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passing essentials

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › passing essentials

  • This topic has 1 reply, 2 voices, and was last updated 13 years ago by AvatarJohn Moffat.
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  • August 13, 2012 at 7:09 pm #54106
    Avatarsukaina1786
    Member
    • Topics: 5
    • Replies: 12
    • ☆

    dear sir. i have 2 questions

    (1) is this true that if u have one paper left to become an affiliate, they dont let u pass????

    (2) since i was unsucessfull in clearing p4 in my first attempt, i would like to know where i went wrong. so can u pls give advice on what are the essentials ffor a pass while studying for this paper, so that i dont repeat the mistake again, and learn from my failure….

    thank u in advance

    August 14, 2012 at 6:08 am #104266
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54838
    • ☆☆☆☆☆

    Your first statement is not true – it does not matter how many papers you have left, if you get 50% you pass and if you get less then you fail!

    With regard to your second question, there is no magic formula. The most vital areas are investment appraisal, business valuations, cost of capital, foreign exchange and interest rate risk management, but you really do need to study the whole syllabus.When you are confident that you have studied the syllabus properly then it is a case of working through as many questions as you can – especially all the pas exam questions. Dont just concentrate on the calculation parts – read and learn from the written parts of the questions as well. And don’t forget the professional marks – they often make the difference between a fail and a pass.

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