Cap 2 Repeat Results

sonofgod

Hi all! I ve decided to create this, so I will not be suppressing any negative thoughts on sitting those exams! Just have not a clue if I passed or failed! Thought I done okay, but do not have the slightest idea!!

Hackysack

I'm bracing myself for my inevitable financial hit if it comes to me having to repeat.

I honestly don't know how I did in them. I thought some parts went well and others went disastrously.

It's just so hard to tell, but i'm at the stage where I just want to know and get it over and done with.

John Cincinnati

The wait is killer. I just want to know. Everyone who made a decent stab at the exam seems to be between 45-55% so you just have to hope you done enough.

What I did do I was quite confident in but I had to rush 20% of the tax and FR paper so I'll pick up hardly any marks. I just hope I did enough over the 4 papers. I was happy just to make a decent attempt this time. I did jealously look at the pass rates for the FAE and wonder why so many CAP2 students are struggling. Even those who passed just scraped over the line. Passing them is a serious achievement.

I think I deserved to pass but it's going to be tight. I'm afraid of falling short on one paper. Could be FR, but who knows it could be any of the four. I tried to think of it that I only needed to get the papers half right, and I think I did that. It's easy to worry about the silly marks you threw away though.

It's pastures new for me if I don't get them but I'd be glad to move on. If I don't get them I'll do the Elevation scheme or do the ACCA's who have much better learning materials.

prinz

tbh I am fairly definite that I failed tax and probably FR, but not sure of passing any really, came out of Audit less sure than I did in the summer. Like Hackysack there, some questions for me seemed to go fine and then others were just a joke. I would be :mad: if I pass three and fail tax, same thing happened as the summer sitting, after three terrible days and confidence completely shot, my head was not together at all when it came to tax on the last day.

The FAE pass rate is really ringing alarm bells, along with the three attempts to pass in 14 months or so. That was for the last year of the old system, surely for the first year of the new syllabus a similar arrangement should have been made, especially after all the cock-ups during the year, between notes, exam papers etc.

Going to be €€€ for me I reckon.

pepp

I really want to pass!!!!! if I don't I 'll be the only one in the whole firm who has failed this year, plus no pay rise, plus extra money for repeats again. I thought the exams went well at the time but the more i think about it the more i think ive prob done worse than first time. :eek::eek::eek::eek::eek::eek::eek::eek::eek::eek: Think I'm gonna go crazy before friday comes.!!!!!!!!!

John Cincinnati

I wonder if there's going to be as much double marking for the repeats. Apparently the exam board double marked a lot more summer scripts this year which would explain why so many people got brought up to 50 exactly.

There was an article in the Accountancy Ireland magazine a few months ago about how they mark the scripts. I think only borderline scripts get double marked by different examiners. Have a look at the link if you're interested:

http://www.accountancyireland.ie/Documents/digital%20editions/April%202009/pageflip.html

It also says they judge before the exam if the time allocated to the marks is 'reasonable'. After sitting them and knowing what I was doing, it amazes me that they think the CAP2 papers were of a reasonable length. They didn't factor in the extra time it takes to organise what you need from the case study. The Prof 3 questions were more compact and easier to bash through.

I had no issue with the difficulty in the exam, but they absolutely crammed those case studies with detail. Like I know I'll probably need to get 60% minimum from the 80% of the paper I answered well to pass - which is definitely possible but it's going to be tight. 20% of my papers were rushed and probably crap even though I could have done it. Really hope I done enough.

noveltea

I am the only one who failed in my firm too and if I dont pass its P45 tomorrow. I am so nervous now just cant concentrate on anything at work and feel so sick in my stomach.

MBMD

I’m feeling the pressure at the moment as well, but just keep the head down and hope for the best, it’s out of our hands now.

the want

i was let go last year, failed 2 in the repeats, missed by 13%. failed again in summer, 44 & 45 in man acc & fin acc. im nearly gone beyond the stage of caring. think ill switch to acca cos im just sick to death of aca, they are all over the place.

pepp

for the secound time the intitute in its wisdom has said the website will be off line between 7 and 10 in the morning what a joke!!!!!!

dustyrip

I was let go last year after failing two as well.

