Tips to pass ACCA Exam on the First attempt
The ACCA qualification is a wonderful way to start a career in Accounting and Finance because it is a globally recognized course with updated/industry-relevant information.
ACCA students can achieve a Diploma/Advanced Diploma in Accounting and Business and then become ACCA Members.
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ACCA aspirants rigorously need to concentrate on their studies, To pass the ACCA exams in a very less duration, You need to have a structured study plan with proper study materials and an experienced mentor. The best way to get all of these is to join the Best ACCA training program where you will get the support, guidance, and all the requirements at a reasonable price. Here are the ACCA course details, You shouldn’t miss out
To become an ACCA member, an applicant must complete the following tasks:
ACCA has three levels of studies and exams: Applied Knowledge, Applied Skills, and Strategic Professional.
For Applied Knowledge
For Applied Skills
For Strategic Professional
Because of the flexible and convenient exam schedule, passing the ACCA exam on the first attempt is significantly easier than passing CA or CFA exams. To pass the ACCA exams, all that is required is to follow a proper schedule and have a proper study plan, which is where coaching sessions come in handy. Here are some pointers that will assist you in passing your ACCA exam on the first try:
You can begin your exam preparation by reviewing the whole syllabus and developing a comprehensive study plan that covers all of the topics. The first four papers of ACCA (AB to LW) can be taken at any time during the year; however, the next four can be taken in March, June, September, and December. Studying for one paper every quarter helps you to concentrate on one subject at a time, which may be advantageous when you advance to higher-level papers. This is because some of the higher-level subjects are more difficult or have a lengthier syllabus to cover.
While it is vital to concentrate on your weaknesses, this should not lead to the decision to pass over other issues. You should arrange in such a way that all of the issues are given equal weight and adequate time.
Mock tests are always the most effective technique to assess your strengths and weaknesses. Students should take a number of well-planned mock exams and exam simulations to get a feel for the exam. When you’ve already been given 4-5 tests, you’ll feel more confident on the day of the exam. While the first four examinations are computer-based MCQs, the fifth and subsequent papers have a combination of multiple-choice goals and subjective questions that require practice and technique. Sticking to the time restriction in mock examinations can help you become more familiar with the exam format. You can examine the difficulty level and questioning tendencies by solving previous question papers.
ACCA exam is a hands-on, application-oriented qualification that necessitates more practice than memorization. Allowing time for what you’ve learned to sink into your long-term memory rather than relying on your short-term memory will help you perform better on exams. If you allow enough time for revision, you will have a better chance of passing the exam on the first try. Make notes in your pocket, make acronyms, and get the support of your classmates and instructors to come up with new ways to remember the tricks.
Personal wellbeing — both mental and physical – is last but not least. You can only become an ACCA if you want to. Remind yourself that this is the person you want to be. Passion, determination, and patience are, without a doubt, essential. While it is critical that you remain positive and work hard, it is also critical that you relieve all of your tension. Keep in mind that this isn’t a life-or-death situation. You have to be kind to yourself. Relax for a moment and carve yourself some time for some exercise, meditation, or yoga to improve your attention. Make an effort to surround yourself with individuals who will motivate and de-stress you.
If you can manage your time well and are willing to make social sacrifices, studying for the ACCA while working is a viable choice.
Most students find earning money while studying intriguing, and the experience you gain will likely help you better comprehend the ACCA exam topic. NorthStar Academy, the best institute in the ACCA program, is running online classes which will be very beneficial in studying while working.
Working and studying can complement each other, and as a result, you may discover that you do better in both camps.
Many of the students decide to study two ACCA papers simultaneously. This was once a popular method of progressing through the qualification, but in recent years, many students have developed the practice of taking one paper at a time. It can be difficult to decide between two papers if you are considering doing both.
Some publications are more computational, while others rely on written analysis. A decent rule of thumb is to combine a computational paper with one that requires more writing.
ACCA’s Audit and Assurance (F8 paper) has a history of having some of the lowest pass rates in the world. This paper puts your technical knowledge of audit principles to the test, as well as your comprehension of the assurance engagement process and its application to a professional regulatory framework.
You can’t crack all the MCQs towards the end of your study schedule for the F8 paper. This is why you should complete 5 MCQs per day, during the duration of the curriculum, totaling about 300 MCQs throughout your lesson. This will help with retention and overall understanding of the concepts.
The ACCA F6 exam, like all other ACCA courses, is quite complex, and it would be more accurate to describe F6 (Taxation) as lengthy rather than difficult. However, claiming that it is more difficult than previous ACCA fundamental level exams is incorrect; some students may find it easier because it is a practice-based test rather than a logical thinking exam, and it is more straightforward rather than hectic.
Overall, planning ahead of time, eating the right foods, properly organizing your study environment, and, most importantly, believing in yourself can help you deal efficiently with exam-related stress and pass your examinations on the first try.
With a flexible ACCA course from NorthStar Academy, you can give yourself the best opportunity of succeeding. We can help you have a better understanding of every concept of ACCA Subjects. Additionally, we also provide students with Customized study materials, a Mobile app for the backup classes, a forum to debate exams, methodologies, subject-related questions, Practical Experience Requirements, and other topics. If you have any further queries on ACCA course details. Feel free to contact us at +91 81 4747 0707. We would be more than happy to help you with your career regards.