FA Study support guide - ACCA Global
FA Study support guide
n Plan n Prepare n Pass
Financial Accounting (FA)
GETTING STARTED
n Plan n Prepare n Pass
LEARNING PHASE
REVISION PHASE
FINAL PREPARATION
Welcome to your guide helping you to study for your Financial Accounting exam
Why use this guide? Structured approach to show you how to succeed Signposted resources and how to use them Tips for success to help you through your studies Interactive clickable checklists to keep you on track
This guide is applicable for exams from September 2019 to August 2020.
02
Stages of study
Sections
Getting started
03
Learning phase
10
Revision phase
15
Final preparation
19
The exam
21
Appendix ? Links23
THE EXAM
APPENDIX ? LINKS
GETTING STARTED
LEARNING PHASE
REVISION PHASE
FINAL PREPARATION
Your checklist
Enter for your exam Buy an Approved Content
Provider study text and revision/exam kit Draw up your study plan Get to know your exam
Getting started
03
THE EXAM
APPENDIX ? LINKS
GETTING STARTED
Getting started ? Tips for success
LEARNING PHASE
REVISION PHASE
FINAL PREPARATION
We strongly recommend that you buy an FA Approved Content Provider study text and practice and revision/ exam kit to ensure exam success. These provide: - the most up to date content and syllabus coverage - tests, quizzes and other support designed to help
you prepare for your exam - past exam questions updated for changes to the
syllabus, question style and exam format as well as practice questions and answers and full mock exams to ensure you are fully prepared for your exam You may want to consider attending a face to face or online tuition course with one of ACCA's Approved Learning Partners for all or part of your studies or signing up for ACCA-X for all or part of your learning.
Students who use ACCA Approved Content are more likely to pass than those who don't.
04
Tips for success
In most places you can now take FA by our flexible ondemand CBEs. Search for a local ondemand CBE centre using our centre list and contact them directly to book your exam on a date that suits you.
Use the ACCA Learning Community to link up with fellow students around the world studying the same exam as you ? get tips, join discussions and share ideas and advice. You can also access live Q&A sessions and presentations.
Spend some time familiarising yourself with the free Study support resources on the ACCA website. This guide tells you when and how to use these resources during the relevant stages of study.
Remember to personalise your edition of Student Accountant so you receive FA specific information as you need it.
If you think you could benefit from building your English language skills to help you succeed in your exam take a look at the BPP English Language support for ACCA which is a free online programme specifically designed to support you through your exams.
THE EXAM
APPENDIX ? LINKS
GETTING STARTED
LEARNING PHASE
REVISION PHASE
Getting started ? Draw up your study plan
Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Week 10 Week 11 Week 12
Monday Monday Monday Monday Monday Monday Monday Monday Monday
Tuesday Tuesday Tuesday Tuesday Tuesday Tuesday Tuesday Tuesday Tuesday
Wednesday
Thursday
Friday
Wednesday
Thursday
Friday
Wednesday
Thursday
Friday
Wednesday
Thursday
Friday
Wednesday
Thursday
Friday
Wednesday
Thursday
Friday
Wednesday
Thursday
Friday
Wednesday
Thursday
Friday
Wednesday
Thursday
Friday
REVISION
REVISION
REVISION
REVSION AND FINAL PREPARATION
Saturday Saturday Saturday Saturday Saturday Saturday Saturday Saturday Saturday
Sunday Sunday Sunday Sunday Sunday Sunday Sunday Sunday Sunday
Evening study period
Daytime study period
Other commitments
Study plan checklist
Calculate the number of weeks from now until your exam date and draw up a plan ? see the example to the left and a possible proforma for you to use on the page 7
You may need to add or take away weeks depending on your own circumstances
Block out days/half days/ evenings already committed to family/social events
Plan study periods ? evenings/ half days/full days, aiming for roughly one evening/half day per chapter of your study text
If possible leave a four week period for the revision and final preparation phases
FINAL PREPARATION
THE EXAM
APPENDIX ? LINKS
05
GETTING STARTED
LEARNING PHASE
Getting started ? Draw up your study plan
Tips for success
When drawing up your study plan Be realistic and consider when you are best able to
study ? maybe early mornings work better for you or perhaps shorter study periods more often.
Once you have prepared your plan stick to it!
Consider building in an extra study period after every few chapters to review and consolidate your learning.
Take a 5 ? 10 minute break every hour to help maintain your motivation and concentration.
Use this plan whether you intend to self-study through all the phases or mix with some tuition from an Approved Learning Partner.
Students who use ACCA's learning support resources achieve higher pass rates than those who don't.
REVISION PHASE
FINAL PREPARATION
THE EXAM
APPENDIX ? LINKS
06
GETTING STARTED
Getting started ? Your study plan
Print out and write down when you will study, relax and revise!
LEARNING PHASE
REVISION PHASE
FINAL PREPARATION
Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Week 10 Week 11 Week 12
Monday
Tuesday
Evening study period
Daytime study period
Wednesday
Thursday
Friday
REVISION REVISION REVISION REVISION AND FINAL PREPARATION Other commitments
Saturday
Sunday
Colour boxes in your preferred highlighter colours.
THE EXAM
APPENDIX ? LINKS
07
GETTING STARTED
Getting started ? Get to know your exam
LEARNING PHASE
REVISION PHASE
FINAL PREPARATION
Review the syllabus and study guide and the examinable documents for FA / FFA
These give you an understanding of the aims and objectives of the exam, learning outcomes and exam structure as well as a comprehensive list of the documents examinable for the current exam sittings
Scan the FA specimen exam
The specimen exam provides you with a clear picture of how FA will be assessed and how the exam is structured as well as the likely style and range of questions that you could see in the real exam
Review the examining team guidance
Using these resources at the start of your studies will help you understand the focus of the exam by concentrating on the exam structure, question style, exam technique and tips as well as pitfalls to avoid ? see extracts from the examiner`s approach article over the page
Review the Key themes from the examiner's reports 2015-2018
This highlights strengths and weaknesses in candidates' performance and offers constructive advice for future candidates
View the study support video FA/FFA MTQ advice
View this video for pointers to some of the key skills you will need to pass FA as well as more information about the exam structure, multi-task questions (MTQs) and exam technique
Scan the exam technique and syllabus updates articles
The articles here cover answering objective questions, computer-based exam technique and how to prepare for knowledge modules exams ? you will need to come back to these during the revision phase but they will provide you with guidance that will be helpful in attempting questions throughout the learning phase
08
THE EXAM
APPENDIX ? LINKS
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