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I failed my AAA paper for the 5th time in June 2021. I feel very disappointed at getting very low scored in all my 5 attempts, my last score was just 26. I feel I lack a lot of knowledge of AA since I took exemptions for the skill level papers and I attempted SBR in December 2019. Could someone give some tips on how to study and effectively pass AAA? Thanks.
I suggest you start with the “sticky” posts at the top of the AAA forum (i.e. the ones with yellow stars) https://opentuition.com/forum/acca-forums/aaa-advanced-audit-and-assurance-forums – where you will find links to useful posts like “How I passed AAA at 3rd attempt 73%” and essential resources.
AAA doesn’t connect to AA too much but SBR. You should make yourself understand and familiar with accounting standards.
Reviewing past papers is a good technique. The sample answer is very long but you don’t need to answer the exam question as the sample papers. Make sure you review and study at least 10 past papers, list all accounting standards tested, how describe it in past paper. understand it. There is certain way to answer Q1 regard ROMM, BR.
Read AAA forum for more exam techniques
If you still struggle with AAA, maybe you should think other option papers.
good luck and All the best
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