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This is an awesome idea, it will help masses in a great deal. For students like me its a dream come true. ACCA should seriously start doing that, this will add value to ACCA services. I llok forward to implementation of this idea.
waseam@hotmail.com
That will be a good progress. I support that. You have to attempt 14 papers. That will shorten the time towards qualification. I think it will not hinder your other commitments towards your family or work. You can manage your time, I am sure, if you put qualification as your ultimate goal, and concentrate on that.
Quartly exams do not consider workers especially those who are married because you have to balance three things:your work place,family and studies for sitting ACCA exams.But for fresh students(single,not working yet) i see no problem.
@obol, it was said before (comments below), it gives flexibility,
no one would be forcing anyone to sit every 3 months.
Yes. Strongly agree with quarterly examination. Specially for resitting of a paper.
Thank you ACCA for taking the plan for changing ACCA exams quarterly
Quarterly exams will help the students in great deal to pass the papers soon and qualify quickly
Reasons:
1. it increases the chances to qualify soon
2.It gives us an opportunity to pass more papres within a year
3.there will be a shorter time of period for the results so soon we can restart studies for the papers previously failed as a result the chances will be more for passing the failed papers
4.there wont be longer gape between exams so this makes us active in progress studies
5. it gives us a confidence to be back for studying
Finally i say that i agree 100% for taking the exams quarterly
since two and a half year i have only passed one paper in skill module the main reason is that i am a full time employee and have to take care of my family and missed some attempts for some papers so deffinitely quarterly exams help students pass their papres quickly
there are many advantages for resiters…i am agree with this idea
Absolutely, this is what i have been looking forward to. Students will have many chances to pass the exam and no time to relax. the main problem of failure is the long wait until results are out and you know what next step to take. That time lag plus exam frustration causes laziness to start effective studies until closer to the exams. There fore good to make it continuous every three months. I will be a qualifier in a year i bet you.
if something is purely hypothetical where is the point in giving people hope?
It is up to you, students to put pressure on ACCA!
We are going forward the results of the survey and the comments to ACCA..
if you really hope it should happen, then your comments should be more positive and not only trying to find reasons why it might fail
that is great and a welcome idea by me, but to be useful; examination results better be released earlier say three to four weeks after the examination day so that one can prepare the failed paper and be ready to resit in the next three months. this will be useful to those students who are re sitting the failed paper who does not require full coverage of the syllubus but only require to polish up some ereas or topics
My opinion is that ACCA need to change how they examine in one of two ways.
Firstly, they should make examinations every 3 months as this poll suggests. That way you can concentrate on individual subjects rather than cramming in several subjects at one time. It will help focus students attention on the subject they are studying at the time.
OR
Secondly, they should allow resits for those that have failed an exam by 5-10%.
Each way would assist students in going into exams with focus on a given subject, and the best chance of retaining the information for the specific exam.
Doing both wouldn’t work, but one or the other would be beneficial.
If ACCA are then considering moving exams to a computer-based system this should make the sitting of exams and marking of exams in both cases easier and less time consuming for markers so that results can be released in time for resits or the next quarters exam sitting.
I don’t see how this should make much more of an additional cost to ACCA for marking. They will just be spreading the marking of papers over the period of a year rather than squeezing it into a month’s period after every six month sitting. Examiners do have to take more time to write exam questions, but that’s about it as far as I can see. The rest is just a spreading of cost over the course of the year.
AD 3:
and what about publishers who publish books which are valid, theoretically, for 1 year only? Are they going to change that and increase books available during the year?
After December’s 2011 sitting I ordered books at the begining of January but received books one month after because books were out of stock
and couldn’t begin studing earlier
yes it can be of great help
I strongly believe it will help me to achieve membership fast. If i take two subjects every three month, I do not see that as much load on me. So ACCA can do that. Its also not compulsory that students should enter for exam every three months.
Yes,i wish it could come now now now.
The comments following the feature question all have their points and some make sense, albeit, some not very thoughtfully made. However, the concerns expressed here fail to recognise pertinent realities. I will try to present a balanced perspective, both for the Association and for students, the later of which I still am.
