Why is the ACCA AAA (P7) pass rate so low?

Richard Clarke

This is what the examiner says..

  • Writing out or simply restating facts from the question with little or no development,

  • Not answering the question as set,

  • Quoting accounting standards without applying them,

  • Using vague phrases like “perform analytical procedures”, “check the relevant documentation”, “in accordance with the relevant standard” which do not earn marks unless the point is developed further,

  • Poor presentation and layout with a lack of clarity to the explanations provided, and

  • Obvious lack of accounting knowledge; an error cannot simultaneously overstate assets and understate profits for example

So take it on board, and leave those errors to others while you pass with flying colours

Richard


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