The June 2011 ACCA Exams Thread

irishmanmick · 04-04-2011 01:03PM #1

Hi folks,

Just registered for the June exams there. Sitting F5 & F8 doing home study. Really need to knuckle down over the next two months if I'm gonna pass them.

Anyone else sitting exams in June? Let us know what subjects you are doing and how the study is going

SBWife · 04-04-2011 03:26PM

Homestudy F4, F6, F8 and P2.

I was 2nd in F5 in December so if you need a hand with anything let me know.

irishmanmick · 04-04-2011 04:56PM

SBWife wrote: »

Homestudy F4, F6, F8 and P2.

I was 2nd in F5 in December so if you need a hand with anything let me know.

Wowser! That's some line up you have this June. I'd imagine your social calender is full for the next two months :rolleyes:

Congrats on the 2nd place on F5! Excellent! Any tips on exam success would be great.

How you getting on with the study? I loved Law as a subject but hated it as an exam just because it invloved so much rote learning. Altho I was fascinated that there is case law from the 1700s that still stands today!

I passed Law and Tax in my last sitting in Jun'09 (failed f5). Monster amount of material to get through between tax, law & corporate reporting so best of luck with that!

Did you do the IFRS F7? I see they have changed the P2 sllyabus to IFRS from Junne 2011 onwards. Bit of a pain for anyone who passed it under Irish and UK standards previously!

binhthanh · 04-04-2011 09:15PM

Homestudy P3. Haven’t done anything yet so far. I am planning to start at mid of April. Is it too late?
I have an online package from LSBF which includes 30 hours recorded lectures plus course notes (no revision). Just also bought BPP revision kit.
Not sure whether I need to buy the BPP study text for this paper or not. Do I need to go through the study text? Any advices?

SBWife · 04-04-2011 09:26PM

irishmanmick wrote: »

Wowser! That's some line up you have this June. I'd imagine your social calender is full for the next two months :rolleyes:

Congrats on the 2nd place on F5! Excellent! Any tips on exam success would be great.

How you getting on with the study? I loved Law as a subject but hated it as an exam just because it invloved so much rote learning. Altho I was fascinated that there is case law from the 1700s that still stands today!

I passed Law and Tax in my last sitting in Jun'09 (failed f5). Monster amount of material to get through between tax, law & corporate reporting so best of luck with that!

Did you do the IFRS F7? I see they have changed the P2 sllyabus to IFRS from Junne 2011 onwards. Bit of a pain for anyone who passed it under Irish and UK standards previously!

I'm in good shape I've the F8 and F4 material covered and am half way through P2. Expect to have all the material covered and be on to question practice by the end of this month.

My biggest tip is not to ignore the theory on the more mathematical papers. F5, F7 and F9 (all of which I passed in December) give loads of points for having an understanding of the rational behind the numbers. I think many candidates concentrate only on learning the calculations then answer the theory side poorly - when for most this will be the differentiator between passing and failing.

Oh yeah, the other thing is to ignore all the exam tips where people try to second guess what the examiner will put on the paper. F5 had a linear programming question in both June and December 2010 many thought that because it had been asked the last time it wouldn't come up again.

JM_2009 · 04-04-2011 10:22PM

Hello All,

I am sitting F6 and P2 in June and was wondering if anyone has any advice? I am doing the home study course with BPP and have missed both my classes already(Oops!) However I have been given it socks so far an I aint in the worst of shape, at least for F6. So far my "status" is as follows!

F6

Income Tax - Know it ok - ish
Corporation Tax - know it reasonably well
CGT - know it reasonably well
VAT - know it reasonably well
Have not touched any theory but doubt there is a lot in it

P2 (International version)

Covered Leases, Employee Benefits, Ethics, Share Based Payments, Deferred Tax (which I am crap at), IAS8 & IAS10 along with the Framework etc.
Have not yet started consolidation hoping to spend most of April on this cos I know its question 1.
I dont think there should be much in Performance Reporting apart from Ratio's and the like but just looking at a few sample questions know I am pretty sure I am wrong!

