- This topic has 19 replies, 20 voices, and was last updated 8 years ago by
.
- Posts
Exam was ok, though i doubt i passed. Section B questions we relatively easy, answered all three, but wasted too much time on the variance question, and only had 15 mins to do the MCQs (only managed to do around 18 of them), could kick myself for that. But yeah, just listening to the lectures and practicing questions was enough. Time management got me!!
Hopefully second time lucky for me. Large parts of the exam were educated guesses.
Personally, the CF wasn’t too bad – there were maybe 10-15 marks available within the question itself.
IMO you had to revise SCF and leases as they were tipped last time and didn’t show (but if you hadn’t have known – then it’s hard to predict).
How Kapln can tip something almost for certain in March (SCF), and then go with P+L in June after a no-show, is beyond me!
And in my opinion, you cannot ignore the current issue questions. I hear people saying that they didn’t even bother to revise as its too much and they’d prefer to concentrate on just the standards … that’s just crazy as the EASY marks are in the current issues for sure!!! If you have to re-sit (like I did) – read the technical articles that haven’t been examined and just have knowledge of them. I’ve not looked at leases for 2 weeks and it was pretty easy to regurgitate.
Here’s my breakdown:
Q1) CSF with disposal of sub, tax, financial instrument and a Goodwill aspect. I’ve forgotten the rest. Working capital took a few minutes to work out with the disposal too. :-/Q3) registration of football players (ias 16 – pretty sure that’s wrong) & registration fees / variable bonus (ias 37?) etc, naming rights (ias 38?) of a stadium and Borrowing Costs (ias 23) for the purchase of a stadium in respect of interest.
However, the borrowing costs were not directly attributable to the stadium and had arisen due to other borrowing costs. It did also say that the entity would not have required additional borrowings if not for the construction?
Q4) Leases IAS17, Leases IFRS 16 (right of use / > 12 months / non-material exempt such as printers), Application of IFRS 16 to the scenario.
The other question looked really confusing. I’m guessing between 44-60 so fingers crossed.
Oh and the UK Variant has about 2 sides of A4 that compares maybe a dozen features of differences between IFRS SMEs and the U.K. GAAP equivalent. It’s guaranteed 15 marks and you can literally revise it in a few hours. There’s only FOUR practice questions in the Kaplan revision book and 2 of them are 8 marks.
If you’re struggling, I HUGELY advise doing the UK variant. It’s a guaranteed 15 marks that is probably easier than the ethics.
Good luck everyone, here’s hoping as many of pass as possible. It’s a truly disgusting exam!
Yes Jibchba Pack your things because you will be successful and moving on to the next one,
Don’t give up, practice , practice, practice.
Try at least 10 past papers, If at first you fail, try again fail better
don’t give up. it is my 3rd attempt and felt the exam difficult. I failed with 46% last time as I did not know the absorption costing section. Now I learnt it and it did not come out at ALL.
i wrote and passed the CBE yesterday,this was my second attempt.i had written it and failled during the June exam sessions last year….thank you Opentuition.
Lindah can you please tell me how exactly i should prepare? I am taking my exam soon!
Hello Linda,
I am yet to write the CBE in the coming weeks. can you please advise me. I have never written any of these exams but am kind of terrified with all these comments I have seen so far from students.please what were the topics that came out? How was the section B?
Wrote the CBE a week ago. Passed, although it was a lot harder than I expected. I thought I had all the concepts down and did past exams passing with 80’s, but there were still a lot of questions I just had to guess on. It was my first ACCA exam and I had never studied accounting before, so might be easier for those who have had exposure to it before.
exam should be revised and done spontaneously in order to be professional in accounting in the job prospects. exam was a little bit difficult and coped with it but I think we should do it 100% so that our employer will not find any mistake in our work done!
i wonder were they get the f2 questions from surely not from the syllabus. you just have to think outside the box. i just pray i pass it this time
the paper was fair but i think the time should be increased to 2h30min .Section B was good but the MCQ most of them was guessing because of fear in time management
wll be sitting for sept exams,honestly speaking ts scary at times bt aftr all dont give up,u myt be almst thre jst gv t anothr shot.As for me F2 aaaah ma1 bt your comments thy really gv hope jst hv to study harder nd practice a lot of qns
- You must be logged in to reply to this topic.