This guide on preparing for the ACCA F1 Exm provides you with all the information you need to succeed on your first attempt if you’re wondering how to succeed in the ACCA Accountant in Business exam. Read more
Business and Technology (BT/F1) is one of the exams at the ACCA knowledge level. The ACCA BT (F1) evaluation will show you how to conduct a business ethically, successfully, and efficiently and how significant finance professionals are to accomplishing these objectives. Candidates will have an understanding of business and its surroundings, including the influences of the economy, law, and regulations on elements like governance, employment, health and safety, data protection, and security.
Syllabus Areas for the ACCA (F1) exam:
- The structure of the organization and the company
- Ethics and the environment outside
- Social responsibility and government
- Internal financial control, accounting systems, and reporting procedures
- Managing and directing people and teams
- Communication and personal effectiveness
Using a two-hour computer-based exam, the syllabus is evaluated. Questions will evaluate every aspect of the curriculum and test students’ knowledge, comprehension, and application of that information. There will be two portions to the test. 30 objective questions for two marks will be in Section A, along with 16 questions worth one mark. Six four-mark multi-task questions in Section B will each focus on one of the six major topics covered in the syllabus.
The ACCA BT (F1) exam is available 365 days a year and is an on-demand exam, allowing candidates to select the date they want to take it.
Study Tips on How to Prepare for the ACCA F1 Exam
A number of these suggestions will keep coming up as you study for your ACCA. You’ll find your route to full ACCA qualification considerably less stressful if you adopt them now and establish the right behaviors from ACCA Accountant in Business onward.
- Leave earlier than planned: Don’t underestimate ACCA Accountant in Business just because it’s one of the simpler papers, as we’ve already stated. Still, it isn’t “easy”. Students leaving too little time for study is one way this mindset is displayed. You must allow adequate time for study if you want to pass the ACCA Accountant in Business exam the first time. We typically advise dedicating 12 weeks to each paper, completing at least some research each day.
- Avoid combining papers: You could be tempted to take two exams at once if you incorrectly believe that ACCA Accounting in Business will be simple. You tell yourself, “I’ll pass both now and get closer to earning my full ACCA qualification.” Since the ACCA currently offers four sittings annually, we advise students to take one paper at a time. That method is, in our opinion, the quickest and least demanding way to pass the ACCA Accountant in Business exam.
- Study the entire syllabus: The questions in ACCA Accountants in Business are created to test you across the full range of the course’s extensive syllabus. You run the risk of receiving lower grades on the test if you don’t complete the entire syllabus during your study time. When many students pass with scores of 50, 51, and 52, those marks may mean the difference between passing and failing the ACCA Accountant in Business exam.
- Make a study schedule: The easiest method to keep your study schedule on track is to make a study plan that outlines which ACCA Accountant in Business topics you should concentrate on and when. This will ensure you don’t run out of time and give you the assurance that you’re covering all the information.
- Test yourself: Practice questions are a part of self-testing, but you can also assess your knowledge by having a buddy listen to you describe your notes to them rather than reading them, or by hiding your flashcards and seeing whether you can recall the information on them. Of course, if you’re a LearnSignal student (and you should be! ), we also provide a ton of practice questions along with quizzes following each revision video. (How to maximize your LearnSignal membership is provided here.)
- Recognize your learning style: Everybody learns differently. Understanding your learning style and creating study sessions that are effective for you is a good habit to develop for ACCA Accountant in Business and the rest of your tests.
- Establish a classroom setting: While some people prefer to study at coffee shops, others require the quiet of a library. Different people respond to different things. However, there are a few guidelines you should follow to create a space where you can study ACCA Accountants in Business effectively and increase your chances of passing.
Last Verdict – Get the Right Support
Hopefully, you find this blog interesting and informative. Visit our website frequently to read such amazing content. Get professional guidance at Mirchawala’s Hub of Accounting. It is an ACCA Gold-Approved Learning Provider, so you can be assured that you’re getting the best standard of teaching.