The authoritative body that deals with accountant professionals globally is known as the Association of Chartered Certified Accountants, abbreviated as ACCA. It includes more than 4,86,000 students and 2,00,000 members across a large number of countries.
If you get an ACCA certification, you can choose various professional opportunities in your career including financial consultant, accountant, financial planner, management consultant, and so on. India is a promising country for candidates with ACCA qualifications.
This article will help you know about certain aspects of this exam, including details like ACCA course details and main topics of the syllabus through a quick rundown of several valuable tips that help you during your preparation:
- Begin with the authority books
The best study material that you can get for preparing for the ACCA exam is the official textbooks recommended by the regulatory bodies. Make sure you read those books completely and gain sound knowledge about the concepts and facts to increase your chances of passing the exam.
Moreover, once you’re done with the official textbooks, you can get your hands-on practice questions and revision material to reinforce your preparation even more. It will help you cover all your syllabus in a perfect and orderly manner.
- Understand the types of questions
The ACCA course in India consists of a single-question paper with a variety of objective-based questions. Here’s a list of the types of questions that are most likely to be asked in this accountancy certification course:
- True or False
- Multiple-Choice Questions
- Number Entry
- Multiple-Response Matching
- Multiple Responses
Therefore, during your preparation, make sure that you practice all types of questions to get a clear understanding of the syllabus. The more you practice, the easier it will be for you to tackle the questions being asked in the main exam.
- Learn Alternative Explanation Modes
In this exam, there are a series of questions that ask you to select the correct conceptual theory or definition for a given topic from a list of multiple alternate definitions. Clearing this section requires you to have a keen understanding of topics and have a clear definition for them in mind.
- Make the Most Out of your Time
Based on the difficulty of the paper and the questions asked, every candidate requires varying times to finish the paper. Talking about your personality, you may be good at one aspect, but the others will surely consume a lot of your time.
Therefore, you need to make sure that you give equal importance to all the questions asked, and manage your time efficiently. Moreover, make sure you keep monitoring your progress in the examination and modify your judgments accordingly.
The ACCA examination is designed to test your comprehension and knowledge about the various aspects of accountancy. Although the ACCA Fees are quite expensive, the investment will surely provide great returns in your future. Therefore, make sure you start preparing for this exam right away and use these tips to increase your chances of passing it.