ACCA exam result

24

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  • Rozzi Rainbow
    Rozzi Rainbow Registered Posts: 462 Dedicated contributor 🦉
    I may have got this all wrong but I think I read on the website about getting an administrative review and although they don't remark your paper as such they tell you which questions you passed on and which you failed. It might help you to get an idea of which topics you need to work on. It's costs a fair bit though, around £40, so you'd have to know it was worth it.

    Here's the link: (The site seems to be going a little bit faster today!)

    http://www2.accaglobal.com/students/results/reviews
  • Julia
    Julia Registered Posts: 78 Regular contributor ⭐
    To Glynis

    I am sorry you have failed F8 again. This paper is proving challenging for you. You may want to consider switching to another paper for June exams or if you wish to continue with F8 you may benefit lots from formal tuition. I think you Are a home student and that method of study works for some but not others.

    It may well be your technique is letting you down because many students who I meet at BPP have the technical knowledge sewn up but fail on technique. There is little point in asking for your script back as it won't happen, nor do we encourage admin reviews because the marking regime is such that marking is very heavily moderated so there is little chance of errors. I would say that if you are doing F8 in June again then start by going into question practice because it may still be very fresh in your mind but I would strongly advise you take formal tuition.

    Julia (BPP)
  • robroy36
    robroy36 Registered Posts: 6 Regular contributor ⭐
    Any news on when the pass rates/examiners reports will be available?
  • Rozzi Rainbow
    Rozzi Rainbow Registered Posts: 462 Dedicated contributor 🦉
    I am waiting to see those aswell. I'm thinking that although the exam results were released a week earlier this session, that doesn't necessarily mean the examiner reports and pass rates will be out a week earlier. I think the examiner reports used to be out about the same day as results day, so hopefully early next week. I think the pass rates used to be a few days after results day so maybe by the end of next week.
  • Glynis
    Glynis Registered Posts: 488 Dedicated contributor 🦉
    Thank you Julia. This week has been awful on so many levels thanks to ACCA. I worked so hard on F8 and they just throw it back at you :( It is true that ACCA are raising money through students especially home studiers and they also don't care that they shatter people's dreams and wreck lives all to raise money.

    My family think I should give up but I won't. I will prove to ACCa that I can get through this exam and that they aren't better than me.
  • Jo Clark
    Jo Clark Registered Posts: 2,470 Beyond epic contributor 🧙‍♂️
    robroy36 wrote: »
    Any news on when the pass rates/examiners reports will be available?

    The pass rates can be found by following this link http://www.pqaccountant.com/pmag-FFFF00500180003F02171957.html which will take you to the PQ website.

    For those of you who do not wish to go there I have copied the article and pass rates below.

    The ACCA pass rates have gone into meltdown, with most sitters, once passed the CBAs, much more likely to fail the professional papers they are sitting.

    The final optional papers are nothing short of 'very disappointing', and that is the ACCA's official line. They are in fact much worse than that!

    The P5 pass rate is just 29%, and just 31% of PQs managed to pass the audit and assurance paper.
    The ACCA really needs to address the gap between practical experience and learning by rote. If the ACCA qualification is a practical exam then where are students getting this experince?

    DECEMBER 2011 PASS RATES:
    F1-63%
    F2-53%
    F3-54%
    F4-49%
    F5-38%
    F6-48%
    F7-56%
    F8-36%
    F9-38%
    P1-51%
    P2-48%
    P3-51%
    P4-34%
    P5-29%
    P6-39%
    P7-31%
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
  • janwal
    janwal Registered Posts: 1,173 Beyond epic contributor 🧙‍♂️
    Glynis wrote: »
    Thank you Julia. This week has been awful on so many levels thanks to ACCA. I worked so hard on F8 and they just throw it back at you :( It is true that ACCA are raising money through students especially home studiers and they also don't care that they shatter people's dreams and wreck lives all to raise money.

    My family think I should give up but I won't. I will prove to ACCa that I can get through this exam and that they aren't better than me.

    Glynis

    I don't think you can put the blame on ACCA, they arn't sitting the exam you are! Maybe now your trying too hard just to prove your right. I would take a deep breath, take a break from it and maybe do a different exam to boost your confidence, I would say at the mo your attititude is all wrong to try a resit.

    Jan
  • mark057
    mark057 Registered Posts: 352 Dedicated contributor 🦉
    OMG. The paper I sat, F5, only had a pass rate of 38%.

    I really feel privileged to get through that paper with 65%.

    Why are the pass rates so low do you think?

