*** ACCA P7 June 2017 Exam Results ***

Thank you opentuition. Thank you Mike. God bless you all,.

my 3 attempt for P7, failed @48, my second attempt was 49, but i think the questions were harder in June than March 17, anyone agree?? no need to make me feel better, just be honest
i have to do it again in Sep, hope to pass, i think i was just not good enough:(((

@shanny1812 said:
Finally passed on my 3rd attemp with 55% I don’t care I am very happy its a PASS. One more to go then I’m free. Congrats to all thoses who passed for those of you who did not get the result you wanted trust me do not give up. These exams are not designed to be easy, nothing worth it in life is meant to be easy. Just take a moment clear you mind and apply today for the Sept sittings.

I feel I need to make a point for those of you who feel you need to brag about passing with only a few days worth of study. Firstly I very much doubt this is even possbile. The ACCA exam are desgined to be tough for a reason, they also have a very high standard and you are expected to put in the time and effort. please do not try to take anything away from thoses students who like myself poor blood sweat and tears into there studies. It also makes little difference to whether you pased 1st or 5th attemp so what!!! I’ve passed papers on my 1st attemp but I’ve found that knoweledge is so quickly lost Personally the more you study for a paper the more knoweldge you gain. Anyway rant over. 🙂

congrats to you, best of luck to your last one,and i agree with you, no need to brag about it like some people, as i don’t think that is very true, or just pure luck, everyone should be humble even you did pass first attempt with a few days study, so what…

I have scored 37 marks from my last sitting in June 2017, my previous marks were 40, 42 and 38. It seems that it is getting worse. Though I feel confident with my studies/revision I could not do it in the exams. this is my final paper and it seems i could not clear it for some reasons..I have done almost all past papers from 2007. I have done the BPP kit as well. I certainly would not associate my intelligence from the failures of P7 but it could well be that i am lacking exam technique or may be just a bit of luck. I have seen a lot of you guys scoring 66, 72, etc. could you please help me towards getting through this paper as I really need to pass this paper in sep 2017. Please help,

Failed on my third attempt with 46.. an improvement on the previous 2 sittings with low 40s.

Really frustrating to fail… I felt really confident with the material, exam technique and in the exam itself.

Now having to put myself under strain once again to try and pass in September 🙁

Well to done everyone who passed and to those who haven’t, take a day to chill out and then get back on it for September!

i have failed in my second attempt and i think i have to say goodbye to ACCA. though i am left with P7 and p4 but for now i have to leave because i am advanced in age and tired of learning.

i think twelve passes out of fourteen is an achievement. i am now concentrating on my children education.

If you have become an affiliate then why is your name not in the acca published affiliate list? Have they missed it?
One more question. Will we get original acca certificate for affiliate or we print from the website login?

My first attempt in March I got 36 and in June I got 52, you need to know the ISAs like 315 understanding your client, quality, ethics, all the reporting ones and not rote learn, answer with your heart imagine yourself in that situation and also attempt the whole paper, and be precise, make a point, explain it and apply it back to the scenario, that demonstrates that you have thought about it and it’s not about quantity it’s about quality. Brush up on your IASs, have key words that will then feed your answer, being neat with headers and a paragraph after each will point the marker to what they can expect in the paragraph. Tell yourself you can do it, and talk to your family and friends as talking about it gives you that familiarity. Good luck, you can do it!

Prais be to ALLAH … Affiliate now…
Feeling sorry for those who couldn’t make it.

I want to suggest few simple things for those who are struggling in passing P7…
Well just for the information I passed P1, P3, P5 and P7 in last 4 attempts without fail.
I PASSSED not because I am a very genius person, I passed because I find the TRICK TO PASS THE EXAM…
and they are following…

1- Keep reviewing the notes. There are always some points in every topic which need to be remembered and those should be on the finger tips on exam day. Specially ISAs, IAS & IFRS.

2- Do the relevant exam questions (at least 4 -5) ONCE FINISH THE TOPIC. It would give you very nice IDEA what will come in the exam.

