For those of you who have passed the exam, please guide me/us as to how to go about the paper. I've attempted it numerous times already but still can't seem to get through. I feel it has to do with the exam approach that I'm lacking. Didn't sit in Jun-2016 attempt but I'm hoping I get through it in Sep-16 one. Please help!
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AAANeed some tips for the Paper
I used the BPP practice & revistion kit to practice the questions by each topic, at least redo or review the questions and answers twice, aiming to be very farmiliar with each type of questions and answers, this will save your time for thinking and planning during the exam. Do more writing, and do not just read, sometimes memorising the answers also helps in the exam.
Obtain the answerring logics and key form of it that will gain you marks. Before each answer in BPP, Top tips and easy marks that to gain will be explained. Read this will help you to gain easy marks.
When exam tips comes before the exam, review the topics mentioned to enhance the knowledge.
In the exam, try to write as more as you can when time arrangement allows, as the wrong point you wrote will not deduct your marks.
hope this could be helpful.
I have written this paper several times and my marks range from 47 to 49. i am so devastated, i just need the technique to turn the 49 to a 50.
Thank you both of you. Much appreciated.
Any tips regarding P2 knowledge that's required for the P7 paper, how to go about it, what to focus on while reading.
Make notes on every topic. - these notes should be concise and focus on main points.
Do every exam paper.
If you are in practice - bring in your audit experience.
tsar all p2 knowledge (apart from exposure drafts) is examinable in p7.
In Q1 always lay out the briefing notes professionally including a paragraph on Audit Risk/Business Risk and always have a conclusion.
As per the ACCA Exam Expert app (available on smart phones) the 4 professional marks in P7 are for;
- Form & Tone of answer
- Structure & Persuasiveness of argument
I hope this helps and we both pass P7 this sitting
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