*** ACCA P5 September 2016 Exam was.. Instant Poll and comments ***

@vinai said:
I don’t think mentioning performance prism was a good idea as it was taken out of the syllabus for this sitting

@vinia, I said “in my head”.. I didn’t mention performance prism. Mentioning Stakeholder satisfaction and contribution however was probably not a good idea.
Here’s the downside of not reading the based on syllabus and might be penalised for that.

@harsh444 said:
Left 8 marks because of time.

I struggled with profit and capital measurements. Anyone got that?

I just think, the ROCE should reflect the primary objectives of the organisation, eg maximize the shareholder returns, therefore the Profit should be : Net Profit ( residual value available to shareholder) and Captial is Equity, the solely contribution from Shareholders, anyone think like me?

The question 2 part b VFm I got they were good VFM. They had saved 433000 people from going to hospital rather than directly going to hospital which is 40 times costlier than this service. They had saved about $40m as opposed to their $4m cost.
also they had lower cost per call and cost per saved hospital visit?

Am I wrong????

i felt this paper was very time pressured. Spent too long on q1.

A very very time pressured exam. This is my third time doing this and again ran out of time.

This exam is a reading one, the less you write the more you read the better I think, I never learn though.

I also think the less you study the better. It is probably the one exam that tests real intelligence and creativity. It is on the face of it an excellent exam with a really clever examiner.

@nickinackynoo1 said:
What was question 4 part a trying to ask? The requirement didn’t make any sense, I talked about how csfs focus the organisation but couldn’t really come up with much else!

The scenarios were too long, when I picked up the paper I thought it felt thicker than usual (this is my 4th sitting)

I felt really prepared for this sitting but just could digest the scenarios quick enough, seriously thinking of switching to P7 now!

I’m convinced there was a word missing from this – Part 4a did not read clearly, in fact it didn’t actually make sense. I even wrote the question out. I think the word ‘COULD’ was absent?

Anyone else feel this?

@nickinackynoo1 said:
What was question 4 part a trying to ask? The requirement didn’t make any sense, I talked about how csfs focus the organisation but couldn’t really come up with much else!

The scenarios were too long, when I picked up the paper I thought it felt thicker than usual (this is my 4th sitting)

I felt really prepared for this sitting but just could digest the scenarios quick enough, seriously thinking of switching to P7 now!

@nickinackynoo1 said:
What was question 4 part a trying to ask? The requirement didn’t make any sense, I talked about how csfs focus the organisation but couldn’t really come up with much else!

The scenarios were too long, when I picked up the paper I thought it felt thicker than usual (this is my 4th sitting)

I felt really prepared for this sitting but just could digest the scenarios quick enough, seriously thinking of switching to P7 now!

I genuinely think Q4) a) was missing a verb.

It didn’t read clearly, and didn’t actually make sense.

I read, re-read and then again – convinced the word ‘COULD’ was missing. Can’t remember the exact question, but I was that confused I wrote my concern before attempting to answer.

@sidhilazad said:
The question 2 part b VFm I got they were good VFM. They had saved 433000 people from going to hospital rather than directly going to hospital which is 40 times costlier than this service. They had saved about $40m as opposed to their $4m cost.
also they had lower cost per call and cost per saved hospital visit?

Am I wrong????

I hope you’re not as i got the same 433k and savings of about $36M.

@accastudent66 said:
Glad I wasn’t the only one to think that. I was re-reading that several times and it just simply didn’t make sense. Poorly constructed grammar.

I am going to comment about this in the exam survey that comes out later. I would advocate everyone to do the same for moderation purposes.

Yeah I’ll do the same. It definitely didn’t make sense!!

Are these the surveys that are sent to us via email? I usually ignore them…

I had to leave A and tackle B and C first and then say something here as it was not clear what was being asked.

Also why does all the question have to have so much reading, you have a lot to read then formulate an answer.

If I had more time better I would feel more confident in passing (or i just should have practiced more, writing the answers not just reasoning them out in my head)

q4 was some serious jargon(csf&kpi have never been that confusing.
Q3 needed time which jus wasn’t there.
Q2 was a given jus needed time to understand e scenario
Q1 was ok but time consuming gosh too much writing like really.
3qs in 3hrs w all that data ts beyond me…
#prism in yo head tots funny…
#lets jus work on qs under exam conditions guys coz rily how else will we pass?

Hi, I used the Kaplan materials – the complete text and the exam kit (it was a self study).
I started with the complete text at July-end, it took me ~2 weeks to finish the book and I practised the questions afterwards. When I realized that I forgot the theory on some area, I revised that part of the syllabus again..

I wish all the students here good luck with exam results)

u can switch to P7 if you haven’t taken it. if u can give the same effort you are giving to P5 i’m sure you will pass. i have done that already and passed p7. just left with one more which is p5. But remember you will adopt a similar approach like your days of F4. learn to quote a bit of popular IAS and ISAs. e.g this company has not valued inventories correctly in accordance with IAS 2 Inventories, therefore their inventories may be overstated