“LEARN BEFORE YOU LEAP: ACCA MISTAKES TO AVOID IN SRI LANKA”
ACCA aspirants tend to make some mistakes that can seem minor but have a huge impact on their overall performance. These mistakes occur because of the lack of proper academic assistance and guidance; not many people are efficient enough to understand the effective ACCA pathway. Hence, in such situations, they are most likely to make ACCA mistakes in Sri Lanka, which can hinder their efforts to achieve academic and career goals. You can, however, go for academic guidance and support from a mentor or a tutor, but that will still not serve the purpose completely. As there are some changes that only you can notice in your study routine, patterns, and preferences, you should start working on them to make them better.
Unaware of these mistakes that can have such a negative effect on your academic growth? Nothing to worry about, to disclose these mistakes and suggest effective ways to avoid them, we came up with this comprehensive guide that will prove to be quite beneficial for the aspirants and students of ACCA in Sri Lanka.
COMMON ACCA MISTAKES IN SRI LANKA:
Here are some of the most frequent ACCA mistakes in Sri Lanka made by students consciously or unconsciously.
1: UNDERESTIMATING THE COMMITMENT:
Taking the studies lightly can be your biggest mistake; don’t take ACCA as a regular degree, as it requires double the hard work, commitment, and consistency. It is a globally recognized qualification known for its challenging course content; this qualification covers the most complex areas in the most comprehensive manner, so that students have all the knowledge and skills required to serve in the relevant professional role. One of the common ACCA mistakes in Sri Lanka is treating the qualification like a traditional accounting degree, while this one requires a realistic study plan and determination.
2: CHOOSING THE WRONG ACADEMIC SUPPORT:
Never pursue an institute solely based on its popularity; instead, prioritize the quality of education and the reliability of the support they provide. ACCA gives you much flexibility when it comes to choosing your study partner, pattern, or route; use that opportunity very wisely. A tuition provider plays a major role in an aspirant’s life, and that too for such a challenging qualification. Hence, before investing your time, money, and energy in collaborating with an unprofessional academic support, go for an ACCA-approved institute that has experienced faculty and effective study resources.
3: POOR TIME MANAGEMENT:
One of the top ACCA mistakes in Sri Lanka is that students are unable to understand how much impact time management can have on their ACCA studies. Do not leave your ACCA exam preparation for last-minute thinking; you can cover the whole syllabus in a couple of days. The curriculum is lengthy and complex; last-minute preparation will not help but create more chaos and misconceptions in your mind. It is advised to focus on efficient time management; you can create a weekly study plan and be consistent with it.
4: FOCUSING ON THEORY AND IGNORING PRACTICE:
Unlike many qualifications, ACCA doesn’t focus completely on theories; it teaches theory just to clear your concepts. ACCA teaches you the skills to incorporate the learnt theory in real-world scenarios and generate effective results. This is how they examine your skills and knowledge; to be best at it, cramming won’t help at all; instead, constant practice will be needed. Hence, to avoid such ACCA mistakes in Sri Lanka, you should make a habit of leveraging practice questions and mock exams.
5: OVERLOOKING COMMUNICATION SKILLS:
ACCA courses in Sri Lanka are completely based on the English language; not only that, the exam focuses on how you structure your answer and address the said problem. On the other hand, students make common ACCA mistakes in Sri Lanka by completely ignoring the importance of English proficiency and communication skills. Remember that poor communication skills and structuring can become the reason for bad academic results.
6: DELAYING PER:
PER (Practical experience requirement) is a mandatory requirement that should not be delayed for whatever reason; the longer you delay beginning work on it, the longer it will hold up your membership process. Hence, don’t wait for exams to be completed to start this; instead, focus on both factors alongside.
CONCLUSION:
These were some of the common ACCA mistakes in Sri Lanka that students tend to make as they usually lack the guidance and support required to ace such complex exams. Make sure you incorporate all these suggestions and tips during your ACCA courses in Sri Lanka to perform to the best of your capabilities.
FREQUENTLY ASKED QUESTIONS:
Q1: What is the easiest way to enroll in the ACCA qualification?
Ans: The registration process of ACCA is quite easy; you just need to visit the official website of ACCA Global, create an account on MyACCA, fill out the registration application form along with the required documents, and pay the registration fee.
Q2: Does doing ACCA completely online affect my academic results negatively?
Ans: No, if you are good at time management, self-disciplined, consistent, and prefer self-paced study, then online studies are all that you can wish for.
Q3: What are the ACCA exams’ passing rates globally?
Ans: Global passing rates for ACCA exams are different for each academic level; the average passing rate for Applied knowledge modules is 65 to 85%, the estimated rate for Applied skills modules is 45 to 55%, and for strategic professional modules, the estimated passing rate is 35 to 50%.
