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ACCA recommended route

Forums › ACCA Forums › General ACCA Forums › ACCA recommended route

  • This topic has 9 replies, 4 voices, and was last updated 6 years ago by ds3ce.
Viewing 10 posts - 1 through 10 (of 10 total)
  • Author
    Posts
  • June 9, 2018 at 11:54 am #458077
    katalin83
    Participant
    • Topics: 4
    • Replies: 6
    • β˜†

    Hi All,

    I am preparing for the Financial Reporting exam in September however I have not followed the recommended route of the papers. Supposing that I will pass this exam I am wondering which would be the better way to continue with the skills. Go back to Performance Management and follow the recommended order or continue with Audit and Assurance (as I have seen this only can be started after Financial Reporting is passed). Any advice?

    Thanks so much,
    Katalin

    June 9, 2018 at 8:58 pm #458144
    anon100
    Member
    • Topics: 0
    • Replies: 21
    • β˜†

    Hi,

    I think as there are some topical links between F papers it would make sense to follow this approach.

    F8 links in part with F7 & F5 with F9 with F6 a standalone paper.

    Best of luck.

    June 10, 2018 at 11:09 am #458176
    ds3ce
    Member
    • Topics: 8
    • Replies: 151
    • β˜†β˜†

    Szia Katalin,

    Are you Hungarian? πŸ™‚
    It’s not clear form your post exactly which papers have you passed already or got exemptions for and which papers you have left so it’s a bit tricky to advise without knowing the background. After passing p2 advanced corporate reporting (it changes to Strategic Business Reporting from September 2018!), it makes sense to sit p7 whilst you have a fresh knowledge of all IFRSs and IASs.

    For p5 advanced perf management you need P3 Business Analysis knowledge (will be SBL replacing p1 and p3), and F level perf. management knowledge.

    June 10, 2018 at 11:38 am #458179
    katalin83
    Participant
    • Topics: 4
    • Replies: 6
    • β˜†

    Hi ds3ce,

    Yes, I am Hungarian. πŸ™‚
    I am learning the F papers. F1 – F3 exemptions, F4 passed. I have continued with F7 (FR from September) and wondering whether going back to F5 or trying F8 would be better after F7.

    Thanks,
    Katalin

    June 10, 2018 at 7:55 pm #458203
    samirrules
    Participant
    • Topics: 18
    • Replies: 188
    • β˜†β˜†β˜†

    @katalin83 said:
    Hi ds3ce,

    Yes, I am Hungarian. πŸ™‚
    I am learning the F papers. F1 – F3 exemptions, F4 passed. I have continued with F7 (FR from September) and wondering whether going back to F5 or trying F8 would be better after F7.

    Thanks,
    Katalin

    Hi Katalin,
    In general, I think that it makes sense to follow the Acca standard route of f1,f2, f3…. to f9. However, there are a few standalone modules, I.e. F4 which is law which is never needed again. Do you know which options you are likely to take, i.e advanced audit/tax/ financial or performance management. As if you take the prior fundamental module last and then want to sit the advanced module next it makes sense to do this as the advanced module assumes you know all of the prior fundamental modules. I.e. if you want to sit advanced tax, it makes sense to sit f6 last in the fundamental stage and then sit P6 next in the same year so you are working with the same financial act.
    Additionally, all the remaining fundamental do not build on each other like f2 and f5 do or f3 and f7 do. Therefore, the order does not really matter, I would look at your schedule and see how busy you think you will be and plan accordingly. F6 is the biggest syllabus of the remaining modules in the f stage, whilst audit or f5 is probably the smallest syllabus. Therefore, depending on your commitments I would plan accordingly. F5 builds on F2 so if that knowledge is fresh I.e. basic costing techniques and budgeting then makes sense to sit f5 next.
    Therefore, I would sit f5 next but f8 would also make sense.

    I hope that helps,
    Samir

    June 10, 2018 at 10:19 pm #458214
    katalin83
    Participant
    • Topics: 4
    • Replies: 6
    • β˜†

    Hi Samir,

    Thank you very much for your advice, you actually raised really good points. Very useful things to know.

    Regards,
    Katalin

    June 10, 2018 at 11:46 pm #458220
    samirrules
    Participant
    • Topics: 18
    • Replies: 188
    • β˜†β˜†β˜†

    @katalin83 said:
    Hi Samir,

    Thank you very much for your advice, you actually raised really good points. Very useful things to know.

    Regards,
    Katalin

    No problem, if you have any further questions, please ask. I would also recommend looking at technical articles as you progress as often questions are based on these articles.
    Anyway, good luck on your further exams.
    Regards,
    Samir

    June 12, 2018 at 10:56 pm #458532
    ds3ce
    Member
    • Topics: 8
    • Replies: 151
    • β˜†β˜†

    @katalin83 said:
    Hi ds3ce,

    Yes, I am Hungarian. πŸ™‚
    I am learning the F papers. F1 – F3 exemptions, F4 passed. I have continued with F7 (FR from September) and wondering whether going back to F5 or trying F8 would be better after F7.

    Thanks,
    Katalin

    Awesome Katalin, I am Hungarian, too. πŸ™‚ I highly recommend that you supplement your studies with opentuition materials as they are free and they are amazing.

    I cannot advise you on the F papers because I have got an accounting and finance degree from a UK university which gave me 8 exemptions for ACCA. I am already on the professional level exams but if there is anything else I may help with , just let me know.

    Keep going with ACCA, it will be worth it. πŸ™‚ I wish you all the best.

    Szil

    June 13, 2018 at 5:13 pm #458655
    katalin83
    Participant
    • Topics: 4
    • Replies: 6
    • β˜†

    Thank you Szil. πŸ™‚

    June 13, 2018 at 5:14 pm #458656
    ds3ce
    Member
    • Topics: 8
    • Replies: 151
    • β˜†β˜†

    πŸ™‚ <3 <3 πŸ™‚ Szivesen. Very welcome.

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