and self study, even though i have done everything to pass the paper, covering the book, reading and understanding technical articles and practicing questions, i just don't know where i went wrong , please if anyone could guide me on this it will be really motivating to sit on June please if anyone interested as study buddy or a guider to teach me on my doubts please just let me know thanks in advance

Passed the exam first time with 55% as a self study student. I must say though that this was one of the harder papers I took and was the one I was most worried about. I generally do better on the calculation papers, so P4 was an absolute joy to study last year and I got a good mark. When studying P5, however, I never really felt 100% comfortable. I did three hours a day, five days a week for two months to prepare. Didn't read the text book, just did the Kaplan revision kit questions. Despite this I still felt unprepared on exam day. The problem with exams like this is that it's hard to judge how well you have done when marking your answer. Advice of this forum did really help though with people stressing to apply the models to the scenarios.