Top 5 ACCA Revision Tips For Students Studying ACCA in Nepal
ACCA is a leading globally recognized certification that allows you to work as a professional accountant and is valid in 181-plus countries, including Canada, Australia, and the United States. Pursuing this prestigious qualification can be challenging, so it's advisable to integrate several ACCA revision tips for students studying in Nepal.
After graduating from ACCA, your career options are not limited. Many higher-qualified ACCA pass-outs opt for banking, and audits and embark on their long-term journey at a multinational corporation or company that handles overseas or local clients. Their responsibilities involve investigating financial anomalies, auditing financial records, forecasting finances, and more.
The ACCA exam is considered to be tough as compared to other qualifications. But, you can pass it with a good percentage when you are well-prepared. The question arises of what tips to follow. In this blog, we are taking a closer look at key ACCA revision tips to provide you with a profound understanding of each.
From practicing past questions to effective time management and studying in a group, joining ACCA revision classes, these guidelines are important for those appearing for ACCA exams. Now, we delve deeper into the tips so that you can upscale your study strategy.
The next guideline is to pay attention to the weightage of each topic and outline your study effort based on that. These can avoid the chance of affecting your study strategy. Many found the understanding of structured exam preparation quite beneficial. The following are brief insights on why targeting the syllabus is useful.
ACCA exams are easier if you prioritize planning, perseverance, and preparation beforehand. Here we provide you with brief details on why you must practice past papers of ACCA before you attempt a paper.
5 Must-Know ACCA Revision Tips for Students
From practicing past questions to effective time management and studying in a group, joining ACCA revision classes, these guidelines are important for those appearing for ACCA exams. Now, we delve deeper into the tips so that you can upscale your study strategy.
Tip 1: Develop a structured study plan
The first step on our comprehensive list is to design an ideal schedule for a study plan. But how can you do this? Explore in a more informed way with key points as follows:- Have short breaks: Take purposeful breaks ranging from 5-60 minutes from your studies to rest and refresh your mind, which increases your productivity and energy and helps your ability to focus.
- Seek Work and Study Balance: Communicate openly with your employer about academic achievements and responsibilities. Seek a collaborative approach where they help you with a flexible work environment or grant you study leave, resulting in success in all fields, whether it is work, deadlines, or exam preparation.
- Define Realistic Goal: Set a specific goal to cover specific topics by the end of the week or practice a set of exam-style questions. It is good to design an achievable daily or weekly study schedule, which includes reading, taking notes, and attempting ACCA past papers.
- Arrange Time: Utilizing scheduling tools and a study planner gives you a major edge in the allocation of proper time. Be dedicated and consistent with the structured plan and divide equal time for all topics.
Tip 2: Focus on the syllabus and exam structure
The next guideline is to pay attention to the weightage of each topic and outline your study effort based on that. These can avoid the chance of affecting your study strategy. Many found the understanding of structured exam preparation quite beneficial. The following are brief insights on why targeting the syllabus is useful.
- Allocate Time Based on Difficulty: Familiarize yourself with factors including several papers, and types of exams. Avoid spending much of your time on challenging questions, and give equal time for all types of questions.
- Improve Presentation Skills: The marking scheme at the Strategic Professional level is associated with the presentation and in the ways how you demonstrate your professional skill. Present your answers accurately and score better.
- Refrain Blank Answers: One of the paths to getting a score in the ACCA exam is to attempt all the available questions. Write down whatever you can, even by guessing, as the ACCA gives you a partial score for non-vacant answers.
- Practice Mock Tests and Regularly Update: It is ideal to practice MCQs and past papers and take mock tests weeks before the exam actually starts. Stay updated with changes in the syllabus and constantly check the official website of ACCA.
Tip 3: Practice with Past Papers of ACCA Exams
ACCA exams are easier if you prioritize planning, perseverance, and preparation beforehand. Here we provide you with brief details on why you must practice past papers of ACCA before you attempt a paper.
- Begin Study Earlier And High Scoring Topics: It is essential to start your studies earlier utilizing past papers so you allocate time for thorough regular practice and ACCA revision. Provide priority to higher-scoring topics and focus on ACCA revision course and exam format.
- Prioritize Past Papers: Be ready for your exam by taking advantage of ACCA past papers, ACCA study guides, MCQs, required type questions, and practical tests. Consider taking mock tests to stimulate the exam environment from closer proximity, resulting in improved time management and greater motivation.
- Knowledge of Expectation of Examiner: Understand what the examiner expects your answers to be. Review the ACCA reports and past papers to understand how to structure them properly in a way that aligns with the examiner’s needs.
Tip 4: Join Study Groups or Revision Classes
By now, you must understand the necessity to attempt past papers. Aligned with that it's suggested that you join local forums, revision classes, or online groups to meet your ACCA exam preparation needs. Here, we narrowed down the objectives to be a part of the study groups.- Understand Difficult Concepts: Studying in a group with fellow candidates improves your knowledge of complex concepts and shares study strategies. The study materials and guidance from alumni give you insights into exam formats and ways to structure your answer to meet examiner expectations.
- Keeps You Motivated: The collaborative environment, particularly in group studies, keeps you dedicated to attaining the same goal. One main highlight of participating in these study groups is it helps students be informed and are held accountable for their preparation progress.
- Comprehensive Guidance from Professionals: The experienced tutors and mentors from institutions in revision classes can provide you with different perspectives and insights. These ACCA revision classes give an opportunity to clear all your doubts and gain an in-depth understanding of each topic.
Tip 5: Leverage ACCA Resources
ACCA is considered a treasure of resources which includes examinable documents, technical articles, and conclusions to support the candidate in their overall exam preparation. The use of comprehensive ACCA resources is all worth it, and here is why.- Online Learning Platforms: The resources range from ACCA-x to Student Accountant Management, and the ACCA Learning Community is typically the best online learning platform. Improve your understanding of the key concept and assess your readiness.
- Attempt Online Mock Test: The mock test acquired from online resources stimulates the exam environment. This provides you with an opportunity to improve your time management skills and build confidence.
- ACCA Magazines: The different accessible online ACCA magazine is an incredible source for finance and accounting. They typically offer you insights into technical articles, information on the syllabus or topic updates, and details of the exam structure, which are essential throughout your journey.