Any Advice at all is much appreciated:cool:

Makeup_Jeans · 05-04-2011 02:39PM

Hi

I am doing F5, F6 & F8 in June.

Really need to get my head down now. I am a little behind but will put the work in starting tonight.

Smash22 · 05-04-2011 07:48PM

Hey,

I'm signed up for F4 and F5; my first attempt at the ACCA's! I'm doing home study so probably in over my head; any help at all really appreciated!!

What do ppl think of the ipass and ilearn cds??

irishmanmick · 06-04-2011 10:10AM

@SBWife - Fair play you seem to be way ahead of the rest of us anyway! I will definitely beware the theory / calculation trap so. That is something I would definitely be prone to!

Welcome everyone else!

@Smash22 - Best of luck with the first sittings. Personally I never found the ilearn or ipass cds much use, much prefer good old fashioned books and notes when studying.

Hope the studying is going well for everyone else. My wife is away at weekend so I'm looking after our 3 month old daughter so gonna be head to get some work done. May be dropping down to my mam's to get some help!:D

Let us know how you are getting on

srfc1928 · 12-04-2011 04:54PM

I'm doing F3, F6 & F7. I chose the Irish variants, am I right to choose these? What books would people recommend to get?

SBWife · 12-04-2011 05:08PM

For F6 only BPP produce an Irish Text AFAIK be forewarned it's expensive. For the others I like Kaplan Texts and Exam Kits the UK version is fine for the Irish Variant.

I think the Irish variant is more flexible for F3 and F7, all exams are now based on IFRS but the Irish variant will include differences between this an Irish GAAP where they exist, it's also more flexible as it is needed if you want to pursue audit.

F7 builds directly upon F3 so normally people do these in subsequent sessions eg. F3 in June then F7 in December. You might be making life harder for yourself by doing the two simultaneously.

srfc1928 · 12-04-2011 09:28PM

SBWife wrote: »

For F6 only BPP produce an Irish Text AFAIK be forewarned it's expensive. For the others I like Kaplan Texts and Exam Kits the UK version is fine for the Irish Variant.

I think the Irish variant is more flexible for F3 and F7, all exams are now based on IFRS but the Irish variant will include differences between this an Irish GAAP where they exist, it's also more flexible as it is needed if you want to pursue audit.

F7 builds directly upon F3 so normally people do these in subsequent sessions eg. F3 in June then F7 in December. You might be making life harder for yourself by doing the two simultaneously.

Would you recommend doing F9 instead of F7? I want to do 3 exams in this session

SBWife · 12-04-2011 09:41PM

Are they the only two you need to do? F9 builds on F5 a fair bit so I'd do this first.

srfc1928 · 12-04-2011 10:07PM

SBWife wrote: »

Are they the only two you need to do? F9 builds on F5 a fair bit so I'd do this first.

I have exemptions for F1, F2, F4 and F5.

shyted22 · 12-04-2011 10:11PM

Hi sitting p2,p3 and p7!

some amount if work in for these exams but hope it will come to somethin!i find the bpp materiel straight forward to follow, hav'nt used any of the cd's so i dont no...

loveacca · 14-04-2011 03:39PM

shyted22 wrote: »

Hi sitting p2,p3 and p7!

some amount if work in for these exams but hope it will come to somethin!i find the bpp materiel straight forward to follow, hav'nt used any of the cd's so i dont no...

I agree that the BPP material is easy enough to follow. It is probably the best material available

irishmanmick · 14-04-2011 09:19PM

Hi guys

Hope the studying is going well ... Can anyone point me in the direction of the required isa's for F8 ... Cant find them in any of the material I have and the acca website has been overloaded last few days!

SBWife · 14-04-2011 09:42PM

irishmanmick wrote: »

Hi guys

Hope the studying is going well ... Can anyone point me in the direction of the required isa's for F8 ... Cant find them in any of the material I have and the acca website has been overloaded last few days!

Check out page 66 of the recent Student Accountant magazine.

irishmanmick · 14-04-2011 10:46PM

Excellent thanks ... Page number and all!

