ACCA Exam Tips March 2024

ACCA Exam Tips
 The secrets of exam success 

Important Topics

ACCA EXAM Tips March 2024 Important Topics

PM EXAM Tips (Performance Management)

  1. Activity-Based Costing
  2. Throughput Accounting
  3. Variance Analysis
  4. Linear Programming
  5. CVP
  6. Pricing
  7. Risk and Uncertainty
  8. Performance Management

TX EXAM Tips (Uk Taxation)

  1. Individual Income Tax along with Partnership
  2. Corporate Tax
  3. Vat
  4. Inheritance Tax
  5. CGT

FR EXAM Tips (Finance Reporting)

  1. Consolidation
  2. Final accounts
  3. Ratio
  4. MCQs can be from anywhere

Questions to practice Final Accounts

  • PRICE WELL
  • XTOL
  • KANDY
  • TRIAGE

Questions to practice Consolidation

  • POLESTAR
  • PENKETH
  • PELISTAR
  • DARGENT
  • LAUREL

Important Questions to practice Ratios & Cash-flow

  • HARDY
  • PINTO
  • BENGAL
  • FUNJECT
  • MOWAIR

AA EXAM Tips (Audit and Assurance)

  1. Ethic
  2. Corporate governance
  3. Reporting
  4. Internal Controls (sales, Payroll, Purchases)
  5. Substantive Procedures (Cash cycle, revenue, and fixed asset)

FM Exam Tips (Financial Management)

  1. Investment appraisal
  2. The weighted average cost of capital
  3. Forex
  4. Sources of Finance
  5. Working Capital

SBL EXAM Tips (Strategic Business Leader)

  1. PESTEL
  2. Porter 5 Forces
  3. Human Resources
  4. Swot Analysis
  5. SFA Model
  6. Value Chain
  7. E . business, E-Marketing
  8. BCG Matrix
  9. Financial Information
  10. Internal Controls
  11. Corporate Governance
  12. Pestel/P5F/ Str Position
  13. Swot/Tows
  14. Corporate Portfolio
  15. Growth Strategies
  16. Culture
  17. E-Business / 61/ 7P
  18. IT Risk / Security / Cloud
  19. Harmon Process Matrix
  20. Context Change
  21. Outsourcing/ shared services
  22. Financial Proj/ Analysis
  23. Stakeholder/ Mendelow
  24. Prof/ Ethical behavior
  25. Agency / Conflict of Interest
  26. NEDs/ Board Comm
  27. Family-owned business
  28. Integrated Rep/ 6 Capita

SBR EXAM Tips (Strategic Business Reporting)

  1. Consolidated cash flow statement
  2. consolidated income statement
  3. IAS 19
  4. IAS 37
  5. IFRS 8
  6. IFRS 10
  7. IFRS 16
  8. IFRS 15
  9. IFRS 13
  10. IAS 38
  11. Financial Instruments

APM EXAM Tips (Advanced Performance Management)

  1. ABC
  2. BCG Matrix
  3. Ash-ridge Model
  4. Performance management
  5. Corporate Failure
  6. HR

AAA EXAM Tips (Advanced Audit and Assurance)

  1. Business Risk and ROMM
  2. Audit Procedure
  3. Ethic and quality control
  4. Sufficiency and Appropriateness of audit evidence or matters
  5. Due Diligence
  6. Forex
  7. Audit  report (Critical appraisal or matters)
  8. Current issue ED ISA540

However ACCA Exam Tips all are just guesses based on research and our Experience, Please do not ignore the other areas as well

See Also:

Preparing for ACCA exams can be daunting, but there are some steps you can take to set yourself up for success. First, make sure you understand the exam structure and regulations. Knowing what to expect on the test day can help reduce any excess anxiety. Next, create a study plan and stick to it. This can include attending classes, studying with a group or on your own, and taking practice exams to gauge your progress. It’s also important to take breaks during your studying, so you don’t burn out.

ACCA exams can be hard to pass, but with proper preparation, you can increase your chances of success. One helpful tip is to create a study schedule and stick to it. This will ensure that you cover all the essential topics and give yourself enough time to review.