Firstly, the ACCA has remained a formidable institution, presenting up-to-date testing of the knowledge and practical aspects of accounting as a profession. Running these examinations is a very expensive affair, and students cannot imagine the tremendous resources and individual efforts at ensuring smooth behind the scenes operations.
For example, imagine the difficulties we sometimes experience when registering for exams, or when results are released, the clogging of the web pages. How about the amount of paper work, late entries by students who carelessly leave it till its too late.
Should we opting for the rendition of resits? Then the huge tasks of conducting these examinations (across the world, for more than
500K students) operations may overwhelm the process, thus resulting to mistakes, which would in turn lower the value and integrity of the qualification. Bottom-line, we would not want that.
On the other hand, the rigour involved in preparing for, and writing the examinations, the elaborateness of detail, the mental strain for the students, including taking cognisance of changing rates for taxation or new standards and/or interpretations, all make it onerous for the student. If a resit is attempted say within 1 month of having received the previous results, it’s most likely that performance may not vary much in favour of a positive result.
The examples cited of the CPA in America, CIA and the FBI, does not validate the introduction of similar operations. Note, the American market is very large. Currently, I presume the ACCA is finding it challenging to break that market. These are real issues, for directors in various regions faced with a competitive market for financial qualifications and education industry, for which there are several watered-down versions, which drop outs usually set-up.
Citing of factors such as working/life balance and qualification pursuits makes sense but does not in its entirety give credence to running the examinations 3 or more times, nor does it validate the
pegging of persons who should be writing these resit exams.
We have already witnessed the giant strides taken to modernise the ACCA, online submission (similar to timely online submission of Company House forms or tax documents, or timing deadline for contract bidding) all which prepare the student for real life circumstances. Other examples include online student magazine which has reduced costs, tiered exam entry to enable students understand timeliness and savings opportunity, outreach programmes and so on.
I fail to understand what the rush is. One who really wants to study accountancy, will prepare, write and persist. If the story of Winchy, the Spider is your experience, then take heart. Remember, the Spider made it eventually.
The lesson, persistence.
Finally, after studentship is membership, and I perceive the ACCA has a substantial number of these. All in all, studying for the qualification is no doubt challenging, expensive and time consuming. However, diligence, practise and consistency will always be rewarding.
Happy studying.
J. N
For further comments and expressions, the writer can be reached on j.ndedde@gmail.com
I believe that it is a good idea and should be implemented.
I haven’t read all the responses yet, but if 4 exams are set a year per paper, rather than 2, then that pretty doubles the work and there for the cost of the examiners. This would quickly filter down to us students to pick up the tab for the increased admin.
I agree with all the other points however. It spreads the workload more evenly and will result in better quality results all round
Thats a very good idea,wish it could be implemented soon.
the benefits (some are half serious)
1) flexibility for students
2) better knowledge retaining
3) not pushed to sit 3 or 4 exams in one sitting – but 1 or 2 means better chance of learning / understanding the subject and better pass rate
4) examiner would have a full time job
setting 4 exams a year
5) exam markers would have a full time job – and would get better at marking exams..
6) only the best ‘exam markers’ would be used as there would not be need for a massive number of exam markers every 6 months..
any other “Yes” ?
@admin, honestly how many people sits 3 or 4 exams at the same time? People who have no kids, no work, no family or… their native language is English
We should do a questionaire about that, shouldn’t we?
@perfecta1, well, we did run surveys or poll: how many papers.. in the past, but there is no problem running another instant poll in again for June 2012!
so, what is the question you would like to see in this poll> How many exams? or something else?
@admin,
why not to ask people how many exams they sit at every attempt? where they have books from? (website, ebay, friends)
would they prefer exams every 4 or rather every 3 months every year? WHat should be the maximum sits every year? (4×2=8, or 3×3=9 or maybe 4×4=16 for veeeeeryyyyy ambitiuos people??)
