#ACCATutoring

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🚀 Ace Your ACCA Exams with Exam Centre London! 🚀

Are you ready to take your ACCA exams to the next level? At Exam Centre London, we offer the perfect environment and expert support to ensure your success! 💼📈

Our ACCA exam services are designed to cater to your needs, providing you with a comprehensive range of facilities and personalised attention to help you prepare thoroughly and confidently for your upcoming exams. Here's why we stand out:

🎯 Tailored ACCA Exam Preparation – We understand that each student has unique requirements. Our expert tutors provide bespoke support that aligns with your personal learning pace and exam goals. Whether you’re looking for one-on-one tutoring, group sessions, or revision workshops, we’ve got it all covered!

🏅 Modern, Fully Equipped Centres – Our exam centres are equipped with state-of-the-art technology to offer a seamless experience. From comfortable exam rooms to high-speed internet and exam-friendly environments, we ensure that you have everything you need to perform at your best. You’ll never have to worry about distractions – just focus on your exam prep!

💡 Expert Guidance from Industry Professionals – Our tutors are ACCA-qualified, with years of experience in teaching and preparing students for exams. They bring real-world knowledge and insights into their sessions, ensuring you get the best learning experience. They provide strategies, tips, and techniques that will help you tackle even the most challenging ACCA papers.

🗓️ Flexible Timings & Convenient Locations – We know how busy life can be, which is why we offer flexible scheduling to suit your lifestyle. With three convenient locations across London, we make it easy for you to access the support you need, no matter where you are.

✨ Student-Centric Approach – We believe in a student-first approach. Our facilities are designed to provide you with a comfortable, stress-free environment, and we offer continuous support, from initial registration to exam day. We are here to guide you every step of the way.

📊 High Success Rate – Over the years, we’ve helped countless students pass their ACCA exams with flying colours. Our personalised approach, coupled with the latest learning techniques, ensures that students not only pass their exams but excel in them!

If you're looking for a reliable and professional exam centre to help you succeed in your ACCA exams, look no further. We are here to support your journey every step of the way.

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📧 Our Email Address- info@examcentrelondon.co.uk

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📍 Located in London, we’re the go-to centre for students from across the UK, ensuring a smooth, supportive exam experience.

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[accatutor-blog]

How to pass the ACCA exams

‘I know someone with a First from Cambridge who failed all the first stage exams and got sacked’

‘Apparently, each module has the same amount of content as a degree’

‘If you fail an exam 4 times you are barred from ever becoming a chartered accountant’

Anybody thinking about becoming a professional accountant will have heard the horror stories about how tough and time consuming the exams are. It is understandable how students, often from a non-financial background, can become overwhelmed when they are faced with a 500 page textbook full of numbers, formulas and accounting standards, only then to then be told, ‘this is just the first exam’. But as with any significant task in life, breaking it down into manageable chucks, getting the right support and developing effective techniques is the key to success. I speak from experience. Having trained at a Big Four firm, I passed the ACA first time and won prizes for 7 of the 13 exams I sat, including the highest mark in the world for the final Case Study exam. Am I genius? Far from it. Am I am workaholic? Not really, actually if truth be told I’m actually quite lazy. The secret behind it all is effectiveness…

Working full time and studying means time is at a premium, so you need to study effectively i.e. learn as much exam crucial content in as short a time as possible. Exams are incredibly time pressured so you need to answer effectively i.e. write as many mark scoring points is as short a time as possible. In fact, you even need to read the questions effectively, i.e. identify exactly what the examiner wants in as little time as possible.

So what this boils down to is the fact that you need to learn the most examinable parts of each syllabus and have an exam strategy for demonstrating that knowledge as quickly as possible. This firstly requires a rigorous analysis of the syllabus, past exam papers and examiners comments to identify which technical areas study time should be prioritised. Secondly, and more crucially, it requires the creation of exam techniques to enable you to score as many marks as quickly as possible. Fortunately for the new generation of professional accountants, I have already done all the past paper analysis and exam methodology development and the effectiveness of my techniques has not only been proven by the prizes I have won personally, but also by the marks of the students I teach. Through the use of condensed and concentrated technical learning, exam technique improvement, proforma drilling and shortcuts and tips, I have taken students who have failed multiple times to achieve upper quartile grades within a matter of weeks, and remarkably none of my students have failed under my guidance.

The underpinning philosophy is that every student has a unique way of learning and struggles with different aspects and this is what the large scale ’30 in a class’ mass tuition providers fail to account for. Whilst some students can battle through the qualification on their own, others find having a tutor dedicated to them and their needs is priceless. Having an expert structure your tuition in a way to develop your weaknesses, teaching in a manner tailored to how you respond best, adapting your individual writing style and improving your personal learning techniques are just a few of the benefits.

