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Hello Sir,
I know P5 is a very different subject and probably the most tricky one in an exam context. The requirement of the questions are sometimes the most important element to understand in correctly approaching towards a reasonable answer.
I am preparing to write this paper for Dec16 exam session and I have started with a BPP Revision kit. I work 12 hours a day five days a week in a non accountancy role and I find it little helpful to learn theories for an exams from a study text I find it little helpful or useful especially for passing an exam but still I always buy one.
This way of approaching towards ACCA exams has always helped and revision kit is the only book I refer to for an ACCA exam session.
I can also appreciate the fact the way P5 examiner approach this subject and set the scenario and then requirements of a questions so I think preparing from an revision kit (and of course in conjunction with opentution lectures notes and ACCA technical articles) will offer me best chance to secure a pass and referring to study texts only occasionally for certain issues.
Could you please advice me on my approach and as a background to be very straight with you sir my experience to date is to never fail in an ACCA exam I have just resumed with ACCA studies after a gap of 8 years and and started with writing P1 I could only manage to write on the 70% of the marks available but was still awarded with passing marks and just recently wrote P3 in Sep 2016. I also never ever prepare for more than one subject for a single exam session throught my CAT and ACCA studies.
Your advice will be worth a million dollars to me and I truly appreciate your time and efforts in teaching and answering our questions on this forum and I also know it might not be a correct forum to ask this type of question.Thank you.
P5 contains relatively little new technical material (economic value added, predicting company failure, and non-financial performance measures are the nain areas).
It is very important to learn from doing questions- as you seem to do. Turn to the text book, OT notes and lectures when you need to to either understand a theory or technique or to gently expand your knowledge.
Thanks for your reply sir truly appreciate this.
And yes I use the past questions exactly the same way as you have advised and then filling the gaps in knowledge areas through referring back to a study text and your lectures. And your technical articles on ACCA website is also a unique treasure for me in filling those knowledge gaps.
Thanks. Best regardsDear Ken,
Do you have a list of topics that have been deleted from the syllabus , which we should be aware of especially when we use old kits in revising?
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