I passed my exam yesterday. So thank you very much for all your help and encouragement. Was surprised, that I actually knew most of the answers, and in the end there was only few that I was not confident about.
If I compare the F2 and F3, BPP covered the syllabus much better for F3 than the F2. The open tuition was a last minute saviour. Will keep on using it, that's for sure.
Looking forward to starting the F4 now. You have mentioned previously (can't find the thread), that some papers that compliment each other. Which ones would you recommend to go with F4?
Hope your studying is going OK. Can't even imagine what it is like at that level. I hope I get there one day.
yes, thank you. I get very nervous before exams, when I got home last night, had two glasses of champagne and passed out. This morning I woke up and I thought - I do't have to study (for few days). It was heavenly. LOL
Congratulations BJ, see, told you that you could do it!
Right, complimentary papers batched and sequenced (I'm sure that you can do the skills papers in any sequence so try this one out)...
F7 Financial Reporting F8 Audit and Assurance
F6 Taxation
F5 Performance Management F9 Financial Management
F4 Corporate and Business Law
P1 Governance, Risk and Ethics P3 Business Analysis P5 Advanced Performance Management P4 Advanced Financial Management
P2 Corporate Reporting P7 Advanced Audit and Assurance
P6 Advanced Taxation
The blue ones are any two from four. P5 has lousy pass rates but I think that it's a better paper than P4 which has higher pass rates!
P7 expects you to go into the exam with the full knowledge from P2. It's also sat on the Monday a week before P2 so think of it almost as a mock! (although there are considerably less calculations in P7 than in P2).
At the Skills level do you think that it might be best to front load F7 and F8 as you're going straight from F3 (backed up with some P2 level knowledge ) so perfect time to hit those two bad boys and get them out of the way.
Taxation should be done after corporate reporting but it's very stand alone.
The management accounting papers should be sat together and at this point your hit with a cunundrum as both the management accounting papers and the law paper are important inputs to P1, P3, P5 and P4 but you shouldn't sit the law paper at the same time as management accounting papers as both will suck up all of your available time.
In some ways you can very much think of P1, P3 and P5 as a three for one, they really are that similar and incestuous.
Your first sitting now is going to be December so for a plan, get your Kaplan study texts for F7 and F8 ordered now. Then plan to start revision texts for both from September and old papers from the start of November.
There's a lot more to audit than you probably think (and a lot less than the general public think!).
The major difference between expectations at the F level papers and the P level is that at F you are an accountant working in an office and at P you are a partner level accountant.
Right, sure that we'll be chatting lots over the next few months. talk later,
Shaun.
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
This Accountancy thing is far worse than the invention of "textspeak"
actually thinking ATT for CPD with IFA. lol
ttfn,
.... See what you mean!
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
I had a study/computer free weekend. It was great. Feel rested and ready for another battle. LOL.
Will try and start with F7 and F8 for mains and as a desert I will have the F4 (like we discussed before, that is originally what I wanted to do). I am hoping that by the time I get to F5 + F9 (the scary ones) I will have a bit more knowledge and won't feel completely out of place.
) so perfect time to hit those two bad boys and get them out of the way.
) I will have a bit more knowledge and won't feel completely out of place.
