Tips on how to crack the ACCA Exam

Cracking papers can be a tricky process especially if you don’t have a study plan or if you cannot map your efforts as you continue to study the course. The same holds while you prepare for an ACCA exam. 

An ACCA exam being in the financial and accounting front needs a well-defined study plan with a consistent plan to show results. 

  • Brief understanding of the question paper

You must be certain of the course syllabus, as well as the levels and papers associated with each level. Understanding the curriculum will help the candidates to concentrate on each of the papers and prepare accordingly. The official ACCA website helps address all of your questions about the course’s criteria, eligibility, duration, scope, and employability, among other things. 

Most students are usually not aware of the importance of this stage. Knowing the exam’s aim and purpose can help you understand what the exam’s conducting body is looking for in candidates. Make sure you’ve covered everything while you make your study plan. Be aware of the weighting pattern of the  ACCA exam levels and schedule your time accordingly. Examine prior year’s question papers to gain a sense of the exam’s format in a better way.

  • Understanding the syllabus

When confronted with scenario-based problems, particularly in Professional Papers of the ACCA exam, most students go right into the details without fully comprehending the basics of the course. Hence, it is equally important to deliver the precise answer to the examiner while also complying with the time restrictions in a way that gets you good grades.

Most pupils are more concerned with merely remembering the answer than with understanding the idea. Because skipping the fundamentals of the ACCA exam stages implies skipping the subject’s base. And skipping the base implies giving incomplete answers. As a result, well-understood concepts stick with you for a long time, allowing you to confidently tackle related questions as well as apply them to real-life situations. It is strongly advised that you prepare short notes of the basic concepts so that you may review them before the exam. 

  • The apt mode of studying

After you’ve mastered the curriculum, you’ll need to decide on a study method, such as online or offline classes, or coaching. Both techniques have pros and cons, but if you want to study the greatest ACCA exam levels, you must select your study style properly that can reap amazing results.

Assessing oneself from time to time is an important technique to follow for good exam preparation and eventually better results. The is to practice the mock tests consistently. Previous year’s sample papers are available to download online.  As you begin studying for the competitive exams, you should start working on the mock tests. Consider the mock test being a real exam. Practices like these can help you to map the time required to complete the paper as well as write precise answers. Analyze your answer sheet when you’ve finished the test, scribble down any incorrect answers, and rework those sections accordingly.

  • Be consistent

When it comes to passing the ACCA exam it is crucial to be consistent with the efforts as well as the study plan you have in place. You cannot afford to be lazy when preparing for the ACCA exam stages; hence it is important for the candidates to completely focus and direct their efforts in the right direction. To pass each level, you must give it your all, and this will necessitate thorough preparation on your part.

  • Make use of resources 

Making the most of all available resources, like your time, learning materials, and so on, is a wise method to prepare for the ACCA exam. One key concept is to use only one standard textbook for each paper, as using too many books might be deceptive and lead you nowhere. Though there is no one size fits all approach, you may want to opt for resources and plans that work for you. 

You can also see how beneficial it would be if you could connect with your instructors or tutors for clear instruction if you use the term resources.

  • Devise a strong study plan

Make sure to set aside time for review as you prepare for the tests. As you prepare, make short notes and keep them for your review days. During your revision phase, do not begin with a new or fresh topic.

The ACCA website includes a comprehensive ‘Syllabus and Study Guide’ that thoroughly defines not just the subjects to be assessed, but also the candidate’s responsibilities. It specifies the degree to which knowledge in the test field is necessary for three levels. This is divided into three categories.

The ACCA total papers include:

Level 1: Understanding and knowledge

Level 2: Analysis and Application

Level 3: Evaluation and Synthesis

These levels are frequently listed in superscript next to every prerequisite on the syllabus.

Steps like covering all these papers would aid in answering questions about that area of the exam. It’s critical to cover the whole spectrum of topics in the curriculum without skipping any.

  • Taking practice tests

Mock assessments may be obtained directly from your online course provider; make sure you do not miss any of them as they will offer you a quick overview of the test structure as well as a form of self-analysis. The ACCA papers are largely about grasping ideas, so be sure you can answer questions precisely in the allotted time.

It is crucial to solving as many practice papers as possible you can for the test you’re taking from the ACCA papers list. While you take practice tests, question banks may also help for the ACCA total papers.

The majority of students studying for the ACCA papers make the basic error of merely taking notes and reviewing them. This may be accomplished by asking yourself as many questions as possible. You may also build a question bank by conversing with your peers, mentors, or seniors. These questions will prepare you for any questions you may be asked on the test without taking up more of your time.

  • Be a part of study groups

Studying with a peer group can also help to comprehensively go through the syllabus. This helps to not only see a difficult issue from several perspectives but also allows you to clarify your thoughts via a comprehensive conversation. You’ll also be introduced to a variety of study methods that might help you enhance your abilities. Further, if you accidentally miss out on a topic, that can be covered too.

Your preparation may be crammed up if you are in a rush to accomplish the full syllabus just for the sake of it. When you’re studying a topic, make sure you comprehend all of the concepts that go along with it. If you have any more queries, you can consult your teachers, internet communities and forums, or even seniors who have taken the test before you. It is critical to have a thorough comprehension of the present topic so that you do not carry over any misunderstandings or errors into subsequent subjects into the exam.

  • Being in good health

During study as well as the test, it is important to maintain good mental and physical health. As you prepare, make sure you receive adequate rest and sleep so you can learn holistically.

Many studies have shown that eating healthy and getting the recommended amount of sleep helps your brain function at its optimum. Burning the midnight oil may appear productive at first, but it depletes your cognitive capacity as well as your physical health eventually. If you study while not being healthy, forget what you memorized but you also end up deteriorating your health. You should also undertake some modest exercise to help you burn calories and increase your energy levels amidst long study sessions.

Make time to do activities merely for fun throughout your revising session. Naturally, there must be a balance, and going out every Friday and Saturday night is not it – but you don’t have to abandon your life entirely. 

Sure, knowledge is important for passing the ACCA, but if you’re exhausted and stressed, you won’t be able to perform well on exam day.

It is undeniable that ACCA exam levels are time and energy-intensive. You may even feel discouraged and hesitant to continue, which is why having a strong support network is so important. This can be friends, family, or even coworkers who understand the pressures you’re under, make you feel good, and help you improve your ACCA preparation.

Key takeaways

As the financial growth of the nation is evident, so is the need for accounting professionals. Not only do firms require accountants who have proper educational qualifications, but also require them to possess certain soft skills. 

The soft skills required include having good communication skills, the ability to work within a team, keeping up with the current technical software, and much more. 

As the candidates keep up with the evolving software and the changing techniques of work, they can add more value to the firm they work for and hence can land better job opportunities in the times to come.