I wouldn't say I revised the most in my class (or close) but I did enough to pass and absolutely caned the last two/three weeks doing question after question. Just had a bad two days. Got one hour sleep the night before the first two and didn't finish either paper, no cash flow on FA and Audit was dodge with a dodge planning question. I just wasn't concentrating and wasn't ruthless enough with my time (i.e. didn't make myself move on).
However with a cash flow and nice planning q I would have been hoping to pass so realistically shouldn't be bad failing but you never know. Tax I missed the back page like an idiot (and it had probs the 15 easiest marks across the three papers) but again with that I would have expected to pass or be close to so should hopefully not be bad failing.
So hard/pressured I guess. But I had no idea how to do one q on each of FA and Audit so wouldn't have finished were they not time pressured anyway. Confident of passing any of them next time round anyhoo, just hoping I can subsidise the paying of them with actual wages rather than dole money.
I got mine on Friday past. Luckily I passed everything. I did the Irish ACA CAP1 examinations which are notoriously difficult. Pass rate was around 65%, so 1/3 of those who sat them failed. They were easily the worst exams of my life, I just managed to scrape through.
(Original post by Brotherhood)
Unlucky. I was aiming for bare minimum to pass as I have with all my exams so far. What are the next three like compared to Audit/Tax/FA?
BS - BS by name BS by nature. Just keep writing for the whole 2:30 and you should be fine. It is all about advantages/disadvantages of strategies etc.
FM - 50/50 discussion and numbers, once you know a few core topics well (CAPM, hedging, project appraisal, WACC) you will be fine.
FR - Some people say its the hardest one, personally I found BS the hardest as It is really not my style of exam. FR is very technical although again 80-90% written. You get some marks for numbers but not very many. It will be like "C Ltd capitalised website development costs of £50,000 in the year blah blah" then you will have to discuss the financial reporting treatment