Forums › ACCA Forums › ACCA AAA Advanced Audit and Assurance Forums › *** ACCA P7 December 2016 Exam Results ***
- This topic has 99 replies, 68 voices, and was last updated 7 years ago by Hector.
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- January 17, 2017 at 2:14 pm #367930
Hi all! Congratulations to everybody who passed! Well done!
I attempted P7 (Irish) 9 times, 9 (NINE). Fail after fail… 46, 45, 43… This is my last one, which I’m doing 3 years. Just do not know what to do… PLEASE, can somebody HELP?January 17, 2017 at 2:16 pm #367931@Ife and @ Mike little I think what he means is how can he check how long he has to complete his qualification, I suggest you go to your my ACCA and check your eligibility on the front page it will state the commencement date and last exam date
January 17, 2017 at 3:45 pm #367949Thanks Shazia and MikeLittle. That was what I meant. I need to know how much period I have left to complete my qualification. I could not find eligibility on myACCA front page. Kindly help out.
January 17, 2017 at 4:15 pm #367263AnonymousInactive- Topics: 0
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Please can someone advise me why didn’t receive my exam results email- I have paid my annual fees in November and check spam….my last exam & impossible to log in to ACCCA website to find out? Thank you
January 17, 2017 at 4:15 pm #367794@opentuition_team said:
<h3>Please comment on your ACCA P7 December 2016 Exam Results</h3>I failed with 40 . Second attempt . 🙁 this is my last paper to become an affiliate . I plan to sit for the next exam in march; will I be able to pass within 1month of study?
[polldaddy poll=9634432]
@magicmart said:
Passed first attempt with 56. finished now chartered 🙂 weight liftedJanuary 18, 2017 at 12:42 am #368048I’m very sorry to hear you had to go through this 9 times… please keep going march could be your lucky month!
I don’t think i’m gonna suggest anything new that you don’t already know but just a few things that i found helpful after failing P7 first time with 47 in september. I must admit i’m not a big fan of p7 just for the fact i’m not great at remembering theories / notes in great detail nor do i have a very professional logical approach to discursive questions (which i’m not proud of ) which is a key to this paper me thinks if not all prof level papers.
(please note – I chose to do international paper nonetheless the techniues might still be suitable)as you’ve done it few time i assume you have a good knowledge of syllabus area
– knowing applicable auditing standards in their order helped me in understanding the audit process (which many people think is not much important so did I in my first attempt but soon realised it was mistake)
– having a good knowledge and the ability to apply accountng standards (refresh your P2 knowledge you defo need it for sec A Q2 & sec B. ie lease , impairement , goodwill, financial instruments etc… p7 syllabus gives guidance on important areas to cover
– make sure you have the basic understanding of audit process start to finish. review f8 if necessary.
– I used BPP but i’m sure your tuition provider (if you use one) will have a good collecion of question practice. if you dont have one it might not be a bad idea to get one……..
( as you’ve gone through the notes so many time consider using major part of your time left for question practice)– at first write down your answers no right or wrong it doesn’t matter just write it down , taking mental notes won’t work… write them down
compare with answer provided if you’re lost , review your study notes in that area.– then do some Q pract. to time LEARN TO STICK TO TIME PLEASE! you might be good at it but i wasn’t ..i’m not & will never be !!
– writing it down will really help you in sharpening your professional tone..
– do as much past papers as you could get – strictly to time. use the marking scheme, correct it yourself honestly truely. marking scheme is wise guide i only discovered it not that long ago..
i get over exited & carried away explaining things which might only be worth for a mark or two … marking scheme helped in over coming this issue.– read examiners report at least for the last exam.. read last few technical articles .. give importance to new syllabus area or changes in standard.
( i read Tech. art. day before exam n there was a question set in the related subject.. KAM )– in exam please please stick to time …. i felt like such an idiot at the end of exam. i spent too much time on Q1 in a 10 mark section in partcular which i wasn’t even sure if i was writing the correct answer… and i lost a full 20 mark question !!!!!!!!!!! ran out of time especially it was an area i was very comfortable with i was cursing myself till i got my results i have no idea how did it pass it !!
can’t think of anything else…… hope these help???
very best luck next time……. you can do it if i can !!
regards
LJanuary 18, 2017 at 9:59 am #368128I failed with 38 without even P2 background and that was for 2 weeks of listening to the exam technique without even knowing any standard . P7 i think its a more practical paper than a theoretical one . Lets not give up we will get there.
January 18, 2017 at 10:11 am #368131Hi Lana. Thank you for your reply. You are very good.
It seems that I did most of those, i.e. revision of P2 as 1st step, have strong theoretical knowledge (should have after numbers of resits…), practicing past papers. Always read Articles, last time on Extended Auditors report UK (KAM for international) and was glad when I saw it came up.
The main issue is a time allocation to questions, I know, especially as I drown in Q1 due to complexity and numbers of requirements. But for me it always was the issue for all exams. But I passed them all. But this one… It’s just beyond me. I understand that it is doable, people have it done.
Thank you again. I will not give up! I’ll do it.