    Mark
  • mini_schnauzer
    mini_schnauzer Registered Posts: 347 Dedicated contributor 🦉
    Glynis says that's it's because ACCA wants to make money from Students with all the re sit fees. Surely not ...
  • Rozzi Rainbow
    Rozzi Rainbow Registered Posts: 462 Dedicated contributor 🦉
    Thanks a lot for posting these Jo, I hadn't expected them to be published elsewhere before being released on the ACCA website.

    Wow, some of those rates are rather worrying! It doesn't give a good first impression for future students researching the qualification. It always amazes me that the exams are so hard, yet you don't even need to know half the paper to pass. Personally I think they should make the papers slightly easier with say a pass mark of 60%. It would give confidence to those students who do know what they're doing but panic when they see how hard the exam paper is.
  • mark057
    mark057 Registered Posts: 352 Dedicated contributor 🦉
    I don't mind the papers being hard if they reflect you abilities but some of those pass rates are very low.

    It does make you wonder just how prepared students are for these exams and the quality of teaching being provided.

    I have read some of the exam reports from previous years and the examiners can be quite hard on students, maybe
    too hard sometimes.

    I don't think students lack ability but something clearly has to be done to address these figures.

    Mark
  • AK002
    AK002 Registered Posts: 2,442 Beyond epic contributor 🧙‍♂️
    mac1 wrote: »
    The basic registration one for bookkeeping with a view to expanding to VAT and payroll at a later date. ACCA students are only allowed to offer these services in practice unless you have been with an ACCA accredited employer for at least 2 years.

    Anymore details on this? I was under the impression ACCA students couldn't offer any self employed services.
  • paulstafford
    paulstafford Registered Posts: 126 Dedicated contributor 🦉
    When I sat the ACCA exams in the mid 90s the pass rates for the final papers were about the same as they are now. ie pretty low!

    I certainly don't think the exams should be made any easier to allow more people to pass. ACCA is a badge of quality and dumbing down the exams to increase the pass rate will only devalue the qualification.

    Just think how the value of the GCSE qualification has been steadily eroded over the years thanks to ever increasing pass marks.
  • mark057
    mark057 Registered Posts: 352 Dedicated contributor 🦉
    I agree with you on that Paul.

    I would hate to see exams made easier to improve pass rates.

    It would be good though to see exactly why more students don't pass to try and understand the pass
    marks.

    I sat and passed F5 in Dec 2011 but was only one of 38% to do so. I don't believe the other 62% who
    sat that exam were not capable of passing. There must be reasons behind it.

    Mark
  • Glynis
    Glynis Registered Posts: 488 Dedicated contributor 🦉
    I think the ACCA exams are too hard. Especially F8 and the ACCA don't seem to bother that you haven't worked in an audit environment either.

    I still say the markers made a mistake on my paper result. I worked so hard and to come out with 19 was an insult.
  • mark057
    mark057 Registered Posts: 352 Dedicated contributor 🦉
    I don't think the exams are too hard but I agree they are very hard.

    The BPP study text I used to study F5 was not the best for explaining certain concepts as ACCA appear to
    expect you to have prior knowledge through the F1 - F3 papers.

    As I came through the AAT route and did not sit those papers it can feel as though you are exposed a little.

    That aside I just feel it is very important to try and give students plenty of feedback from exam sittings to drive
    improvements in exam performance.
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,027 mod
    Well done to all of you who passed.

    ACCA standards are holding up at a time where a lot of other academic standards seem to be on the slide

    One or two of the contributions to the thread have made reference to one of the key ingredients of success hard work this is valuable

    One other key ingredient is effectiveness.

    Effective hard work really ought to lead to success.

    There is a difference between work and exams.
    At work, you need to be as close to perfection as possible.
    In the exam, you need to manage the limited time to earn 50 out of 100.
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor 🧙‍♂️
    When I sat the ACCA exams in the mid 90s the pass rates for the final papers were about the same as they are now. ie pretty low!

    I certainly don't think the exams should be made any easier to allow more people to pass. ACCA is a badge of quality and dumbing down the exams to increase the pass rate will only devalue the qualification.

    Just think how the value of the GCSE qualification has been steadily eroded over the years thanks to ever increasing pass marks.
    mark057 wrote: »
    I agree with you on that Paul.

    I would hate to see exams made easier to improve pass rates.

    It would be good though to see exactly why more students don't pass to try and understand the pass
    marks.

    I sat and passed F5 in Dec 2011 but was only one of 38% to do so. I don't believe the other 62% who
    sat that exam were not capable of passing. There must be reasons behind it.