Dawnlsd · 16-04-2011 08:59PM

Hi there,
I attemtped F6 Irish Variant June 2010 but failed. Im doing it again this year - June 2011. I bought the books last year from BPP, can anyone tell me if they've changed much for this year. Could I still use my last years books to write and pass F6 Irish this year? Please advise, as I cannot afford to buy new text books.
Thanks

ashes79 · 19-04-2011 09:18AM

Hi guys, I'm repeating p5 in June but can't afford to make it to a revision course this time around. In December I went to BPP & the Lecturer gave us a tip that Risk would come up in the exam. It did & it was probably my only good question (obv since I failed lol). Anyway if any of you are doing the course this time around would you mind sharing his tips for the exam here? Please, I really can't face another go at this & any help would be much appreciated

eimearnid · 24-04-2011 09:21PM

Sitting F5 &F6 - am hoping F6 will be ok as similar to tax exam in CAT that I did last june... anyway....
F5 - lots in it! Anybody dare to tell what they think will come up in June ?;)

SBWife · 25-04-2011 04:31PM

eimearnid wrote: »

Sitting F5 &F6 - am hoping F6 will be ok as similar to tax exam in CAT that I did last june... anyway....
F5 - lots in it! Anybody dare to tell what they think will come up in June ?;)

I'd be careful trying to do that with F5. Linear Programming was tested in both June and December 2010. The sighs were audible when the graph paper sheets were delivered as a significant number thought it wouldn't be appearing again so quickly.

eimearnid · 25-04-2011 08:14PM

SBWife wrote: »

I'd be careful trying to do that with F5. Linear Programming was tested in both June and December 2010. The sighs were audible when the graph paper sheets were delivered as a significant number thought it wouldn't be appearing again so quickly.

I know - thats why I was asking anyone dare to guess! I would be v surprised if linear programming came up again though

SGKM · 25-04-2011 11:16PM

Hi Guys,

I'm doing F4 & F5 in June... First 2 ACCA exams so not quite sure what to expect. I'm fairly happy with F5 but there is just so much to learn for Law it's making me a bit nervous!

SBWife · 26-04-2011 09:51AM

eimearnid wrote: »

I know - thats why I was asking anyone dare to guess! I would be v surprised if linear programming came up again though

I'd say activity based costing vs. volume costing will reappear. Either as a mathematical problem or as one of the 5-10 point theory sections that the examiner likes to tack on to other questions. Variance analysis is always a favorite. Transfer pricing and make or buy decisions would be the other two subjects that I'd dare guess on. Also note budgeting was only really tested in theory last time around so maybe a practice question in that area.

irishmanmick · 01-05-2011 01:12PM

Hi guys

Just checking in to see how the studying is going for everyone? Mrs Irishman took our 3 month old down the country to visit her relatives yesterday so had a good full day at it. Of course I'm miles away from where I'd planned to be but at least today and tomorrow to do some more catch up

Hope the studying is going well for everyone else!

SBWife · 01-05-2011 01:36PM

Anyone doing F4 and want to go halves on putting together an Excel table with all the cases, their relevance and a couple of word memory aid?

SMSCH13 · 03-05-2011 12:46PM

Hi guys

I am about to register to do revision courses for F5 & F9 and can't decide between BPP and Independent colleges in Dublin . . . anyone have any recommendations?

Any help would be much appreciated.

Thanks

conor_ire · 04-05-2011 10:38AM

Been trying to get a start studying P7 but can't get started at all. Going to have some serious craming to do over the next four weeks. Any one have any tips on what might be coming up this sitting.

irishmanmick · 04-05-2011 10:12PM

Know how you feel Conor, finding hard to get any study done cept at weekends and there just isn't enough of them left!

Can't help you with P7 tho sorry

SMSCH13 - I always found the BPP revision course lecturers good but never really that impressed with the handouts, never detailed enough. Never went to Independent collages so can't tell you bout them.

SBwife - Fair play to you. If you manage to get that table I reckon you could sell that on here!!

The June 2011 ACCA Exams Thread

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