*** P7 June 2011 Exam was … Post your comments here and vote in Instant Poll ***

this exam was tough mennn! I went through the questions and could not figure out what to do with question 2! I could not write enough points in all other 3 questions. Overall, it was tough and hope for a 50….goodluck to you all…..

tough exam, scenarios where time consuming Q1 & Q2 terrible questions. i was hoping this time round i wld get it right. but it was worse than i expected. in all it was a time pressured paper i wonder how many people attempted all 4 Qs.

@chitalu said:
tough exam, scenarios where time consuming Q1 & Q2 terrible questions. i was hoping this time round i wld get it right. but it was worse than i expected. in all it was a time pressured paper i wonder how many people attempted all 4 Qs.

I managed to answer all questions, however near the end alot of my points were “bullet points” but may get a few half marks! Fingers crossed.

Yikes!!! I had a good feeling about the exam…i applied as much common sense as i was cable of (!!!) but after reading all these comments in here…I am seriously scared of the outcome!!! :S

Thought the paper was quite tough, thought December’s was far easier. Alot to do. I started with Q3 and 4 and then had and hour and half to tackle both compulsory questions. But got lost in all the requirements with both of them so im expecting to be sitting this paper for the thirs time this december.

The exam was extremely time-pressuring. To assimilate so much information in such a short time and prepare quality answers was hard, but I am trusting God that I have pulled through.

The center I was in the lights went about 4 times, and added to that the air- conditioning was out. We got back some time however.

I did Q2 first, then went on to Q1, when time ran out, I left out 11 mks, then went on to complete Q3 and Q4.

just reading your posts waiting for the December sittting fir this paper

Bad paper. I think with at least some of the past papers there was a 50/50 slip between for and against. With this one, the overwhelmingly lot were skewed for against.

The paper wasn’t that difficult but thats not the point, the breadth of it and the fact that you had no pilot paper to practice structure made the job seem extremely daunting.

The second i opened the paper and to my surprise, could not locate the exact question put me off track for at least 15-20 minutes extra then as standard. You see, most of us who pass the ACCA do so with average grade of 50-55 marks, 1 mark between a 50 and a fail at 49. Those 15-20 minutes and for some people, even more are the difference between a 49 and a 54, let alone 50.

Now contemplating, i recollect question 1 more furtherly. 18 marks for issue, identifying risks and procedures but there was no indication of how many marks for each one, it was itemised. I could in theory spent 60 minutes on identifying risks, running into 40 hypothetically risks, each one valid but i wouldn’t really have an identication of how many were required.

There was alot of unneccessary info that appeared to be red herrings and alot of time was wasted reading them. There wasn’t i say, any let up in the exam.

I think Lisa Weaver, credit to her, trying to be original with her format but i don’t think she could possibly contemplate how long on average the student body would need to do those questions, ie 3hrs or 3hrs and 15 minutes? and so forth. The fact there are alot of sample negatives here who are complaining about the time allocated just proves that she got it wrong.

Anyhow, i’m waiting to see the past rate this sitting. Last year it was 34% and it averages around that figure. I would be shocked to see the pass rate this time around to around that ball park as this exam there was alot of needless time wasting, you know, the time needed to get that 1 extra mark for a 50. If the pass marks are around the norm then i know the ACCA caps results and is just pushing up your 44-49 marks to over 50 just to meet the quota.

I don’t work for audit and even if i did, trying to get my head around the format really took me off my stride. I don’t expect exams to be easy, they shouldn’t be, the ACCA has a hard standard but i just feel if i get a 49 it was due to a cheap shot.

@nicolas03 said:
Hi everyone. ACCA normally carries out a survey during and after the exams, asking about how we found the exams. COMPLETE THIS SURVEY AND LET’S MAKE OUR VOICES HEARD! In this way, they will consider our grievances and adjust the marking scheme for P7.

Thats good Idea.
I will definately do this… and I Request all of you give ur feed back.
atleast this will help in future exams.

The point is not about difficulty of topics those were tested… the point is that the format was messs…. requirements were difficult to locate…. there shud b a clarity project of P7 Exam as well…. at least requirments shud be easy to locate and in prominant format… so one can focus on them…. As examiner have been complaining in every exam about “failure to answer the exat question requirment”…

1 last thing the time pressure…. too much info to read… In real life we have more time to understand such emails…. and we have the facility to discuss with Partner for more understanding..

GOD Bless You All… 🙂

I ATTEMPTED 90% OF THE PAPER AND HOPE I WILL INSHALLAH GET MARKS ABOVE 50
NO DOUT IT WAS MONSTER

Those who have done statistics will agree with me that any population should exhibit the attributes of the normal curve. By analysing all the comments here I have come to the conclusion that time was the major constraint. Was the examiner primarily testing time management? I must state that the primary objective of any exam is to test knowledge, that time management should only be secondary. This paper failed to adress this primary objective through time pressure. ACCA should do an analysis to determine how many students finished comfortably (the curve will be severely skewed). This is a practical paper, and this ideal should be reflected in all the aspects of the paper, including time requirement. I am kindly asking the examiner to be practical in the future.

mmmmh.
my friends and i must have been sitting a different exam. i found it was very clear in the instructions and was exactly what i expected, same as every other p7 past paper. Q3 was more or less writing itself, a gift.
Q4 was ok and both scenarios in q3 and q4 were filled with points and hints. you just needed to read it once and mark them.
time for q1 was ok, q2 i found was a bit short for the cash flow but then again if its only 8 marks, then you dont write any longer than 14 min, and move on. fullstop. its easier to gain the “early, easy” marks in every question that you are attempting than trying to get the last two hard marks. if the time is up for the question, its up, turn the page and move on. 1.8 min per mark allocated. its easier to score 50 marks out of 100, than 50 marks out of 80.

i hope i can pass it