Quick Answer: Is it hard to pass ACCA exams?

The fact that ACCA’s exams are not easy, and are challenging is what gives the qualification its prestige. Employers recognise the level of commitment and seriousness students have to exert to complete the qualification – which in my opinion shows just how serious you are about your career.

Is ACCA easy to pass?

ACCA is easy to pass if you are motivated and if you believe that it is not a step to your career, but it lies on the path. You need to have a proper mindset. The difficulty level of ACCA exams will increase as you progress. You should know why you are doing the course and take coaching to ease through the exam.

How many hours a day should I study for ACCA?

How many hours should I study for ACCA? When you’re studying ACCA we recommend you plan to do a minimum of 8 hours per week. Study time varies in terms of how long it will take you to cover the syllabus, but you can expect to spend about 11 weeks on each paper.

Which ACCA exam is the hardest?

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.

Why do I keep failing ACCA?

If you keep failing ACCA exams and your mark was in the 30s or below, knowledge was your issue. That might be because you tried question spotting (which doesn’t work), you weren’t disciplined about your study time, or maybe you wasted time making notes without actually learning anything.

Can I pass ACCA with self study?

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.

What is the salary of ACCA?

Starting salary for an ACCA affiliate in India can be in the range of 4 Lakhs to 6 Lakhs per annum. Once you become an ACCA member the salary increases over 7 Lakhs annually.

Is ACCA better than MBA?

Both have their pros and cons, but it is up to you to decide which career you want to pursue – ACCA will provide you more of a specialized skill set, whereas MBA will give you a broader skill set to handle the overall business.

What is ACCA pass mark?

All questions in the exam are compulsory. The exam contains a mix of objective test and longer style questions with a duration of 3 hours and 15 minutes. The pass mark continues to be 50%.

Is ACCA difficult for average students?

Here’s the good news: no, the ACCA exam is not very difficult. In fact, it is easier to clear the ACCA when compared to other professional finance and accountancy courses like the CA and CFA. It is, of course, tougher than the school and undergraduate tests with which most students are familiar.

Which is the easiest paper in ACCA?

As such, from the below table, it can be inferred that F1 (Accountant in Business) is the easiest paper with highest pass rate of 85% in June 2019, while P7 (Advanced Audit and Assurance) is the toughest paper with lowest pass rate of 30% in March 2019.

Are all ACCA exams 50% pass rate?

The results saw over 103,000 students around the world entering almost 128,000 exams. A total of 3,838 students completed their final exams to become ACCA affiliates.Pass rates announced for ACCA’s June 2021 exam sitting.

What are the 14 papers of ACCA?

Applied Skills – ACCA Course Exam Fees

• Corporate and Business Law (LW)
• Performance Management (PM)
• Taxation (TX)
• Financial Reporting (FR)
• Audit and Assurance (AA)
• Financial Management (FM)

Is ACCA worth doing?

For any accounting professional looking to advance their career, the ACCA exams are worth it. As a global qualification, the ACCA is recognised by employers across the world. If you are looking to take your accounting and finance career to the next level, taking professional exams is the best next step.

Does ACCA have a time limit?

In 2016, ACCA had introduced a time limit that students were allowed for completing the exam component of ACCA qualification. While the rule of 2016 had put the time limit at 10 years, it has now been changed to 7 years.

What happens if you don’t complete ACCA in 10 years?

After your 10 year time limit is reached, you will lose any Strategic Professionals results that are seven years old, or older, and you will need to take these exams again. Check your myACCA account to find out when your Strategic Professional results will expire.

How many times can you fail an ACCA exam?

There is no restriction to the number of exams you may attempt, allowing you to choose to sit as many or as few papers as you like at each exam session. You are, however, recommended to attempt a maximum of four exams in a six-month period.

Is CA tougher than ACCA?

Due to this humongous difference in the percentage, CA is generally considered to be harder to pass than ACCA. One of the reasons why ACCA is slightly easier to tackle than CA is its flexibility in terms of exams and articleship.

How many hours should an ACCA student study?

If you are truly dedicated to your ACCA accreditation then you will spend at least an hour a day revising the syllabus. If you pick an intensive program, your study time will be around 3 hours a day. The idea is to plan efficiently and stay on top of the syllabus so that you can ace your papers.

Can I pass ACCA without coaching?

The main point is that, STAY CONSISENT AND DO THE HOMEWORK REGULARLY, YOU WILL DEFINITELY PASS THE EXAM. Whether it is self study or coaching, practice, hard work and consistency is required to achieve a goal.

Who earns more ACCA or CA?

The Average salary of Chartered Accountants lies between 6-7 lakhs. The Average earnings of ACCA have been 5-6 lakhs. Indian Companies prefer CA’s as they are aware of Indian Laws and related terms. Multinational companies who are handling the work of overseas clients or companies outside India prefer ACCA.

What is the salary of ACCA in UK per month?

Typical ACCA qualified careers in the UK (average salaries):

Banking – 25-30k. Auditing – 23-35k. Financial consultant – 45-50k. Taxation – 25-40k.

Can I go to UK after ACCA?

If you are looking to live and work in the United Kingdom, there are some resources that you should familiarise yourself with to help you be successful. Unfortunately ACCA cannot provide a student visa or work permit due to local laws and regulations.

Can an ACCA become CFO?

The ACCA Qualification can be your first step towards becoming a CFO, find out more.

Is ACCA a Masters?

The ACCA Qualification is broadly equivalent to degree standard when you take the first nine papers (the Fundamentals level). When you take the Professionals level, it is equivalent to a masters degree.

Can I work in USA with ACCA?

Though ACCA is recognised in most countries, unfortunately, their qualifications are not recognised in the US, and there is no reciprocal agreement that will entitle someone who has ACCA qualifications to automatically qualify for licensed CPA status.