Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › *** P4 June 2012 Exam was … Comments and Instant Poll ***
- This topic has 115 replies, 78 voices, and was last updated 12 years ago by abdelbagi2004.
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- June 15, 2012 at 11:01 am #98365AnonymousInactive
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No offence Hafeez, but I have answered his questions in that style and still failed. The point is that question 1 in all of his exam is made to be very confusing. There is too much information in there and you have to look for the bits you need. There lies the problem, you spend too much time looking for those bits and you end up wasting time
Question one usually carries the most mark, so if you cannot complete in the time frame, you are definately failing. Even though you finished option and question 2.
Its not like we are all stupid, but in the real world, it takes people days to analyse invesment data. I still don’t understand why his scenarios can not be a bit straight forward so we answer questions.
we were to ungear a diff company and regear another company. Did he have to make the other company confusing by mention that the beta we needed was not pat of the one he had given?
Well I guess it is normal to make exams very dificult but at least consider that there are people who are slow in reading and people who have to think before they write.
To me, the exam was rubbish as usual, and i am begining to learn his style – which is to make students sweat. Well, goodluck to everybodyOne more thing, I am not sure about informing everybody about the questions you just sat. Cus I believe there are some locations that sit this exam just after us or there about. So if they are about to take it, they will have an advantage over us and then revise the topics before they sit. That is my opinion anyway
June 15, 2012 at 11:38 am #98366AnonymousInactive- Topics: 0
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But guys, we can complain all we want, the fact is that a well prepared student would have read widely and practised enough to make it through !!
I do not blame the examiner at all ! If ACCA were to be watered down, then it would lose it’s worth !!
I like it just the way it is, as hard and difficult as it is , because i can hold my head up really high if i do make it through.
I passed P5 in December 2011 despite similar sort of sentiments from candidates.
Let us all aim to be that sharp, that discerning, that quick and organised to pass these exams no matter how ‘difficult’ they may be …..
June 15, 2012 at 12:19 pm #98367AnonymousInactive- Topics: 0
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Well had a terrible exam and negative feeling dec 2011 and failed with 45. this time i got good feeling, not saying the exams went good, I feel like I m on the edge. Hoping to pass but did find the paper easy compared to last two times.
June 15, 2012 at 5:36 pm #98368Time 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.
June 18, 2012 at 5:16 pm #98369AnonymousInactive- Topics: 0
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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
June 19, 2012 at 4:14 pm #98370Guys 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.
June 19, 2012 at 6:09 pm #98371AnonymousInactive- Topics: 0
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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
June 20, 2012 at 10:52 am #98372AnonymousInactive- Topics: 0
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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.
June 20, 2012 at 12:46 pm #98373AnonymousInactive- Topics: 0
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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.June 20, 2012 at 4:16 pm #98374AnonymousInactive- 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 meJune 20, 2012 at 10:03 pm #98375AnonymousInactive- 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……..
June 21, 2012 at 3:13 pm #98376AnonymousInactive- Topics: 0
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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 🙁June 25, 2012 at 1:43 pm #98377worst exam of the whole ACCA qualification.. i should have chosen another option. just hope i get a 50.
June 28, 2012 at 10:47 am #98378i 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
thanksJuly 1, 2012 at 8:24 am #98379AnonymousInactive- Topics: 0
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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.July 1, 2012 at 1:55 pm #98380thanks fongky2
yes english is my second languge i like computatin as i pass f6 and f7 first time
and p2 and p6 3rd time i not have tution self study and work
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