ACCA Online Learning

Following these Tips would increase your Chances of Success in ACCA Exams.

Attempt every question
Attempt every part of every question (attempt does not mean finish – even just copying a relevant formula from the formula sheet will get a mark and could make the difference between 49 and 50)
Help the marker – start each new question on a new sheet of paper
Start each part of a question on a new sheet of paper. If you can only write one line for part (a) of a question, leave the rest of the page blank – you might think of something else later to add.

Be neat
Help the marker – be neat! You will get marks for the correct approach even if your calculations are wrong – provided the marker can see what you have done.

Never write nothing!
Always write something for a written part – never write nothing! Anything sensible will almost certainly get you 1 mark, which could be the difference between passing and failing. There is no negative marking, and so even if you are wrong you will not lose marks.

Allocate your time – between questions and parts of questions.
Spending an hour on one part of one question will certainly mean you will fail because you will not have enough time for other questions.
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Here is a killer list of concentration strategies for students.

1. Eat Frequent Small Meals
   Avoid eating a big meal before a study session. Too much food will send your body into a ‘rest’ mode. On the other hand, don’t starve yourself either. Frequent small meals are best.
2. Study When You’re Sharpest
   Study according to your body-clock. Are you sharpest in the morning or at the evening? Schedule your most difficult materials when you are mentally at your best, and schedule the easier ones when you are mentally less efficient.
3. Drink Water Often
   Drink plenty of water during a study session, especially when you feel sluggish. Caffeine may help you to stay awake, but it can increase your anxiety – use it in moderation.
4. Don’t Get Too Comfortable in Your Chair
   Choose a chair that supports your back. It should be comfortable, but not too comfortable. Just like an athlete during a performance, your body should be relaxed, so that all your energy goes to where it matters – your brain.
5. Clear Your Desk of Everything You Don’t Need
   Have everything you need on the desk. Put away what you do not need for the study session. Seeing reminders of other assessments or domestic bills may increase your anxiety and distract you.

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This presentation intends to provide guidance to students on exam techniques relevant to the ACCA Exams.

As you prepare for your exams it is important to have a structured study plan. For every paper that you are taking you should develop a time table clearly allocating time to studying the study text, doing practice questions from different sources including revision kit, checking the questions and analysing the mistakes. You must also take time out for relaxation.

As you prepare for your exams, there are number of resources available to assist you in your exam preparation. These include resources that are available on the ACCA website. These include syllabus, study guides, examinable documents, examiners interviews, examiners approach articles in different issues of Student Accountant, examiners comments in Student Accountant ,articles in Student Accountant, pilot paper and past exam papers. All these resources would facilitate effectual exam preparation. Other resources including study text and revision kits are also useful resources.

Critical to exam success is practice. The more you practice, the more confident you are in the exam hall. Practice makes you perfect. Practicing number crunching questions is essential but equally essential is practice of questions involving analysis of information, scenario based questions or theoretical questions. Practice writing memos and reports.
Critical review of examiners comments would benefit students. Examiners have clearly outlined poor handwriting, irrelevant answer and ineffective question planning as reasons for students not doing well in the exams.
So what kind of exam technique you should try to adopt in the exam hall.

You should aim try to Impress and thus excel that is where:

I stands for Instructions
M stands for Manage Time
P stands for Presentation
R stands for Relevance
E stands for Easy Marks
S stands for Survival
S stands for Success
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According to Dr. Mao you can Boost your brain power simply and naturally. Read on to find out how!

Flex Your Brain Muscle

The best way to keep your brain sharp is to exercise it. A dwindling memory and decreased concentration are generally caused by decreased blood flow to the brain and loss of brain cells.

Research shows that physical exercise may encourage the brain to work at optimum capacity by causing nerve cells to multiply, strengthening their interconnections and protecting them from damage.

Try these actions to sharpen your thinking cap:

• Incorporate mind-stimulating games into your daily life that keep your mind working and stimulated. Listen intently and memorize names, shopping lists, and daily activities. Puzzles and memory games are also helpful.
• Regular cardiovascular exercises, including brisk walking, slow jogging, biking, or swimming, improve circulation to the brain and can help improve memory 20 to 30 percent.
• The sleep factor: A good night’s sleep is crucial for mental energy because our body regenerates during sleep. When you feel tired, take a 15-minute power nap.

ACCA is a professional accountancy qualification which benefits from global recognition.

Once you qualify, ACCA membership opens doors to a successful career in accountancy practice or finance, and increases your earning potential. It is very highly rated in the fields of banking, management and consulting, and is a major advantage in competing for senior roles. ACCA membership also enables you to obtain the status of Registered Auditor.

No matter where in the world you are, studying for the ACCA qualification online allows you the freedom to fit your studies into your lifestyle. The online study platform is comprised of all the tools needed to ensure you remain organized and up to date with your studies, as well as an online forum which allows you to interact with tutors, mentors, advisors and fellow students.

The ACCA will equip students with an in depth knowledge of Accounting Techniques and Principles, Information Technology and Management Skills which enables the student to work in any area of finance and bring many senior management roles within reach.

What is the ACCA Program?
The ACCA professional qualification has become a global benchmark of accounting excellence. Its rigorous exam syllabus ensures technical competence in a range of key commercial subjects. And with increased emphasis on ethical awareness and practical experience, it ensures that successful candidates have the skills toolkit to address modern business needs.

Who are the ACCA?
Established in 1904, the ACCA has students and members in 170 countries, and its popularity is endorsed by more than 260,000 students currently training towards the qualification. The combination of high quality exams and training flexibility are attractive to training managers, and ensure that qualified ACCAs are well equipped to deal with the demands of the financial, corporate and public sector markets.

How are the Exams Structured?
The December 2007 exam sitting will be the first of the new ACCA syllabus and exam structure. There are two exam levels, Fundamentals and Professional, both of which are sub-divided into two modules, which sub-divide further into individual exam papers.

Are There Exam Entry Requirements?
The minimum entry requirements are two A Levels and three GCSEs or equivalent in five separate subjects, including English and Mathematics. The Mature Student Entry Route (MSER) is also available to those who are over 21, but do not meet the above criteria.

For further information on entry requirements, please visit www.accaglobal.com

Are There Practical Experience Requirements?
In addition to successfully completing the examinations, to achieve ACCA membership you will also be required to demonstrate 3 years of practical experience and complete a PER (Practical Experience Requirements) record.

For further details of the practice experience requirements, please visit www.accaglobal.com.

What are the Exam Regulations?

• Assuming no exemptions you must complete 14 papers
• You can take a maximum of four papers at any sitting; there is no minimum
• The ACCA insist that modules are attempted in order, but allow individual papers within a module to be attempted out of sequence
• The ACCA allows 10 years from your registration date to complete the exams

Are There Any Exam Exemptions?
You can be exempted from all nine papers of the Fundamentals Level if you hold a relevant accredited accounting degree. Those holding the CAT qualification can transfer to the skills module of the ACCA by claiming exemption from the first three papers in the Knowledge module.

Please visit www.accaglobal.com for full exemption information.

What is the Exam Format?
Exams are sat twice a year, in June and December. The Knowledge papers are 2 hours in duration whilst all remaining papers are 3 hours plus an additional 15 minutes of reading and planning time. All the papers are paper-based, except for the Knowledge Module which is available as both a paper-based and computer-based examination.

What is the Pass Mark?
The pass mark is set at 50% for every paper.