How to Prepare For ACCA Exams the Right Way

The ACCA Qualification is the industry’s top accounting certification for ambitious financial professionals. It equips students with the abilities, technical expertise, and morals necessary to succeed professionally and guide the organizations they work with into the future. For some it may be easy. Other may turn to and ask for help.

Getting your ACCA certification may seem like a daunting task but it should not intimidate you. If you are wondering how to prepare for ACCA exams you need to cover a few basics. As long as you remain focused on the goal and the preparation steps, there is no reason why you should not pass the exam.

1. Individual study

When you first start preparing you should first go through some study material individually. If you had economic studies in the past, it would not hurt to get back to the study books and refresh your knowledge about the basics. The ACCA relies on the fundamentals that are being taught in schools.

2. Preparatory courses

If you managed to refresh your knowledge and have a good grasp of the fundamentals of finance and accounting, you could enroll in a preparatory course. Some may say that it is not necessary, or this is not the required ACCA exams preparation but preparatory courses can make a considerable difference. They go through the study material and have exams to check your knowledge every step of the way. At the same time, they have mock exams which can help you get a better understanding of what to expect. Most of these courses are being done with approved learning partners that are certified and well prepared.

3. Schedule your exams responsibly

A common mistake is to schedule the exams immediately after the preparatory course. You should give it a week or some at minimum to offer yourself some breathing room and time to study individually. Even if you went through a preparatory course for your ACCA exams, you should also keep on studying on your own. There is a high volume of knowledge covered by the courses and you may not have enough time to process and retain all the information properly.

4. Become familiar with the exam format

Exams for the ACCA are computer-based and offered throughout the year. Be sure you comprehend the exam’s structure and the kinds of questions you will encounter before you start your study.

5. Use study materials

Some examples of ACCA study materials are:

  • ACCA textbooks
  • Online courses
  • Practice tests
  • Revision notes

6. Practice with mock exams

It should not be that difficult to find examples of mock exams. An effective way on how to prepare for ACCA exams is to test your knowledge. Mock exams are a perfect way to do so. Take several such practice exams as they will help you understand your weaknesses and if you should invest more study time. Nobody passes these exams with 100% on their first try. They can be very challenging and the purpose of mock exams is to help you discover your weak areas.

7. Seek support

Joining a study group may be beneficial for tackling challenging subjects and gaining new insight into the subject matter. Study groups can be found online or through your neighborhood ACCA branch.

Moreover, you could think about hiring a tutor to assist you with your studies if you need more support or direction.

8. A rested mind is an efficient mind

This is probably one of the most important tips one could give. Being rested boosts your capacity to learn and solve problems. You should never push yourself for another couple of hours extra to study. You need to manage your own free time so that you get enough sleep and have some time to study. Never push yourself to the limits by studying like a madman the night before the exam. If you want to know how to prepare for ACCA exams, you need to start with a proper schedule that includes rest. As long as you stick with it and do not get distracted, you will succeed with barely any effort.

9. Take care of yourself

Do not forget to take care of yourself, too. Ensure that you get adequate rest, eat healthfully, and exercise frequently. You may use this to keep yourself awake and concentrated as you study.