Feeling anxious as your ACCA exams are around the corner? Don’t stress! With a proper approach and a good study plan, you can convert that anxiety into excellence. Wondering how? Let’s learn from the experts on how one can make the most of their time available for studying, ace the exams, and confidently march into their future as a certified accountant.
ACCA full form is (Association of Chartered Certified Accountants) and its a globally recognized accounting qualification that opens up a world of opportunities in the field of accounting and finance. With the increasing demand for skilled professionals in the industry, more and more students are opting for ACCA qualifications to enhance their career prospects. In this blog we will explore 8-step eLearning methodology for success in ACCA exam. However, the road to becoming a qualified ACCA professional is not easy. It requires dedicated effort, hard work, and a strong study plan. This is where eLearning for ACCA exams comes into play. With the advancements in technology, online learning has become an effective tool for students to prepare for the ACCA exams.
What is the ACCA Exam?
The ACCA examination is intense and intended to put your knowledge and skills in accounting and finance to the test. It is a key step toward receiving a qualification with global recognition, thereby opening numerous opportunities for career building. These exams span three levels and different subjects with the view of ensuring that candidates get comprehensive theoretical and practical exposure to the profession.
What is the Most Effective Method of Preparing for the ACCA exam?
The best way to prepare is to familiarize yourself with ACCA exam pattern, number of exams you need to take, and all the ACCA course subjects that you need to study, and make a plan considering everything you know. Here are some of the tips to help you prepare well:
Start Early: Forfeit yourself against last-minute cramming by starting your preparations early enough to give yourself ample time to study and digest everything.
Make a Study Plan: Set achievable goals, and apportion specific times on each topic in such a manner that all the syllabus would be done.
Use Quality Study Materials: Purchase reliable textbooks, online resources, and practice exams to understand what the content looks and feels like.
Attend Revision Courses: Attend the revision courses so that you can prepare in a focused manner with expert guidance. This will help you understand crucial topics clearing any doubts you have about the subject.Â
Practice regularly: Solve past papers and practice questions to get used to the style of the exam paper. This will help to get a feel of the examination paper and develop problem-solving skills while adhering to the time limit.
Expert Tips For Passing ACCA Exams
1. Understand the Structure of the Exam: Understanding ACCA exam pattern is extremely essential for appropriately tailoring your preparation. Each ACCA paper has its own particular format, being in a position to familiarize yourself with these formats, reviewing the syllabus, and studying the marking schemes allows you to focus on the more relevant areas.
2. Focus on Key Areas: Learn about all the ACCA subjects and concentrate your studies on areas that bear more weightage in exams or those topics that are repeatedly asked. Go through past papers and reports by examiners to determine these important areas. Concentration more on these will boost your study efficiency and increase your chances of scoring well.
3. Time Management: There are two aspects of efficient time management: first, when you are preparing for the examination, and second, during the examination. Draw up a timetable for studying and allocate the time you will take to study each topic. During the examination, distribute your time appropriately between questions so you don’t end up spending too much time on one question and miss completing your paper.Â
4. Be Calm and Confident: A positive state of mind will also add much to your performance. Be composed and don’t get stressed, reminding yourself you are well prepared. Confidence facilitated by adequate preparation will make a big difference to success in the examination.
5. Seek Help When Needed: You need not feel embarrassed if one or two topics appear tricky to you. Seek the help of tutors, attend study groups, or use online forums to clarify things. This will keep your preparation right on track and any confusion will be cleared well in advance, so you can focus more clearly on the concepts.Â
Zell’s Methodology Key FeaturesÂ
Zell Education, a leading online learning platform, has developed a 7-Step eLearning Methodology for Success in ACCA Exams. Let’s take a look at each step:
Step 1: Initial Assessment
Initial assessment for pursuing the Association of Chartered Certified Accountants (ACCA) qualification involves thorough research about the structure, acca course eligibility criteria, and career prospects. Prospective candidates need to ensure they meet the educational and work experience requirements set by ACCA. Additionally, finding the right coaching institute or study materials is essential for effective exam preparation. Candidates must also decide on the exam session they wish to attempt based on their readiness and personal commitments. This initial assessment phase is crucial for candidates to make informed decisions and lay a solid foundation for their ACCA journey.
