[GeorgeB169]

Passed with 77%
Finally an affiliate.
No more exams.

What should I learn next? Cooking? French?

[GeorgeB169]

I failed with 48…lol.
Tbh I got a bit cocky with first time passes and didn’t make enough effort for this one.
I’ll make sure I put the adequate hours in for the September resit.
Congrats to all who passed!

[GeorgeB169]

Passed with 67%, first attempt, over the moon!

[GeorgeB169]

Omg I made it with 50% on the dot. So relieved.

[GeorgeB169]

Passed with 68% on my first attempt! I’m actually ecstatic as I was expecting a marginal pass or fail! Very happy 🙂

[GeorgeB169]

This is the one I’ve got. Apart from the cash flow hedge I managed to pull of an answer for all, I’m just uncertain if I wrote out my answers up to their expectation. It’ll be a marginal pass in the best possible scenario. However, if I’m prudent ( 😉 ) I’d say its a fail 😀

[GeorgeB169]

That does look like a decent enough set of questions.
I’ve a got a nasty set of obscure questions:
Q1 – goodwill calculation (pretty standard, few tricky FV stuff)
theory behind goodwill, shares measured at FVTOCI, contingent liability, disposal of associate
Q2 – pretty standard ethics stuff, some discourse around prudence, materiality, and relevance.
Q3 – Hedge accounting with entries (!), deferred taxes, FRS 102 goodwill (I did UK variant)
Q4 – restructuring stuff and termination benefits

My brain was fried towards Q4, I wrote a lot but wasn’t structured properly and I nearly ran out of time.

I feel I’ve unloaded all my knowledge but wasn’t particularly confident in my answers.
Fingers crossed…

[GeorgeB169]

Pass with 59% I’m a very happy man. It’s been a ride.
Won’t be doing audit for the advanced papers though hahah…

[GeorgeB169]

I thought it was a lame exam. No capital allowances, barely any profit adjustment – they didn’t include any of the fun stuff!
I thought Section A and B was ok, although I made some dumb mistakes too…
We’ll see in 6 weeks.

[GeorgeB169]

Passed with 52 (…lol). I’m overjoyed though, I invested so many hours into this paper and I’m happy I cleared it on my second attempt. I’m kind of happy I failed the first time because it made me more determined and focused. Try and harness the power from failure! Don’t give up, keep fighting!

[GeorgeB169]

I’m not sure if I’m buying this.
The ACA is purportedly more difficult than the ACCA…
Albeit we see 30-40% pass rates.

Booking an ACCA exam costs £130 (I’m unsure of the lower/higher levels…)
I sometimes have a feeling that they’re trying to rip you off.

Compare it to the CFA pass rates, notoriously know for its demanding syllabus; students spend 300+ hours on it and it is still manage to keep the pass rates from 49%-55%…
compare that to the ACCA Performance Management or Audit and Assurance; 39%-40% for PM and AA 36%…

Being demanding and expecting students to know a wide range of topics within one subject is perfectly expected. I no longer take failing an ACCA exam personally, as I am confident in my intelligence levels

[GeorgeB169]

Yeah that’s what I got too. East didn’t satisfy both of the metrics, so no bonus for them. Only for West.

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