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Standards and tips for p7, 3rd attempt!

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Standards and tips for p7, 3rd attempt!

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
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  • Author
    Posts
  • April 28, 2017 at 3:53 am #384176
    Kaveena
    Member
    • Topics: 5
    • Replies: 0
    • ☆

    Hi mike
    This is my third attempt at p7, I got 48 in the March session. I was so distraught, but I am determined to pass this time I thought I had done enough to pass but clearly I didn’t.
    I’m confused on where to start, should I start revising my text book and then move on to reading questions? And also about the IAS and IFRS, do I need to study them in detail and answer them perfectly according to the standards??
    Please help.

    April 28, 2017 at 8:00 am #384192
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Forget your text book

    Go straight into your revision kit

    As for standards, no, there is absolutely NO NEED to memorise the contents of standards

    So long as you are close to the standard in an answer to a question where accounting treatment is being looked at, that should be enough

    (And don’t even begin to think about learning standard titles and numbers!)

    Here’s some advice that I have been giving to other in a similar situation – you may need to adapt it given that you are 2 weeks behind these others

    “Hide your study text in a place that you can forget about

    Open a revision kit / exam kit from a reputable publisher and read it, from start to finish, question, answer, question, answer, question, answer, question, answ…. and keep doing that, reading the book from start to finish

    When I say “read” that’s exactly what I mean. Don’t try to learn. Don’t try to memorise. Just read

    Pay attention to the way in which the specific question requirement is addressed

    Notice how many different points are raised in the answers

    Reflect upon the professionalism of the answer

    And read too:

    examiner’s reports
    the last 10 technical articles
    my exam technique article on the P1 home page
    the exam technique article on the P3 (yes, P3) home page “From a marker’s perspective” – this article repeats the advice from my own article but it may reassure you to know that the advice is not mine alone but is supported by no less a person that a member of the P3 marking team

    But, most of all, read that book over and over again and again until 22 May and then post again for the remainder of the advice on how to tackle P7”

    OK?

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  • The topic ‘Standards and tips for p7, 3rd attempt!’ is closed to new replies.

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