讲稿考官报告examreport 2015.pdfVIP

Examiner’sreport

P4AdvancedFinancialManagement

June2015

GeneralComments

IntheJune2015paper,similartopreviouams,therewasone50-markcompulsoryquestionin

sectionA,whichalsocontainedfourprofessionalmarks.Thiswasfollowedbythree25-mark

questionsinsectionB,outofwhichcandidateshadtochoosetwo.Allquestionsconsistedofamixture

ofcomputationalanddiscursiveelements.

TheoverallperformanceofthecandidateswasterthanDecember2014andinlinewithprevious

P4examinations.Themainreasonsforcandidatesperforminglesswellwere:

i)Notreadingtherequirementsofthequestionandthereforeansweringthequestionincorrectly.

Thiswasparticularlyrelevanttoquestion1(a)andquestion3(a);

ii)Withreferencetoquestion1(b)(i),convertingcashflowstodollarsinsteadofworkingthrough

theminthelocalcurrency;

iii)NotstudyingthearticlesinStudentAccountantinsufficientdetail.Thiswasparticularly

relevanttoquestion4(b);

iv)Poortimemanagement.Spendingtoomuchtimeonfamiliarquestionsandthennothaving

sufficienttimetodootherquestions;

v)Notstructuringquestion1(b)intoareportformatandnotgainingalltheprofessionalmarks;

vi)Lackofdetailedknowledgeofpartsofthesyllabusareas,answeringonlypartsofsome

questionsfocussingeitheronthenumericalpartsorthediscursivepartsinsteadofa

balancedapproach;

vii)Notusingthereadingtimeeffectivelytoplanastrategicapproachtotacklingthepaper,andto

selecttheoptionalquestionswisely;

viii)Presentingthediscursiveanswersinbriefbullet-pointformat,ofteninincompletesentences,as

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