It’s also important to practice with past exam questions and review any topics you struggle with before the exam day. Additionally, remember to take breaks and maintain a healthy lifestyle; stress and fatigue can impact your performance on the test. You can pass the ACCA exams and reach your goals with persistence and focus.

ACCA exams contain various question types, including many choices, written responses, and case studies. Each type of question serves a different purpose, ensuring that students are well-prepared for real-world application in the workplace.

Many choice questions test knowledge and understanding of a concept, while written responses assess problem-solving skills and the ability to communicate solutions. Case studies bring the concepts to life,

Requiring students to apply their understanding in a realistic scenario. The exam format also includes exercises, allowing students to demonstrate their practical financial analysis and reporting skills. Overall, ACCA exams provide a comprehensive assessment of a student’s competency in accountancy.

Stay Connected: Facebook

interpolation

ACCA Qualification Structure

ACCA Qualification Structure

what is ACCA Qualification?

Careers after ACCA Qualification- Here is a detailed guideline about ACCA Qualification, Entry Route, Paper Structure, and ACCA course details- Start your journey toward Accountancy Qualification


ACCA Papers List

Applied Knowledge
AB- Accounting in Business
MA- Management Accounting
FA- Financial Accounting
Applied Skills
LW- Corporate And Business Law
PM- Performance Management
TX- Taxation
FR- Financial Reporting
AA- Audit & Assurance
FM- Financial Management
Strategic Professional
Essential Papers
SBL- Strategic Business Leader
SBR- Strategic Business Reporting
Optional Papers- Pass any two
AFM- Advance Financial Management
APM- Advance Performance Management
ATX- Advance Taxation
AAA- Advance Audit & Assurance
Applied Knowledge
AB- Accounting in Business
MA- Management Accounting
FA- Financial Accounting
Applied Skills
LW- Corporate And Business Law
PM- Performance Management
TX- Taxation
FR- Financial Reporting
AA- Audit & Assurance
FM- Financial Management
Strategic Professional
Essential Papers
SBL- Strategic Business Leader
SBR- Strategic Business Reporting
Optional Papers- Pass any two
AFM- Advance Financial Management
APM- Advance Performance Management
ATX- Advance Taxation
AAA- Advance Audit & Assurance

ACCA Qualification Requirements

  • If you have University entrance Level Certification Then you can start ACCA Directly from ”Applied Knowledge”

ACCA Qualification Levels:

Applied Knowledge: Accounting in Business (AB), Management Accounting (MA), Financial Accounting (FA). Applied knowledge has a total of 3 papers.

  • In case you don’t have University entrance Level Certification Then First you need to do Foundations Diploma, this diploma has 7 basic papers, after passing this your First 3 papers of ACCA will be Exempt and you can start ACCA qualification from ACCA’s 4th paper ”F4 Corporate law” directly
  • The next six papers called ”Applied Skills”

Now you have completed 9 papers, and you are eligible for ”Bsc in applied accounting from Oxford Brookes University”

  • Now Next level is Strategic Professional Level papers
  • Essentials Papers
  • Optional (Pick any two out of four)
  • Here your Academic study is Completed and you are an ACCA affiliate, But to become a member you need Experience of 36 Months in the relevant field,
  • Congratulation, Now you are a new member of the Worlds most forward-thinking Professional Accountancy Body

Why choose ACCA Qualification?

