There seems to be twice as many people who don’t pass the ACCA first time as the handful who do – a bit like a driving test.
So why do relatively few people pass the ACCA the first time? It’s not about luck, nor about academic excellence, nor about intelligence. As with any exam, your knowledge is only one part of the ACCA equation.
A lot of ACCA success depends on how well you prepare, practice, and perform – rather then how much you know.
With that in mind, we’ve put together these 5 tips to help you maximize your chances and (hopefully) pass the ACCA the first time.
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1) Plan ACCA Revision Early
The majority of the marks in your ACCA exam come from your ability to apply the concepts you’ve learned in a new scenario, rather than regurgitating your knowledge.
In other words, you can’t just learn by rote and hope to pass ACCA – you need time to learn, absorb and process what you’re learning.
You’ll do better in your ACCA exams if you give yourself time for what you’ve learned to go into your long-term memory rather than relying on your short-term.
This means you’ll be much more likely to pass ACCA on your first attempt if you leave plenty of time for revision. Make a sensible, flexible study calendar well in advance so you can ensure you cover everything you need to cover and have time to truly understand what you’ve learned.
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2) Think like An ACCA Examiner
Examiners largely write the ACCA exams based on the syllabus you’ve covered, so it’s important to familiarize yourself with this so you know your revision is covering all the right areas.
It’s also a good idea to read the Examiner Approach interviews published on the ACCA website, as these give insight into each ACCA paper from an examiner’s perspective.
These interviews can help give guidance on what examiners tend to look for, and where students have fallen short in the past.
3) Take Time for Yourself
When you’re revising, it can seem like nothing else exists. Don’t let yourself get blinded by the ACCA looming on the horizon. Sure, knowledge is a big part of passing the ACCA – but you won’t be able to perform well on the day if you’re burnt out and drowning in stress.
Throughout your revision period, make time to do things just because. Naturally, there’s a balance to be struck, and going out every Friday and Saturday night probably isn’t it – but you don’t have to completely stop having a life. That really would be counter-productive.
4) Practice Your ACCA Answering Technique
There’s a tendency amongst ACCA students to get overwhelmed by the sheer amount of information there is to learn, focusing heavily on the content of the exams.
Obviously, the actual content is important, but it’s equally important that you know-how to answer the different questions you’ll encounter on each paper. You can download past papers from the ACCA website if you’re going it alone, or if you’re using a revision platform be sure to choose one that helps you learn how best to structure answers for each type of question.
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There’s no point knowing the entire course content if you let yourself down with the manner in which you answer!
5) Stay Healthy
As with any exam, the more pressure you put yourself under on the day, the less likely you are to perform to your best. Sweaty palms, heart racing – these things are normal, but they’re not productive. You need to be able to think clinically if you’re hoping to pass the ACCA the first time, and not let the stress of the situation get to you.
Easier said than done, I know, but one thing that really helps is ensuring you’re staying healthy in the run-up to your ACCA exams.
It might sound trite, but it really is important to eat well, get enough sleep, exercise, drink enough water, and generally not put yourself under unnecessary pressure if you want to pass the ACCA first time!
It might sound trite, but it really is important to eat well, get enough sleep, exercise, drink enough water, and generally not put you under unnecessary pressure.
All The steps outlined above will help you break your ACCA revision into clear, manageable parts that you have plenty of time to prepare for. Try and stick to your schedule and, as much as you can, try and rise above the stress.
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Final thoughts
Ultimately, remember that it’s not the end of the world if you don’t pass ACCA the first time.
We can be our own worst enemies when it comes to exams – the more pressure you put on the outcome, the more difficult you’ll find it to perform on the day.
If you don’t pass, view it as a learning opportunity. You know the adage: there’s no such thing as failure – only deferred success.
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