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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