Let me give you reasons o choose ACCA Qualification

  • you’ll discover a world of opportunity with 188,000 Members and 480,000 students in 178 countries. you will become part of a global network, you will get a qualification That’s recognized around the world.
  • And you can tailor your studies for local law and tax to suit wherever you want to go
  • Employers Trust ACCA, with 110 years of experience so employers trust ACCA to deliver skilled professionals, which ACCA does to 7400 employers around the world and ACCA has Careers Giving to students and members the career portal and the job board with thousands of vacancies waiting to be filled.
  • Automatic Network: once you become an ACCA member you will get access to thousands of finance professionals in ACCA member’s LinkedIn group, Providing with invaluable connection and potential mentoring opportunities, Or get involved through face to face networking events in your local area of students and members and connect with fellow students through the virtual learning community.
  • ACCA studies are Brilliantly flexible, what to study full time? or fit your studies around work? No problem, study on your own with one of ACCA’s many approved learning partners face to face with tutors or choose a mix of all three or you could use ACCA-x and. study online you can even gain a BSC degree from Oxford Brookes University and a globally recognized MSC degree from the University of London at the same time. ACCA’s specialism options allow you to be an expert in your chosen field
  • Quality Control? check! The material you use and the people who teach you have to meet ACCA’s high stander, and ACCA’s approved learning partners that have been specially selected are regularly assessed.
  • ACCA’s Staff is always available to Support you, ACCA’s website has messes of online material including study guides, past papers, and inspirational articles from top people. Who were once just like you, will also work hard to make exams flexible and convenient. ACCA always thinking ahead and looking for fresh ways to help the student.
  • There’s already twenty-four seven support and tips with the ACCA learning community and if English isn’t your first language BPP university can provide you with tailored English language support

This is the opportunity to get the right skills and knowledge to build your career as a Finance Professional

Accountant Salary: according to a survey an ACCA member earns 28000+ British pounds annually.

ACCA Member acca qualification

ACCA Qualification Cost

The total cost of ACCA Qualification according to my estimate can be around 3000 Pounds in total in a normal situation. The cost of ACCA Qualification can vary from situation to situation, person to person, and country to country. Every time you need to check the latest ACCA Exam Dates you can click here.


ACCA Qualification Salary:

jobs with ACCA Qualification
benefits of ACCA Qualification


ACCA Qualification equivalent


ACCA provides 4 attempts in a year, a total of 8 attempts in 2 years, and a total paper of ACCA 13, So this is very much possible to pass ACCA within two years.

No, it’s not, ACCA is a global body of professional accountants providing certification at a reasonable cost, ACCA will pay you in practical life after certification.

ACCA can be completed within 2 years.

You can pay ACCA’s fees with your Credit card or Debit card.

Honestly no, you need an ACCA-approved tuition provider.

To become a certified ACCA member, individuals must pass 13 exams and fulfill a minimum three-year relevant work experience requirement. ACCA also offers to continue professional development courses to help members stay current in their field. ACCA membership has multiple benefits, including access to networking events and job opportunities with top accounting firms.


If you still have any queries you can Contact US, we will be happy to assist you.

Read more: ACCA Official website

Facebook

ACCA Remote Exam are introduced With Remote Invigilation

acca remote exam remote invigilation

ACCA Remote Exam Taking with Remote Invigilation, After Covid 19

ACCA introducing new flexibility for ACCA students around the world to take their exams from home or in any other location in circumstances where center-based exam sittings are Canceled

In June 2020 ACCA canceled their exams due to Covid19 for the safety of everyone. And announced that September 2020 ACCA Remote Exams will be conducted, but as we know the Corona still is out of control, And really have no idea how long this can be,

And students are worried about their careers and wasting their time,

ACCA Remote Exam with Remote Invigilation

The good news is ACCA announced that ACCA will take the exam from home through ACCA remote invigilation, and can save your whole academic year

Happy???? Yes its true from September 2020 attempt ACCA students can attempt their exam papers from home, but definitely, ACCA Remote Exam will be monitored through the latest technology, high security, screening, artificial intelligence, and other secure ways

So with this students can continue their studies during the Covid19 phase. this will help to face frustration the pandemic situations during studies

ACCA also announces that they are trying to enable remote invigilation by June 2020 for foundation & Applied Knowledge exams, and from September till Applied Skills papers,
As for Strategic Professional papers not yet decided anything, hopefully, Strategic Professional Papers will be available soon through ACCA remote exam

ACCA Remote Exam with Remote Invigilation

Remote Invigilation: In this process, you will attempt to paper from a room in your home alone & a live invigilator will be monitoring you online, Invigilator will ensure that you are alone in the room, will monitor your computer’s screen with artificial intelligence that you are not opening any other window during the paper, or you are not using anything other than paper’s window

During the paper time, your invigilator can ask you to talk with him, By this, he will try to determine the circumstance, He can ask you any time to rotate the camera in the room to see if there is any other person has in the room