Regards,
T
January 18, 2017 at 11:06 am #368142@Ife I suggest you visit your myACCA home page and scroll down to your eligibility, there is a spot it shows first exam date attempted and last exam date, I remember my student page used to show such a detail. My page at the moment has changed and therefore shows as am affiliate and therefore cannot guide you on how it exactly is, however just look at the home page closely you will be able to see the last elibility date
January 18, 2017 at 11:30 am #368144I Passed P7 with 51, first attempt, i have P2 and P5 left. Glory be to God
January 18, 2017 at 11:51 am #368148Thanks to OT, Have been using your textbook and lectures alone for my studies along with ACCA past question papers and have been passing all my papers. Have saved a lot since F7. Thank you
January 18, 2017 at 2:25 pm #368177AnonymousInactive- Topics: 0
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2017 is my last try too. what is the advice? i have been writing P7 without gap too since December 2014.
January 18, 2017 at 2:27 pm #368178AnonymousInactive- Topics: 0
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I am in the same situation with you. share any advice with me
January 18, 2017 at 8:58 pm #368238@Bolakale, i spend 3 hours during the day after work, i go to the library from 6pm-9pm or study at home from 9pm -12 am when the kids are fast asleep. Saturday and sunday in the library. Minimum time spent is 6hrs, sometimes i spend10hours but i take brake in between. I only study for 1months and 2wks.
You just need to be strict and keep to the time and structure.January 19, 2017 at 10:12 am #368294Passed 1st attempt really glad to get it over with
Passed P2 as well now time to go all out for P4 and CFA 1January 19, 2017 at 2:32 pm #368330Hi tamartephi
Aw bless you ! Time pressure is an evil & my worst enemy too 🙁
Just a thought have you tried doing the section B first or at least leaving the sec A Q1 last to attempt? that trick worked for me after failing p2 4 times my worst of time pressures…
I was very time conscious & moving quicker through other questions as I had yet to attempt the most important question Q1.
Just a thought ! You might’ve already tried it …I love your spirit of never giving up! Keep going all the bestest of the bestest of the best luck for next time 🙂
Best regards
LanaJanuary 19, 2017 at 3:21 pm #368345can someone kindly inbox me (niyi_divine@yahoo.com) on some of the useful tips and mnemonics for P7;. Thanks
January 19, 2017 at 4:54 pm #368374AnonymousInactive- Topics: 0
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I failed this is the 3rd time I am writing this paper it is the final paper and it is stressing me out as I only have up until June 2017 to pass this paper.
Can anyone help me please
January 19, 2017 at 6:34 pm #368391I failed P4 coz i did not attempt one of the questions coz of time management. Where i have managed to be in time was when i started with questions in Section B then finish with Question 1 .
January 19, 2017 at 6:42 pm #368394Do you really need a solid background in P2 to pass P7? Someone help
January 20, 2017 at 11:24 am #368556AnonymousInactive- Topics: 0
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Did you do lectures with a tutor?
January 21, 2017 at 10:04 am #368659@mishukkazi said:
Passed and Affiliate . P7- 61% . Credit goes to Opentuition.com and Mr MIKE. Thank you so much.Did you receive any email, telling you congratulations, you made it? within the subsequent week of having finished your examinations in December 2016?
January 21, 2017 at 2:42 pm #368696@mikelittle said:
3 posts so far have asked whether an administrative review is worth consideringThe answer / advice is a resounding NO, NO, NO
Do NOT waste your money. In all the years that I have been involved with ACCA tuition I have never once heard of a successful administrative review
It’s a clerical exercise to see that all your pages have been looked at and marked and that the marks add up to the total
It is NOT A RE-MARK
Save your money, accept that you didn’t score sufficient, assess whether you are missing something in examination technique, and now move on and get practising. March examinations are only 8 weeks away so there’s no time to wallow in despair and disappointment
I received an email, advising on success, with Congratulations,You made it, then another email, ” You’re on your way to membership”, then released results showed 34%.
Another letter arrived days after results release, but dated before the release, advising me to get ready for resit with 2017 exam schedules. Does this add up?
I am increasingly convinced, the ACCA is really making money, as opposed to promoting accounting profession. I have the emails, and I am embarking on Admin review, together with press release on the presentation of the prima facie examination paper evidence.
Any insights! or shall they (ACCA) cover up as usual? They assert to being in existence for 100 years. As far as I know, the Catholic church is older, and far from the truth of existence and operational excellence, we all know the story.
January 21, 2017 at 4:31 pm #368738@BOLAKALE said:
2017 is my last try too. what is the advice? i have been writing P7 without gap too since December 2014.My dear, ACCA is a money-guzzling association of finance persons. They specialize in ripping off candidates with potential, and do so blatantly, with no recourse to rectify their grievances, and they do so, mostly to minorities, who most times are much more proficient than indigenous students. At least I did read the Metro paper asserting to students of a region being better, with the latter not being able to pass GCSE English language paper.
I have written P6, 13 times, live in the UK, advice tax payers, and understand the tax scenario, quite well. On the internet stories evolve of Malaysian paper plagiarism, but nothing heard of in the UK.
They specialize at ripping off developing country-students, and from initial evaluation seem cheaper. Check pass rates, and inquire as to why, the lower level papers have higher pass rates, than the Professional level papers, which pass rates lower in some cases than 35% of world numbers taking the paper.
They are not in the long term.I passed 3 exams at a sitting, hold two masters, within Accounting. Oh, I’m also a lecturer at one of the London’s Universities. So, is ACCA making me feel dull? They can try, but I shall not relinquish.
January 30, 2017 at 12:15 pm #370272what’s the examination technique for p7
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