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13 March 2017

Here's your ACCA March feedback from the F9 and P4...

MCQs were ‘too tricky’ for some. One sitter thought there was too much theory and not enough calculation – you love those calculators!
The long questions were on NPV and WACC, with discussion on debt/equity. No cash cycle or working capital management.

A hard paper – “of all the papers I have ever sat this is the hardest”. Sitters felt Q1 was pretty loaded, with too many things to sort out. As one PQ said: “ A 50-marker on restructuring and reverse takeovers – give me a break, and then we got currency swaps!”
The big moan here was the paper bore no resemblance to recent past papers.
Another described the exam as “argh”. Many Sitters were urging to give ACCA direct feedback via the exam survey.

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