r/AccountantsEire

Hi everyone,

I'm repeating all of my CAP2 exams this sitting and was wondering if anyone who has been in a similar position has any study tips or advice they'd be willing to share.

I'd really appreciate hearing what worked for you, particularly in terms of revision, exam technique, or managing the workload.

Thanks

Guys, not techy and reviews online are overwhelming me. Need suggestions based on your personal experience please.

Priority:
- Note taking
- Time management
- File management
- Personal stuff trackers

I need to put everything in a single device T_T

I appreciate you are all in the depths of study leave which is why I’m asking now while the pressure is on and things feel a bit raw/fresh.

I’ve just passed CAP2 and moving onto FAE. What advice would you give that has made this period more manageable or what do you wish you had done differently now the end is in sight?

I’m on the Flexible Route and don’t have any colleagues to ask for guidance and CAI and my mentor just gave me general generic study advice. A current students perspective would be nice to hear about the reality of what is ahead.

Thanks in advance for sparing your time and Good Luck everyone for your upcoming exams!

Hi everyone,

I’ve recently completed my CAP 1 exams. Since I didn’t have any exemptions, I had to prepare for all four papers, and I’ll be in the same position for CAP 2.

Now that this year’s CAP 2 exams are over and the results have been released, I wanted to ask for some advice from people who have been through it.

What would you recommend as the best way to prepare for CAP 2 while working full-time? I’m particularly concerned about subjects like Tax and FR, as I expect those to be the most challenging for me.

When did you start studying? Did you focus on one subject at a time or study all of them together? Are there any resources, study techniques, or mistakes you think I should know about before I start?

I’d really appreciate any tips or advice from people who’ve completed CAP 2. Thanks in advance!

How did we all get on ?

Well things didn’t go to plan.

Got the following results. :
Tax - 22
SFMA - 29
FR - 16
Audit - 35

In Big 4 and haven’t heard anything from them this morning. Am I crocked ?

Results

Tax- 45%
Audit- 47%
FR-43%
SFMA- 47%

Honestly so upset, annoyed and embarrassed because I was so close to passing. I’m not really sure where to start, I had emailed them wanting to know where I went wrong but I was told that they can’t give me feedback per exam regulations.

So if anyone could give me advice on where to start because I want to maximise the time I have left.

Does receiving extenuating circumstances for an exam mean an automatic pass - I had a technical error and a medical issue during SFMA but I was unable to attain a doctors note until today after I was seen by local GP. I failed SFMA - I got 43% could I argue this with the proof of a doctor’s cert or am I wasting my time?

Good luck to everyone one tomorrow. I hope we are all successful.

Staring my grad role in November and I’m freaking out. Very bad at maths and never did accounting in school. How difficult with the CAI exams be for me?

For those resitting cap 2 tax NI what is the plan going forward? Seeing the 77% pass rate is disheartening considering the difference between the real exam and the practice papers

Hey all, just a quick question.

For both the audit and core exam is it acceptable to have a planning excerpt under each indicator. For the mocks in each indicator box under my answer I had a planning section like this

Planning (not part of answer)

Is this acceptable in the exam or should I stick to writing it down. Or would it be better all being under indicator 1 instead of in each separate indicator box. Hopefully that makes sense hahaha

Hi all,

Hoping someone could help me with my understanding.

If I fail only one exam at FAE - my audit exam and pass core is it correct I’d have to repeat audit and core next sitting is that right?

Or would I only have to sit the one I fail. I’ve seen mixed reports online about this and want to know!

Thanks

I just started a new job at an accounting firm, only two days in, and already found myself in a debate with a coworker about AI's role in accounting. My take was that AI, if built well enough, could realistically handle the vast majority of what we do day-to-day. Their pushback was that AI simply won't be trusted with much of the actual work, since it's seen as unreliable and can't be given access to sensitive client data like tax filings or revenue figures. Curious to hear how others in the field see this playing out. 

How did people find the audit mock?

Thought Sim 1 was quite hard, Sim 2 was challenging but doable

I had never heard of DSR before this exam so I left that one blank, does anyone know where I can learn more about it?

How did we all get on?

I passed them all, some relief. Bit disappointed with AFA, but the rest of the results I thought were predictable

Hey everyone,

I'm currently preparing for the FAE Core and FAE Audit exams and wanted to get some realistic advice from those who have already passed.

Obviously, doing the sample papers and mocks is great for understanding the exam structure and time management, but I want to know: how important are they beyond just learning the pattern?

Specifically, in your experience:
* Is there any actual chance of similar questions/scenarios from the mock or sample papers showing up on the real day?
* Do the examiners tend to reuse or heavily adapt indicators from the CAP2 or FAE mocks, or are the actual exam cases usually completely fresh/unpredictable?

Any advice on how to best utilize these papers in the final weeks would be massively appreciated. Thanks in advance!