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I kept failing P2, pls help!

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › I kept failing P2, pls help!

  • This topic has 6 replies, 7 voices, and was last updated 11 years ago by totem.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • September 19, 2013 at 8:02 am #140833
    elysewelim
    Member
    • Topics: 3
    • Replies: 14
    • ☆

    My first seating a year ago was 46, then 39 and the last was 42. All of my ACCA papers were thru self study and I have 3 more P papers to go including P2. I am wondering if I should go register for tuition since three times is definitely not a charm. What have I missed?

    September 19, 2013 at 12:04 pm #140849
    fbawany
    Member
    • Topics: 20
    • Replies: 171
    • ☆☆

    Maybe register for kaplan’s QBD days, they help

    September 19, 2013 at 12:41 pm #140851
    beyagala
    Member
    • Topics: 1
    • Replies: 53
    • ☆☆

    Well the last three papers are not easy. I suggest you register for tuition classes and add in more effort in your self study. Don’t relax because you have gone for tuition classes, its only guide for what you have been missing. I guess with more effort you will definitely pass.

    October 1, 2013 at 9:19 am #141799
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 15
    • ☆

    Hello,

    To be honest I laughed a lot when saw your post because I saw my position and feelings in there.

    Ha ha ha.

    Me to left with P2 and options. P2 4 attempt fails.. But I realise persistent and patience is the key to success.

    Best of luck buddy.

    Cheers,
    From Mauritius.

    October 1, 2013 at 7:09 pm #141831
    michaelf
    Participant
    • Topics: 5
    • Replies: 26
    • ☆

    Hello

    I have passed P2 with first attempt on self study. I Practice lots of questions and parts of questions. I studied the IASs and focus on the key areas. I always had my the IASs handy when ever i have to attempt a question. I was also privilaged to get access to LSBF videos which helped me a lot. Martin Jones is good. If you can get the the lSBF lecture notes on ACCA reloaded along with the videos. You will surely pass. just practice, practice and practice while reading over the IASs as often as you can.

    October 11, 2013 at 5:28 pm #142568
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 17
    • ☆

    I got 39 last sitting with absolutely no IFRS knowledge whatsoever. My consolidation knowledge was very sound.

    Therefore, I think it’s easy to pick up lots of points in Q1, and so making sure you can consolidate very well and then having a grounding in the KEY points of the easier IFRS means you should pass.

    October 15, 2013 at 7:02 pm #142847
    totem
    Member
    • Topics: 2
    • Replies: 83
    • ☆☆

    @elysewelim

    Hi, I realise this post is a little late in coming, but hopefully will be of some use. Here I some tips which helped me pass P2 (first attempt):

    1. Time management. I know this is generic, but seriously, time management is very crucial. Its very easy to spend a lot of time on the first question, thinking that 50 marks worth means spending more time than you can spare. Do not jeopardise the rest of the paper by trying to get this one question right. Excluding reading time, its 1.8 min per mark. Allot time to each question according to that. The minute that time is up, move on to the next question. Within that time, you have given your best possible shot to that question. Spending more time will probably earn you a mark or two. Time you could be spending earning probably 5-6 marks on the next question.

    2. Spend the reading time understanding the requirements of the question. What is the examiner actually asking for. Make little notes next to the requirement so that you know what you are looking for in the question. Gives you a more focused reading.

    3. Its important to know consolidation really well. After all, 50 mark question, no? That said, do appreciate that consolidation also tests your understanding of other standards. So don’t take them lightly. And the rest of the paper is also testing the knowledge of those standards, no? Hence, equal importantance to all topics.

    4. Read examiner’s approach/comments for past exams. It really helps in identifying how the examiner looks at the answers.

    5. Last, but not the least….PRACTICE. Do more and more questions. Practice is the key to passing any ACCA exam, and P2 is no exception.

    All the best!

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