The way the ACA is run is a complete joke and the pressure the firms put on students is over the top(in some firms anyway).

I did distance learning ATT(uk tax) exams two weeks ago and am waiting for my results in January and will then go on to do my CTA(Chartered) then if I get them. Its looking like a wise decision now as there is **** all work in this country and there seems to be a recruitment freeze in the Big 4. The ATT/CTA is modular like the ACCA which is a big advantage in mo opinion rather than being forced to sit four at one sitting.

noveltea

I passed....woooooooooooooooooooo screaming my head off here....god luck every one else

Hackysack

Failed.

I honestly don't know what else I can do to pass these exams.

Little Miss Cutie

best of luck to all getting result..

Hackysack - sorry to hear that. Is there anyone you work with that could help uou with exam technique?

maddogcollins

Passed!!Woop..just hope the results I get from the postman in 4 hours say Pass on it too.. Im a big time worrier and non believer until the paper result comes through!!!

Best of luck to everyone else.

Prezatch

Pass for me too! chuffed

prinz

Passed SFMA, failed rest. Marks actually worse than Summer sitting.

gmcnams

prinz wrote: »

Passed SFMA, failed rest. Marks actually worse than Summer sitting.

Doesn't sound like you are cut out for it tbh

Superlamps008

Just checked my CAP 2 results there - 66% in Auditing and 58% in Financial Reporting! Im delighted:D

Hackysack

gmcnams wrote: »

Doesn't sound like you are cut out for it tbh

Until you've tried these exams, I'd reserve judgment personally.


Edit: I got my breakdown. I only failed one so that's a bit more comforting.

prinz

gmcnams wrote: »

Doesn't sound like you are cut out for it tbh

39% pass rate. Need I say more? :rolleyes:

Hackysack

Yeah Prinz. You're clearly not cut out for it.

sonofgod

Sad but happy!! Another 6 months before I can do the FAE or 18 months before sitting.

How ever I passed 3 out of the 4. Thank f*** no more SFMA, Audit or Tax.

Got 41 % in Fin Reporting.
Probably no good to appeal. Any feedback welcome!!
Also I would love to get solutions to Autumn paper!!
Congradulations to everyone for trying !!

ma.long25

prinz wrote: »

Passed SFMA, failed rest. Marks actually worse than Summer sitting.

I really odnt think ur cut out for it to be honest...

Im really sorry but in my opion ur constant failes are gonno look shocking for c.v...

There are already a lot of chartered accoutants at the moment coming out of practise and your constant failing will put u at the bottom.

I think its time to be realsitic, how amny times ahve u done these exams if its your second time well then ok.. u cn do them again

But i thinku filed last year aswell didnt u!!!

If that the case i think 4 attmepts is enough and you really have to jsut let it go.. and find something else becasue u have spent so much time atempting them!!

Im really sorry to be so harsh but it hink at this stage one must begin to be realsitic!!! Trust me u'll save yourself a lot of sweat and effirt in the long run!!

prinz

ma.long25 wrote: »

I really odnt think ur cut out for it to be honest...Im really sorry but in my opion ur constant failes are gonno look shocking for c.v...

Is this Polish builder Ma Long speaking? (a) this was my first year doing CAP2, have never sat this level before (b) I really couldn't give a toss about what my "constant failures" are going to look like, they won't be on my CV, just like my grades in years 1,2,3 etc of Uni don't appear on my C.V. and no one else will care because I never intend on working in accountancy anyway.

Jamesw2

WHY WHY WHY is the paper so long?

In my opinion impassable because of the length.
Technically not so difficult.
Since when did FR become rocket science??

I push out sets of accounts in work every week. Another year to sit one exam. Am miffed!!

To Prinz: I work with an accountant 60+ that never passed his exams.
He is truely gifted and sought after.
Exams dont make a good accountant.
Keep going til you cant go no more........

the want

all i wanted was to pass fin acc, got 42, 47,42 and now 46. for f*** sake. i wanted to pass this to get an exemption as i was going to switch to acca where i have 6 exams left to do, but to be honest, i think im wasting my time. anyone any opinions. by the way, i hate the sight of ACA, ill never ever recommend it to anyone again . . . . 39% pass rate, wtf??????? maybe i should appeal the 46%????

what do ye think?

