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Hi mates,
I´m a little bit confused about ACCA, I´ve got an Accountancy degree and +3 years of relevant experience in my country. I´m studying now in the UK and I´m thinking in get an ACCA certification, but I´m not clear at all about some things:
1. – Is possible to take all exams at the same time (e.g. Jun 2011). I´ve read all the information at ACCA website but I didn´t see information about this?
2. – Is necessary to join a training course in a education institute or can I do it studding by myself with the opentuition material and all the books bought in Amazon?
3. – how the general scheme for the exams? I mean is a multiple choice questions or a practical case? how much questions in each exam?
P.S.: I could get an exception for F1 to F4 papers.
Cheers.
1) Students may only attempt a maximum of 4 papers per sitting.
2) Yes you may home study using Open Tuition materials as well as purchasing materials from Amazon. However, I believe that it is important to have updated editions of the practice and revision kit (therefore I would recommend purchasing it directly via the website of the tuition provider). Most tuition providers already have the option to purchase home study materials which includes online support from tutors. A lot of students home study using Open Tuition notes and video lectures, combined with official text books and a revision kit.
3) Only F1-F3 modules are multiple choice, which I believe does not concern you as you already said you are exempt from the first 4 papers anyway. Depending on your degree you may be exempt for the first 9 F level papers (leaving you just the P level modules) of ACCA, so I would advise you to check you have claimed all exemption rights. To obtain a pass mark you must get 50% (50 marks out of 100).
Each paper is different in terms of format. For example, F5 (Performance Management) is 50% calculations and 50% theory, whereas some papers such as F6 (Tax) will likely to have more questions of arithmetic.
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