So whether it is just one exam, one stage or the entire qualification that you require guidance for, the guidance of those who have been there, done and got the prizes can be useful source of support through this notoriously tricky journey.

[accatutor-blog]

How to pass Strategic Business Reporting

Of the compulsory ACCA exams, SBR is the paper students find most challenging and pass rates reflect this by frequently being below 50%.  There are several reasons for poor performance in SBR, but the most overwhelming reason is that students do not know the SBR technical content is sufficient depth to be able to answer the challenging, yet very predictable, SBR exam questions.

I coach between 4-8 students for every SBR exam sitting and by developing their technical knowledge and exam technique skills, I have maintained a 98% student pass rate (i.e. nearly all students who have attended all their scheduled classes and completed homework tasks have passed SBR). As the vast majority of my students have failed SBR on a previous attempt with other tuition providers, I have been able to identify the skills they lacked during their previous attempts.

A recurring weakness is that too many students do not have adequate Financial Reporting knowledge. Financial Reporting is a pre-requisite to SBR as both examine your financial reporting skills. The impact of a lack of Financial Reporting knowledge is twofold; firstly, students will lose easy marks when material covered at Financial Reporting comes up in the SBR exam e.g. PPE and secondly, they lack the foundation knowledge on which to build the advanced SBR content. In order to circumvent this, I have included my recommended list of Financial Reporting pre-work at the bottom of the article.  

Even when students are completely up to speed with the assumed Financial Reporting knowledge, there is still a long way to go before they are at the standard required to pass this advanced exam. In terms of the SBR content, it is absolutely crucial that students are competent in application of group accounting concepts. A question on group accounting is guaranteed to be the compulsory question on the paper so inadequate preparation here is going to make it impossible to pass the exam. Students need to be comfortable in dealing with complex group scenarios when preparing consolidated financial statements (including the cash flow statement). Common exam scenarios include an explanation of how to account for step-acquisitions / disposals, foreign subsidiaries, NCI movements, associates / joint ventures and goodwill adjustments. In addition, the examiner is also looking to test the other areas of the SBR syllabus which were not already examined at Financial Reporting, notably share based payments, pensions and deferred tax. I ensure that my students have a deep understanding of all these topics so that they can react to whatever the examiner throws at them on exam day. Having a conceptual awareness of these advanced topics is far better preparation then the ‘this is how to do it if it comes up’ proforma approach taught by large classroom tuition providers.

Once students have deep conceptual understanding of the technical content, attention then needs to be paid to developing exam technique. SBR is a highly time pressured exam and ensuring that you don’t run out of time will enable you to pick up marks across all 4 questions.  I coach my students in an exam technique which allows them to answer each style of question as time efficiently as possible whilst still picking up full marks. This is the same technique which resulted in me scoring 88% in the ACA equivalent of SBR (the ICAEW awarded me a prize for this performance).

In summary, the main 3 reasons why students SBR is due to a lack of brought forward Financial Reporting knowledge, inadequate understanding of the SBR content and inefficient exam technique. In order to combat this, your first port of call is to get up to speed with the Financial Reporting content (detailed below)

SBR pre-work – Financial Reporting content

Anybody sitting SBR should complete the following F7 work before even looking at the SBR material;

Groups

Accounting for a subsidiary – Be able to calculate and understand the concepts behind Goodwill, NCI, Group Retained earnings, Intra group transactions / unrealised profit.

Be able to prepare a Consolidated Income Statement, Statement of Financial Position and Cash Flow.

Assets

PPE / Intangibles – Initial and subsequent measurement.

Accounting for additions, disposals, revaluations, impairments and depreciation.

Other standards

Revenue – IFRS 15 recognition criteria, ‘bundled’ goods and services, financing arrangements

Provisions – IAS37 recognition criteria, common examples (e.g. dismantling provision, redundancy costs, onerous leases)

IAS1 presentation, IAS2 Inventories, Conceptual Framework.

A good way to revise this material is to read, understand and memorise the key definitions in the relevant standard(s) and then work on the practical application by attempting past exam questions on the subject. For example, if you are revising provisions, then you firstly need to memorise the key recognition elements in IAS37 (i.e. a past event which has led to a constructive/legal obligation which will result in an economic outflow and can be measured reliably). Once you understand what all these terms mean, you should then attempt questions to see their practical application. Past Financial Reporting exam papers on the ACCA website are a good source.