AFM*** P4 December 2014 Exam was.. Instant Poll and comments ***

@Ramesh you making a decent point, apparently they would have to go easy on marking or too many people will fail. But I, for example, knew how to solve Q1, but because it involved so many calcs I felt behind time and didn't do well on other questions simply because I had no time to think or read properly. Now I am pretty sure I haven't passed simply because I haven't attempted 2 questions with care and was in rush. While I know the syllabus very well and scored well in Q1. So I will most likely fail while some people who performed worse but across all questions and with substantial less knowledge will pass since some marks will be just given to them as a gift for having sh*t examiner. I don't like that and I don't like playing these games. I would never recommend ACCA to anyone because of that.

Hey this P4 exam killed my esteem.I waisted my time,energy,my brain and money.my colleagues have been asking me why am i taking so long to qualify.i am thinking of changing to P5

I totally agree this paper was difficult and there was the issue of time pressure as well. As accountants how does all this difficulty actually help us in practise? I feel the papers have gotten more tricky with each sitting and it feels like no amount of preparation is enough. Only by the grace of God!!!

First Q1 was underictly i took to much time to find the value of the company before the aquestion and after qustion , i used groth modle and dividends model to find the vale of equitu i got stuck at the end to find the value of other company . then i used expected value to clauclate the npv but i dont know the approach. of probability and condition then i regerd of asset beat but i use cost i find ke i didnt caluclate the wacc becouse the is no debt iisuue financila risk same but the bussines risk change Q2.3.4 was direct but i countd finish in time . so the examiner testing our ability to mange time and solve question under exam pressure

it was 95 and 90

Paper was good. Easy.. but due to time pressure it was OMG!!!!!

Going through all the comments, the paper appears to be a real disaster. Well I agree with you guys. But what I can say is hang in there. I failed P4 once. On the second attempt in June 2014 it was even worse and was able to attempt just 70% of the paper and was a sure Fail as I hardly knew what I was writing. I even started studying for a re-sit but when results came, I had got 56%. So miracles happen, just don't give up. It's one of your final papers so have courage knowing that you will pass. May tons of luck be with all of you.

come on dude... i also failed to notice that :D

the perfect reply in a long time... thumbs up Bro :)