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@vinessen -many congratulations. However I must point out I was concerned because you originally were going to select Topic 15 so you have taken my comments out of context.
Topic 15 has a high failure rate as students often choose inappropriate companies and assume that Topic 15 is similar to Topic 8 when it is not. Fortunately you took my advice on this aspect and did not pursue cash management for your RAP. If you had not done so and gone ahead it is highly likely you may not have had such a happy outcome today as only about 1 in 3 Topic 15s actually pass. Topic 7 although not a particularly popular topic has a much better pass rate than Topic 15.
I recommend Topic 17 to students as the chances of a pass are the highest of all topics and many of those who have done T17 have contacted me to thank me for sparing them the disappointment of a fail (or further fail) 😀
I passed with grade B in the first attempt! Special thanks to my mentor, Irwin. You are the BEST 🙂
Please note this Forum is supposed to be about recording RESULTS. We have other more appropriate forums dealing with marker feedback etc so please use those if you are not addressing the actual topic here : Period 32 Results!!!!!
(I have had to move some of the more recent comments to the correct topic[s])
Passed at first attempt.so happy.Thank you Trephena.you are a star.God bless.
I failed in my first attempt.. Failed RR as i did not use formulas in excel sheet and failed SLS and marker commented that i have described events and did not refer my strengths and weaknesses and i passed my presentation. If i resubmit my project do i have to submit presentation also. And the areas in which i passed will be checked again or pass will be carried forward. I did project on topic no. 8 .
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passed many thanx to opentuition their input is invaluable. sincerely believe that wouldnt have made it without ya. special mention to trephena for her articles even stretching way back.
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keep up the good work opentuition
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@tshepo123456 May I ask if you did T8? If yes, do you do a 3-year comparison with the competitor or only 1-year using the latest FS? I could not get a pass due to failing both points 3 and 6 and I wonder if the reason for the weak financial analysis was also due to the fact that I only compared the fin ratios with the latest fin figures. Thank you.
I passed….thanks to God for directing me to The Learning Luminarium….kudos and thumbs up to Irwin…the best mentor. They know what the examiners are looking for, excellent coaching, and off course hard work…you will be successful. Dont hesitate….contact them now….they will help you pass!
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@saberhangen, i did Topic 17. Sorry
I would like to know …subsequent to results being posted your dashboard on Oxford Brookes University Portal…how long after would you receive an official email stating your grade and also an invitation to graduation? Can someone help me.
I think it depends on where in the world you live. UK graduation is June, Dubai is normally February or April and the Far East ceremonies are October. I don’t suppose you will get an invitation until the dates and actual venues are confirmed
A very helpful blog for ACCA students!
https://oburesearch.blogspot.com/2017/01/obu-research-project-how-is-it.html?spref=fbHi Trephena, I live in the Caribbean. So I guess if i am successful my graduation ceremony will be in the UK right? On their website already it has dates of graduation and venue in June 🙂
I’m afraid there are insufficient students in the Caribbean to justify holding a ceremony there – even though I expect the staff would love to hold one there. On a practical level those gowns are so thick and heavy they are not really suited to the tropics. I remember melting in my gown for my Masters ceremony and it was only 28 degrees!
Perhaps you should save up for a trip to both London and Oxford in June? Let me know if you do go as I have sometimes been invited. 🙂
I certainly will let you know Trephena! As long all goes well on March 22, 2017 then I will be going there.
Hi Narisha – yes the wait is almost over – I know it seems interminable! 🙁
However according to my marker friend they still haven’t quite finished the process! It seems although about 95% of the grades will have been finalised a few are looked at by the very most senior markers where the result is marginal.
(On a more negative issue the last task is drawing up the final list of ACO referrals – this is where the markers and moderators suspect cheating, copying and collusion. Apparently this does NOT just depend on Turnitin scores – spreadsheets and presentation files can also be inspected. Only today in the British press it was reported that universities are being urged by the government to be tougher than ever before on those caught cheating).
However hopefully most of the students who have bothered to read our forums will have the sense to realise that a degree will only be of value and give you a sense of achievement if you did the work yourself. As always I hope we will be able to report high pass rates from our students and hope you will be one of them. By the way what topic did you go for in the end Narisha?
Oh I am glad! I thought you were thinking of T11 or T13 (can’t remember which) – I do what I can to help but both normally have low pass rates and therefore it can be very disappointing for the student. Hardly anyone passes those at the first attempt unless they have an exceptional mentor who really understands what is required. Topic 8 has a reasonable pass rate (not quite so good as T17 🙂 ) so hopefully you will be successful!
