by ACCA student blogger Naresh John
Hey all…. within the blink of an eye, we’re facing them again…exams!! What once had me thinking (and a bit scared), was the pass rates of paper F4 – Corporate and Business Law. They were quite scary to look at, as they continuously decrease over the years. I asked myself, ‘What is the reason for this? Is the paper that difficult? What do I need to do to pass this paper?’
Well.. I found my answer when I attempted this paper in the December 2012 sitting. What I found was this paper probably overwhelms students by the amount of information presented in front us. As such, we suffer from information overload when studying.
After being very successful in this paper (attaining 1st place the Caribbean region), I can say that this state of mind can be overcome. The first thing that one should do is approach this exam paper with an open mind – don’t have any predispositions about it based on opinions expressed by colleagues or from past statistics, but think of it as if it’s the first time you are hearing about this paper.
Secondly, use your class notes, ACCA textbooks and the study kit to revise. As this course is theory based, the study kit answers are of the most help, as answers cannot vary to suit the scenario, but are consistent with the kit. You should aim to read all that is necessary at least five times before the exam (I did it ten times), so that you remember it well.
As far as remembering cases, it is not mandatory, but it is useful for showing the examiner that you know about the origins of the law and principle. Mentioning the name of the case related to the topic is sufficient, so don’t worry about remembering all of the case details.
Finally, enter the exam hall full of confidence, knowing that you have studied sufficient material to not just pass, but to score a high mark.
Till next time peers, keep well and good luck in the upcoming exams!