Saturday, July 14, 2012

ACCA F1 Accountant in Business Study Text & Exam Kit

ACCA has many of their learning partners who provides the best conceptual building theoretical material and exam practice questions.BPP, KAPLAN, & GTG are some the good learning material providers. The entire above are best but BPP considered superior by the most the students because of its extensive information.

All the learning material providers normally two books for the paper guide Study text in which the basics concepts and under lying theories are discussed and the other is Exam Practice Kit in which exam level practice questions are available. The students must read the study guide thoroughly and practice the exam kit vitally before the exams.

ACCA F1 Accountant in Business Working Mocks

F1 Accountant in Business in the beginning of the ACCA Fundamentals – Knowledge Level, and consist of lots of management system exists in the business environment. These systems are managed and controlled by the management of the organization by their different roles and responsibilities. In this paper the examiner will often test the students by giving those questions from every part of the exam guide, so it means that every single topic of this paper is equal in priority and hence no selective study.

When preparing for the paper candidates must revise all the topic areas and practice the exam questions as many as possible because it will give a certainty of the shape of the question that could be tested through the exam. Candidates should also practice exam mocks in proper exam conditions. Attempting mock paper in exam condition means that candidates should set their 2 hours to any of the hours in a day with their comfortable time, and attempt the mock paper in the restricted time and then check the accuracy of the questions after that they will see their weaknesses and time pitfalls, so ultimately gives pre-exam experience for F1 and will not a big deal in the real exam.

ACCA F1 Accountant in Business Practice Questions

F1 Accountant in Business is the first paper of the ACCA Fundamental – Knowledge Level. This paper is based on the basic knowledge, concepts and theories of the organizational management. In this paper the examiner will tests a candidate with management techniques commonly used in the organization and specific focus on the role of the accountant in the business environment. The Paper consists of 50 MCQ’s (Multiple Choice Questions) each carrying 2 marks. The paper can be attempted VIA CBE – Computer based Exam by most of the candidates. The paper can also be attempted manually in June and December attempt only although the CBE exam can be attempted any month of the year.

As said earlier that this paper contains 50 questions each with 2 marks, so candidates must consider practicing exam level question as more as possible. Practice question can be acquired by the ACCA website or some their learning partners who provides complete questions relevant to the ACCA F1 and their solutions. One thing while practicing ACCA F1 practice questions that the candidates should consider is do not move to the solutions until you have complete the answer in full, this will weaker the concepts and makes candidates under-prepared for the some of the questions.

Saturday, July 7, 2012

ICAP ordered to Cease Recruiting ACCA in Pakistan

ICAP – Institute of Chartered Accountants of Pakistan recently issued a notice to accountancy and audit firms in Pakistan not to recruit employees with international accountancy bodies, Foreign accountancy bodies including ACCA, CIMA and ICAEW. This creates a strong negative impact on the foreign accountancy bodies’ students in Pakistan against the unfair decision of ICAP.