There seem to be twice as many people who fail the ACCA exam
the first time and then pass a bit like a driving test! Passing the exams is relatively easier than many other courses, mainly due to the flexible and convenient exam schedule. One just needs to adopt a suitable schedule and have a proper study plan to clear the ACCA exams, which is where the coaching classes do a good job of preparing these students.
How to ACCA Exam? ACCA (Association of Chartered Certified Accountants) exams are challenging but with the right approach and preparation, you can pass them. Here are some tips to help you pass your ACCA exams:
Tips & Tricks to pass the ACCA exams on the first attempt
- Create a detailed study plan
The first step to achieving any long-term goal is to create a realistic plan for it. So, the first thing you need to do when you start preparing for ACCA exams
is look at the syllabus and exam structure. Then determine how much time you will need to prepare for each topic. Mapping out your weeks or days and allocating a specific amount of time to each subject will help you stay organized and on track with your preparation. It might also help to keep a checklist of all the topics you can cross off as you finish studying them.
- Improve your Time Management
Time management is a key skill to learn if you plan to pass the ACCA exam in one go. You need to be able to manage your time so that you can accurately answer all the questions you know and still have enough time to attempt each question on the paper. This can be achieved by timing yourself regularly as you solve questions and practice with mock exams. The goal of incorporating timed tests into your routine is to help you navigate the ticking clock and increase your response speed.
- Start your preparation early
For ACCA exams, it is important to leave enough time for revision. If you are planning to clear the ACCA papers on the first attempt, it is important to take your time and allow yourself plenty of time for preparation. Moreover, after completing each exam, start preparing for the next soon after instead of waiting for the results to be declared.
- Solve lots of mock exams and practice tests
This proposal is consistent with the previous point. Solving mock exams and practice tests will help you familiarize yourself with the style of questions asked. It will help you in your time management skills and also help you to find out the topics in which you are not strong. Another great technique is to attempt MCQ tests of a given topic after preparing for that topic. This method helps improve your ability to remember and also informs you about topics that need more attention.
- Look at the examiner's reports
Another ACCA exam tip is examiner reports, it describe some of the common mistakes and problems encountered by students as observed by examiners. These reports are available on the ACCA Global website
and are updated after each exam. Interviews with examiners are also available on the website, offering insight into what answers examiners are looking for and areas to focus on.
- Use ACCA-approved study materials
This thing will make a big difference in your ACCA preparation is the kind of study material you use to pass ACCA exam easily. If you have not enrolled in any ACCA coaching class
, make sure you have approved ACCA study materials. This is where coaching courses like CFO Next help, as they provide all the necessary study materials in addition to mentorship, placement assistance, and also exemption fee waivers if you are eligible.
- Enroll in a coaching course
This method will save a lot of your time, and you would have otherwise understood the concepts on your own without having anyone clear your doubts. Registering with a coaching provider, preferably an ACCA approved partner, will help ensure your concepts are clear and you have the latest updates on all your exams. Such ACCA coaching providers like CFO Next
also include ACCA-qualified faculty members who bring a lot of industry experience and help you learn the concepts through realistic case studies.
- Create summaries and mind maps of topics
When you are studying a particular topic, creating short summaries or recaps of each topic will be extremely helpful in reviewing the topic. You can also create mind maps to have a visual representation of each topic.
- Consistency is key
The most important factor that helps keep concepts fresh in your mind and prevents you from falling behind in your studies is staying consistent. If you put in the effort every day, you'll keep yourself in the right mindset before the exam and fight any tendency to procrastinate.
- Take care of your personal well-being
Students often get so immersed in their studies when preparing for professional exams like the ACCA that they tend to neglect their health and well-being. Make sure you get enough sleep and stay healthy throughout your preparation so that you are in good shape when the exam date comes. Taking care of your body is extremely important because no one wants all your efforts to go to waste.
All the above-mentioned tips will help you to pass the ACCA
exams in a suitable way and clear them on the first attempt. Just work hard and try to follow your set goals. ACCA only requires 50% marks to pass the attempt, which is relatively easy to score. It is always advisable to get proper coaching from experienced ACCA faculty to increase your chances of multiple success.
If you want to study ACCA, you should enroll in our ACCA course
to be instructed by experienced mentors who will guarantee that you become a competent professional with an exceptional skill set. Contact us
for more information.