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A Complete Guide to Ace the ACCA Exams

Congratulations on choosing ACCA course for becoming a professional Chartered Accountant. Being an ACCA student, you need to be very disciplined and hard working in your studies. Preparing for ACCA exams demands different strategies for achieving the path to success. This article will define the essential steps you need to follow for getting high scores in your ACCA exams.

ACCA as a professional accounting qualification is growing fast, giving students across the globe wide career opportunities in the accounting profession. Besides giving the employers assurance that the candidates are highly eligible, ACCA gives you better job prospects and career growth. The Association of Chartered Certified Accountants is a global accounting body which gives you the qualification that endorses you as an accounting professional who is eligible in all aspects of a business.

Pursuing ACCA course will help you gain the designation Chartered Certified Accountant, which is the legal term obtained by the members of ACCA only. Since international auditing and accounting standards are the base of ACCA certification, acquiring this certification is an authentic testimonial that certifies the candidates have the requisite skills and expertise employers look for in the auditing, banking, taxation, consulting and law professionals.

ACCA Completion Criterion

The ACCA syllabus consists of fourteen papers in four levels. Generally, the qualification can be categorized into 2 parts: the 1st part is Fundamentals part with knowledge module and skill module. The second part is the Professionals, which is divided into the essentials module and the options.

Knowledge - 3 papers
Skills – 6 papers
Essentials – 3 papers
Options – 2 papers from 4

To qualify ACCA certification, the candidate has to pass all the 14 papers. Generally, the course can be completed in a period of 2 to 3 years. However, the candidates are given a span of 10 years to complete the given certification. The fundamental level of ACCA course includes 9 papers focusing on accounting and management. The core subjects of this part include business, financial accounting and management accounting apart from corporate and business laws, financial reporting, auditing assurance, performance management, taxation and financial management. The candidate needs to score 50% marks in each part to clear the exams.

In the second part, that is the professional level of ACCA, the candidate needs to appear for five papers out of which 3 papers are essentials and two are options that they can choose. The professional level focuses on business analysis, corporate reporting, ethics and governance risk. The optional papers include advanced financial management, auditing and assurance, advanced taxation, and advanced performance management, from which the candidate needs to choose only two options.

Exam Strategies

Always keep in mind that there are no shortcuts and hard work only pays off in case of a professional course like ACCA. If you earnestly desire the ACCA certification, you need to work hard with full dedication.

Follow the tips given below to achieve the degree sooner than you expect.

  • Proper planning should be given greater importance while you take a career move, especially when you are thinking of studying a professional course like ACCA. Only with the right planning, you can score better marks in the first chance itself. So prior to the exam, the candidate needs to have a plan on how many papers to clear in the single sitting.
  • Know your ACCA syllabus and structure of the course well. Getting familiar with the course structure will help you plan what you need to study and what else topics you need to cover during your revision time as well.
  • Always depend on approved texts and study materials for your ACCA preparation. Since ACCA follows a pre-defined syllabus, you need not search for all the accounting related textbooks and contents online to study for the exam. If you find some materials useful, consult with ACCA experts to make sure that the materials you have chosen are dependable. It is always advisable to focus on authentic ACCA study materials and study from the same.
  • It would be better to study from the examiner's point of view so that you will get an idea of how the examiners approach the exams and what answers they expect for a particular question. Attending mock tests, examiner's interviews and practice questions will help you to resolve this issue.
  • Try to solve practice questions as many as you can and get a clear understanding of where you stand. Working on previous examinations papers will really help to advance in your studies. Bear in mind that the industry is evolving day-by-day; hence the model answers you come upon might have been appropriate at that time, but not necessarily now.
  • Set a daily target for the portions you need to complete. By setting the target, you can understand what all chapters to be covered on-time.
  • Instead of rote learning, try to understand the concepts better and connect it with what you studied in the classroom. Try to understand the logic behind each concept you are supposed to study and this will boost your learning to a great extent.
  • Refer audio and video tutorials to get a clear idea of the concept you failed to digest.
  • Always keep in mind that asking questions is a true indicator of your knowledge thirst. Hence don't hesitate to ask questions and clear your doubts. The more you inquire, the greater you will learn. So make it a habit to reach out to your tutors or experts to clarify your confusions and quench your thirst for knowledge.
  • It would be really helpful if you look into the marking schemes and strategies of the examiners' reports published online so that you can understand which portions you need to give more attention.
  • Above all, proper revision on the topics you studied will be beneficial to recollect what you have learned and what portions you need to restudy.

  • You can find a lot of coaching centres that provide training for ACCA aspirants and help them in preparing for exams. However, choosing the best ACCA training institute in Kerala will be an arduous task. So, while looking for the best ACCA training in Kerala, do proper inquiries and research on the available institutes and testimonials regarding them to make a wise selection. Put your maximum efforts while you prepare for ACCA examination and stay away from the exam fears easily. Believe in yourself and never forget that your hard work and commitment are the special ingredients key to your success. Also, make sure to be healthy and ensure you get proper rest and before the exam time.


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