7 tips to prepare for an ACCA exam
Whether you’re an experienced pro or a newbie at the ACCA exams, it certainly helps to maintain a list of things that most successful ACCA students do in order to ensure a high performance in clearing these exams.
The best way to prepare for any exam is to incorporate a few productive habits. Try out some of these ACCA exam tips, endorsed by some of our top students and with practice these habits will become second nature to you.
Practice makes perfect.
This is probably the most thrown around tip by your teachers and the phrase may still be ringing in your ears. The fact of the matter is, as cliché as it may sound, practice does help you perform better.
Attempt as many past ACCA exam papers and questions as you can. Always test your abilities and application techniques after studying a specific topic and check the marking scheme. Get a strong understanding on the scoring criteria, where you would (or wouldn’t) be awarded marks. This helps you in saving time and ensuring that you stick to the point and complete your paper.
Paper specific technical articles published on the ACCA Global website are a great way to get in-depth ideas on clearing specific topics. Each examiner article covers important points about the paper and give guidelines on how to go about solving particular questions. There are technical techniques, exam tips, problem solving methods and other technical resources that can give you a better understanding of the topic which can aid in your preparation. Each article is written by an examiner which gives a slight insight on what you might expect in your upcoming papers.
ACCA study materials are usually too extensive to memorise. Preparing summary notes helps in the learning process and makes it easier for you to review before the exam. Preparing notes will give you the information you need to know about each topic. You can assign acronyms that will help you remember key elements that need to be covered. Distilling your notes on a topic down to their key concepts will help you recall essential information when you’re sitting in the exam. Mind-mapping is a great way to memorise extensive information and visually structure your ideas to help with analysis and recall.
All examiner reports have vital information on your performance and give you a specific road map on the changes you need to make for each topic. Ensure that you’ve studied the feedback you have previously received and incorporate those recommendations in your study plan. Also consider the examiner feedback when reviewing your answers to sample/past papers.
Time management is key when writing an ACCA exam. When practicing past exam papers set a countdown timer to help you manage your time. Train yourself to give crisp, concise answers to questions and save time where ever possible.
Treat your ACCA prep as a marathon, not a race. Avoid leaving a large amount of material to study towards the end. Start studying well before the exam date and plan your progress as you study. Formulate content into smaller chunks and set study milestones to ease the learning process. Reward yourself for achieving these milestones by taking short breaks to rejuvenate and then go right back to prep.
Get trained from an ACCA Approved Learning Partner (ALP)
You can study on your own using self-study text books and other study material. Although we do recommend taking preparation classes with UKCBC or another ACCA Approved Learning Partner (ALP). The ACCA Qualification is a comprehensive qualification and requires thorough preparation.
UKCBC is an ACCA Silver Learning Partner, we follow a structured approach focused on helping you obtain the best results in an ACCA exam. The training is provided by highly experienced staff boasting a high exam clearance rate; the preparation is structured into tuition and revision phases in addition to 2 mock exams before you sit for the actual exam.
Learn more about our ACCA qualification and ACCA Merit Scholarship Programme which offers the perfect pathway towards a lucrative career in Accounting and Finance.