ACCA exam result

13

Comments

  • mac1
    mac1 Registered Posts: 40 Regular contributor ⭐
    Jo Clark wrote: Β»
    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%

    Wow! At least I've failed something that's difficult for most others!
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor πŸ§™β€β™‚οΈ
    mac1 wrote: Β»
    Wow! At least I've failed something that's difficult for most others!

    Its scary looking at those %'s.

    Wonder how the different qualifications compare..
  • mac1
    mac1 Registered Posts: 40 Regular contributor ⭐
    PGM wrote: Β»
    Its scary looking at those %'s.

    Wonder how the different qualifications compare..

    To be honest, nationally, that's about usual for ACCA; I can recall my earlier studies at BPP in Reading the posters on the walls showing BPP pass rates compared to the national/international ones(not sure which): the pass rates of the latter hovered between 30-50% with a pass mark (all ACCA exams) of 50%.
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor πŸ§™β€β™‚οΈ
    mac1 wrote: Β»
    To be honest, nationally, that's about usual for ACCA; I can recall my earlier studies at BPP in Reading the posters on the walls showing BPP pass rates compared to the national/international ones(not sure which): the pass rates of the latter hovered between 30-50% with a pass mark (all ACCA exams) of 50%.

    I meant in comparison to other qualifications, ie AAT ACA CIMA
  • Richard
    Richard Registered Posts: 368 Dedicated contributor πŸ¦‰
    robroy36 wrote: Β»
    Thanks. That is where I was looking.

    Am I being daft or are the Dec 11 ones not there?

    Delete your internet history, then try again. This happens a lot for me on the ACCA website.
  • Glynis
    Glynis Registered Posts: 488 Dedicated contributor πŸ¦‰
    I doubt the examiner reports actually mean anything. I've sat F8 4 times and read every report and all the articles but still nowhere near a pass. There is definately a marking problem somewhere in my opinion.
  • katie2008
    katie2008 Registered Posts: 284 Dedicated contributor πŸ¦‰
    Other people manage to pass despite the marking..

    Are you using the recommended text books for the unit?
  • Glynis
    Glynis Registered Posts: 488 Dedicated contributor πŸ¦‰
    I bought the text books from Amazon which are BPP ones about 18 months ago so they are recommended. Someone I know failed F 8 as well this time and he said it may be because of the new computer marking like human input error.
  • *Jo
    *Jo Registered Posts: 505 Epic contributor 🐘
    PGM wrote: Β»
    Its scary looking at those %'s.

    Wonder how the different qualifications compare..

    http://www.cimaglobal.com/About-us/Press-office/Press-releases/2012/January/CIMA-publishes-November-2011-exam-results/#

    If that link works it will take you to the official CIMA pass rates for the November exams.

    Jo
  • mac1
    mac1 Registered Posts: 40 Regular contributor ⭐
    PGM wrote: Β»
    I meant in comparison to other qualifications, ie AAT ACA CIMA

    CIMA's better per the above post by Jo. I would have thought ACA would be that much better because the candidates work in much closer conjunction with their practice employers, as part of their contract: one told me he got 6 weeks study leave and sent away somewhere. It figures - the more exams passed, the higher the chargeout rate. I suspect there's a lot more self studiers with the ACCA.
  • mac1
    mac1 Registered Posts: 40 Regular contributor ⭐
    Glynis wrote: Β»
    I doubt the examiner reports actually mean anything. I've sat F8 4 times and read every report and all the articles but still nowhere near a pass. There is definately a marking problem somewhere in my opinion.

    Took me 5 times - the 2nd time I failed by 2 marks...To be honest the 5th time - a comfortable 60 something percent - didn't really strike me as that much better than the other 4...

    Anyway, not sure what your background is, but one of my problems was that apart from the AAT's auditing module, which I also struggled with, I simply have no practical auditing experience - I haven't been an outsider examining someone else's accounts for completeness, accuracy and professionally sceptical, looking for where things could go wrong.
  • robroy36
    robroy36 Registered Posts: 6 Regular contributor ⭐
    Richard wrote: Β»
    Delete your internet history, then try again. This happens a lot for me on the ACCA website.

    Thanks for the tip Richard, still can't see the f4 & f6 ones, but when I log onto the ACCA website on my phone I can see the reports are there, so clearly something amiss with my computer/history or something.

    So frustrating though....
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor πŸ§™β€β™‚οΈ
    robroy36 wrote: Β»
    Thanks for the tip Richard, still can't see the f4 & f6 ones, but when I log onto the ACCA website on my phone I can see the reports are there, so clearly something amiss with my computer/history or something.