3- READ & UNDERSTAND the REQUIREMENTS of the questions.
Most of us possess the knowledge, but we tend to get biased and write what we know… instead of what has been asked. *** Read & Understand the requirement***

4- After attempting any question, DO compare where you lack, Read ***Examiner Comments, Top Tips, Easy marks*** …. these you can find in Revision kit before every answer.

It was always very surprising for me how I get passed these THEORY papers in first attempts as I barely complete 40% or max 50% of the total number of questions in revision KIT.
But the questions I did, I followed POINT # 4 on every question. This gave me satisfaction that I KNOW THE QUESTION REQUIREMENT and I CAN DO IT if it come again.

I hope my words would provide you some help…

***BEST OF LUCK ***

can you please share with me from where you prepared p7(classes,notes,etc) because i am going t attempt this paper in sep2017 and i have very less time too

I passed on second sitting. My advice – pick up your F7 Financial Reporting Text and make sure you boss it. I mean really own it. P2 is just an extra cos it looks at consolidations which you can honestly still pass without. If you can confidently answer F7 questions (those examinable) then I think you are half way there cos the accounting treatments become easy and that’s where the magic really is.
The other thing is to understand the difference between procedure and evidence. Procedure is a verb. So your response should be along the lines of analysing, reviewing, recalculating, inspecting, observing. Whereas evidence is around the document to be assessed e.g bank statement, title deeds, land certificates, etc. They are linked but make sure if a question asks you for one then ensure you are using the right approach.
Also read on ethics and practice management too i.e. quality control and engagement acceptance.
Lastly, read on your audit report and group audit.
If you find time to read on other assurance services then you are set.

I wish you all the best. When you eventually pass you will forget the hard work. The joy will be worth it. All the best guys.

Congratulations to all those who passed, especially those who are now affiliates. I managed to pass P7 on the second sitting. I achieved a 55% mark, which I was over the moon about!

For those looking for advice-here’s my top tips for how I gained my 8 marks between sitting one and two.

You probably know the P7 material-there isn’t a lot of it. So it’s the other bits that will make the difference.

BEFORE THE EXAM
1-Know the accounting standards. I didn’t bother remembering names, or standard numbers, but you must be able to recall the requirements. I spent at least half of my study time looking at the standards rather than P7 specific knowledge. They WILL come up and if you know, for example, the rules of income recognition, this will help you know what to write, and give you a basic structure for your answer.

2-The examiner for P7 is tricky, and won’t always word things as you expect. Even if you don’t get to practice all the past questions, make sure you read as many as you can AND the examiner’s comments that go with it. It gives you an insight into the examiner’s thinking and helps you to understand both their style, and their expectation.

3-Read the examiner’s comments for the previous two sittings. Bettings are that if they were unhappy about a particular knowledge area (for example), they will ask it again. Make sure you can answer it well.

4-Sometimes short study periods can be as productive as long ones. Use a train journey to learn financial instruments. If your cooking dinner, learn the structure of an audit opinion. Go through ratios in your head while your running. Give yourself 20 minutes to learn one small area. Once you’ve got it. Stop.

DURING THE EXAM
1-I wrote the word WHY at the top of every page I used. Why am I looking at board minutes? Why is a certain behaviour unethical? Why is the audit opinion qualified? Why have you reached a certain conclusion? You need the detail to get the marks, so whatever helps you to remember to expand your points, do it.

2-Know your strengths. I like to know what’s coming up in the exam and not be surprised when I get to the final question and only have half an hour left to think, panic and write. So I spend a good 30 minutes at the beginning of any exam reading the questions, highlighting and generally making a mess of my question book. It is not what you are told to do, but it works so I do it. By now, you should now what works for you so listen to advice, but incorporate the bits that will help you and don’t be swayed by anyone telling you change everything that you know works.

3-Manage your time. Have a plan, whatever that is, and stick to it. If you have sent the 20 minutes you gave yourself on a question, move on. It’s important. If you spend longer on a question than you planned it has to be an active choice, rather than an accident.

Good luck to all those sitting in September. Keep going!

Thanks for your advise. Inspiring and gives hope.