Find out what you need to do to pass the F3 exam

In recent ACCA F3 reports, examiners have encouraged students to focus on improving their time management skills. It is vital that students attempt all questions in the exam to ensure they maximise their chances of passing. Don't let poor time management be the reason for failing your ACCA F3 exam!

2 basic areas ACCA F2 students are neglecting!

Don't forget the basics!
 
Rather like an electrician needs to know how to change a light bulb, it is essential for an accountant to know their numbers.
 
ACCA examiners are continuously surprised at the number of basic mistakes made by candidates in two key areas. Firstly, an inability to do calculations correctly. Secondly, a poor understanding of commonly used accounting ratios.

These are fundamental requirements for all ACCA students. As you work hard at learning complex subjects across the ACCA syllabus, remember not to neglect the basics!

Let's look at these in a bit more detail...

The No.1 reason that can lead to failure in the ACCA F1 exam

Examiners commented in recent ACCA reports that a number of students appeared to be guessing answers. It is strongly recommended that this is avoided, as a process of logic and reasoning can often guide you to the answer even if it’s not immediately apparent. 

However, be aware of ‘distractors’ in ACCA Objective Test/Multiple Choice exams! These are answers that are incorrect but can often fool students as they are in some way related to the question.

Here are what the examiners had to say on this issue and some key advice on how to avoid guessing:

Don't let stress be the reason for failing your ACCA exams!

Stress can be your biggest enemy when it comes to your ACCA exams! In my fifteen years of teaching, I've seen excellent students fail their exams due to an inability to manage their stress levels! This is such a shame as they often work long and had to achieve success. 

Remember, everyone gets nervous in the build up to important events. Whether it's starting a new job, attending an interview or making a wedding speech, it's perfectly natural to feel butterflies in your stomach before the big day.

Sportsmen often say that a little stress is a good thing as it actually improves their performance. Similarly many famous actors suffer from stage fright just before giving outstanding performances on the stage.

Like these successful people, the secret is it to control the stress not let the stress control you!

So, let's think about stress in terms of your ACCA exams. Take a look at these 5 great tips that could be key the to passing: