Balancing Act: Tips for Excelling in ACCA's Core Subjects

The fast-changing world needs finance professionals in different industries. Accountants are in high demand worldwide. An ACCA certification can make you explore different industries and job titles in any organisation. You can become a thoroughbred professional with knowledge in various ACCA subjects like management accounting, business law, finance, and tax - to name a few. If you are set to pursue this course, read on for the best tips to win over the hurdles and master the core ACCA subjects. 

 

A Quick Look at ACCA Subjects

It is an uphill task for a candidate to pass three exam levels and acquire an ACCA certification. Please note there is a provision for paper exemptions, depending on a candidate's qualifications. 

The ACCA certification course is divided into three levels:

Applied Knowledge 

Applied Skills 

& Strategic Professionals 

Now, let’s look at the ACCA subjects at each level: 

Applied Knowledge Level:

It has the following subjects that candidates need to prepare for:

Business and Technology 

Management Accounting 

Financial Accounting 

Applied Skills Level:

This level has been designed to incorporate subjects like: 

Corporate and Business Law

Performance Management

Taxation

Financial Reporting 

Audit and Assurance 

Financial Management 

Strategic Professional Level:

This level is inclusive of two modules, the Essential and the Optional. The candidates need to prepare for four subjects, while they are given six options.  

The Essential Module has:

Strategic Business Leader

Strategic Business Reporting

The choices in the Optional Module are: 

Advanced Financial Management 

Advanced Performance Management 

Advanced Taxation 

Advanced Audit and Assurance 

(Please note a candidate has to choose any two subjects from the above-mentioned four subjects of the Optional Module)

 

Study Tips for ACCA Subjects to Help You Crush the Tough Exams

When you have enrolled for an ACCA course, you need to begin things early and on a high note. Stay positive and tell yourself, “You Can!” A well-chalked-out study time, dedication, earnest effort and application of the right techniques and methods can help you grab your dream certification. 

Read on how to deal with the core ACCA subjects and crush the tough exams: 

1.? ?Starting Early is the Key 

Since the ACCA course is vast and the exams are tough to crack, long hours of last-minute preparation won’t help. Be consistent with your effort. You should have a proper study window of two to three months before taking an exam. You can plan things, study, read up, and the knowledge-acquiring process will become smooth. You can explore various study materials of different ACCA subjects and practise what you learn. 

2.? ?Comprehend Things Properly 

It is crucial to understand the several topics and concepts at hand. Merely memorising things alone can leave you blank if you do not know how to apply what you are studying when you take the exam. The ACCA subjects give you a hint that your knowledge and application skills will be tested in the exams. Therefore, connecting concepts and linking theories with the subject matter at hand is essential. 

3.? ?Practice. Practice. Practice. 

It is a common saying that practice makes a man perfect, and is a hardcore truth. When you stop by the voluminous resources offered by a top online coaching centre, dig out the practice papers, the mock tests and the revision kit. Your confidence level shoots up when you keep practising and sit for the mock tests. You become well aware of ACCA course details and the format. You can assess the level of difficulty you will face while taking the exam. 

4.? ?Short Breaks Matter 

If so many levels of the exam and the number of ACCA subjects seem overwhelming, don’t panic. Take one step at a time. Don’t force yourself to study for long hours without a break or snacking. You must study for long hours, but please ensure you take a break every 60 minutes. When you study for long hours, you lose focus, and the brain can’t process things completely. Hydrate yourself, munch on something, go for a short walk in the evening, and you will be able to feel the difference. 

5.? ?Pinpoint Problem Areas and Take Extra Care

It is a common habit of most students. They keep on clinging to the chapters that they become familiar with. It is good that you feel confident about a certain number of topics and subject matter at hand, but you need to focus on the areas you know need more understanding and in-depth studying. So, put in extra effort and time to deal with challenging topics and weak areas. You should redo and revise things you couldn’t solve in the first go. Soon, things will fall into place. 

6.? ?Group Study Sessions are Helpful  

Passive learning is not often the solution when you set out to excel in ACCA exams. When you form a study group, the knowledge-sharing process becomes more enriching. You can share tips and overcome hurdles of understanding a topic with the method suggested by a friend. Your problem-solving and analytical skills go up, and a sense of healthy competition prevails to outdo each other. In short, it is a healthy way of studying different ACCA subjects. 

7.? ?Make Good Use of Time Allocation 

Planning, dividing, and allocating time for approaching ACCA exams is crucial. Plan your time well based on what you are attempting, whether case studies, multiple-choice questions, or other sections. Keep in mind that you need to do justice to what you are attempting. You cannot afford to rush through or devote extra time to one section. 

8.? ?Stay Healthy and Reduce Stress

You cannot afford to lose those sleeping hours. Sleep well! Don’t gorge on junk, no matter how tempted you are. Do yoga or go for a small walk to freshen up your mind and recharge yourself. Hydrate yourself and stay healthy. Your mental well-being and wellness matter to make your study hours for exam preparation fruitful. 

Mastering The Balancing Act for the Working Professionals

Top employers trust an ACCA professional with his abilities, leadership skills, ethics, and integrity. It paves the way for achieving work-life balance.

Flexible working hours are a gift of technology that you should not misuse. 

Time is a valuable resource but a constraint as well. Top companies and giant corporations are paying heed to the rising need for the working professional to manage life, family and work with equal focus. 

How it is Done:

Encouraging more ‘me-time’ and ‘family-time’ with flexible working pattern 

Prioritising mental health

Ensuring self-care gets the much-needed attention 

Promoting well-being for the holistic overall development of an individual 

This way, working professionals can aim for a better work-life blend. 

A Top-Rated Online Coaching Centre is the Key to ACCA Exam Success

No matter how hard you study and how sincere your efforts are, you need a mentor and the right online coaching centre like NorthStar Academy to assist you. Find out why:

The ACCA subjects are designed in such an easy-to-understand way by the educators that you don’t reel under the pressure of the comprehensive ACCA syllabus.

The study materials, voluminous samples, mock tests, and revision kits offered can be accessed anytime from anywhere. 

Only the accredited mentors update and shape the study materials in tune with the fast-changing needs of the curriculum, different formats, and more. You stay updated and on the right track.

No matter how complex a topic is or if you are stuck somewhere, the experts will help you till you get a proper grasp of the subject or solve the problem. 

Conclusion

So, once you have the ACCA minimum qualification and know about ACCA exam eligibility, just go for choosing the best online coaching centre with the nicely curated ACCA course and top mentors on board. NorthStar Academy has a stellar reputation for having a higher ACCA pass rate and has helped students pass the ACCA exams with flying colours.