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Query regarding the How to start ACCA Preparation.

Forums › ACCA Forums › General ACCA Forums › Query regarding the How to start ACCA Preparation.

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by Kim Smith.
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  • January 19, 2022 at 6:10 pm #647048
    bharathkumar
    Member
    • Topics: 2
    • Replies: 0
    • ☆

    Sir,

    I was a Qualified Chartered Accountant (India). I don’t have IND AS and IFRS Knowledge when I cleared my CA. What is the best course of action for me to start preparation for ACCA examination.

    Should I read all Indian accounting standards and IFRS before starting ACCA or should I directly start reading Study text and practice revision kit ?

    Kindly suggest me at the earliest sir, so that I can start the preparation.

    January 19, 2022 at 7:05 pm #647052
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8305
    • ☆☆☆☆☆

    Welcome to OpenTuition!

    You don’t say what exemptions you have – which is a significant factor in starting out on ACCA https://opentuition.com/acca/plan-your-acca-exam-journey

    Assuming that you are exempt the Applied Knowledge exams and some of the Applied Skills exams, you will need to start with any outstanding Applied Skills exams before you embark on Strategic Professional Essentials and Options exams.

    ACCA exams are “driven” by the learning outcomes “LOs” of the syllabus – not by the “examinable documents” (e.g. IFRS, ISAs, etc) – exam docs are only examinable to the extent that they are relevant to LOs. So you should not waste your time studying standards as published by a standard-setter – but get stuck in to materials and resources that are produced specifically for the ACCA syllabus – such as those that you will find on this website – also a current Revision Kit published by an Approved Content Provider

    If you go to ACCA’s Student VLC https://studentvirtuallearn.accaglobal.com (very simple registration), you can select what might be your first ACCA exam and test yourself using the quizzes in the “Get Ready …” section.

    I see now that you have posted the same question to the SBR forum – please see the rules of the forum https://opentuition.com/forums/forum-rules – you do not need to “cross post” (i.e. duplicate).

    If you decide to start with SBR but are exempt FR you should be prepared to refer back to FR notes and lectures to fill in any gaps in assumed knowledge and skills.

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