Archives For ACCA exam paper

by ACCA student blogger Kevin Bradfield

How does one get the drive to continue studying after having failed the same exams consecutively?

One needs to reconsider the strategy being employed. From my personal experience, I have studied the text and syllabus for an exam only to end up failing.

I decided on the resit to scan through the study text and the syllabus and felt I was more than ready for the exam, especially as it was a resit.

However, I failed again. What was I doing wrong?

A suggestion a passed finalist gave to me was to discard all the prior knowledge I had on the subject and to start over, as if I was taking the exam for the first time. She implied that I was going into the exam with ‘preconditions’.

I think this piece of advice is a good one, but after having extensive knowledge of a subject, it’s difficult to do.

I will, however, try this advice, and see how it turns out. I would encourage anyone who is in the same position to try and do the same too.

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by ACCA affiliate blogger Farisa Najam

My feelings a week before the exam results are not only full of fears, but also full of anxiety. We all work very hard for six months to pass. Passing or failing these exams makes us feel positive or negative about ourselves. It affects our confidence and makes us worry about how others might react to our results.

ACCA students taking exams have to go through this phase twice a year (soon four times a year thanks to the new exam sessions!). No, I will not tell you to relax and not to worry because I have been in the same boat and you definitely cannot control your natural emotions. Hopes should always be high.

I always had a really panicky feeling before checking my exam results. Well, that’s pretty natural. I always used to think why did ACCA release results so early before I could get to pray properly! It was always difficult to make a decision whether I should go ahead and enter for my next exams or wait until the results.

While waiting for results and taking classes, I always had nightmares about my upcoming results… Would I pass all papers?

A week before the results, I also had nightmares that I marginally failed by scoring 49% or that, at times, I had just passed with 50%. Trust me, the fear of flunking at 49% used to stay with me until that moment on results day when I checked my emails, scrolling down with my eyes closed and heart beating heavily.

The moment of relaxation after seeing myself PASS is unexplainable. Every ACCA student must have gone through this and new ACCA students will definitely experience it. My only advice is to surround yourself with family or friends, go out for the day, do what you love to do, and don’t spend your time worrying about something you cannot predict.

Remember, even if you fail, never give up because FAIL means First Attempt In Learning.

Good luck!

Don’t forget to share your experiences with us. How do you tackle the anxiety or fear of exam results?

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by ACCA student blogger Adhitya Fadriansyah

“How many ACCA Papers should I sit at an Exam session?”

A friend of mine, who has recently decided to study for the ACCA Qualification, asked me the question above and it inspired me to write this article. I would like to share some factors you may need to consider before deciding how many papers to take in one exam session.

Part time student / full time student?

As a full time student you may be able to take the maximum of four papers per exam session. But if you are studying while working, you may want to think twice, or you will need to prepare yourself as much as possible, if you want to take more than two papers per exam session. When taking multiple papers in one session, a good time management is key. Make sure you cover all the materials and do lots of exam question exercise. Whatever you decide to do I always recommend using an ACCA Approved Learning Partner and the right study materials regardless whether you study part time / full time. You will find lots of useful study and revision resources on the ACCA website.

Did you claim an exemption?

At what stage did you start your ACCA journey? Did you claim exemptions from all the fundamental papers (F1-F9)? If yes, it might be a good strategy to take one professional paper first to get a good feel for the exam. That way you can adapt your strategy in the next exam session.

Workload?

Even between June or December exam session, you might find a different answer depending upon how your workload will be during that particular period of the year. I would suggest you combine your study calendar with your work calendar and see how it will work out for you.

What is your goal?

Have you set your own goal on how long will it take for you to complete the ACCA exams?  Even though it will be very good if you can pass the ACCA exams as fast as possible, there is nothing wrong with making small steps and taking one paper at a time.  I have had to resit an exam several times; fortunately I am able to pass them all in my second attempt. My strategy is always to try the failed exam in the next session, that way I can carry over the precious lesson that I learned – although the hard way – in the previous sitting. Initially I am aiming to pass the entire exam in the previous June session, but because I failed two of my last paper I am now aiming to pass them all in the next December exam session.

The answer to the questions above will vary for each person. Based on my past experience, taking two papers per exam session, works perfectly for me. It does add additional pressure, but doing it this way will help me to complete the ACCA exams faster. How about you? Have you ever taken three or even four professional papers while working? How did it go? Did you pass all the papers? Look forward to hear your insight and success stories!

by ACCA student blogger Naresh John

Hi again! As mentioned in my first blog, I work at the Ministry of Public Administration. For those of you who don’t already work in accounting  but are studying ACCA, sometimes we may ask ourselves, ‘How does working in this job enable me to use my abilities and knowledge gained from studying ACCA?’ I know I do!

To be blunt and honest… it doesn’t… wait, wait…I’m not finished! While it may not allow you the opportunity to use your technical accounting skills, it does allow you to use some principles attained from the ACCA exams.

An instance I remember specifically is the Audit and Assurance paper F8. The F8 paper is one that teaches you that there is a particular process to undertaking tasks in order to achieve a desired result and to make a decision. In the following example I will explain how F8 demonstrates this.

You need to start off with an ultimate goal in mind (relating back to F8 – auditing the firm’s Financial Statements). After that, seek to gather background information about the subject (F8 – reviewing previous audit files about the client). Next, analyse the information gathered. This analysis will help inform new situations that arise (in F8 – consideration of subsequent events). Finally, make a decision and implement it (again in F8 – deciding whether or not the statements reflect a true and fair view and issuing an audit opinion).

While you may not be able to use your technical competencies gained from studying ACCA in your non-accounting role, you still have the opportunity to use and practise some of the principles learned in the exams and adapt them to your current job – and so they can still be valuable to professional development.