Computer Hardware Requirements

To attempt ACCA remote exam you need the following hardware’s for a successful paper

  • Ram Minimum 4 GB
  • Minimum Window 7
  • If using Mac then Mac OS Minimum 10
  • Internet Connection Minimum 10

If you don’t have the above hardware then there will be a lot of technical issues will happen, ACCA will be face issues to monitor you reasonably

During the paper you can not take a break, you can’t go to the washroom, if your internet got disconnected then he will call you on your mobile to ask the problem, and will try to solve if your problem is genuine then he will try to reconnect you to your paper

However the exam fee will be the same as per normal routine, there is no change, But keep in mind this will be cost very high to ACCA, as this is a very tough process and need much more resources to conduct papers online

You can read more from ACCA’s official website: Click here, For ACCA Exam Tips


FAQ’s

What are ACCA remote exams?

in remote exams of ACCA, you can attempt paper online from home, and an online invigilator will monitor your activities

ACCA Exam Dates

acca exam dates timetable

ACCA Exam Dates and March 2024

ACCA Exam dates for March 2024, June 2024, And September 2024 ACCA Exams Deadline

acca exam dates

Exam start times

Details of local start times can be found on the Exam Planner and will be stated on exam dockets. acca exam timetable is available to book your exam timely


March 2024

ACCA Exams Date for 5 – 9 March 2024

Monday 5 December 2022 Tuesday 6 December 2022Wednesday 7 December 2022Thursday 8 December 2022Friday 9 December 2022
Audit and Assurance (AA) Taxation (TX)Performance Management (PM)Financial Reporting (FR)Financial Management (FM)
Advanced Audit and Assurance (AAA) Advanced Taxation (ATX)Advanced Performance Management (APM)Strategic Business Reporting (SBR)Advanced Financial Management (AFM)
Strategic Business Leader (SBL)Technical
Role
Simulation
(TRS)
Corporate
and
Business
Law (LW)
ACCA Exam dates for December 2022
Early exam entry deadline date – 9 August 2022
Stander exam entry deadline- 31 October 2022
Late exam entry deadline – 7 November 2022
December 2022 Exam Result will be released on 16 Jan 2023

June 2024

ACCA Exams Date for 6 – 10 June 2024

Monday 6 March 2023Tuesday 7 March 2023Wednesday 8 March 2023Thursday 9 March 2023Friday 10 March 2023
Audit and
Assurance
(AA)
Taxation (TX)Performance Management (PM)Financial
Reporting
(FR)
Financial
Management (FM)
Advanced
Audit and
Assurance (AAA)
Advanced
Taxation
(ATX)
Advanced
Performance Management (APM)
Strategic
Business
Reporting
(SBR)
Advanced
Financial
Management (AFM)
Strategic
Business
Leader
(SBL)
Advance Taxation (ATX) MYSCorporate
and
Business
Law (LW)
ACCA Exam dates for March 2023
Early exam entry deadline date - 10 Aug 2022
Stander exam entry deadline- 31 Jan 2023
Late exam entry deadline - 2 February 2023
March Result Release Date: 18 April 2023


September 2024

ACCA Exams Date for 5 – 9 September 2024

Monday 5 June 2023Tuesday 6 June 2023Wednesday 7 June 2023Thursday 8 June 2023Friday 9 June 2023
Audit and Assurance (AA)Taxation (TX)Performance Management (PM)Financial Reporting (FR)Financial Management (FM)
Advanced Audit and Assurance (AAA)Advanced Taxation (ATX)Advanced Performance Management (APM)Strategic Business Reporting (SBR)Advanced Financial Management (AFM)
Strategic Business Leader (SBL)Technical Role Simulation (TRS)Corporate and Business Law (LW)
ACCA Exam dates for June 2023
Early exam entry deadline date - 8 February 2023
Stander exam entry deadline- 2 May 2023
Late exam entry deadline - 9 May 2023
June 2022 Exam Result will be released on 18 July 2023



Yes, you can change or cancel the exam entry before the stander entry date.

