Acca Study Guide In Word P3 2016
The syllabus and study guide for P3 Business Analysis is designed to help with planning study and to provide detailed information on what could be assessed in any examination session.
How To Create A Study Guide In Word
Hi there, I am going to be doing self-study as well for P1 and sitting in June. I get a revision kit for all exams and will be doing so for P1. The benefit is that the questions and answers are adapted to account for any syllabus changes since the past papers have been written. Unless ACCA are updating theirs to show this (I am sure that they do not for tax, at least they hadn’t when I did F6 meaning that the papers were too difficult to work from as the rates and upper and lower bands had changed and you would be using the wrong ones). I hope that this helps and if you would like a study buddy you know where I am.
Hello, I just want to share my experience. It was my first professional ACCA paper and failed with 46% I was self studying using purely LSBF study and revision videos. Whilst the revision videos gave good exam technique, i think i did not pass as i did not have adequate exam practice.
The main advice you will get on these forums is that exam practice is key. I am using the study guide and revision kits from Kaplan to help me pass this time round. It is a very, very dry subject it must be said and has little to do with the branch of accounting i want to follow which is financial reporting. Brace yourself for some very dull weekends. I came across this topic and decided to share my experience, i self studied p1 for the march 2016 diet and i had a score of 71, i began my study around late january this year, i found p1 quite interesting and fun, if you enjoyed paper f8, you should definitely enjoy p1. There are a couple of models in p1 that one should be constant with and know at your finger tips, a good advice i’ll offer is practice is very key. Also, P papers involve much more application that the F papers, each question has it’s peculiarity, such as what works for a particular question shouldn’t for another, all questions don’t have the same format of answers.
I also found bpp revision kit not too helpful as it had too much lengthy answers which i felt i could not write when faced with such a question on the exam day, so instead i switched to using the examiner’s own answers. When answering questions go straight to the point and explain it, there’s no point in writing detailed stories, best you hit the nail on the head.
Practice really Annmarie, there’s no shortcut advice i can possibly give beyond this, i found using the examiner’s own answer as a comparative to my own rather useful. Also, try reading up on the examiner’s comments for each diet of p1, so take for example i want to attempt december 2012 question; i would get three documents with me, the question paper, the examiner’s own answer to the question and lastly the examiner’s comments (all these are on acca’s website). Once you have all this answer the questions under TIMED CONDITIONS, there’s no point answering exam questions for six hours when you would only have three come exam day, after answering them to the best of your knowledge, compare your answers to the examiner’s own, trust me when i say you can’t get the examiner’s answers word for word but there should be a bit of similarity in the point that’s being driven. After comparing your answers to the examiner’s own next step is to read up on the examiner’s comments so you’ll see the pitfalls and mistakes students made in the exam, at this stage you should be thinking did i make similar mistakes in my own answers, subsequently i shouldn’t fall for the same error.
. Here are a few ACCA P3 Exam Tips in order to maximise your chances of success while sitting the exam.
Reading time: You have 15 minutes reading time during which you can write on the exam paper (but anything you do write on the exam paper will not be marked), but during which you cannot write in the answer booklet. Use this time to:. Read and reread Question 1: 50% of the marks are for this question and you must thoroughly understand the issues raised there. Remember to read the requirements before you read the question as these will alert you as to what the question is about. It is very difficult to study the large amount of information given in this question in the middle of the exam, that’s why we recommend devoting your reading time to it. The requirements often ask for more than one thing in the same sentence – for example, calculate the cost and comment on it. The calculation and the comment will both carry marks, but it is easy in the middle of the exam to calculate and then forget to comment.
Study Guide In Word
Underline the words ‘calculate’ and ‘comment’ and you are then less likely to forget to do both. Make sure you address the requirements accurately and ensure you target the specific information and situation set out in the question. You can perform calculations and write the answers on the question paper together with comments on relevant material found there.
Be wary about underlining or highlighting too much otherwise almost all words end up being emphasised. Comments in the margin are better at reminding you why that part of the question is important. Attempting the questions. When you are allowed to, start doing the Question 1 on the exam paper itself.
Remember, for all questions to out your answers in the proper format where required: briefing paper, memorandum, report. Make sure you write something for every part of every question. You are unlikely to be able to finish every part of every question – either because you run out of time or you get stuck – but you can always write something for each part. In the calculations each part of the workings is marked separately, whether or not you have finished. In the written parts, each comment is marked separately. Even if you can only think of one brief comment and get just one mark, that could turn a 49% fail into a 50% pass.
For calculation parts of questions, show your workings neatly. It is the workings that get the marks (whether the final answer is right or wrong) but the marker can only give you the marks if they can follow what you are doing. For the written parts of questions, make sure that your writing is legible. (Before the exam day, ask someone if they can read your writing easily – if they can’t then consider printing the words – though that is slow!).
For the written parts of questions, write each separate point on a new line (with a line space between points). If you write one long paragraph containing several points, then there is a danger that the marker will miss some of the points. Allocate your time.
You should allow 45 minutes for each 25-mark question, and 90 minutes for the 50 mark question. Within question allocate the proper time to each part (1.8 minutes per mark). Start each part of each question on a new page in the answer booklet (if you run out of pages they will provide an extra booklet!).That way you can always go back to questions and be able to add more to your answer neatly, if you have time left at the end of the exam. You do not have to attempt the questions in order or even every part within a question in order, but do make sure you make it clear at the top of the page which part of which question you are answering.