If Accounting 2011 paper were a compulsory paper then it would have been my favorite one. I attempted it well but as a matter of fact you don't have to pass or get good marks in optional papers but in fact, you have to push your score in the net of 150's or above. So thumps down for accounting paper and hopes shattered at least for next two attempts.
Furthermore, your paper will be marked by Hailey college lecturers. Not by the Chartered Accountants of ICAP or Management Accountants of ICMAP who have sufficient time and get adequate remuneration for paper marking based on conceptual answers. Here, marks will be awarded according to correct answers. No step-wise marks will be given in any mathematical question, I guess.
And MCQS will be another battle to fight with.
Being a Chartered Accountant I am a die-hard lover of Accountancy but in my opinion swimming against the current is a futile thing. May Allah Bless all of us and may Shower His blessings upon those who work hard.