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A smart student liked you is better to know what it is and plan to have a higher chance to
pass the exams when you practice past papers.
Did you get advice from ACCA on how to plan your exam?
Don’t worry, I will help you to understand of what are new and differences from existing
exams in this article.
In addition, advices are given to you to plan for your ACCA exam.
Even you haven’t read this, the key message from the director during interview was a
research report done in 2014 showed “The result is strategic, forward-thinking professionals
equipped with the unique blend of skills needed to hit the ground running”.
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5/20/2020 ACCA Exam Structure Evolution on Sep 18: Advice that you can't miss
To echo the market needs, ACCA decided to have a change and the strategic professional
level to be benchmarked at Master’s level on a number of education frameworks.
Maybe you know it, but better to repeat here, effective from Sep 2018 sitting, all module titles
will be changed.
Both Applied Knowledge Module and Applied Skills Module exam structure and content will
not be changed significantly.
Instead, exam names reflect the subject replace the codes, e.g. F9 is replaced by Financial
Management.
However, I am surprised to see a change in ACCA’s attitude on it from its latest exam
guideline.
In ACCA latest Strategic Business Leader materials published, it indicates the paper
abbreviations for both Applied Skills Module and Strategic Professional Module.
Examples include PM (Performance Management, i.e. F5), AA (Audit and Assurance, i.e.
F8), SBL (Strategic Business Leader) and AFM (Advanced Financial Management).
From remembering the word plus number, now you need to memorize those words.
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5/20/2020 ACCA Exam Structure Evolution on Sep 18: Advice that you can't miss
However, not all published materials show the change. I will update you once if there is any
news released by ACCA on it.
Total papers to be attempted in Strategic Professional Module are 4 now, reduced from 5 in
current professional module.
However, you have to pay attention that if you are currently taking either P1 or P3, you have
to pass both instead of taking new Strategic Business Leader paper.
Richard Clarke, who was a Director at BPP responsible for training all of their tutors
worldwide on how to teach, in his blog said you are losing that pass if you cannot pass both
before Sep 18.
If you haven’t passed either P1 or P3 and you would like to attempt 1 essential paper in
March 18 or June 18, ACCA reminds you must be very cautious in choosing which paper to
attempt.
You are encouraged to check how are the changes affecting your studies on ACCA website.
Link to ACCA website to check how are the changes affecting you.
ACCA would show you any impact from new exam structure on you (picture below).
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5/20/2020 ACCA Exam Structure Evolution on Sep 18: Advice that you can't miss
If you haven’t passed any P1 or P3 now, ACCA suggest you should consider taking P2 or
the Options exams first.
From your perspective, the change to all questions are compulsory is the biggest news ever.
Except for Strategic Business Leader, all other papers in this module will have 2 sections
and all questions in each section have to been answered.
Currently, you are offered choices in Section B (e.g. P4, Advanced Financial Management).
P4 Examiner said students are generally choosing advanced investment appraisal and
advanced risk management in Section B.
It is not surprised students select topics that have higher chance to be in ACCA exam.
Focusing on selected areas is probably their way to increase the chance to pass.
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5/20/2020 ACCA Exam Structure Evolution on Sep 18: Advice that you can't miss
That is why some of the students not studying the whole syllabus.
However, this tactic is no more effective while all questions are compulsory to be answered.
5. Professional Marks
Except for Strategic Business Leader, all other Strategic Professional papers questions
contain 4 professional marks. It is no change from current structure.
If you plan to take Strategic Business Leader in Sep 18 or after, please note that there are 20
professional marks assigned.
Surprised?
Yes, I am.
With such heavy weight in professional marks, you are suggested to practice more on
professional writing in order to familiarize with it.
In addition, the fundamental knowledge of Strategic Business Leader is widely covered from
prior exams.
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5/20/2020 ACCA Exam Structure Evolution on Sep 18: Advice that you can't miss
It has broader syllabus than other exams at the professional qualifying level.
Since the exam is an integrated one with substantial use of professional as well as technical
skills, you need to prepare the exam longer than other exams.
Here is the extract from ACCA on the recommendations to study Strategic Business Leader
–
Conclusion
From Sep 18, the new ACCA exam structure will be effective.
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5/20/2020 ACCA Exam Structure Evolution on Sep 18: Advice that you can't miss
In other words, there are only 2 sittings with current format, i.e. March 18 and June 18,
remaining for you.
If you are planning to take professional module papers in next 2 sittings, you are carefully to
consider how the new structure may impact on you.
If you haven’t completed either P1 or P3 before March 18, you can go to P2 or other optional
papers to avoid any risk of losing any pass (if you only pass either P1 or P3 before Sep 18).
The tactic to focus on selected areas on current exam structure may be not applicable.
4 professional marks for all Strategic Professional papers, except Strategic Business Leader.
20 professional marks for Strategic Business Leader and a broader syllabus as compared to
other papers in the same module.
ACCA suggests 50% more of studying time for Strategic Business Leader than normally
required for other exams in this level.
If you have any questions on the topics discussed above, just leave your comment below
and I am glad to answer you.
#ACCA
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5/20/2020 ACCA Exam Structure Evolution on Sep 18: Advice that you can't miss
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