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Hi,
I have come across a lot of comments on this forum in which people talking about P5 that this a VERY difficult paper and no one can pass it in first attempt I think this is very discouraging from my point of view as I could see the syllabus is quite straightforward and very understandable I you fail I guess this is purely due to the reason that student fail to demonstrate postgraduate skills in their scripts and I have also seen a post one student talking that he could manage to get a pass in P5 in his 8th attempt. I have a gap in my ACCA studies I could not continue my studies after 2008 and just recently resume with it and passed P1 and P3 I am going to attempt P5 in next possible session. Student should be advised that if you are prepare enough for a paper you should not try to attempt that paper skip the session and try your luck in next session when you are fully confident instead writing in the forums proudly that I failed in it God knows how many times and then eventually passed it If you have passed it but couldn’t pass it in your earlier attempts thats clearly your fault.
Please advise me also how I should go about with P5 preparation I have no idea what F5 is about because I got exempted this paper on the basis of paper 2.4.Thanks and sorry for a long post.
I find your post arrogant and unhelpful. The pass rate for P5 is about 30% and P5 is often the paper with the lowest pass rate. It is a difficult paper and no one is guaranteed to pass first time even if well-prepared.
If you intend to study P5, the approach is the same as with all papers: learn the theory and practise questions. Carefully analyse what is said in the model answer to see how it relates to the question requirements and the information in the question.
ACCA research shows a correlation between performance at F5 and performance at P5.
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