Choosing what ACCA subjects to try together may be a personal choice. There’s no right or false combination, but there are some considerations to stay in mind when making your choice.
Consider what proportion of time you’ve got available and confirm that you’ll still give both sufficient preparations to form sure you pass if planning on doing two exams.
Let’s explore your ACCA exams and the way to form the most straightforward choice for you to make sure you pass two directly.
Finish your on-demand ACCA exams early.
Having accomplished the Applied Knowledge subjects (AB, FA, MA), we might recommend taking the other two Corporate and Business Law (LW) as your Applied Skills subject.
It is another on-demand subject and follows the pattern of exams you’ll be wont to through a 2-hour computer-based Objective Test (OT) exam.
Getting this finished will allow you to maneuver into the ACCA exam cycle. The quarterly sittings make it easy for you to plan, prepare and progress throughout your ACCA papers.
So, consider tackling these subjects together first or alongside and get it done soon.
Exemptions from ACCA exams
Sometimes, the exemption determines what level you start at and what exams you can sit for next.
It can end in your decision being made for you, in terms of what exams are left available for you, at the applied skills level, for instance.
How does one Pick Your ACCA Subjects?
ACCA exams are often a intensify from previous college exams, so pick the material you are feeling comfortable with supported your previous studies.
So, if you’ve got a robust foundation of data to start your study from during a particular area like taxation, choose that, particularly if you’re looking to mix two subjects.
Making that decision will be easier if you consider the following points:
While knowledge from any ACCA subjects is often relevant in other papers, some more defined links will help across different levels – as outlined below:
MA – PM – APM
FA – FR – SBR
FM – AFM
AA – AAA
TX – ATX
All Applied Skills – SBL
Consider subjects that you enjoy and feel you’re most robust with. If you’re doing two issues, it’ll make life easier if you’re a minimum of comfortable with and luxuriate in one of the above combinations.
Calculations vs. Discursive
Some ACCA exams focus more on discussion and discussion-based learning, while others require calculations, analysis, and interpretation of these calculations.
To understand why each subject is weighted the way it is, you should go over the syllabus and check past questions.
Then there are two approaches you’ll check out taking when combining subjects.
Option 1- Combine similar exams, so for instance, if you wish to perform calculations and follow a step by step approached, you would possibly do two of those subjects together (e.g. FM and TX).
Option 2 – If you’d like better to keep some variety in your study so choose dissimilar papers mixing a topic with tons of calculations and numbers (e.g. TX) with a more discursive paper (e.g. AA)
The Link Between Audit & Financial Reporting
Accounting and auditing go hand in hand. Auditing is an independent examination of an entity’s financial information, so a real grasp of monetary reporting is essential.
As such, you’ll consider doing FR and AA together because the two will complement one another.
It would also be possible to do AAA and SBR together. A rule of thumb given by ACCA is that one should never sit AAA alone without first taking SBR (either before or afterwards) since the same accounting standards are examined in both exams.
Ethics & Professional Skills Module
Students often ignore or disregard this subject until they must complete all exams.
In this module, you will learn planning skills vital to your success in your strategic professional exams. Therefore, you should consider taking it before or along with your first strategic professional exam.
The module comprises ten units and lasts approximately 15 hours.
At the strategic professional level, the Strategic exam should be completed early alongside any opposite exams.
The talents you learn from completing a case study based subject will improve your performance within the other exams by enhancing your professionalism and application to the scenario.
What does one work as?
When deciding what option papers to try to at a strategic professional level, particularly if you’re combining papers, consider the world you’re employed in to indicate what could be the most superficial subjects to settle on.
If you don’t add audit or tax, it might be wary of AAA and ATX as both exams specialise in real-world skills, which will be challenging to find out if you don’t add those areas.
As such, you’ll consider doing the opposite options and finding combinations between SBL, SBR, APM and AFM.
Where do you have the best chance of passing, and what are you most interested in? Don’t overload one subject with too much preparation.
If you choose two tests, be sure you can prepare both to ensure a passing grade.