How can I pass ACCA P7 exam?
5 tips to ace the ACCA P7 exam
- Start early!
- Get yourself familiar with all auditing and accounting standards.
- Practice past paper questions right after finishing a particular topic.
- Answer in a 3 paragraph approach: what, why and the fix.
- Answer all audit procedure questions in 2 parts.
Is ACCA exam Mcq?
The ACCA Exam Pattern has two parts: Computer-based and Paper-based, which include Multiple Choice Questions (MCQs) and Scenario-based questions. The ACCA Exam Pattern and Structure is as below: Exam Pattern for Computer-based Papers: ACCA Papers from F1-F9 are all computer-based exams.
What is Advanced Audit and Assurance?
The Advanced Audit and Assurance exam is designed to reflect the challenges auditors will face in their professional life. You will be required to analyse, evaluate and conclude on the assurance engagement and other audit and assurance issues in the context of best practice and current developments.
Why is AAA ACCA difficult?
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 is AAA ACCA scored?
AAA Exam Study Tips
- #1 – Refresh your assumed audit knowledge.
- #2 Ensure you have a good knowledge of financial reporting standards.
- #3 – Give yourself 12 weeks of preparation.
- #4 – Assume the role of an auditor in the real world.
- #5 Practice Makes perfect.
- #5 – Become a learnsignal member.
Can I finish ACCA one year?
The ACCA Diploma in Accounting and Business (RQF Level 4) could be completed in 1 year, as could the Certified Accounting Technician qualification provided you achieve your required work experience whilst studying.
Is ACCA AAA difficult?
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.
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.
Where can I find past papers from the ACCA?
Corporate and Business Law (LW)
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)
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.