Jamesw2

.

Fol84

I passed 2 but I had plan to appeal one of the ones I failed so I think I only have one to do next year. I'm a bit annoyed about it but I knew leaving the financial reporting exam that I'd messed it up. I just didn't get enough of it finished.

As for the few comments written to Prinz today. I'm actually disgusted at those people particularly Ma Long. I don't think its fair and I think you need to get over yourselves. Some people just aren't good at exams, myself included does that mean we shouldn't be aloud into the superior world of the CAI???? I have much more respect for people who accept that the exams are hard but they keep pushing themselves and keep trying. I also don't think the exams are always a true indication to how good an accountant is at there jobs. I've seen this with alot of accountants that didn't pass first time but are still excellent at there jobs.

prinz

Fol84 wrote: »

As for the few comments written to Prinz today. I'm actually disgusted at those people particularly Ma Long. I don't think its fair and I think you need to get over yourselves..

tbh I think it's brilliant. They're after cheering me up no end. What more motivation could I have to get the exams, qualify and then tell the institute to stick it! :pac: Also reminds me of the type of people I do not want to spend my working life with as colleagues.

the want

jamesw2 are you tellin me to appeal? and ur man that failed the 3 exams, weight up your options before you do anything. im on the same boat as you, but theres no point worrying and as for them tellin u to pack in, if we listened to them wed get nowhere. i failed all 4 in summer 08, was told that i had to get them or id be let go, i got 2, and 47 in fin acc, so i was close to gettin 3. (was still let go) u shud have a look at cpa, iati or acca.

sonofgod

The exams are all about exam technique ! Thats why there is such a good pass rate at FAE !! Students understand the exam technique a lot better in final year once they get past CAP 1 or CAP 2 obstacles! I'm sickened to hear that negative attitude from MA Long. It does not matter how you get there. You will still have the same letters at the end of the day! Prinz just hang in there!

Speedy2009

wheres the link for the results?

hooch-85

Fol84 wrote: »

I passed 2 but I had plan to appeal one of the ones I failed so I think I only have one to do next year. I'm a bit annoyed about it but I knew leaving the financial reporting exam that I'd messed it up. I just didn't get enough of it finished.

As for the few comments written to Prinz today. I'm actually disgusted at those people particularly Ma Long. I don't think its fair and I think you need to get over yourselves. Some people just aren't good at exams, myself included does that mean we shouldn't be aloud into the superior world of the CAI???? I have much more respect for people who accept that the exams are hard but they keep pushing themselves and keep trying. I also don't think the exams are always a true indication to how good an accountant is at there jobs. I've seen this with alot of accountants that didn't pass first time but are still excellent at there jobs.

Well said, i feel gutted for those who didnt pass, this whole system is a farce, id love to see how many qualified people would pass if they went back through the new system.. glad to have passed the two i had to repeat but im not looking forward to the nightmare that will be FAE.

Jamesw2

The Want: Appeal if you are borderline. Otherwise i reckon its a waste of cash.

To those who passed.. I salute you. Well Done.

One to go next year and I am determined to blast them out of it. BRING IT ON.

My bosses this morning were very commendable. They congratulated me and gave me the hope that Ill pass FR next summer. I am so lucky. Love where I work. Love the people. Love accounts.

ma.long25

Hang on there, i do not have a negative attidudrew

I was under the impression that this was prinz fourth attemp!!

I was wrong, if this is only your second attempt i would recommend you give it another shot and work on your exam techniuq.

If u fail in summer i would give it another go in autumnm, however if you fail again, iw ould really consider my alternative.

Your only fooling yourself, the amount f work required for these exams is immense and you still even havent finshed the FAE.

If you keep going on and fail in oth summer and autumn next year and attempts next summer. and pass.

The chance of u pasing FAE first time is very slim indeed.... jsut imagine the amount of work you will have to put in.... to obtain a ACA qualificaiton that has been significantly devalued.