At least being in the Caribbean means you are about 4 hours behind GMT so you won’t have to get up early to hang around for the results on results day (although you may have a late night as the results aren’t all released at midnight but in batches I discovered last session)
Good luck! 😀
Yes that’s the advantage of living in the Caribbean! 🙂 I am used to getting my ACCA results at 8 pm the evening before the day of the results.
I am praying for every success. Thanks Trephena!
Dear Trephena,
I know this is really stupid to ask when result is just at corner, but I will take anything that will give me some kind of satisfaction.
So, my question is that, according to your professional expertise what are my chances of passing,
1) I analysed Revenue growth and talked about Emirates partnership that helped my company in FY13. In FY14, I talked about over supply of demand over capacity in my company’s core domestic market, then also wrote about how the situation was aggravated by my company’s policy to defend its market share. Affecting yield and load factor.
For my comparator I just stated how they performed better in corporate market with the help of its partners.
2) For Operating profit, in FY14, I described how opting for much bigger aircraft to keep up with the market share affected fuel cost, plus the devaluation of currency also increased fuel cost. Furthermore, the cost also increased due to my main company’s subsidiary expansion in Japan, as they expanded their fleets but they couldn’t operate them due to delay in opening of second base. In FY15, my company operating profit improved due to axing of employees and arrangement with trade unions to halt wage payments for 18 months. This was benefited by decrease in the cost of global oil prices and also from the company’s strategy to simply its fleets and discard old fleets, helping fuel and maintenance costs. Lastly, loyalty program profiting due to partnership with X company that stimulated the loyalty billings.
For comparator, In FY14, profits were effected due to increase in fuel cost, similar to Qantas, but were able to increase fuel surcharge so helped to report better profit than main company. Main company, was able to increase fuel surcharge according to Emirates deal – partnership which caused little pressure compare to comparative. In FY15, main company reported better profit due to aggressive cost cutting plan and comparator wasnt abe to benefit from low oil prices due to its hedging program which was in place to protect from high fuel cost and also due to volcanic activity in its core international destination that disrupted its operation.
3) For net profit I stated large impairment cost due to impairment review of fleets after separation of domestic segment from international segment in FY14. and restructuring cost in FY15.
4) Gearing – talking about share buy back and issue of bond in FY14 that increased gearing in FY14 and in FY15 repayment of 1 billion loan by repaying it early that reduced gearing and also due to not renewing lease of many aircraft. For comparator I talked about issue of loans in both FY14 and FY15.
Interest cover was decreased in FY14 due to decrease in credit rating and also due to loss and in FY15 improvement in profits and 1 billion reduction in loan increase interest cover.
Other two ratios were current ratio and Asset turnover.
5) I identified 2 mistakes, firstly 1 referencing is wrong which was used in 3 places and the referencing is for comparator only. Secondly, there is one difference in what I wrote in report and presentation, I wrote increase in fuel surcharge in report but ease ( meaning decrease) in presentation, the assertion in report is correct. Apart from that all is fine.
Regards
Hi Ehsan!
That all sounds pretty good stuff from where I am sitting. Provided you referenced well in the text (trust you read the OT Ultimate Guide to referencing your RAP?) then I really don’t see any problems at all.
You know what I am going to say now, don’t you?
(Yes – Chill baby, chill!!!! :- D )
Regards
Trephena
PS I doubt the marker noticed the mistake in the Presentation as they probably don’t have time to read everything in the slides. I think they mainly assess whether it would be effective and appears interesting (as opposed to being dull and boring!) Although I do know they don’t like it if students copy and paste too many long passages of text from the report onto the slides.Oh that’s good.
Yeah I referenced a lot, so much that I got one wrong.
So, how much time does marker give to one project?
My friend says that passes are easier and quicker as there is nothing to feedback. In that sense she says there would be an incentive to pass as many as possible as a fail takes her up to 4 times as long (depending on how bad it is because of the amount of feedback), however as a professional she states she would never pass something that in her opinion does not meet the Assessment Criteria.
Seems the worst thing with a resubmission is to find the student ignored the feedback (and then failed again). She said she has occasionally wanted to write in their new feedback ‘I spent a great deal of my time writing my feedback to you last time and I am now wondering why I bothered as you obviously didn’t bother to read it’… but again as a professional she says she can’t do this – even though the temptation is great! 🙂
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