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@laura93 said:
Congrats to those who have passed P1. I am going to sit for P1 exam in this June session. Can you guys please offer me some “tips” or advice on how to pass it? Thanks 🙂I think the key to passing P1 is practicing past papers. After you feel comfortable with the syllabus get straight into past paper questions. At first they may seem intimidating, but the more questions you solve the more confident you will feel. Once you’ve done a few questions start timing yourself. The best way to pass P1 (or any exam for that matter) is to complete the whole paper as it increases your chances. By the end of your revision you should be completing Section A questions in 90 minutes and each Section B question in 45 minutes. Once the 90 minutes are up, leave what your doing and move on, to ensure that you’ve attempted each question. Another useful tip is to keep your answers straight and to the point. Each correct point scores you 1 mark, so there is no point in repeating yourself as you will be wasting valuable time. Also, try to relate to the cases and think, “what would I do in this situation?”. In my opinion many parts of the syllabus are common sense, so use your logic when answering the questions. Most importantly study and practice as often as you can. Just an hour a day can go a long way, with 2-6 hours on the weekends (depending on your schedule) and always make your own notes. I followed this method for P1, which was my first ACCA exam and scored 62. Hope this helps 🙂
Hi,
You do not need work experience in order to start studying the ACCA, however once you have completed the exams, in order to become a member you need to complete 3 years of PER (Practical Experience Requirement).
The cost of passing 14 exams depends on whether you will be studying by yourself or through a learning provider. If you are studying by yourself then you could either use the notes provided from opentuition.com for free, or purchase books from Kaplan or BPP (these 2 are mostly recommended) which usually cost between 30-40 euro. You would also have to register with the ACCA and pay an annual subscription fee each year (I think its around 80 euro but not sure) and of course pay for the exam. Depending on the module exam prices vary from 80-130.
If you choose to study with a learning provider then obviously it is a more expensive option, fees in Cyprus are around 800 euro (F1-F4), 1000 euro (F5-F9) 1250 euro (P1-P7). You would attend classes and they will provide you will all the notes that you need and usually give you a revision book.
Again the prices I’m giving you are just a rough estimate.
I hope this has been helpful.