So there is a pattern emerging
1) Many students who do not like this idea, forget that it is not compulsory to sit every 3 months, they still could study 6 months, it is just when they would sit their exam would be more flexible!
2) Some students worry about degrading of the ACCA qualification – but they forget, that at the moment, students can take 4 or 3 exams at one sitting.. which seems like this ‘rush’ and ‘degrading’ is happening now anyway! And if you were to take only 2 exams every 3 months.. you could study in greater detail. rather than rush through 3 or 4 exams at 1 sitting..
3) Students who worry about the exam results being late.. you do not have to wait for your results, and you can start studying for your next exam.. even if you failed and need to retake it.. you will not forget all your knowledge in 3 months.. it is harder to retain what you have learnt over 6 months period..
(just some thoughts clarifying to some people who doubt it would work
I am a bit astonished, as intelligent ACCA students as they are, some could not figure it out
Any other ‘NO’ reasons I have missed?
@admin, Admin, I am in total agreement with you. You made some valid points and I wish acca would look into this very quickly.
Some students are lamenting over the fees that might increase, but we still spend so much when we do fail and exam. It boils down to the same thing
@admin, AD 3:
and what about publishers who publish books which are valid, theoretically, for 1 year only? Are they going to change that and increase books available during the year?
After December’s 2011 sitting I ordered books at the begining of January but received books one month after because books were out of stock
and couldn’t begin studing earlier
@perfecta1, why should the books changed? They are valid for 1 year.. not for 6 months
Unless there is syllabus change/update. books are perfectly fine
Anyways, all the comments here and the instant poll, is just seeing what students think about it..
ACCA is not changing anything at the moment,
@admin, we assume that in case of 4 exams per year they will be in March June, Sep and Dec but…..
What if they would be in Feb, May, August, Nov?
I would like to buy books in Nov 2012 to sit an exam in Feb 2013 what is almost impossible if you want them form BPP’s website.
I know that ACCA is not changing anything at the moment but everything must be considered.
@perfecta1, You really worry too much in advance
ACCA can announce the change of the syllabus tomorrow if they want to.. let’s not have a sleepless night over something that is purely hypothetical
thank you ACCA,thank you ACCA, thank you ACCA. For me, this is one of the greatest innovations ACCA is trying to introduce and also one of the reasons why it will continue to be a leader in the accountancy education & certification. I wholly support the proposition for two reasons:
1. it saves students money and,
2. it will help students to have more opportunities to
correct their mistakes in a relatively short period and
get their confidence back on track.
Thanks for this idea. Sometimes people fail because they quikly forget so due to the length of time taken before the exams so this is quite interesting! thanks to opentuition
yes, yes.
I am completely in support of sitting for some ACCA papers to be conducted thrice a year while the optional four last papers can still remain twice a year.
Thank you.
Yes they should because then you’re not struggling to balance two/three topics at a time. You can concentrate on one/two paper(s) and three months is plenty of time to study and revise.
As for reducing exam fees, well, there’s no point really. You get the exam opportunity so fees shouldn’t come into the decision at all.
It will reduce the presure and failure rate on students-workers since you will have the option to sit for the exams four times in a year.
Result in 2 months is already very late. More exam session per year means less student per session so ACCA can give results early. They can also improve marking process time with the help of all the technology available.
The idea of exam after every three months is great. It would be helpful for people working and studying part time which help them to concentrate on 1 or 2 papers per exam session and give better results. Also student who have failed marginally can be benefited from this option as 3 months are enough to prepare for reattempt.
If it ACCA sets evry 3months Exam, they should think About exam fees to reduce,
all is about maitaining standards and knowledge. it will be desastrious if we churn out more exam passas than those who have acquired knowledge and can put into practice. this require ample study time and resourses. we should not huury to pass exams just to have certificates!
i think is better for us
So much useful for us
Plz acca implement t as soon as possible
Yes i was already thinking that acca should increase the exam sittings. It will b most useful for those who failed by few marks. This time i failed my f8 with 47% marks. I need a litle preparation more. If there r 4 or even 3 sitings per year, it would b a great idea.
professional exams is not a sandwich course ,every exams require a standard , ACCA conducts exams 2ce a year this will provides an opportunities to student to practice,review and synthesized appropriately more so provide a medium to the examiners to mark and scrutinize scripts ,i strongly support 2ce a diets per annum.
