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Hi Mike,
What are the areas Graham Holt happens to ask? So I can make sure I have sufficent knowledge about them
Thanks for all your help
Hi
He tends to ask a consolidation question for around 35 marks. The rest of the exam is likely to be almost completely “words” with incidental calculations.
Qs 2 and 3 are summarised as “various IAS / IFRS” questions and could come from anywhere in the syllabus and, other than what is already posted on theis site as my “tips” / guesses, I’m not prepared to be more specific!
Q4 will be about current issues and tends to have NO calculations. All that is expected of you is a 3 page essay! Unless I were on top of the particular current issue involved, it would be my inclination to avoid question 4 – but that’s just my stance. If you find that you are in fact on top of the specific issue, then go for it. But make sure you have lots to say – enough to earn ( ideally ) 25 marks. Then be content if the marker only gives you 20!
Hi Mike,
Many thanks for sharing you opinion regarding Q4
I have failed this paper 3 times. Each time I got 46/45 and 46 and everytime I attempted question 4 only because I thought I could answer the first part (a) better than selecting Q2/3
So does that mean as long as you use different standards or definitions and application you can gain many marks on Q2/3. Even thought you’re opinion is not valid but as long as you have justified it. Can you get enough scores?
I’m really struggling hope you can help me please
Thanks Mike
An ability to answer part a) well can give you a false sense of hope. For example, if you think you can score 10 from 15 in part a), but you’re hopeless at part b), then you’re heading towards “failing” that question. Particularly since the marker may not agree with your assessment of 10 / 15!
Equally, in a 4 or 5 part question 2 or 3, again you must NOT miss off any part of that answer. There has to be SOMETHING down on paper to give the marker the opportunity to credit you with some marks.
I continue to be staggered that even my own students sometimes claim that they “only attempted 80% of the exam” or even “90% of the exam”. I’m even more staggered that they have the bravery to tell me!
You will maximise your chances of success in any / all ACCA exams if you attempt 100 marks’ worth and your chances of success plummet with each part of any question which you leave unattempted.
But, hey, don’t believe me! Why not read the comments from any / all examiners about what THEY persieve to be the main cause of failure.
Questions 2 and 3 tend to be what I refer to as “Multiple IAS / IFRS questions” Get on top of them – look again at your F7 work to remind yourself of the basics. If you’re on your fourth time round I presume it’s over two years since F7 was successfully completed. That’s two years of opportunities to forget the basics – let alone catch up with the changes
Yes, as I stated in my previous post, if I could avoid question 4, then I certainly would!
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