Hi Folks!
Following on from my FREE Pass1sttime.com Essential Exam Report for Accountancy Exams I am going to open up the blog here to answer questions. I am doing this for a few reasons.
Reasons Why
The first reason, I am going to publicly answer questions is because I would like to answer the questions once and let others benefit from the answers at the same time.
Secondly, there is too much confusion out there about principles for taking exams. Bad advice or crappy products are causing a lot of people to fail when the process is really quite simple. You just need to organize your efforts into solving existing problems. I will try and cut though the myths and share with you what helped me pass all my exams in half the time.
Third, I know by serving others here I will draw more interest to my free report due to the traffic and keywords. That is part of the deal, just being totally upfront about it and I recommend you do a similar thing in if you ever set up a website. I hope people will ask good questions and we can all win.
One request please download and read my report before posting questions. I want to expand on what is in the report not repeat it ok?
Note: I will be moderating posts to protect against blatant spam and all genuine posts will be published.
Your Questions & Prizes
I will pick the three best questions and award one of my products to the winners over the next month or so.
I will also pick some of the questions to make free videos and publish them on this blog so if you want me to use your site as an example then tell me in your question. Please note that the questions should not be technical (e.g. how do I do a bad debt adjustment) but around principles and techniques for accountancy exam preparation.
If anyone has a good answer to a question please feel free to comment – I value your ideas.
So, until I close this thread What are your burning Exam Questions?
8 Comments
Jair
10. Feb, 2010
Hi Soul, thanks millions for the free report.
One thing I find hard is there is too much information to take in at once. I am doing three ACCA exams in June and it is hard to keep all the information separate in my mind – it feels like my head is full of information.
So for my question, it is how do I keep clear in my mind all the different things I have to know and learn?
giselle
10. Feb, 2010
Hi Soul,
I also found the report to be encouraging and insightful. My scenario is that i used to go the class in the city where i work because there is no school close to where i live and the commute is about 2 hours– one way. But at day’s end i used to be really tired and nothing from class stuck. I used to get home at 11pm and have to wake at 4am the following morning to go to work. So i opted to do homestudy this time around and with all the online classes available now from kaplan and LSBF, it should be easier… i think. What do you think is a better option? Going to formal classes and commuting? Or homestudy maybe with online lectures?
Soul
10. Feb, 2010
Hi Jair,
yep, learning so much so quickly can lead to your head feeling like it’s about to explode. For me using Mindmaps was the best thing to help with this.
You can use the good old pencil and paper and make them yourself, or for the more modern way try Tony Buzan’s iMindMap software here: http://bit.ly/imindmap (there’s a free trial) If you want I can do a video on how to use the software… let me know..
Hi Giselle,
To be honest I don’t think there is a better option. I studied one qualification at home and the other with formal classes. The best is what works best for you.
In my opinion getting 5 hours sleep a night is not sustainable (I’ve tried it too!) so it sounds like you have no real choice but to study at home. If you can afford it go for the online lectures, but most of all you MUST be disciplined with your studying and put the hours in, especially in question and mock exam practice. If you know other students it can be good to create a mastermind group with them too.
Martin
18. Feb, 2010
As a full time employee, how did u manage ur time-especially on working days?
Soul
18. Feb, 2010
Hi Martin,
That’s a very good question. As I was doing intensive studying I used three techniques:
1) One of the companies I worked for gave flexi-time if you worked over a certain number of hours in a day. I would build up a lot of that when in the breaks between exam sittings and take a few days off together when I was closer to exams
2) I would tell my boss I needed to study, and go home at 6pm and work 3-4 hours in the evening. Boss may not have been too happy, but the exams were more important to me!
3) And when I needed to I used some of my holiday time – passing was that important in my opinion that it was worth the sacrifice
Anastasia
27. Apr, 2010
Hi Soul i have been studying for one ACCA paper and have sat for four exams. I do self study with only text books. I have recently tried on online but could not access it. I have flanked four times and writing this june the fithy time.I work fulltime and i only manage 2hours sometimes 1 hour. How do prepare for this last paper. No schools or students around here.Help
Anastasia
HABIB UR REHMAN
08. Aug, 2010
Hi soul, I myself working in financial instituion. I belong to the rural area of Hyderabad having keen intrest to enroll for ACCA. Please help me out seniors.
Thanks & Regards,
Soul
25. Aug, 2010
Hi Anastasia – it sounds like you need to take on a distance learning package to get the best support. It can be difficult to structure your studying with only text books and by yourself. Find the post on the site about distance learning courses to get some more advice on this.
Hi Habib – please go to the ACCA home page at http://www.accaglobal.com to find out about learning options.
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