Firstly, I will keep a question before you. If you ask what people are afraid of? It is public speaking. But, if the same question is passed to the young people in 14-20, it is very obvious to everyone their answer will be the exams. After globalization in the early 1990s, many huge companies around the world started their operations in India. So, there is a surge in the need to audit the financial transactions of these companies. For that, qualified professionals are needed. Here, the help comes from ACCA online courses which provide an ACCA certification.
Hence, ACCA learning study material will be more fruitful for aspiring candidates who are eager to start their careers in the finance sector. In this blog, we are going to see the guide for ACCA learning, ACCA Online Courses, and top tips for Exam success (Examopedia).
Importance of ACCA
Let us see some points that will explain the importance of ACCA.
- You have ACCA, you are free to take your career in any way you want. The doors to the best and most interesting roles all over the world will be opened for you. You will be the most sought finance professional suitable to this fast-changing world and its needs.
- With worldwide esteem for excellence and our attentive qualifications, we are acknowledged and appreciated across the globe. With us, you are a part of a various body comprising 252,500 members and 526,000 students present at 180 countries.
- Employers around the globe seek ACCA-trained professionals – as they know that these professionals will think strategically, equipped with technical skills and professional values to elevate their organizational growth.
- We have a network of recognized learning partners to help you on every step of your journey. It suits your schedule, it may be full-time or part-time, in a classroom or online, and you’ll be able to find quality tuition that suits your needs and lifestyle.
- We revolutionize the change in the sector of accountancy – by suggesting governments, organizations, and regulators and working with our members around the world to push an agenda of fairness and transparency.
Top Ten Tips Useful to ACCA-Exam Preparation.
Let us go to tips useful for your ACCA Learning.
1. Make a revision schedule
A great idea to empower your exam success is allotting time for revision. Above all, a study shows that short study plans with occasional breaks can be more fruitful. Mixing this with the subject areas all over the day gives more diversity. Moreover, set yourself clear daily, weekly and monthly targets – this makes it easier to track your progress in relation to the ACCA Exam date.
2. Study diagrams
Create a diagram about what you are going to learn. Get vibrant and innovative, use study diagrams, Venn diagrams, and topic trees to clearly depict what is to be studied. This helps in visualizing the topics and finding synergies between them.
3. Choose a calm place
Learning needs concentration. To concentrate, the place you are choosing should be calm and lively. So, you will have less distraction. It can be a library or study room. For instance, this is not suitable for all. You can choose as per your thoughts, habits.
4. When and how
Studying involves dedication and concentration. For instance, if you are a college student pursuing a full-time course, you can study as much as you can. But, studying all the time may be frustrating. So, you have to plan accordingly. Suppose, you are working and/or with families, you need to study whenever you get time and it will be more intensive. However, this also needs some structure breaks and time.
5. Past papers – do a lot!
Firstly, for those who aim for ACCA, practicing the past exam questions as much as possible will help a lot. Follow the below steps: Before starting to revise a particular subject thoroughly, take a look at past papers, then thoroughly revise the syllabus for that particular subject and when you’ve done everything, start attempting the papers. Repeat this process.
6. Make summary notes
It is clear that preparing short notes about the theories and information on your own words will do magic. Above all, It is a great way to understand theories and information. Also, you can prepare sticky notes as well.
7. Group study
Creating study groups with students working on the same subjects as you will be greatly helpful. In other words, studying with people who can support you when you’re stuck on a topic. Moreover, this will motivate me and socialize you and gives the chance to take breaks with fellow humans.
8. Rest, eat, exercise
As previously mentioned, taking occasional breaks from your study sessions is important. But, it should continue for a long time. Moreover, proper rest, and organized free time will remove the guilt about recreation activities. So, spend some time eating well nutritioned food and physical exercising like walking, jogging and running. This not only supports your physical health. But, it also supports your cognitive skills, decreases stress and promotes confidence.
9. Reward yourself
Fix a timetable and follow it strictly. If you achieve a target, give yourself a treat. It can be anything like outings, limited entertainment like cinema, limited shopping like this. But, that should be strictly followed only if you achieve your target.
10. Short vs long-term memory
Firstly, you should plan ahead for your examination. Remember, “Haste makes Waste”. That means unplanned activity will not give the desired results. Moreover, huge theorems or concepts can be read at the last minute. Above all, at the last minute, you should focus on past papers along with exam strategies and facts.
Best Resources for ACCA Learning -Examopedia
Background
Examopedia is an educational platform established by Harshit Sharma, a student of Banaras Hindu University in the year of 2022. This provides comprehensive semester exam content for various universities.
Let us see some best ACCA study materials for the ACCA book exam preparation.
1. ACCA Advanced Audit & Assurance Study Text Book
One of the best ACCA study materials is the ACCA Audit and Assurance Study Text which teaches you the process of carrying out an assurance engagement and the unpinning regulatory framework.
2. ACCA Advanced Financial Management Study Text Book
For ACCA learning, the Advanced Financial Management Study Text will be the Best ACCA Study Material that will equip you with the knowledge and abilities you need to make decisions involving an organization’s financial management.
3. ACCA Advanced Performance Management Study Text Book
With one of ACCA Books and the best ACCA study material Advanced Performance Management Study Text will give you the knowledge and abilities required to assess an organization’s operational effectiveness and long-term strategic planning.
Conclusion:
Among the companies and public sector undertakings, there is a huge demand for financial professionals. That too, in this competitive world, mere a degree will not help you to land a job. Certification eases this process. With ACCA online courses, getting an ACCA Certification is easy, and landing a dream job is not a dream anymore. That too with the top tips and ACCA Learning books discussed here, securing a top rank in ACCA is not a big deal. Hence, start your journey towards a prosperous financial career right now.
Recommended Reads:
- How to Ace the 13 Acca Exams
- List of Best 10 ACCA Professional Level Books
- 10 Reasons to Read Income Tax Books
- ACCA Exam Study Materials: The Best Resources for Every Module
- ACCA vs CIMA vs CFA Which is Right For You?
FAQs:
Q1. One of my friends plans to take the ACCA exam. What is the qualification?
Ans: For instance, he should have passed higher secondary or pre-university with 65% in English and Mathematics/Accounts, and 50% in other subjects. He or She should have completed 16 years.
Q2. What is the remuneration given to an ACCA certified professional in India?
Ans: An ACCA certified professional will be given a remuneration of 5.5-11 lakh rupees per year. This is approximate remuneration for a fresher candidate.
Q3. Is there any time limit to complete the ACCA course?
Ans: Yes. In other words, it should be completed within 3 to 4 years. However, you are provided with a time limit of 10 years to complete the ACCA course
Q4. I am planning for ACCA certification. How much will it cost?
Ans: For instance, Every March, June, September, and December the skill and professional level tests are conducted for ACCA certification. In India, the fees for ACCA course fees may be from 20,000 to 2,50,000 rupees.
Q5. Shall I know the total number of papers to clear an ACCA exam?
Ans: Firstly, there are total 13 papers to clear. Starting from Paper F1: Accountant in Business to Paper P4-P7: Advanced papers covering various specialized areas of accounting and finance.