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Time pressure is a huge issue on this exam. I am usually a guy that does very well on time but in this case, I might have left about 22 marks (most of Q2) on the table which equates to needing 50/78 (or 64%) on what I did answer. But what I did answer, I felt fairly comfortable with.
I did not find the exam to be unreachably difficult and perhaps it was challenging but certainly passable if you have read the study text and done practice questions. The problem is that the analysis requires too much time and there is insufficient time in the exam.
This begs the question, what is the purpose of the ACCA exams? I would have thought that this would be to demonstrate that you have the prerequisite competence to apply the syllabus to different scenarios. Not that you should do this as quickly as possible and forego some degree of accuracy to finish the paper. Why even have a time limit? Why not have a time window at the professional stage?:Does the time pressures of the exam reflect the professional reality in which we live? I think that these are questions that should be asked and dealt with.
From my perspective, if I were a CEO of a company trusting the CFO or treasury manager to make a recommendation on financial strategy or tactics, I would want a high degree of accuracy first and foremost, even at the expense of extra time.
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Hello everyone.
I am a P4 veteran now, as this was my 3rd attempt! I use BPP material and home study. Self-teaching left me very under-cooked for my first 2 attempts, I bombed and got ~30% both times. This time round I think I may have done enough and have the following recommendations which I felt were the difference this time:
1. This paper was much much easier than the last 2!
2. Yes, Q1 is the most demanding, however the biggest tip I can possibly give is to do this Q FIRST not last as a few people have suggested. The easy Qs (ie 4 and 5) are still there afterwards. Q1 actually wasnt that complicated as a result of just taking MORE time.
4. Of course there is still time maintenance. Just move on from the longer Qs when you must!
5. This exam has probably the lowest pass rate (and i’d imagine the lowest retake pass rate too) because the Qs are not easy to predict. In my 3 exams, the Qs have been varied and its been difficult to revise as a result. As they were covered in June 11 and Dec 12, I guessed that options/futures etc weren’t going to be covered whereas BSM would. So I got lucky. I think on the whole you need some luck in this exam.So good luck everyone
Guys i have never really writen like this. I almost completed the whole booklet. There is so much to do within 3 hrs. I left 9 marks un answered. i hope for 50%. I hope the good lord will carry me through. This was my 3rd attempt but i have never really studied for an exam like this before and i have passed all my exams first attempt serve for F6 and this paper which is now standing between me as iam and being an affiliate. Please Lord answer my prayers.
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I have sat this exam now three times and i don’t feel that i can pass this exam. Covered the entire book, exam kit and all the assessments.. i felt prepared for the exam this time. I have never studied so hard for an exam. I started the day after i found out i failed. However i reckon i will have another resit. Just not sure if i should just change subject
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for all those who has attempted P4 the 3rd time and still fail, for god’s sake, change subject. P4 is not for you. This paper is designed for geniuses. Do not be a hero. You may turn out to be zero in the end. If you do have an urge to re-take again, i think you should engage a super good lecturer to guide you through. Or maybe engage Shirshir Malde himself.
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@fongky2 said:
for all those who has attempted P4 the 3rd time and still fail, for god’s sake, change subject. P4 is not for you. This paper is designed for geniuses. Do not be a hero. You may turn out to be zero in the end. If you do have an urge to re-take again, i think you should engage a super good lecturer to guide you through. Or maybe engage Shirshir Malde himself.Hehehehe P4 is not for geniuses alone – even those who have passed this paper in the past can still fail it if they were ever to write it again.
The syllabus is huge, the questions unpredictable and long and the time is severely limited.
People fail not because they don’t have the intellect or technical skill, people fail because they have not mastered the correct exam technique for paper P4.- Topics: 0
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Right, well reading this forum has made my decision for my options, P4 is out!
It sounds P2 x 5 on difficulty level. not for me- Topics: 0
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the only P4 is the paper which pulled me back to studies…! keep it up shishr… ! make it more challenging and technical tooOOo……..
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u guys are scaring the shit outta me.. i did pretty well. attempted all hunderd marks. i even got the VAR and dark pool (guess work lol) thing correct…
i dont even feel q1 was that tough. it was just confusing. as far as i remmbr the examiner asked about the percentage change in share price’s of the target and bidding company… it is obvious that we cant give the exact change is share price, thus i gave a range of % change in prices. where i compared the current market prices with the new prices arrived by using FCF growth model and eps.i think this was the most likely way of attempting this question.
But after reading all ur comments i felt that i was just over confident.
plz plz plz god just 50 wud do 🙁worst exam of the whole ACCA qualification.. i should have chosen another option. just hope i get a 50.
i want to do this paper p4 first time in dec 2012 as i attempt p7 3 times
dec 2009 33 mark dec10 27 dec11 16 mark
i pass p2 june 2009 57 p6 june 2010 50
so i want to do p4 not p7 or p5
when i reed your coments i confuzed
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@abdelbagi2004 said:
i want to do this paper p4 first time in dec 2012 as i attempt p7 3 times
dec 2009 33 mark dec10 27 dec11 16 mark
i pass p2 june 2009 57 p6 june 2010 50
so i want to do p4 not p7 or p5
when i reed your coments i confuzed
thankswhy not p5? i pass this paper first time. a clear pass 56 marks. i studied part time class, BPP text and practice past exam questions a lot plus reading and understand the examiner’s technical articles, comments and guidance religiously.
I flop p4 twice. 42 marks first time and 31 marks on second attempt. from the way you write your comments, i think you need to brush up your english to pass p7. personally, i think you need to be very good at maths to pass p4. large part of the answers require computation unlike p7 which is almost entirely narrative. the choice is yours to decide. good luck.
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