Conclusion:
‘Accountant in Business’ is an
introductory paper, testing many diverse subjects topics. However,
the most effective approach is to acquire a broad but relatively shallow knowledge and understanding
of as many subjects as possible. The topics examined in the paper do not require a detailed
knowledge, so it is best practice to pursue a general understanding of as many topics as possible.
Candidates should be aware that the paper is designed to enable a well-prepared candidate to pass.
However, it should also be understood that the paper does require formal study, and it must be
stressed that few questions will have ‘obvious’ answers.
Candidates are encouraged to read each question very carefully, and to read a question more than
once if there is any uncertainty about the requirement. However, this must be balanced against the
need to attempt all questions in the available time. A prepared candidate will know at least some of
Examiner’s report – BT/FBT Sept 19 to Aug 20
8
the correct answers almost immediately, in which case they will be able
to secure a good proportion
of the available marks relatively quickly. Candidates are assured that there are no ‘trick’ questions.
For most candidates, the best practice in preparation for the examination is to apportion time equally
between the six parts of the syllabus, but perhaps to devote a little more
time to the theories and
concepts that are more difficulty to memorise or understand. A proven technique for increasing
proficiency in answering questions is to attempt practice questions in advance. A specimen paper is
available on the ACCA website and examination/practice and revision kits are readily available from
accredited learning providers.
Time management appears not to be a major problem when sitting this paper, but time management
is nonetheless important. As the examination is computer-based, it is possible for a candidate to
move through the questions quickly, answering those
for which the answer is known, returning later
to questions which require more thought. If a question
is especially difficult, one technique is to
attempt to eliminate the least likely choices, leaving less alternatives from which
to decide on the
most plausible answer.
