Archives For ACCA study

Have self-belief!

theaccablog —  25 September 2015 — 1 Comment

Selfbelief

by ACCA student blogger Pantelis Fouli

Self-belief even spans further into your life, into your professional and personal endeavours.

For things to change for you, you have to change. For things to get better for you, you have to get better. Do not wish for it to be easier… wish you were better! Don’t wish for fewer problems, wish for more skills – and that is precisely what I want to talk about in this blog.

Reconnect to that self-belief to increase your skills within our craft – that craft being that we all share ACCA.

Many people ask the great teachers of our time, what is success? And they sit and wait for a huge, complex answer. The great Jim Rohn said, ‘success is the steady progress in reaching your personal goals, designing your life like you want it and making that steady progress in getting there’.

We all have the core beliefs of what it takes to master our studies and to be successful in our ACCA exams. They are simple and clear. They are easy to follow, easy to do, but what’s easy to do is also easy not to do and that’s the habit we need to get out of.

Our personal circumstances do not get better by chance, they get better by change. Without a sense of urgency, desire loses value.

Another eternal question: what’s the secret to happiness? The answer I have heard many of the greats articulate is progress! Yesterday’s learning won’t keep me where I am today… I need to go and do today’s learning.

It isn’t about what that ACCA course costs… it’s what it will cost if you don’t invest in it. The books you don’t read won’t help.

If you think education is expensive – try ignorance!

Please stay tuned for when I will elaborate on the 10 foundations of success in my next blog.

For anyone wishing to get in touch with me, connect with me via LinkedIn but please mention in the personal message that you are an ACCA student.

Till next time!

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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 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!

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by ACCA student blogger Pantelis Fouli

The interesting thing about life lessons is that you don’t learn them until after the event.So if you’ve been knocked down after a not so great result, it’s time to dust yourself down and move on.

Here are 10 of the worst study habits to avoid to help you prepare for your next exams:

  1. Having your mobile phone on
    Study time is meant for just that. Make it clear to your loved ones that for these few hours, unless the house is on fire, you should not be bothered. A mobile phone is a terrible distraction. Switch it off!
  1.  Environment
    I once had a lady in my class who could put on her headphones, crank up the music and study. She passed all her exams. BUT I have a feeling that she is in the minority. Make sure your study environment is without distractions, quiet, and that the climate is just right.
  1. Cramming in too much data
    Not to sound political, because I am not, but a lecturer once said to me, ‘Why do you think that X party is so successful?’ His answer was ‘Because the day after the elections, they start again.’ So don’t cram months of lectures into a week of learning. Work through it methodically.
  1.  Don’t get overwhelmed
    A lecturer once asked us, ‘How do you eat an elephant?’ we all looked at him, looked at each other and shrugged our shoulders. He answered, ‘Bit by bit.’ Don’t get overwhelmed by all the information you have, thinking that you HAVE to learn it all immediately.
  1. Looking at the practice answer before attempting to answer the practice question
    Best practice is: read over your notes, the requirement, and the passage, attempt to write as much as possible, then use your notes as a supplement, then look at the answer. I guarantee that the second time you attempt the questions you will not need your notes or the answer.
  1. Procrastination: I’ll do it tomorrow, I’ll do it later. Guys – make a timetable and stick to it. The “pain of sitting revising for a few hours and sticking to your timetable is a lot less pain than you will feel later down the line when you have months of lectures to learn in a week.
  1. Reconstructing all your notes
    Flash Cards are great for remembering key points on a subject. Don’t copy out entire sections of your notes – it’s wasting valuable time. Learn the basics and your studying will be complete after you answer practice questions, questions and more questions.
  1. Having a heavy meal
    Having a heavy meal before study is not recommended. You will feel uncomfortable and agitated. Your body as well as your mind both need to be in the right frame. So have a light meal, wait a little time to digest it – and then hit the books.
  1. Pulling all-nighters
    We are human; we need to rest, enjoy the company of our loved ones, go to work, and fulfil our obligations. Planning a study session that will require you to study all night, or most of the night is a plan for failure. The secret is to plan ahead, a sound plan goes a long way.
  2.    NOT BELIEVING IN YOURSELF
    This is not a study tip, or something to be avoided, but I would like to leave you with this message; there are no failures, only outcomes. Maybe that outcome was not what you expected, but that makes it even more important than ever to believe in yourself. You can achieve anything you put your mind to.

Remember, the sky is NOT the limit, but the stars are.

Till next time.

Six effective study tips

soramsey —  22 January 2014 — 13 Comments

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by ACCA student blogger Elyse Burns-Hill

1. Shake things up

Changing the places that you work can actually help you recall. Your brain works by spatial connections; so you will naturally remember things based on where you were at the time that you learnt something.

2.  Make flash cards

Reducing information that you need to know into something short and sweet will make it easier to remember. If you can, draw funny pictures to complement the information you need to know – again using pictures to remember uses your spatial memory.

3. Keep testing yourself

When you do practice questions, don’t use the books every time. Try doing it yourself with bullet points, then go back and see what you missed. You’ll learn a lot quicker this way.

4.  Sleep

Staying awake all night consuming caffeine will not help you learn. In fact, it will do just the opposite. Make sure you get enough sleep as it ensures your brain resets itself and has enough energy to keep up with all that you are learning.

5. Get rid of distractions

Mobile phones are the worst, especially if you have a smart phone with Facebook or Twitter – turn it off! At the very least put it on silent (turn vibrate off as well) and put it upside down on your desk.  If you let things distract you constantly, it prevents you from entering that “study zone” as I like to call it. Try to prevent, remove and block out any kind of distraction that might affect you while you study.

6. Mindset

This is probably the most important thing that you can do for yourself when studying.  Put yourself in the right place in your head. You aren’t studying because you have to; you are studying because you want to. Figure out why you are doing these exams and why you want to pass. Get yourself fired up to want to pass.

Please share your tips on how you study effectively in the comments below.