Archives For self-study

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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

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by ACCA student blogger Hafeez Adeboye

In preparing for and taking the ACCA exams, you need a tuition provider that will be a partner or collaborator in the journey to membership. ACCA has done a great deal by approving the best quality ACCA tuition providers either as Platinum or Gold.

However, since I started my journey towards ACCA membership, I have been self-studying. The reason is that many providers offer tuition that is not as high quality as the fees they charge. Secondly, I find that ACCA provides enough study resources to complement my study, at almost no cost. Thirdly, as a part-time student and family man, self-study suits my lifestyle better.

I personally find I am more able to structure my study around work and life activities when I self-study. With discipline and a well-thought out study plan, I find the balance I need to reach forward, upward and onward in my journey to membership, without leaving other life goals to suffer.

I must say, however that self-study comes with its own challenges. Number one is discipline to stick to your studies. You will be thinking to yourself that, since you design the programme, you can decide to not follow through, after all, it’s not anyone else’s business. But it is your business, as this could be the difference between pass and fail. Number two is knowing what study programme works with your abilities, capabilities and activities around your lifestyle.

Finally, my one piece of advice should you choose to self-study is that you will need to turn to the people around you to collaborate, by sharing your study calendar with them using Microsoft Outlook. Then they know when you working, when you are studying and when you expect to have free time.

Hi everyone, my name’s Mike Tye and I’m a 22-year-old ACCA student originally from the UK, but now have the pleasure of writing this from the beaches of Dubai!

I chose to go into accountancy as I have always been much better at handling numbers rather than words. That’s not to say there are no written parts to accountancy, but there’s a great deal more emphasis on your numerical skills. Plus, accounting and finance is applicable to just about any industry you can imagine. Being an international rock star may be pretty cool but at the end of the day if the money’s not there to pay for it, the show won’t go on! This leads me on to why I chose ACCA.

The main thing that appealed to me about ACCA was the international recognition it has. You could go to any major city in the world with this qualification and companies would recognise it. The flexibility of ACCA was another major persuading factor for me; I like to be able to push myself so if I find that I am getting through ACCA exams a little too easily, I know I can try for an extra exam next time. 

One final deciding point that made me commit was the cost, or lack of cost should I say! With university fees only going up and up, I didn’t really want to commit to 3 years’ worth of study and the associated costs when I could be working and gaining practical experience at the same time as studying. Add to this the loss of income for 3 years that being a full- time university student would have attracted and ACCA suddenly becomes even more enticing!

So that’s the end of my first post but thank you for reading and be sure to keep an eye out for my next one!