*** P5 June 2013 Exam was.. Post your comments ***

The question1 seems OK. Question 2 wasted my time then do Q3 and Q4. The requirement of question is confusing for me. 5 forces is how to link performance and reporting and how to impove performance report using 5 forces. It is difficult to answer. These question should not have the single and standard answer due to big dimension to reply. If examine marker use standard answer to mark, it will be disaster for all participators.

This was the worst paper i ever had!
Wasted so much time on ABC/ABM, which i finally didnt do. I didn’t have a clue of how to tackel the question
Section B was horrible! There weren’t that much thing to write about for so much marks.
God i would have prefered sitting for the pilot paper!

<cite> @feng2012 said:</cite>
The question1 seems OK. Question 2 wasted my time then do Q3 and Q4. The requirement of question is confusing for me. 5 forces is how to link performance and reporting and how to impove performance report using 5 forces. It is difficult to answer. These question should not have the single and standard answer due to big dimension to reply. If examine marker use standard answer to mark, it will be disaster for all participators.

so true!!

That Question on Porter’s Five Forces was total guess work for every body who attempted it including me. I just wish the markers become just lenient, For Example what performance measure do you recommend for Bargaining power of buyers?
Remember we have both financial and non financial but Alex Watt wanted only one. Which means if you chose Financial no non financial and you have to defend your choice. It was not really easy in such a short time. Anyway hope they become lenient but those section B questions were very horrible.

The exam was relatively ok, however I was not good in time management.
I got comfort with Q1 (BSC and Building Blocks) but spent lots of time there that I did it next to Transfer Pricing. I became lastly pressured and running with out of time to do the last one, Porter’s Five Forces. May I get 50!? hope with doubt!

Such a tricky set of options. It’s a shame that so many people will be judged solely on how the incredibly reasonable Q1 went as they scramble over the finish line. A lot of people seem to be complaining about porters 5 forces where realistically it was a gift to get such a basic model. The only difficulty in its application was the complexity of the product (fuel cells?!) which could have confused many of threat of substitutes etc and the fact that the product wasn’t actually available as such therefore ruling out customers as a Power (car users). Other than that it was passable I think.

However… The abc and TP questions were incredibly unapproachable. I was honestly prepared for both and found I could barely scratch the surface with the numbers. I resorted to doing the ABC question but should have spent my time perfecting my other answers (yes it went that bad!). I couldn’t work out anything so took the hated approach of discussing how abc will enable more effective management of costs compared to the existing absorption method. I really hope I don’t have to rely on a single mark from this. I need 50 from 75 to be totally honest. Fingers crossed.

I am going to start my ACCA study again after long time and i am feeling that my knowledge is not updated. i have decided to attempt P5, and also i am self studying. Can any body guide me how to start and what has to focus during the study.

Anyone is there to express your opinion after reading answer of p5 Posted by ACCA.
What’s your expectation about your upcoming result after reading answer of p5…plz plzplzplzplzplzplzplzplzplzplzplzplzplzplzplzplz share your feeling