[cathyf7]

@amcterna said:
Apparently the system was changed to challenge questions in 2009 two years after I joined and they moved it to online only in 2013.

In theory the original application I used when I joined in 2007 should have worked. However, they appear to have lost my original application and so cannot confirm. They cannot even look back to last week to see that I had the objectives signed off on my status report.

They did say that if I had printed out a copy of my status report showing objectives met, then they may reconsider. But I had not printed it out as I had no reason to.

I applied for membership this week and was told that my optional objectives were not completed even though they show as “achieved” on my status report and the PER website. I had done these in 2008/09. I was able to send printouts of both and they said that didn’t prove anything. Very frustrating that I thought I was good to go – if there was a problem I would have dealt with it earlier.

The membership process is supposed to be automatic if you have completed everything – if I had waited, I would not have known there was a problem, so I suggest anyone else in my position applies online rather than waiting.

[cathyf7]

@hattie said:
4th attempt….what would you advise?

My study technique was complete immersion with all my spare time. Of course, I scheduled non-study time too. I was listening to podcasts to/from work, reading student accountant articles at lunch and studying 1-2 hours each night, around 4 each day on the weekend. There are plenty of youtube videos if you search “ACCA P7.” I used Kaplan’s premier online study which has text, online lectures and mock exams. Study the returned papers, don’t just look at the grade. Do lots and lots of past paper questions. Some I did to time, some I took longer to make sure I knew the subject. Refresh on P2 IFRS/IAS but not in detail, just general gist of what it is about.

When it comes to the exam, calculate your 1.8 mins and move on to next question when time is up, even if you think you have more to say. You can go back if you have time.

Hope that helps.
Cathy

[cathyf7]

Passed P7 with 59%, whoohoooo! After two P4 fails, this is such a relief – I am now an affiliate 🙂

[cathyf7]

@amcterna said:

Does anyone know when they brought in the challenge questions? Also can someone remember how it was in the past?

I achieved the PER objectives between 2008 and the last couple in Jan 2013. They all still show as achieved. I did them all online with challenge questions because, when I needed them, I couldn’t find the few I had done on paper with mentor signatures 🙁

[cathyf7]

I can’t speak to LSBF but just used Kaplan online learning and it was very good. There were excellent study and revision plans, plenty of mock papers marked by the tutors, and paper study/revision texts. BPP is good but too expensive.

Thanks to Open Tuition as well; it’s been a great supplemental resource for me over the years.

[cathyf7]

This was my 2nd attempt and I felt I knew the material, just didn’t have enough time to calculate everything! Hope to scrape through a pass but likely will take a 3rd time 🙁

[cathyf7]

I think technical article will give sufficient knowledge of Islamic Finance

https://www.accaglobal.com/content/dam/acca/global/PDF-students/2012s/sa_feb13_p4_islamic.pdf

together with OT notes.

[cathyf7]

Passed first time with 59, but failed P4 with a 43 🙁

[cathyf7]

@hgreatorex said:
Are they changing the exam style o just 1 scenario then?

It was just after the first question

[cathyf7]

I think there was an article on Baron & Sachs in Student Accountant, I know I read about it somewhere. Q5b was two perspectives of Balanced Scorecard so I talked about that.

I got a negative EVA in Q3 and 5.9 ROCE.

I did the rolling budget same as others here with the 1.3 increase etc, and then suggested zero based budget.

I thought Q1 was hard but basically went through each division talking about performance individually. Said that under EVA different dept was better performing than originally indicated under Net Income and why. Can’t remember which was which now.

[cathyf7]

These are not electronic – hard copies of texts

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