Youll be kicking yourself after studinyg so hard and no being able to find a job!!

Im not been negtive at all i am a realist and will always tell it as it is no matter how unpleaent it maybe to here this news at the moment!!

There others jobs out there that pay well, that dont reuqire so much effort to do these exams....

So what is the point of doing them!! If you think tis the world to riches , u are wrong!!

PB1982

ma.long25 wrote: »

Hang on there, i do not have a negative attidudrew

I was under the impression that this was prinz fourth attemp!!

I was wrong, if this is only your second attempt i would recommend you give it another shot and work on your exam techniuq.

If u fail in summer i would give it another go in autumnm, however if you fail again, iw ould really consider my alternative.

Your only fooling yourself, the amount f work required for these exams is immense and you still even havent finshed the FAE.

If you keep going on and fail in oth summer and autumn next year and attempts next summer. and pass.

The chance of u pasing FAE first time is very slim indeed.... jsut imagine the amount of work you will have to put in.... to obtain a ACA qualificaiton that has been significantly devalued.

Youll be kicking yourself after studinyg so hard and no being able to find a job!!

Im not been negtive at all i am a realist and will always tell it as it is no matter how unpleaent it maybe to here this news at the moment!!

There others jobs out there that pay well, that dont reuqire so much effort to do these exams....

So what is the point of doing them!! If you think tis the world to riches , u are wrong!!

Ma long,

I really can't stand your posts. A) They are quite patronising They are difficult to read as your grammar is appalling.

There is a lot more to being a good CA than exam results. Professional communication plays a big part and I can't imagine a manager signing off on any letter or email drafted by you. You seem to have the exams sussed but by the looks of it you're far from the finished article and have no right to give such awful advice especially to Prinz, his determination is to be admired.

ma.long25

PB1982 wrote: »

Ma long,

I really can't stand your posts. A) They are quite patronising They are difficult to read as your grammar is appalling.

There is a lot more to being a good CA than exam results. Professional communication plays a big part and I can't imagine a manager signing off on any letter or email drafted by you. You seem to have the exams sussed but by the looks of it you're far from the finished article and have no right to give such awful advice especially to Prinz, his determination is to be admired.

I think we have a few guys who have their heads in the clouds, sure my english is poor its becasue im not spending lots of time correcting it.

So you would spend the next few years doing those exams even if u kept failing??

What about FAE's how amny times is he gonno fail them before he passes?? 2, 3 ???

prinz

ma.long25 wrote: »

I was under the impression that this was prinz fourth attemp!!
I was wrong, if this is only your second attempt i would recommend you give it another shot and work on your exam techniuq.

You were wrong.

ma.long25 wrote: »

If you keep going on and fail in oth summer and autumn next year and attempts next summer. and pass..

Have no idea what you're trying to say here

ma.long25 wrote: »

Youll be kicking yourself after studinyg so hard and no being able to find a job!!..

Oh I'll find a job alright, it won't be in accounting though.

ma.long25 wrote: »

So what is the point of doing them!! If you think tis the world to riches , u are wrong!!

I don't think that.

ma.long25

prinz wrote: »

You were wrong.



Have no idea what you're trying to say here



Oh I'll find a job alright, it won't be in accounting though.



I don't think that.

Why are u doing accounting exams if ur not going to do accounting!!

I think you are mad!! Ur better of doing the QFA's a nice general qualification and there very easy!!

Id say ull pass them first time so ull be ok!!!

Anyone else think prinz is a bit mad, doing accountancy exams and not wanting to go into accountancy??

prinz

ma.long25 wrote: »

What about FAE's how amny times is he gonno fail them before he passes?? 2, 3 ???

As many times as it takes

ma.long25 wrote: »

Why are u doing accounting exams if ur not going to do accounting!!

So I can get that slip of paper and devalue it a little bit more

PB1982

As long as he has the motivation he should keep going. I'm guessing he's in his mid 20's so still has 40 years of working ahead of him. Plenty of time to succeed. The CAI give you six attempts for a reason, in my opinion repeating an exam will make you even stronger in that particular subject compared to most first time passes considering they are mainly around the 50 mark.