    So frustrating though....

    Install Mozilla web browser, handy tp have a back up when there's a glitch with IE.
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor πŸ§™β€β™‚οΈ
    mac1 wrote: Β»
    CIMA's better per the above post by Jo. I would have thought ACA would be that much better because the candidates work in much closer conjunction with their practice employers, as part of their contract: one told me he got 6 weeks study leave and sent away somewhere. It figures - the more exams passed, the higher the chargeout rate. I suspect there's a lot more self studiers with the ACCA.

    CIMA's pass %'s were higher, although they are UK pass rates which will explain a lot of the difference, I imagine ACCA UK pass rates would be similar..
  • *Jo
    *Jo Registered Posts: 505 Epic contributor 🐘
    PGM wrote: Β»
    CIMA's pass %'s were higher, although they are UK pass rates which will explain a lot of the difference, I imagine ACCA UK pass rates would be similar..

    CIMA does show both UK and Global Passrates for comparision I think.
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor πŸ§™β€β™‚οΈ
    *Jo wrote: Β»
    CIMA does show both UK and Global Passrates for comparision I think.

    Yes, I don't know if ACCA or ACA do this? To get a better comparison.
  • messedup89
    messedup89 Registered Posts: 1,275 Beyond epic contributor πŸ§™β€β™‚οΈ
    has anyone else recieved their paper exam results and paper exam entry form?

    I got mine last week but a colleague hasn't. So they've rang ACCA and were told that they are no longer sending out paper exam results and exam entry forms and that you can only enter for exams online?
  • Rozzi Rainbow
    Rozzi Rainbow Registered Posts: 462 Dedicated contributor πŸ¦‰
    I was under the impression that everything is online now and they wouldn't be sending paper forms. Seems strange that they've sent you one though?
  • mark057
    mark057 Registered Posts: 352 Dedicated contributor πŸ¦‰
    All exam admissions are online now.

    Great idea by ACCA for those students who don't have access to online services.

    I think ACCA should have kept a dual system of paper and online services.

    How long before ACCA scraps the paper based exam???

    Mark
  • messedup89
    messedup89 Registered Posts: 1,275 Beyond epic contributor πŸ§™β€β™‚οΈ
    i wonder why i had my paper results and exam entry form and no one else seems to?

    Think i'll enter online to be safe
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor πŸ§™β€β™‚οΈ
    mark057 wrote: Β»

    How long before ACCA scraps the paper based exam???

    I think that'd be a bad move, they'd have to totally change the format of the exam to do that.
  • messedup89
    messedup89 Registered Posts: 1,275 Beyond epic contributor πŸ§™β€β™‚οΈ
    i receieved an email from them the other day, they are considering having more exam sittings a year, introducing more CBEs
  • mark057
    mark057 Registered Posts: 352 Dedicated contributor πŸ¦‰
    More exam sittings would be positive asit would provide greater flexibility.

    Mark
  • Rozzi Rainbow
    Rozzi Rainbow Registered Posts: 462 Dedicated contributor πŸ¦‰
    i receieved an email from them the other day, they are considering having more exam sittings a year, introducing more CBEs

    Ooh, interesting, I haven't seen that one. I agree more exam sittings would be good, last year I felt like I was getting the hang of F7 in June, too late to sit it in June but a bit long to wait till December. I would've been quite happy sitting it around September time I think.

    But as it is, there's not a lot of time between results in February and having to enter for the next sitting in March, I wonder how they'd get round that with more sittings? They'd have to speed up issuing results for one thing. But it sounds like a good idea, especially for anyone resitting not to have to wait so long.

    I hope they keep the paper exams though, I don't like the sound of the CBEs.
  • mark057
    mark057 Registered Posts: 352 Dedicated contributor πŸ¦‰
    I think the ACCA could easily get around marking issues by getting more staff in to speed things up.

    Lets be honest, we don't really get much for the membership fees really, plus it would give the chance
    for tuition providers to fleece students more regularly hahaha :001_tt2:

    I'm not bitter, honest. :001_smile:

    Seriously though, does anyone think the relationship between companies like BPP and Kaplan and ACCA
    is a little too cosy? I was told by a staff at Kaplan they use tutors in some centers who are also
    working for ACCA.

    Conflict of interest, ethics come to mind anyone???

    Mark
  • Richard
    Richard Registered Posts: 368 Dedicated contributor πŸ¦‰
    mark057 wrote: Β»
    Seriously though, does anyone think the relationship between companies like BPP and Kaplan and ACCA
    is a little too cosy? I was told by a staff at Kaplan they use tutors in some centers who are also
    working for ACCA.