Step 2: Tailored Study Plan
Make sure your study goals are specific, measurable, achievable, relevant, and time-bound (SMART). For instance, instead of setting a goal to study for 5 hours every day, set a goal to complete a specific chapter or topic within a given time frame. Break down your goals: Break down your study goals into smaller, manageable tasks which will help you track your progress and stay motivated. For example, if your goal is to complete a specific paper in 2 months, break it down into weekly targets and plan your study schedule accordingly.
Step 3: Interactive Learning Modules
One of the major advantages of eLearning for ACCA exams is the availability of real-time doubt-solving in interactive online classes. Unlike traditional classroom settings, eLearning platforms like Zell Education offer students the opportunity to ask questions and get their doubts cleared instantly. In interactive online classes, students can interact with the instructor and other students in real-time. They can ask questions, clarify their doubts, and participate in discussions. The instructor can also provide personalized feedback and guidance to help students improve their understanding of the concepts.
Real-time doubt-solving is particularly important for ACCA exam candidates as it helps them clarify their understanding of complex accounting concepts. By getting their doubts cleared in real time, students can avoid confusion and build a strong foundation of knowledge.
Step 4: Creating a Study Plan
Practice and application are essential components of effective learning and skill development, particularly in disciplines like finance and accounting. In contexts such as pursuing professional qualifications like the ACCA, practice and application play a crucial role in reinforcing theoretical knowledge, honing practical skills, and preparing for exams.
Practice involves actively engaging with course materials, solving problems, completing exercises, and simulating real-world scenarios. This hands-on approach allows learners to solidify their understanding of concepts, identify areas of weakness, and build confidence in applying their knowledge in different contexts. For example, ACCA candidates may practice solving accounting problems, preparing financial statements, or analyzing case studies to enhance their technical proficiency and problem-solving abilities.
Step 5: Regular Progress Tracking
Tracking your progress is important to evaluate your performance and identify areas for improvement. Zell Education provides students with regular assessments, progress reports, and personalized feedback to help them stay on track.
Watch this video for Right ACCA Study Material :
Step 6: Peer Collaboration and Support
Collaborating with a supportive community is an essential part of eLearning for ACCA course. Zell Education provides students with access to an online community where they can interact with other ACCA exam candidates, share their experiences, and get their queries answered.
Step 7: Continuous Improvement
In education, continuous improvement involves regularly assessing and evaluating teaching methods, curriculum design, and student learning outcomes to identify areas for enhancement. Educators strive to adapt instructional strategies, integrate new technologies, and incorporate feedback from students and stakeholders to optimize the learning experience and promote academic success.
Step 8: Mock Exam Final Preparation
In the final preparation phase, scheduling mock exams is crucial to simulate real exam conditions, using official practice materials to assess readiness accurately. Creating a conducive environment, reviewing performance meticulously, and focusing on weak areas identified during mock exams are essential steps. Practicing time management, refining exam strategies, and maintaining confidence throughout the process ensure effective preparation for success on exam day.
ACCA with Zell Education
At Zell Education, we will be helping you with comprehensive assistance for ACCA certification, using the expertise of our in-house professors combined with quality resources. All our courses are well-designed to give you ample revision sessions and mock tests so that you do well in exams and meet your goals of being an ACCA-certified professional
Conclusion
The preparation of 13 ACCA exam papers might be a tough journey, but indeed it is an exciting one. Learn the format of the exams to which you will be subjected, focus on the key areas, use your time judiciously, remain cool, and ask for help whenever you may require it. Remember, practice consistently, and start early. If you adopt the right approach with the best resources at your fingertips, for example, from Zell Education. you will go into your ACCA exam papers with confidence and set yourself up for success.
FAQ’s on ACCA Exam Tips
How many exams are in ACCA?
The ACCA qualification has 13 exams divided into three levels which include Applied Knowledge, Applied Skills, and Strategic Professional.
Can I pass ACCA on the first attempt?
Yes, ACCA exams can be cleared on the first attempt. It takes good and proper preparation from your side, clarity about the structure, and what type of questions are expected to come in the exam, and most importantly, effective study techniques.
What is the ACCA exam passing mark?
The passing mark for various ACCA exams is 50%. To be on the safe side, one has to score a minimum of 50% on each paper to pass. This benchmark ensures that you are substantially well-versed with the material.
Is ACCA hard?
The difficulties associated with the ACCA exams would vary from one student to another considering their different backgrounds and ways of preparing themselves for the examinations. So, as challenging as the exams may be, an effective understanding of accountancy concepts, studying hard, and employing preparation methodologies can enable any individual to pass the ACCA exams.
