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Looking for some advice,
I have my P2 exam tomorrow, and I am pretty certain I don’t know enough to pass yet despite working my socks off!
I was planning to sit P3 and P5 in June, but if this worst does happen and I fail P2 would it be better to drop P5 and retake P2 in June, or just do P3 and P5 in June and then retake P2 in Sept?
Thoughts? I hear there is some overlap between P3 and P5 so would be good to take together, but then I might forget alot of the P2 I have learnt if I retake in Sept..
June P2 and P3.
But don’t think about it yet – 100% focus on P2 now please and do your best maybe you will scratch a 50.. Positive thinking.Thanks seagoat..
The thing Is I won’t know if I pass until early April and I get study leave to attend BPP classes from my employer, and those classes start before the results come out.
That’s why I’m not sure if I should start the classes for P3 and P5 next week and then If I fail P2 (I’ll know before the revision classes) quickly move onto the revision course for P2 by deferring P5, or should I just assume I will fail it if it goes badly tomorrow and carry on practicing P2 until the exam results are out whilst only doing P3 classes?
Do self study until April for P2 and P3 and enroll for P3 classes. Either you pass or fail P2, your P3 exam in June is certain. After your results you can either drop P2 (you passed) and switch to P5 or continue with P2 (you failed) and P3.
As I said you didnt even attempt P2 so why bothering on the day before exam!
If you fail P2 tomorrow – god forbid – make sure you resit it in June, not in September. Why? Because you already did a lot of studying and it’s fresh in your memory. Once you sit the exam, give yourself a few days of break, sleep a lot etc and then keep revising P2 until the exam results are out on 18th April. If you have extra time, start preparing for another exam too. Don’t wait half a year with a resit, it would be silly!
I failed P3 in December and I am resitting this Thursday. I slowly started preparing for P5 for June but for now I focus on P3 as I don’t want to fail again. After the exam I give myself a few days of break and then i will jump on P5 until the exam results come out (18th April). If I pass then good, I keep studying P5, if I fail then I will keep practising exam questions but will focus on P5 too.
I failed P2 about 1.5-2 years ago and have not attempted again since. Why? Because when I failed I was very tired, exhausted mentally, emotionally and physically and I didn’t sit any ACCA exams for over one year to sort myself out and get strong again as it got to me too much. Back then there were only 2 sittings a year – annoyingly. If I had been able to resit 3months after the failed exam, I would have passed P2 by now, I could have gone on for another 3months studying before giving myself a longer break from ACCA but the fact I had to wait and study another 6 months I just left it as my mental and physical well being had to be my priority that time. This is why I recommend that you resit any failed exam 3months later instead of 6months later.
To me it seems like you try to rush through P papers too quickly. Focus on one at a time and if you have some extra time whilst studying one, you can slowly start preparing for a second one too, but don’t try to kill yourself by thinking about a 3rd paper when you feel that you are not even going to pass the first one , i.e. P2 tomorrow…..because you already talk about P3 and P5…..
Thanks ds3ce, excellent advice!
You have hit the nail on the head I think; I have been rushing though ACCA and have got up to this point in just 1.5 years having started off at F1!
I think the main problem is, during the F phase I passed exam easily with not too much effort, but I never fully understood the concepts (for example in F7) and I felt I just passed because I was good at exams not because I was great at accounting!
P2 has caught me out as you actually have to fully understand everything inside out, so it has been such alot of work and like you say it has left my physically and mentally drained and with no time to enjoy the things I love. I feel almost depressed infact at the thought of starting another 2 exam courses straight after this one!
I think I will take both of your advice’s, and just enrol for one course. I’ll do my best in P2 tomorrow and just keep practicing it until the results come out, with a view to retaking straight away should the worst happen.
Taking one exam a sitting will mean I won’t finish all of the exams by Dec, but hopefully I will by the June sitting 2017. Qualifying six months later doesn’t seem like a high price to pay when you think about it actually, as I will be able to enjoy life more and just take them one at a time, not be felling as burnt out as I do now.
Hope P2 went well for you. Try not to think about it anymore. Sometimes you feel like you did well but you end up failing, something you feel that you failed then you get the results with a pass, so no point to think about it but good advice from my chartered tax adviser friend re sitting professional level accountancy and/or tax exams: after you sit the exam, give yourself a few days of break then go back and revise until you get your result so if you need a resit, you don’t forget much.
Always put your mental and physical health first over anything (career, exams etc) in life. What is the point killing yourself and then stress makes you ill? You will have a qualification 6months earlier and you end up in hospital god forbid or with a depression. Don’t rush please, no point! There is more to life than work/career/exams/stress. Life is too short.
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