In response to your head in the clouds comment, everybody is at different stages in their lives and have different goals and can make up their own minds. If you're not going to be positive just say nothing.

I stand by my comments in relation to your posts. I would be embarrassed to have them representing me on any forum.

Pisco Sour

sonofgod wrote: »

The exams are all about exam technique ! Thats why there is such a good pass rate at FAE !! Students understand the exam technique a lot better in final year once they get past CAP 1 or CAP 2 obstacles! I'm sickened to hear that negative attitude from MA Long. It does not matter how you get there. You will still have the same letters at the end of the day! Prinz just hang in there!

You are only baseing the high FAE pass rate on the old course. Just wait till next year and you will see how the ICAI are going to once again screw us all over!

ma.long25

04072511 wrote: »

You are only baseing the high FAE pass rate on the old course. Just wait till next year and you will see how the ICAI are going to once again screw us all over!

My point exactly, the ICAI main goal now is to stop the numebr of people qualifying becasue its devaluing the ACA qualification and one way to do this si to make exam very very hard, so that people give up and do something else.. thats the only reason

About 10 yrs ago my lecture told me the faes were known as the grudge only about 40% Ppass rate..

I think things are going back to the way they were which is a good thing.

There has been a dumbing down of leaving cert grades, colledge grades and ACA qualification.

Its about time this was stopped as it benefits nobody in society... as its is now very difficult to tell the differnce between average people and good people...

If pass rate for cap 2 and fae dropped to about 40% or less this would show that the people who pass first time are the smart ones and are more lieky to get a good job!!!

in my opinion the difficulty of the exams is a good mechanism for seperating the wheat from the chaff....

Fol84

I completely agree with PB1982.

TBH Ma Long I don't think your in a position to decided what is or isn't a waste of prinz's time.

Your comments don't come across as realist they reek of smugness and superiorite. There is not an ounce of sympathy or compassion.

I'm impressed that prinz took your comments on the chin and could see them for what they were.

As for the ACA qualification. It’s a highly recognised qualification that would be useful in a number careers, it shows commitment, professionalism, a good knowledge of accountancy, tax and the business environment. I actually can't see job where this qualification wouldn't come in useful.

ma.long25

I honestly am not smug,

I know personally that im going to get a very good job.

I have a very good academic record, went to UCD got 1st, In big four and passed my exams first time.

I think its called reality...... and confidence that out of 100 ACA im proberely in the top 20%..

I'm not rubbing it in people faces but people on this forum have to face the facts...

Only top 30% in my opinion are going to get the Financial Controller jobs.. as the market is saturated!!

the want

ma long 25, get off this forum, your a dick, up your own ass, cant spell and have a high opinion of yourself. i can tell you, well done on gettin your exams, but with an attitude like that, i can safely say that you are the chaff. you wont get too far in life like that, i can guarantee you that. you are a statistic man, you know your books, but you have no streetwise sense about you. ah, god bless you son. i wish you luck

Fol84

I'm honestly delighted for you in your academic success. But I do not think that gives you the right to look down on those that have not lived up to your expectations.

one thing I'd like to address is the role of Finacial Controller is a management role. Which involves many personal skill as well as academic. If you plan to be as harsh on people as you have been on this forum I think you could burn alot of bridges. It will effect your promotions up the career ladder.

MrMatisse

ma.long25 wrote: »

I honestly am not smug,

I know personally that im going to get a very good job.

I have a very good academic record, went to UCD got 1st, In big four and passed my exams first time.

I think its called reality...... and confidence that out of 100 ACA im proberely in the top 20%..

I'm not rubbing it in people faces but people on this forum have to face the facts...

Only top 30% in my opinion are going to get the Financial Controller jobs.. as the market is saturated!!

I doubt someone who is semi literate will get a job as a financial controller.

its proberly not going to happen.

Pisco Sour

Really-Stressed wrote: »

I doubt someone who is semi literate will get a job as a financial controller.

its proberly not going to happen.

How on earth can somebody who cant spell get a first in UCD?!

MrMatisse

04072511 wrote: »

How on earth can somebody who cant spell get a first in UCD?!

Its called the quinn school of business:D