    Conflict of interest, ethics come to mind anyone???

    Mark

    It can also benefit the students too though - one of my recent tutors is also a marker for the ACCA exams so was able to give insight into how exams are marked, what the markers look for etc. I believe that some of the actual examiners also teach students!

    Surely it makes sense that the tutors are also involved in the marking process as they need to be marked by people with a good understanding of the syllabus. Isn't this the reason why the papers are made anonymous when presenting for marking, in case the paper is marked by a tutor that knows you?
  • Rozzi Rainbow
    Rozzi Rainbow Registered Posts: 462 Dedicated contributor πŸ¦‰
    Mark, I can only imagine the ACCA would just put our fees up if they had to get more markers in! They always seem to find reasons to get money out of us. My two biggest gripes are having to pay the full exam fee just to be marked exempt from the first three papers - I understand we should have to pay an admin fee, but to pay the same as people who are attending the exam and having papers marked is ludicrous, it just shows how they plan on getting the same amount of money out of everyone regardless - and having to pay a registration fee and then the full subscription again in January after you've registered. I registered to sit in June for my first sitting, so had to pay the registration fee by December, then the full sub in January. And I wasn't even doing anything ACCA related before January! Surely they could pro rata the registration fee, depending on when in the year you register.

    Rant over now! I know the answer to this is if you want to enter their club you have to play by their rules, so in a way they can charge what they like.

    Richard, I agree with your comments, but this only really benefits students who can go to Kaplan or BPP, and in a way puts self studiers, or studiers at other colleges at a disadvantage.
  • Richard
    Richard Registered Posts: 368 Dedicated contributor πŸ¦‰
    Richard, I agree with your comments, but this only really benefits students who can go to Kaplan or BPP, and in a way puts self studiers, or studiers at other colleges at a disadvantage.

    The advice was pretty generic, common sense stuff - ie use headings to separate the different points you are trying to make, write short snappy paragraphs, keep it neat, etc. I don't really think it was a deal-breaker in the exam itself, just useful information from someone who has experienced the marking process.
  • mark057
    mark057 Registered Posts: 352 Dedicated contributor πŸ¦‰
    I totally agree with what you are saying Rozzi. The registration fee and then annual subscription
    charge is a concern as is the charging system for exempt papers.

    I believe ACCA markers should not be allowed to teach ACCA subjects. I'm not sure if the markers
    also set ACCA question papers but it is possible ACCA markers, also acting as lecturers, could
    knowingly or otherwise lead students they are teaching towards areas of the syllabus they know are most likely to be examined.

    I'm not saying this is actually happening but ACCA lecturers are going to be under pressure to achieve
    good pass rates if they work for BPP or Kaplan.

    If these same lecturers have inside information pertaining to their ACCA roles could this not pose an
    issue with respect to a conflict of interest?

    Also consider the relationship between Kaplan and ACCA for example. Kaplan rely on ACCA's
    endorsement of their products. Continued endorsements by ACCA depend on pass results by Kaplan.

    Both have vested interests in each others continued success so is it right ACCA examiners should also
    play a role in tutoring students with organisations that depend on good pass rates to continue their
    success?

    The clear answer is no. Both organisations should operate separately from each other. An ACCA
    marker should not be in the pay of an organisation which has such vested interests.

    I think ACCA also need to open up the qualification to greater competition with respect to tuition.
    It is wrong BPP and Kaplan dominate the market. Greater competition will drive down tuition costs
    and benefit large numbers of students who are not prepared or cannot afford to feed the gravy train
    which clearly exists in the relationship between ACCA and the big tuition providers.
  • NeilH
    NeilH Registered Posts: 548 Epic contributor 🐘
    Hi

    I can see how in general there could be a perceived conflict of interest. However, my understanding of the markers was that they were just that - markers: no involvement with the paper before the exam, just after the exams were taken. The exam is actually written by examiners who aren't allowed to have any contact with students. Given this, I don’t think there is an actual issue but it does pose the question of a conflict of interest, I guess it depends on how much the markers can influence the marking strategy and if there are controls in place to prevent tutors marking there own students.

    I don't think ACCA (or CIMA for that matter) need to open up the market, any educational/training organisation is able to develop and offer courses if they wish. True, BPP and Kaplan dominate the market but that's due to their size and presence in general. I can see a conflict of interest with ACCA endorsing Kaplan’s texts, but if ACCA were to deliberately encourage competition by supporting other/new training providers another conflict of interest could arise.

    Neil
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