    Mark

    I agree with both posts. These qualifications hold the prestige they do because they are difficult, and its why employers want these people.

    The ACCA doesn't have to do anything, they don't owe anyone the qualification. You could argue they'd make more by making it easier, and having more people paying annual subscriptions. But in the long they know it would devalue the qualification, and its the value of it which earns them the money.

    I read that foreign pass rates are lower than UK, which makes sense when you consider the additional difficulty of doing an exam in a different language, so it'd be wrong to consider this was the average pass rate for the people you sat the exam with.
  • Richard
    Richard Registered Posts: 368 Dedicated contributor 🦉
    PGM wrote: »
    I read that foreign pass rates are lower than UK, which makes sense when you consider the additional difficulty of doing an exam in a different language, so it'd be wrong to consider this was the average pass rate for the people you sat the exam with.

    That's a good point, and to give it some context, I sat P5 in December which had the lowest pass rate of all the papers at this sitting with just 29%.

    However, I study online and have access to a forum where we were asked to post our results. So far, out of about 10 responses, only 1 person has failed. I know that this is not conclusive evidence, but it does highlight that with the right tuition, and hardwork, the difficult papers can be passed.
  • Rozzi Rainbow
    Rozzi Rainbow Registered Posts: 462 Dedicated contributor 🦉
    I'd just like to clarify my point about making the exams slightly easier - this would only work in my opinion if the mark needed to pass was also increased, thus ensuring you still require the same knowledge to pass. I completely agree with not devaluing the qualification, but think it needs to be looked at why students don't pass and see what could be done to improve things, whilst maintaining the exam quality and prestige of the qualification.
  • mark057
    mark057 Registered Posts: 352 Dedicated contributor 🦉
    I agree with Rozzi from the point of view of trying to improve pass rates whilst maintaining standards.

    Perhaps entry requirements need to be looked at too? Are students entering ACCA with the right
    preparation for these exams?

    I feel AAT is a very good proving ground for ACCA exams and can give you the edge over students
    who may enter ACCA with other finance related qualifications.

    Mark
  • AK002
    AK002 Registered Posts: 2,442 Beyond epic contributor 🧙‍♂️
    It's funny IMO how the graduates who have done uni get so many exemptions yet don't actually do enough work in the grounding of Financial Reporting for example and then they are expected to do it in the professional levels.
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor 🧙‍♂️
    AK002 wrote: »
    It's funny IMO how the graduates who have done uni get so many exemptions yet don't actually do enough work in the grounding of Financial Reporting for example and then they are expected to do it in the professional levels.

    Not always in peoples best interest to take exemptions. Not when it comes back to bite you with the term "assumed knowledge"
  • NeilH
    NeilH Registered Posts: 548 Epic contributor 🐘
    AK002 wrote: »
    It's funny IMO how the graduates who have done uni get so many exemptions yet don't actually do enough work in the grounding of Financial Reporting for example and then they are expected to do it in the professional levels.

    This is something that has been mentioned before, I think I recall a practice partner commenting on another web forum. His stance was that candidates for the final stage of ACCA weren't prepared properly if they had taken exemptins from the first nine ACCA papers.

    It used to be the case that ICAEW only granted exemptions from six particular papers but a student was only allowed to claim a maximum of three of these. I'm not sure what the deal is now as the syllabus changed no too long ago. Also, I have read that some firms won't allow students to take exemptions and insist on a student taking the full qualification.

    Neil
  • messedup89
    messedup89 Registered Posts: 1,275 Beyond epic contributor 🧙‍♂️
    the examiners reports are finally up
  • robroy36
    robroy36 Registered Posts: 6 Regular contributor ⭐
    messedup89 wrote: »
    the examiners reports are finally up

    Do you have a link?
  • messedup89
    messedup89 Registered Posts: 1,275 Beyond epic contributor 🧙‍♂️
  • robroy36
    robroy36 Registered Posts: 6 Regular contributor ⭐
    messedup89 wrote: »

    Thanks. That is where I was looking.

    Am I being daft or are the Dec 11 ones not there?
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor 🧙‍♂️
    "General Comments
    I am delighted to say that the overall performance of candidates on this diet was very good."


    Have I missed something :D
  • Rinske
    Rinske Registered Posts: 2,427 Beyond epic contributor 🧙‍♂️
    PGM wrote: »
    "General Comments
    I am delighted to say that the overall performance of candidates on this diet was very good."


    Have I missed something :D

    Probably the diet! I thought we were talking about exams, but if it was a weightloss thingy, then surely the lower the better! :D
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