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ACCA Exam Strategy: How to Approach Each Paper

16 October 2024, 10:56 am IST

ACCA is one of the most prestigious qualifications in the accounting industry. Every year, thousands of students from across the country appear for this cut-throat competitive exam, dreaming of clearing it and making a mark for themselves in the industry. The ACCA qualification is recognized globally which naturally unlocks promising career opportunities around the world. However, before making all this a reality, it’s imperative to take some time out and carefully consider the exact ACCA exam strategy that you’re going to follow. It can be extremely helpful along your preparation journey.

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This blog details how to approach each paper for ACCA to multiply your chances at success:

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How To Approach The ACCA Exam: Key Tips To Follow

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If approached the right way, ACCA examinations can be easily attemptable and you can also increase your chances of successfully clearing them. Here are some helpful tips to remember in the process:

  1. Understand the exam structure well: Before starting to prepare for the exams, make sure that you have a fair understanding of the exam structure and total papers that you need to prepare for. Having a broad overview of the exact structure of the exam, the type of questions asked, and the score that each question carries is a good point to start for a competitive exam like ACCA.
  2. Start early for thorough preparation: It helps to begin your ACCA exam preparations well in advance to stay ahead of yourself and also keep sufficient time for revision as the exam approaches. For this, it’s a helpful exercise to create a detailed timetable plan for every single day until the exam. Define your paper-wise priorities clearly for each day, highlighting the subjects you’d pick up for that day and the portions you intend to cover. Time management is a crucial skill in this process to help achieve your daily goals.
  3. Make sure to attempt lots of mock tests: They are your perfect companion in ACCA exam preparations. Taking a cue from previous years’ exam papers is a good point to start. It helps you get a fair picture of how the paper may look like for the current year and is also a good way to improve your confidence by attempting some of the questions asked in previous years.
  4. Take up an online ACCA course: This can be an excellent supplement to your exam preparation. The best part is that you can take up the course online without affecting your regular preparation schedule. Pursuing a course online equips you with the desired knowledge and helps enhance your learning, preparing you in the right way to attempt the exam without a worry on your mind.
  5. Keep an ideal study-life balance: This cannot be stressed enough, as it’s often the most neglected aspect of ACCA exam preparations. It is fairly easy to lose yourself in the study process, spending days and nights only studying to increase your chances of cracking the exam. However, what you need to remember here is that a tired body or mind is of no use in preparing for the exam. It is therefore important to keep a healthy balance, keeping sufficient time for your body to rest as well as for your mind to rejuvenate.
  6. Read up on online resources: Apart from using only textbooks or physical study material for ACCA, it can be very helpful to make use of online learning resources as well. There are plenty available online and each offers a distinct perspective to the ACCA exam concepts, complementing your preparation process. It is therefore recommended not to stick to only textbooks but also access the wide variety of ACCA-approved online study resources for a more comprehensive learning experience.

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Final Thoughts

ACCA exam preparation takes time, dedication, and support from mentors, teachers, and past alumni to boost your preparation and confidence level at attempting the exam. Additionally, practicing mock papers, eating healthy, getting a good night’s sleep, and keeping sufficient time for revisions before the exam are some of the best practices to follow during the preparation stage.

As stated in this blog, taking up an online ACCA course is one of the best strategies to follow for exam preparations. Several students have achieved success following this helpful tip and you could be the next in line. Amity University Online offers online courses on ACCA, along with complete ACCA course details and other relevant information such as ACCA course fees, exam timelines, results, and more. Visit us today for complete details on the prestigious ACCA qualification and multiply your prospects of clearing the exam and securing a spot for yourself in the relevant industries at top-paying job roles.

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Sourabh

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frequently asked questions


What is the ACCA qualification?

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It is a professional certification in the field of accounting that enables students to find lucrative career opportunities in the finance and accounting domains.


How many papers are there in the ACCA exams?

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A total of 13 ACCA papers need to be studied for ACCA exams.


What is the best strategy for studying for the ACCA exams?

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Start early, keep time for revisions, practice mock tests, eat healthy, and sleep well are some of the best tips for ACCA exam applicants.


How should I approach the Applied Knowledge exams?

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Revise well for this section. Constant revision is the key here. Make sure to keep the last few weeks before the exam dedicated only to revision.


What are some effective strategies for the Applied Skills exams?

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Practicing mock test papers can help improve your chances of clearing the Applied Skills exams in ACCA.


How can I excel in the Strategic Professional exams?

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Creating an effective study schedule, taking guidance and support from mentors or teachers by pursuing an online ACCA course, and practicing mock papers can help.


Are there any specific resources recommended for ACCA exam preparation?

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Yes, the official portal of ACCA Global can help with a lot of study resources. Additionally, you may refer to Amity University Online’s portal for a variety of comprehensive learning resources for ACCA, all within easy access online.