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Hello people.
Just wondering how other self-study students are coping and if they feel ready for June exams.
Personally I am really struggling 🙁
I do a small amount of taxation work and I have studied extremely hard but I find when I attempt ACCAs past questions I feel I don’t know where to start. I can see myself turning the exam paper over on 6th June and thinking yikes what on earth…!!I am confident that if the questions were like F6 (I.e a set of figures for you to do the calcs) I would pass this exam ok.
Any comments or discussion would be great
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Not particularly worried no – we’ve got this far haven’t we so whatever method is being used must work ok. A method of mine for exams and especially for the more wordy ones (all the professional exams) is to just read the answers for all the past papers over and over. You’ll soon find that questions more or less repeat themselves. I never wrote one word in my revision for papers P1, P3 or P7 and I passed them all first go (and got placed in P7). However, I had read each exam at least twice and in some cases 4 times beore sitting the exam.
Obviously with P6 you’ll have to practice, practice, practice at the calculation parts but for the wordy parts I would reccommend just reading the answers to begin with. Read them at least twice (as 2 seperate sittings) as you’ll find it’ll take a few times before things start going in.
Yes I totally agree – similar approach for me with P1 & P3 – I only read text and past papers.
Im taking P7 in June too, Ive basically (as for all my other wordy subjects) summarised anything I can get my hands on lol!! Past papers, revision questions, articles, all summarised.
Its just a case of learning.I dont now why but P6 is the first time in all of my exams that I havent felt prepared at all and yet is probably the one ive done the most work at!
I will certainly try your approach of reading past papers – if Im honest I had stayed away from all past papers except Dec 13 because of the FA updates – didnt want to learn the wrong rules!!
Best of luck
the central theme for p6 (tip btw) is if u forget a law or a rule, do whatever makes the tax liability greater 😀
has worked for me so far wherever I forget a rule.
f6 is like small maths problems but p6 is like 360 degrees panorama, so many facts and figures scattered over the horizon, one who learns how to organize and relate, is the one who reach success. Its like f6 in a way, but consider various questions of f6 put into one question of p6 and still they are not given in sequence but in a jumbled manner. I wonder is this ACCA tactics unique in nature or other bodies like CPA of USA use the same style. I have noticed that some time the examiner, in order to make question fail able, uses ambiguous language, which if used in simple language would make pass percentage high. It makes me wonder, is it testing UK tax laws or idiomatic use of language. Has not information technology done away with such things.
I think P6 is pretty straightforward, i expect there will be something from Income tax, capital gains, Inheritance tax and VAT
If you cover all those, you will be in a good position
P6 is worlds away from P4 in terms of diffciulty and depth in my opinion, I cant believe they are classed as equivalent levels. I think studying (and failing) P4 prior to studying P6 gave me a good discipline for P6 study
Yes. I find the scenario material is too much reading. Under exam pressure we do not have time to re-read the scenario. If only they will put less reading material in exam questions. I did not have time to read the inheritance tax info again and completely messed it up. The actual question was easy, if only I had the time to read it again.
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