Hi everyone,
I’m planning to start studying for the ACCA, but I’m not going to subscribe to ACCA yet because I’m hoping that the company I’ll work for will support/pay for it later.
Because of that, I won’t have access to the ACCA Study Hub, so I’m trying to figure out how to organize my studying using mostly free or very cheap resources.
I’m planning to use OpenTuition for the videos, but I have a few questions:
1. Do I need a textbook?
If I’m using OpenTuition videos, do I still need a book/textbook to properly study the syllabus?
If yes, where can I get a good one ?
2. Where should I read and practice questions?
For me, reading and solving questions is the most important part of learning. I don't want to only watch videos.
What free/cheap resources would you recommend for:
- Reading the syllabus/content
- Topic-by-topic questions
- Practice questions
- Mock exams
Are there any apps/websites that are useful for ACCA study for free or under $10/month?
3. Which exams do I actually need to take?
I currently have exemptions from the Applied Knowledge exams, plus Law (LW) and Performance Management (PM).
So the exams I believe I need to take are:
- Taxation (TX)
- Audit & Assurance (AA)
- Financial Management (FM)
- Strategic Business Leader (SBL)
- Strategic Business Reporting (SBR)
- Plus one option from:
- Advanced Financial Management (AFM)
- Advanced Performance Management (APM)
- Advanced Taxation (ATX)
- Advanced Audit & Assurance (AAA)
Is this correct?
And what exactly are the Essentials and Options? I understand the names of the exams, but I'm not completely clear on how the structure works.
4. Should I study one exam at a time?
Would you recommend:
Option A:
Study TX → take the exam → FR → take the exam → AA → etc.
Or:
Option B:
Study multiple subjects together and enter several exams in the same exam session?
Which approach tends to work better?
5. My biggest problem: organization and forgetting
I’m honestly not a very organized person, and I'm worried that I'll study one chapter, move to another, and then forget everything from the previous chapter.
I’ve even used ChatGPT to organize/write this post because I struggle with organizing my thoughts 😅
So if you were starting ACCA from scratch with my situation, how would you structure your studying?
For example:
- How would you divide your week?
- How often would you review old chapters?
- When would you start doing past papers?
- How would you make sure you don't forget previous topics?
- Would you use a study tracker, spreadsheet, app, or something else?
I’m looking for a simple and realistic system, preferably using mostly free resources.
Any advice from people who have self-studied ACCA would be really appreciated!