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by ACCA student blogger Pantelis Fouli

‘There is one quality that one must possess to win, and that is definiteness of purpose, the knowledge of what one wants and a burning desire to achieve it.’ Napoleon Hill

It is a well-known fact that only 3% of adults have clear, written goals. We come together every so often because we have a common goal, and that goal is to qualify as an ACCA, so let’s practically see how we will approach our common goal.

  • Step 1: Decide exactly what you want.
  • Step 2: Write it down.
  • Step 3: Set a deadline on your goal. Set sub-deadlines if necessary.
  • Step 4: Make a list of everything that you can think of that you are going to have to do to achieve your goal.
  • Step 5: Organise the list into a plan.
  • Step 6: Take action on your plan immediately.
  • Step 7: Resolve to do something every single day that moves you toward your major goal.

Let’s use myself as a practical example:

  • Step 1: Qualify as an ACCA, successfully pass my remaining two papers P2 and P6, and commence college on 6 July for my P2 studies.
  • Step 2: Done.
  • Step 3: Deadline, sit and pass P2 in December 2015. Sit and pass P6 in June 2016.
  • Step 4: Sign up for college (evenings); study first thing on Saturday and Sunday mornings; attend all lectures; attend all progress tests; attend all mocks; work through at least six past papers; and solve the revision kit twice.
  • Steps 5 and 6 are self-explanatory.
  • Step 7: Wake up each morning an hour earlier to make sure I can read at least 10 pages of a good book; workout first thing to get the endorphins released (happy hormones!); and review my weekly and monthly goals.

Don’t forget to connect to ACCA’s Learning Community

I intend to keep in touch more regularly. An ACCA student recently left me some great feedback on my LinkedIn profile regarding my blogs. What she and most of you may not realise is the strength and motivation this gives me to carry on with this exceptional professional qualification – so thank you!

Feel free to connect with me for any further questions you may have. Until next time!

Prepare for results day

by ACCA student blogger Shahroze Naeem

I’m confident many of us are eagerly waiting for 8 February so we can find out how well we did. Meticulous exam preparation will pay off for some, while others would have to try their luck the next time around.

I did not sit any examinations this session, so I don’t have to worry about anything :)

As for those waiting for the result day, here’s what you should be doing right about now:

1. Expect the best, prepare for the worst

This is easier said than done. No one will actually consider the worst case scenario. My question is, why? Why can’t we consider that we have a 50% chance of failing as well? Being optimistic about something is a different thing – considering the realities of a situation is something else.

No matter how hard we try, the rate of passing is always going to be 50%. Therefore, let’s prepare ourselves if things don’t go according to plan. Make a backup study schedule for yourself and keep your notes with you until the result day. Ensure that you make a thorough plan to appear for the next examination session so you can succeed the next time.

2. Work on preparation loopholes

Preparing for exams, there are always some areas that we fail to cover effectively no matter what. You should keep a keen eye on those areas because they need the most amount of practice if you have to reappear.

Have everything ready before the result day takes you over with a surprise and you then find out you have to begin with scratch. These loopholes can be eliminated if someone is reappearing and you will therefore stand a brighter chance of not only passing, but passing with an impressive score.

3. Doctor says, take your daily dose of positivity 

Reading at least 5 motivational quotes or 2 pages off an inspiring book daily will help you change your point of view regarding failure. With a positive approach at reality, you will be so much better off. Failing with a score of 49 is not a bad thing – you just have to work hard enough to deserve that 1 extra mark.

Do let me know in the comments section how your waiting time is coming along and if you have any of the above in your check-list. All the best for the result day!

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by ACCA student blogger Adhitya Fadriansyah

Part 1 – Exam Result

It is never easy to hear the bad news if you’ve failed an exam. It is normal to feel sad, disappointed and angry, always remember: ‘Edison failed 10,000 times before he made the electric light. Do not be discouraged if you fail a few times.

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After receiving the result, if I fail a paper, I write down what I think caused me to fail and which area of the syllabus I need to concentrate more on. If I pass, I will download the syllabus for the future papers and try to look for a combination that works for me best.

Part 2 – Planning

I start with downloading all the materials related to the paper I’m going to take from the ACCA website (syllabus, examiner reports, past exam papers, technical articles, etc). Downloading it is only the first step; the next step is to set your goals and plan your monthly or weekly activities.

Part 3 – Study Text

I only use learning materials from an ACCA Approved Learning Provider; it gives me the confidence of knowing what I will face in the exam.

To finish reading a 500 page-long study text in a month, I set a target of reading around 17 pages a day. It seems a lot -but do not wait to start; the longer you delay it the more pages you will have to read beforehand. If there is an area you do not understand quite well – ask your mentor, ask your tutor and ask your colleagues.

Part 4 – Revision

Having read the study text, it is now time to test yourself. It is very important to get used to the question type and the exam requirements. I will usually try at least one mock exam – 3 hours of writing and 15 minutes of reading and planning time.

Part 5 – Exam

Here comes the big day. Take good care of your health and ensure you have enough rest the night before the exam; plan your travel to avoid traffic. It is better to arrive earlier rather than having to rush to the exam hall and start the exam in a bad mood. Bring your ID and your exam docket and make sure you have a complete set of stationery – you don’t want to run out of pen in the middle of an exam, do you?

Part 6 – the most important part – HOLIDAY

After all that long hours spent studying, I choose to take a month away from all the books and spend my time with my family while waiting for the results.

That is how I plan my approach to an exam. The most important thing is to plan your work and stick to your plan. Wish us all the best of luck for the upcoming exams.