How can I pass ACCA P7?

How can I pass ACCA P7?

5 tips to ace the ACCA P7 exam

  1. Start early!
  2. Get yourself familiar with all auditing and accounting standards.
  3. Practice past paper questions right after finishing a particular topic.
  4. Answer in a 3 paragraph approach: what, why and the fix.
  5. Answer all audit procedure questions in 2 parts.

Is AAA hard ACCA?

However, AAA is different. Put simply it is harder: it has more advanced syllabus requirements; it has a larger syllabus and is based on more complex financial reporting standards, and the question requirements are largely applied in nature, meaning that few, if any, marks are awarded for rote-learning.

How do I pass AAA ACCA?

AAA Exam Study Tips

  1. #1 – Refresh your assumed audit knowledge.
  2. #2 Ensure you have a good knowledge of financial reporting standards.
  3. #3 – Give yourself 12 weeks of preparation.
  4. #4 – Assume the role of an auditor in the real world.
  5. #5 Practice Makes perfect.
  6. #5 – Become a learnsignal member.

How can I prepare for ACCA F7 exam?

Use the OpenTuition ACCA F7 lectures together with the F7 course notes. Try to read a study text, at least once. Follow the worked examples of all the questions 1, 2 and 3 on this website since the “new” syllabus arrived in 2007. Revision lectures based on past ACCA F7 exam questions are available on line.

Is AAA hard to pass?

The global pass rate for AAA remains in the low 30 percentile. This means only 3 or 4 students who sit for this subject, pass. But the global pass rate is not a reflection of the difficulty of this subject. Any student can easily get a pass if BASIC MISTAKES are avoided.

Can you self study AAA?

YES! It is very possible to study ACCA by yourself. All you need to do is to purchase a BPP/Kaplan Study Text and Revision Kit. ACCA have provided numerous resources for your exam preparations, most of which can be easily found on their official website.

Is SBR harder than SBL?

The Strategic essential paper pass rates also dipped this time around. In March the SBL pass rate was 50% and SBR was a healthy 52%. In June SBL fell to 46% and SBR 44%. Students had picked out the SBR paper as the hardest paper in the Open Tuition post-exam poll.

Is APM ACCA easy?

APM is probably somewhat more difficult, because AFM has more “clearly right or wrong” answers in the written part, so it’s arguably easier to answer – your arguments, if correct, are easier to write since you don’t need to make them that convincing.

Can I do AAA before SBR?

Should I attempt AAA before SBR? Absolutely not! You should always complete Strategic Business Reporting (SBR) before, or alongside, Advanced Audit and Assurance (AAA). Sitting them the other way round is like running before you can walk.

Is ACCA F7 difficult?

Many students don’t find the topic very interesting. If you’re not interested in it, you’ll find ACCA F7 much more difficult. That’s the real challenge as a tutor: to catch the imagination.

How long does it take to study F7 ACCA?

How much time would I require to clear F7 ACCA? At a max you should not take more than 2 months, 15 days for study text and rest for application of study text knowledge on the revision kit and other question papers.

Is ACCA ATX hard?

The Advanced Tax exam at the ACCA Professional Strategic level is one of the most challenging.

How many hours should an ACCA student study?

How much time do you require to study for ACCA DIPIFR

Study time Minutes of study per day Total study time per week
Lunch break 15 minutes, 5 days per week 1.50 hours
Evening time after work 30 minuted, 4 nights per week 2.00 hours
Weekends 3 hours 6 hours
Total per week 12 hours per week

What is the hardest paper in ACCA?

For most students, Audit Assurance is generally considered to be the toughest paper, especially at this level. For the Applied Skills exams, along with Performance Management, this is the subject that I get the most queries about. (You’ll find plenty of videos on these on my channel.

Which is better AAA or APM?

AAA would be great if your in the assurance field, but since your in strategy and risk, APM definitely, and the concepts in AFM would definitely help.

Which ACCA exam is hardest?

Audit Assurance
For most students, Audit Assurance is generally considered to be the toughest paper, especially at this level. For the Applied Skills exams, along with Performance Management, this is the subject that I get the most queries about. (You’ll find plenty of videos on these on my channel.

Where can I find past papers from the ACCA?

Corporate and Business Law (LW)

  • Performance Management (PM)
  • Taxation (TX)
  • Financial Reporting (FR)
  • Audit and Assurance (AA)
  • Financial Management (FM)
  • Which is the hardest ACCA paper?

    – You need to be good with concepts,mugging up won’t help in any of the papers of ACCA. – F2 is the base of F5 and F3 is the base for F7. Understand the concepts, it will help in passing the current exam as well as in further exams. – They will be computer based exams, whole paper will be of MCQ’s. – And, practice the revision kit thoroughly.

    What are the 13 papers of ACCA?

    Paper F4 – Corporate and Business Law (LWF)

  • Paper F5 – Performance Management (PM)
  • Paper F6 – Taxation (TX)
  • Paper F7 – Financial Reporting (FR)
  • Paper F8 – Audit and Assurance (AA)
  • Paper F9 – Financial Management (FM)
  • How many papers are in in the ACCA?

    There are total 14 Papers in ACCA. 9 Fundamental papers and 5 Professional papers. F1-F9 and P1-P3 are compulsory papers where as you have to give any 2 papers among P4-P7. ACCA also gives exemption upto 9 papers (that is the 9 fundamental papers) under certain conditions.