ACCA exams are held 4 times a year, In March-June-September and December

Exam time will be available on your docket, issued by ACCA. ACCA also states that candidates should arrive at the exam venue at least 30 minutes before the exam starts to complete registration procedures and be seated by the official start time. As always, it’s better to err on the side of caution and arrive even earlier to avoid any last-minute hiccups. Good luck!

ACCA exams are one of the essential steps in becoming a certified accountant, so, understandably, you may feel nervous about your upcoming exams. Fortunately, ACCA offers the option to postpone or defer your exam bookings to a later date. This can only be done with valid reasons and within ACCA’s set deadlines. For example, if you have a medical emergency or need extra time to study, ACCA allows you to reschedule your exam date.

However, it is essential to note that ACCA will not refund any fees associated with the postponed exam, and additional fees may be incurred for the rescheduling. So before making any significant changes to your exam schedule, carefully review ACCA regulations and weigh the potential cost and benefits. This way, you can focus on preparing for success on your ACCA exams without added stress or financial burden.

Also Visit:

Facebook

Six exam apps that will help you study smarter (not harder)

exam apps for students acca

Exam Apps that will help you get organized and focused on the study from Quiz let give you a more interactive way of learning.

Make each day a little better than before

Here are 6 exam apps that will help you to study smartly in your student life.

1. Google Translate [Free; IOS, Android]
With over 90 languages and more than 200 million people using the Google Translate app, there’s no reason not to be understood in this era, no matter where you are or who you’re trying to communicate with an Arabic speaking person in the United States of America OR English speaking person in the United Kingdom. Quite simply with Google Translate app is essential if you’re studying a new language, or you’re a language student. It might also help you feel more comfortable in new countries and situations.

2. Exam Countdown [Free; IOS, Android]
If you need even more help organizing your exam dates and timetables to keep yourself motivated, the Exam Countdown app is for you. It will help you to stay on track and keeps the study focus up on a daily countdown to all your exams.

You can color-code all your upcoming exams, and events and add symbols, such as an abacus for maths or a paper for English. You can also share on social media where about you are in your countdown,

which means you can help classmates stay on track too.

3. My Study Life [Free; IOS, Android, Chrome, Windows,]
My Study Life help students organize their notes, with scheduling and class timetabling that can sync with your mobile calendar. The reminders notify you of incomplete tasks and upcoming classes and exams timetable.

It provides a task manager that helps students to sort out a simple to-do list, with functionality specific to student lifestyles. It also syncs across all devices with the same login id, saves everything to the cloud, and is available offline when the internet is not available.

So you can work on a paper offline, then will save it to the cloud and have it linked to a task and schedule.

4. Quizlet Exam Apps [Free, IOS, Android]
Quizlet is popular with teachers and students. The app allows you to create your own study materials according to your own choice across a wide range of subjects or use a broad library of materials created by other Quizlet users.

Teachers use it to set their student’s challenges and tests by creating specific materials and then sharing it on social media online, in or out of the class.

Quizlet is a fun way to learn, as it uses audio and videos,

So you can make your own vital flashcards and play learning games, especially useful for learning languages.

5. Pocket [Free IOS, Android, Chrome]
Spending as much time as we do on our phones and computers, surfing web pages with so much content available, it’s hard to read everything we come across, which can be a humiliation for us when it could be something useful for your studies. If only there was a way to save things for later without getting them lost. Say hello to the Pocket app.

It allows you to save articles, topics, videos, and other web content in a vibrant and easy way-to-read experience on your mobile phone, computer, or tablet.

It has powerful search and tagging tools, which means you can organize web pages by subject or topic. It also works really well with apps like Facebook, Twitter, Flipboard, and Evernote, among others.

6. ACCA Student Planner: We think the ACCA student planner app is rather impressive. Designed for ACCA students and those interested in doing ACCA qualifications, it provides advice on how to get started and pass ACCA exams, with a global map showing the locations of all Approved Learning Providers.

while an interactive tool works out when you might become an ACCA member, helping you stay on track in your journey.

You can also find all the contact details for ACCA Head Quarter and your local office in your areas.

You can visit the app stores (IOS & Android) and download these exam apps for free.

Read More: ACCA Qualification Structure

Find Us on Facebook

error: