p5

swaaaa

anyone try p5 today

wasnt too bad, never set eyes on the content of question 3 before,dbs had me well prepared for that!

dearg lady

I thought it was awful!!! really bad, and I was pretty well prepared, but just don't think it was a fair paper...a full 35 mark question on balanced scorecard...20 marks on six sigma!!! I just felt that it didn't cover a broad range from the syllabus.

swaaaa

yeah not impressed with it either,the six sigma question wasnt nice at all.

that guy shane johnson doesnt seem to set fair papers

Climber

Didn't go well for me. Considering that this is my last exam (out of 12) I'll be extremley annoyed if I fail (never failed one before btw)

Question 1: Evaluate/compare two hospitals performance using non-financial performance indicators such as number of Deaths!, Number of infections reported! WTF

Seriously, how can the above question be in any way relevant to someone meeting the requirements of the Companies Act 1963 (being a qualified person being able to sign off on books of account)?

If ACCA can't think of a decent exam topic then they should just not bother, instead of creating this 'stocking filler' nonsense.

Justintime

Climber, just be glad that it wasn't an auditing exam as it's the 1990 Act that determines a qualified person to audit financial statements!!

dearg lady

yeah, same for me climber, well I took that and tax, haven't failed any so far but think I may fail both of em now!! When I got the exam paper I actually double checked the front cos I thought they'd given me the wrong paper, it was all so weird! Ah well, can't do much more than wait now, though I did mention all this on my feedback.

climber, well its an optional paper, isnt it?

imho p7 and p6 would seem more appropriate if you want to be an auditor.

personally I am looking forward to sitting p5.

Hanley

Climber wrote: »

Didn't go well for me. Considering that this is my last exam (out of 12) I'll be extremley annoyed if I fail (never failed one before btw)

Question 1: Evaluate/compare two hospitals performance using non-financial performance indicators such as number of Deaths!, Number of infections reported! WTF

Seriously, how can the above question be in any way relevant to someone meeting the requirements of the Companies Act 1963 (being a qualified person being able to sign off on books of account)?

If ACCA can't think of a decent exam topic then they should just not bother, instead of creating this 'stocking filler' nonsense.

That's near identical to a question we got on our Economic and Social Policy exam in my final year of college. Such a random one for the ACCA to throw in....

Climber

imho p7 and p6 would seem more appropriate if you want to be an auditor.

Yes I agree with that. But what kind of career path would P5 be useful for I wonder?

A business analyst/consultant/waffler?

This is a professional accountancy course is it not? I actually choose P7 for my other option. I thought P5 would help me 'broaden my horizons' with regards to commercial awareness/business acumen, but now I think that the P5 paper is too much out of sync with the rest of the course and needs to be radically overhauled.

dearg lady

Yeah, it was very heavy on strategy and analysis. I mean, P3 covers all that already! Certain amount of overlap yes but I didn't revise the entire P3 course, which may in fact have been more useful to me!
Raffles, I was looking forward to sitting P5 too, enjoyed the course, enjoyed revising it even, I like the logical flow of many of the questions, unfortunately the paper had very little in the way of computations, and was significantly different from previous years. I hope your P5 paper is better when you sit, in fact I'll probably be doin it again in Dec too!