Archives For motivation

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by ACCA student blogger Pantellis Fouli

Hello everyone. This is my first ACCA student blog article of 2015. So I start with this. As the time nears for our ACCA exam results to be announced we need a clear vision of what we will do in each scenario. Of course by now I would hope you are with assumption that you WILL pass thus you’re already on your second week of study with your new ACCA paper.

ACCA, as life is in general it’s all about making a decision, a plan and sticking to it. There is no stand still, we DON’T wait to see what IF. We are fortunate to be on the way to an exceptional professional qualification thus if we encounter some stumbling blocks on the way, we deal with them.

This time of the year everyone has their new year resolutions written out and they are giving it their best shot, I would say differentiate from the rest, be willing to do what only 5% of the people are willing to do to get the results only 5% of the population has, make that ONE new year’s resolution that has ties with ACCA and stick to it

This may be if you ALWAYS leave studying last minute, don’t, draw up a plan and STICK TO IT, and honour promises to yourself. We would not lie to our loved ones would we, why would we lie to our self-time and time again by breaking these promises!

Soft skills are so very important, not only for ACCA, but for your career path in general. You should make it a point to leave everyone better than what you found them, this means add value to everyone’s life that comes across your path, and this will enrich the lives of others and yours too. These soft skills can be learnt through books, courses or mentors and it’s a highly valuable investment.

Till next time….

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by ACCA student blogger Adhitya Fadriansyah

Hello everyone, how was your exam results? Did you pass all the papers you took? Congratulations to all of you who passed them all. Unfortunately for me, I took three professional papers and was only able to pass one of them, almost got a pass mark for another paper and got way below the 50% pass mark for the last one. In this article, I would like to share what I think was causing the failure, how I coped with the result and what I plan to do next.

What went wrong?

Bad planning – remember the previous article I wrote on self-study scheduling? I overlooked the part where I need to balance between workload and study time. For better planning, you may want to create a consolidated schedule between your study plan and your workload in the office. I miscalculated the part where there was an increasing workload in the months nearing the exams. For me personally, I would think twice if I should take more than two papers in one sitting (especially if you are working and self-studying).

How to cope with failure?

Share with someone – it is very relieving to share your difficult moments with someone. It can be your spouse, your family, your colleagues or even your boss. I am very lucky to have a very supportive manager. This is what she said when I told her that I only passed one paper:

You just need to keep trying. Do not get stressed out, it is a great experience. We need to be able to smile at our failure to overcome them successfully. So smile and try again!”

Her email really made my day – it makes me even more motivated to pass the ACCA exams.

Just keep remembering the reason you decided to study with ACCA in the first place. I always go back to The reason for my motivation article I wrote late last year, to help me keep motivated.

Think on the bright side. Think of it the other way around, focus on your success rather than your failure. I am now one paper closer on passing all the required papers on my journey to becoming an ACCA member! Yes, I did fail two papers and only passed one, but that only allows me to learn more and prepare better for the upcoming exam.

What’s next?

Have a better plan and learn from your past mistake – do not be embarrassed by your failures, learn from them and start again. Remember Dory, the regal blue tang fish from Finding Nemo? Yes? Well ‘just keep swimming, just keep swimming’ and eventually you will reach your final destination. Enjoy the journey, no matter how difficult it might be.

I would love to hear your experience, please share them and let’s pass the ACCA exams together!

 

Photo credit: Scott Robinson via Flickr

by ACCA student blogger Elyse Burns-Hill

I touched briefly on mindset in my last post, and I would like to expand on it now.

Creating the right mindset for yourself is what can make the difference between success and failure. This applies to everything in life from your ACCA exams to getting your dream job. 

1. Believe in yourself

Some of us go through times when we just do not believe that we are going to make it through the next set of exams without at least one failure. I know I’ve felt like that on multiple occasions.  Whenever those thoughts come into your head, you need to push them out again. Don’t let them take hold and bring you down. This is what I tell myself when I feel like that: “I am capable of anything I want to do, and at the moment that is passing my exams”.

2. Positive energy

Create positive energy around what you are doing. If you’re studying, sit quietly for two minutes and imagine yourself opening your exam results. “Pass”- let the feelings of happiness (or relief!) sit there and radiate out through your mind and body. Then get to work.

3. Release yourself from restraining thoughts

Many of us believe that the intelligence, abilities or talents that we are born with are what we have for life. While each of us maybe born with a capacity or limit to our intelligence, very few people will reach that capacity without hard work and perseverance. If you think about it on a biological level (keeping things simple!), the brain is just a mass of connections. The more you learn and work towards building those connections, the smarter you get.

