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*** September 2023 ACCA FM exam – Instant Poll and comments ***

Forums › ACCA Forums › ACCA FM Financial Management Forums › *** September 2023 ACCA FM exam – Instant Poll and comments ***

  • This topic has 28 replies, 19 voices, and was last updated 2 years ago by Abena4822870.
Viewing 25 posts - 1 through 25 (of 29 total)
1 2 →
  • Author
    Posts
  • September 8, 2023 at 8:17 am #691695
    opentuition_team
    Keymaster
    • Topics: 1463
    • Replies: 1409
    • ☆☆☆☆☆

    How was your September 2023 ACCA FM exam?

    Vote in the Instant Poll


    (Comments will be opened after 5PM UK)

    September 8, 2023 at 5:21 pm #691752
    sameenf
    Participant
    • Topics: 1
    • Replies: 4
    • ☆

    Anyone else get negative 650 for the NPV question? …so not a worthwhile project.

    September 8, 2023 at 6:31 pm #691763
    davidvdo
    Participant
    • Topics: 3
    • Replies: 5
    • ☆

    are exams questions different per exam?, cause i did not get this question

    September 8, 2023 at 6:51 pm #691765
    study.22
    Participant
    • Topics: 0
    • Replies: 17
    • ☆

    So annoyed with the lack of working capital questions – this is a massive part of the syllabus yet I got about 3 x 2 mark questions on this!
    I failed in June and this is a resit so really disappointed with this.

    September 8, 2023 at 8:55 pm #691772
    jas478
    Participant
    • Topics: 7
    • Replies: 8
    • ☆

    it was my first attempt but gosh I have been so frustrated throughout the whole examination – I spent so much time on risk/uncertainty to comprehend it well with definitions and working capital as well – NOTHING, one question on rec. days and one theoretical part. If I won’t score 50% I will be so mad – that was my breaking point, I will give up ACCA if it’s not a pass honestly.

    September 8, 2023 at 9:02 pm #691773
    ConorHug17
    Participant
    • Topics: 0
    • Replies: 12
    • ☆

    Don’t give up mate – it’s all long but it will be worth it in the long run

    September 8, 2023 at 9:13 pm #691774
    nabeel.anwar
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    yes mine was something this fig in -ve. What about the fixed cost that was 3m, i was so amaze to see that figure. i might confuese there

    September 9, 2023 at 7:39 am #691784
    sreyasvinayak
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    Did anyone got mak co and ackbar co in exam?

    September 9, 2023 at 10:37 am #691794
    shini05
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    Yes got that too

    September 9, 2023 at 10:45 am #691795
    Yalguunb
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    Did anyone get NPV calculation with a choice of real wacc and nominal wacc for discounting in section c ?

    September 9, 2023 at 10:49 am #691797
    Yalguunb
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    Yes i got Mak Co too , was it the one with Npv .?
    Was your NPV positive ?

    September 9, 2023 at 11:03 am #691745
    SYY14
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    Section C was so easy. One question on 4 year or 6 year replacement question and the second one was on WACC. The WACC question was so easy it didn’t have the more complicated items.
    Section A and B is hard. Too many question on foreign currency and value of of equity questions. The multiple choice, that does not involve calculation have to pick 3 or 4 items per question which made it difficult. and a lot of file in the blank. Hopefully i get most of the points from Section C.

    September 9, 2023 at 12:42 pm #691814
    Soosees29
    Participant
    • Topics: 16
    • Replies: 61
    • ☆☆

    For section C I got an NPV question and a financial analysis using appropriate ratios for the other one. It was pretty straight forward except the NPV question included working capital for net assets, I was a bit confused with that. But section A and B felt really hard. Usually I find A and B straightforward but I’m worried. Hopefully I got the marks in section C too. Fingers crossed!!

    September 9, 2023 at 1:41 pm #691819
    sreyasvinayak
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    Yes my npv was positive. 2625 something. Wbu?

    September 9, 2023 at 2:37 pm #691821
    Yalguunb
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    Yess mine was exactly around 2000 something

    September 9, 2023 at 8:08 pm #691837
    hina128
    Participant
    • Topics: 0
    • Replies: 9
    • ☆

    I had the same part C questions as, you they seemed easy!

    For the replacement cycles did we have to do the NPV’s mine both came as negative? I also struggled abit with the efficiency part as it was a not for profit business

    September 9, 2023 at 10:29 pm #691842
    abdullah181881
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    yes i did to what was ur answer on the npv was it positive or neg

    September 10, 2023 at 12:49 am #691844
    hina128
    Participant
    • Topics: 0
    • Replies: 9
    • ☆

    Negative for both but option with 4 years had the lowest

    September 10, 2023 at 5:43 am #691846
    WakioMungao
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    mine was positive aswell

    September 10, 2023 at 5:53 pm #691862
    davidvdo
    Participant
    • Topics: 3
    • Replies: 5
    • ☆

    NPV cost for the 4 year cycle was the lowest, but 6 year cycle had the lowest EAC.

    September 11, 2023 at 11:59 am #691880
    ConorHug17
    Participant
    • Topics: 0
    • Replies: 12
    • ☆

    The EAC Npv’s where both negative as they are costs (only the scrap value was positive). Do you remember what the written questions where in Section C. I remember The Effiencecy , there was one where we had to explain the EAC process. Using WACC for Investment Appraisal and there was one about the Dividend Growth Model but i cant fully remember

    September 12, 2023 at 10:38 am #691919
    alf.cima
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    The only complication on the WACC one was working out the Ke especially the redeemable which I did the IRR for 5% and 10%..other than that, I waffled on the 5 marker trying to explain efficiency for VFM organizations lol

    September 12, 2023 at 10:46 am #691920
    alf.cima
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    Yes the EAC is supposed to be negative, it calculates cost NPV except for disposal proceeds so you were on the right path..

    September 12, 2023 at 3:11 pm #691927
    ConorHug17
    Participant
    • Topics: 0
    • Replies: 12
    • ☆

    Did you not use the excel IRR formula ? Was a lot easier and quicker. However the “excel” format used by ACCA is so outdated its a joke

    September 12, 2023 at 9:32 pm #691963
    1-6-1999
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    How was the growth calculated in the dividend valuation model for wacc question, if you remember?

  • Author
    Posts
Viewing 25 posts - 1 through 25 (of 29 total)
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  • The topic ‘*** September 2023 ACCA FM exam – Instant Poll and comments ***’ is closed to new replies.

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