- January 13, 2020 at 1:55 am
I have failed p7 for the second time in Dec 2019 , in my first sitting of p7 I didn’t even attend 50 percentage of the paper and I got 26 marks but for the second time I studied well and wrote 100 percentage of the exam but I scored only 36 ..what could have went wrong..there is no knowledge area left for me to study..can anyone give me precise answers?January 13, 2020 at 5:10 am
Hi AAA is a paper that requires strong exam technique. Having the knowledge is the foundation for which you’ll form your answers based on the information given the case. No AAA exam requires regurgitation of knowledge but rather taking that knowledge and applying it specific for the case. Something students tend to do including myself is answer the question that we would have liked asked or just see a particular word in the question and say yes and know and start writing what we know on this topic but it’s never about the knowledge but more about the case scenario and answering the question asked. This exam has lots of ways to score easy marks but students get bog down by any complex bits or what we don’t know.
The examiner has 5 exam technique articles. Use that as your starting point to help you understand where you might have went wrong in terms of answering questions.
Tonight I became an affiliate. I passed my last exam AFM. AAA still remains my best paper to study of all other and Audit is the field I wish to go into. If you have any specific questions. I will help as best as I can.January 13, 2020 at 1:27 pm
Don’t give up!
I passed my exam in my 7th attempt.
For AAA, my advice is you need to think you are a Manager!
1. Point out the problem
2. Explain what is wrong and the right treatment/standard
3. Impact on your audit report/ risk
You don’t need to write in details on how to perform the work, how to practically do something etc. because this is the junior tasks and you are a Manager, your task is when you do your review on junior work, how you can see problem and tell the junior to do their job better.
Don’t make assumption and be specific to the case.
Hope you can pass on your next attempt!! Good luck!
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