So your mission, should you choose to accept it, is to believe in yourself every step of the way, create a bubble of positive energy around you whenever you do something you want to succeed in, and keep learning and pushing yourself in the knowledge that doing so will make you smarter.

Staying motivated at exam time

soramsey —  28 November 2013 — 1 Comment

by ACCA student blogger Mike Tye

Often around exam time when friends are carrying on their daily lives, getting home from work and doing whatever they please, whilst I’m getting home from work and hitting the books I ask myself, ‘why bother? They’re getting on in life just fine without extra qualifications…’ so this post is going to be about why I put myself through the perils of extra study, especially with the extra pressure at exam time.

Firstly, and I imagine for most people – it’s money!  When the ACCA did a salary survey they found that 61% of their members received a pay increase in the previous year. You may even be in the fortunate position where your employer offers a direct pay increase for every exam you pass!  You can apply this monetary benefit to your individual circumstances as motivation. So if you have a family you provide for, that extra money could go towards them. Alternatively if you feel like spending the extra money on going out, then use that as your motivation. Everyone’s different, but think of the actual gain you will get from a good salary.

Secondly, it sets me ahead of the competition. At the end of the day, if you’re going for a new job then you’re effectively just a piece of paper (your CV) until you get into the actual job interview. You and your friends may know that you’re a hard worker but the potential employer will be looking at cold hard facts, ie your qualifications and experience. It will also be of benefit to your job security, if staff costs are getting too high then employees may start to get laid off.  By having the ACCA Qualification, you can offer your employer not just accounting skills, but you’ll have a background in corporate law, tax, audit etc.

That also leads me onto my final point, the fact that it is such a broad qualification. The skills you learn along the way mean that you don’t have to be just an accountant for your company, you might also lend a hand to friends with tax advice, you might help your company in producing budgets or you might get involved in internal audits.

Further study also influences my personal life, in how I approach problems or situations. The difference is quite amazing between now and when I was younger, especially since taking on the Oxford Brookes BSc degree and the Research and Analysis Project needed to achieve this.

This leads me nicely back to the beginning of this post. When I come across a problem, I can draw on the experience I’ve gained from either my studies or completing the RAP. So when for instance, I start to ask myself about why I’m putting myself through the anguish of all of this extra work, I look at the above positives and it gives me the drive to carry on.

 

 

 

 

 

by ACCA student blogger Adhitya Fadriansyah

I’m not a perfect person/
There’s many things I wish I didn’t do/
b
ut I continue learning…”

These lyrics really strike a chord with me and did so especially when I received my June exam results. I passed F8, but failed my first attempt at P1. Soon after, the frustration of failing one exam haunted me. But by thinking about the following sources of motivation in my life, I kept this feeling at bay.

Family

Don’t forget the support your loved ones – parents, spouse, children, siblings or other relatives – give you, the valuable weekend time you spend reading ACCA books and preparing for exams, or perhaps the exam fees paid by your parents. Keep in mind how you will repay your family once you have completed the qualification – not in terms of goods/materials, but in terms of happiness and security.

Career          

For me, pursuing the ACCA Qualification while working proved to be helpful to my career. It provides me with the knowledge to challenge the status quo and seek improvements in my workplace. It is the journey, as well as the ACCA member title, which will help shape your future career. Enjoy the ride to the top, however rough it may be, as it is not – and will never be – an easy ride.

Camaraderie

Reflecting on my past failure, I can see it was mostly due to lack of preparation. Finding a study partner helped me become organised and kept me on track with my study plan. I am lucky to have friends at my office also pursuing the ACCA Qualification that I can study with. Reading and writing in the ACCA student blog also helps me to keep motivated, since I know I am not alone.

Other goals

Other than those mentioned above, there are still lots of reasons for you to complete your ACCA Qualification; the opportunity of having your skills and knowledge recognised globally by employers and excellent financial reward are just a couple of examples of these. It’s up to you to decide what will motivate you the most.

I’ve found a reason for me/
To change who I used to be/
A reason to start over new/
And the reason is …

The Reason – Hoobastank

Have you asked yourself why you decided to pursue the ACCA Qualification? If not, perhaps it’s time for you to fill in the blank above.

Over 162,000 ACCA members have obtained the ACCA Qualification. If they can complete it, what’s stopping us?