How To Self-Study For ACCA
ACCA also famously known as the Association of Certified Chartered Accountants is a global chartered accountancy course with 3 levels and 14 papers. The ACCA course qualifies you to practice chartered accountancy in about 180 countries. And even the companies you can expect to get placed in are the Big 4s, JP Morgan Chase, Grant Thornton International, and even innovative startups looking for accounting experts. However, to become an ACCA, your learning journey is not going to be a seamless one. With an average pass rate of 40% to 50%, ACCA requires dedicated study time. If you happen to take up coaching from a platinum-approved learning partner like Zell Education you get to learn from experts with the help of relevant case studies, gamified notes, and mock tests. However, if you plan to study on your own, dedicated study time, practice sessions and networking with ACCA affiliates is what you’ll need.
To know more about how to self-study for ACCA, here’s a detailed guide.
Tips To Self-Study For ACCA
- Bank Up On Good Study Material
If you plan on preparing for your ACCA exams on your own, having study material curated and approved by top ACCAs is quite essential. To ensure you have the right study material with you, you can check out Kaplan Publication ACCA books, BPP Learning Media Publication ACCA books, Get Through Guides for ACCA, etc. These are some of the most trusted study books for ACCA that are preferred by multiple students preparing around the world. To know more about these books, read our blog on Best Books for ACCA – Which Books Should You Refer?
- Make Sure You Study Time Table Is In Place
Whether you are a working professional or a student pursuing ACCA with graduation, ensuring a proper timetable for exam preparation is quite important. You need to make sure that your study timetable is spaced out with reading, practice, and tests. You can also watch helpful videos by experts simplifying certain difficult-to-comprehend topics. However, make sure the sources you choose for ACCA guidance are approved by ACCA Affiliates
- Regular Tests And Practice Sessions Are Essential
When preparing for ACCA examinations, make sure you have a question bank handy. Practice is the only way to know the mistakes you are making and learn from them. While practicing, you can coordinate with a friend who is also pursuing an ACCA degree and help each other with shared knowledge. The best book you can use for your practice sessions is Becker Professional Education Approved Question Bank.
- Make Running Notes and Recaps
Instead of spending hours behind curating elaborate notes, try making one-page summaries or running notes of topics that you think are important or that you might forget easily. These recaps will be handy when revising before your exams and will enable you to go through the important points quickly and efficiently. If you are attending online coaching, try noting down pointers that seem important during the lecture. These pointers will help you revise topics effectively as opposed to just relying on your text and spending hours on one subject.Â
- Network With ACCA Affiliates To Get Some Helpful Tips
While sharing knowledge with ACCA candidates can help motivate you and study in a more systematic way, you still need an expert to guide you in the right direction. That’s why it’s best to join groups or attend events where you can meet and network with ACCA affiliates. Understand their study patterns and follow what worked for them. Filter out these tips and follow the ones that you know will work the best for you.
- Join Study Groups To On The Top Of Your Game
The biggest drawback with self-studying is the lack of motivation. When you are studying alone you might sometimes feel directionless and uncertain about your study material and study patterns. That’s why it’s best to join online ACCA groups where you can virtually ask questions fellow ACCA students questions and get help from them.
What Should Your ACCA Study Plan Include?
A well-structured ACCA exam study plan is crucial to passing the exams. When creating an ACCA exam study plan, it is essential to allocate enough time for each subject, review regularly, and take practice exams. A good study plan should also consider personal commitments, such as work and family responsibilities, and balance them with study time. Additionally, candidates should leverage resources such as study materials and tutor support to supplement their learning. By adhering to a well-crafted ACCA exam study plan, candidates can build their knowledge and confidence, increasing their chances of success in the exams.
ACCA Exam Papers And Format
ACCA exam papers are the key to qualifying as a professional accountant. The ACCA syllabus consists of 13 papers divided into four levels, the first three levels being fundamental and the fourth level being professional. The ACCA total papers comprise nine papers at the professional level, including five essential and four optional papers. Candidates must pass all the required papers to complete the ACCA qualification successfully. To excel in the ACCA total papers, candidates should ensure they have a solid understanding of the fundamentals and practice taking past exam papers. Past ACCA exam papers are a valuable resource for understanding the exam structure and format, as well as identifying areas of strength and weakness. With dedication, practice, and a sound understanding of the syllabus, candidates can confidently approach the ACCA total papers and become Certified Professional Accountant.
Must watch this video for ACCA study tips and strategies :
We hope that with this comprehensive guide on How To Self Study For ACCA, you’ve gotten a fair idea of the helpful guides, tips and tricks that can contribute to your ACCA preparation. However, you can simplify your learning journey further by joining Zell classes for ACCA. Zell offers relevant study material curated by industry experts along with regular mock tests. To know more about our ACCA program, click on the WhatsApp icon at the side of this blog and get in touch with our experts directly.
FAQ
Is it hard to self-study ACCA?
While it is hard to study for ACCA on your own, it is not entirely impossible. You need to have a strict study timetable in place and multiple practice sessions.
How many hours a day should I study for ACCA?
An ACCA pursuant should approximately study for at least three hours a day to prepare for their examinations.
How do I start studying for ACCA?
The best way to begin your studies for ACCA is through learning from a platinum-approved learning partner. However, if you plan on self-studying, start by gathering ACCA-approved learning material and building a study timetable.
