Tuesday, 3 May 2016

Must know tips from the examiners

What better advice can you receive than from the examiners themselves? After all not only do they write the ACCA exam, they also mark it!

I recently attended a conference in London where examiners fed back on the performance of accountancy students. It's a great shame that you were not all in the audience with me as they gave some great advice on how students can perform better in the exams. Despite the fact you weren't there, the good news is that the ACCA Examiners' Reports are issued after every sitting. They contain nuggets of information that are essential reading for students.

It was interesting in the conference that the examiners were disappointed that many students did not take the time to read their ACCA reports - as the same problems were coming up time and time again!

Here are the key points from ACCA F1. ACCA F2 and F3 will follow over the next few days. 

ACCA F1 Exam Tips

Feedback from previous exams:
  • Failure to answer all of the questions
  • Students did not plan their time effectively
  • Evidence of guess work by candidates rather than the use of logic or reasoning
  • Don't guess - think logically whenever possible
  • Don't base your choices on the sequence of previous answers
  • If unsure use a process of elimination technique
  • Manage your time effectively
  • Work through practise questions
  • Ensure you have sufficient knowledge of all syllabus areas
For full analysis of the most recent ACCA Examiner's Report go to the following links:
Remember, keep an eye out for ACCA F2 tips in the next blog post.

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