@lynre, the number of times acca conducts the exam does not define the course neither will it damage the standard of the profession. the number of times acca holds exams still does not change the structure of the exams, so i am not quite sure what you are talking about. you have a choice, its not manditory. so what you think, the exam will become easier if acca conducts it every 3 months/ think again. so how will that lower the standard of acca? i am not sure if i understand you clearly.
@lynre, it is not compulsory to sit every 3 months..it is up to you
Good to have exam result just in a month and following that have a chance to get just failed exams in the next month and to get ready to have new exam beside this in 3 months.yes it would be great.
Also I think it would be some sort of motivational tool to progress furher or re sit failed ones!
Great,i agree with this idea too.It is going to be good not only for some failed exams but also for getting just one exam in three months in order to improve our chance of passing exams.
On the other hand, it’s not possible to have exams 3 or 4 times a year. It takes ACCA 2 months to inform students about their results. So if the exams will be every 3 months it means that we would have to enrol for an exam without knowing results. So how we will now which wxam we should sit? (in case if someone won’t pass)
for example: If exam is in Dec next one should be in March. To sit and pay the minimum price for an exam we would have to enrol in end of January and we get results in mid Feb.
I do not agree to rise all fees to one level (let say 80 pounds per skills exam) The prices are disgraceful already!
@perfecta1, dear please let acca figure this out. we want what is best for us. let acca do their work. there are many ways to tackle stuff. acca is a big organisation and they can do it if they want to .ok.
@joycelyn37, I am not against exams every 3 or 4 times a year but… some organisations are not good in making changes. Yes, they understand why we need 3 or 4 sits per year but will they improve other ‘areas’ following that change???
if yes? Go ahead but do not forget about making changes in other things at the same time.
The question was about exams only. Maybe there should be another questionaire about results too?
In some way we pay for making changes and we have the rigth for deciding as well…
4 months sound considerably better!
I work and study at the same time. During the year I have an average time of 9 months for studing (rest are holidays, time spent with friends and family etc) 4,5 months is not enough for me to sit 2 exams but too much time for preparing for just 1.
im agree with this idea.ACCA should hold exams every 3 months
Yes, ACCA should definitely hold exams every 3 months. They should come up with this kind of pols and ideas. They have been around for a long time and holding exams just twice a year it is not really up to date with the fast pace economic environment that we live and work today. So please ACCA take a look at the pol and make the right decision.
yes of course it is great idea
You pulled a very interesting question and actually its a great idea
Please yes of cos .It will really help us in completion of de course to proceed for de next level of education.And also to keep everything learnt fresh for de exams.
This will be one of the best option for students and it will take short time than existing. So ACCA should take it under consideration.
thank you
This could be a lot better! There are so many people failing the exams when sitting for more than one paper, as the workload per paper can be extremely overwhelming. And also going back to information already learnt to retain the information. If not every 3 months, then why not every 4 months, i.e 3 sittings per year. Currently I only take one paper per sitting as I find 2 or more too much and if working towards a 2.1 or even 1st degree for OB, then one has to put in a lot of effort to pass way above 50%. I really hope ACCA will show their innovation by considering this.
Yes, I support the idea of taking the exam every three month.
yes concerntration on one subject in three months is better than to take two at once in six months.
stick to one than many helps.
thank you
Yes, especially for re-sitting the examination.
Yes for resit, so that the idea will remain fresh in your head, if not, it will be disastrous for the pass rate due to poor preparation and planning. Rush! Rush!! and Rush!!! leads to massive failure.
@claudeverson, This will help students who fail and reduce on the work load of studing. i.e only take one subject in three months and four per year, thus increases the chances of passing with good results.
thank you