Fnst exam tommorrow evening any tips or advice?

nicd1981

Hi all, my exam is at 6pm tommorrow and as its the last day of the month i cannot leave work early or take study leave.
Ill be revising all night , any tips as i am definitely still struggling to learn the IAS and IFRS
Any comments on questions on the recent exams being sat that i can swot up on?
Im not as down as i was last couple of weeks with this exam but think if i wake up tommorrow and cant remember everything ill have to cancel sitting the exam and book for a couple of weeks.
Thanks in adance
Nicola x

Steve Collings

I think it's important to keep positive - you've done the revising and sometimes I think students can do too much revision which is when you get mind blanks. Don't think you have to learn all the standards inside out and back to front, you don't! You will only need a basic grasp of what they are trying to achieve. Keeping a positive attitude definitely helps.

I would also advise you don't revise all night. Sometimes this is grossly counter-productive! Don't cancel the exam tomorrow - you've booked and paid for it, so go and do it and then forget about it for a few weeks. Take it easy tonight, go through your notes etc but don't do any "hardcore" revision as you need to be alert tomorrow evening to do the exam.

Keep calm! It's only an exam at the end of the day

Good luck
Steve

nicd1981

Hi Steve,


Thanks for your advice , but i still need to do alot of practice papers, ive been so busy in the current weeks and im still not getting my calculations perfect. Keep making silly mistakes and i think if i email my tutor one more time he may want to murder me!! haha
You are right, i will sit the exam, if i fail at least ill know what to expect and theres nothing to stop me still revising the subject once ive sat the exam.
Only Credit management and tax left and we are done , think this is whats brought the panic on

Thanks again
nic xx

Steve Collings

The end is in sight Nic!! Keep going and then you're qualified!!

Worst case scenario, as you say, you might fail, but if you do you have an idea what to expect! I've met many, many students who have sat the old DFS who were convinced they had failed, yet passed it!

When I did my ACCA exams, I remember sitting the old paper 3.2 which is now P6 (advanced tax). In "my day" you could sign your answer script booklet if you genuinely felt you couldn't do the paper justice and didn't want it marked. I remember sitting that paper thinking I had made a complete horlicks of it and very, very nearly signed the box because I was convinced I had failed - but I passed it with a mark in the 70's!!

That is living proof that you can never judge your performance in an exam. I also mark exams for a certain professional body and can honestly tell you that marking is not as black and white as many students think!

Good luck
Steve

guinea pig

Good luck Nic,
I've got my, hopefully, last exam this week, and have struggled to get time off, as its the beginning of the month. Sometimes the more practice I do, the more I get brain fog and panic! This afternoon I got cross with the Greenlight questions, which I got wrong - I found that I'd given the answers to two decimal places, instead of rounding up - how frustrating would it be to fail on a silly mistake like that? I have to keep telling myself to read the questions carefully.
So think positive - we're nearly there!
GP

nicd1981

Thanks guys,

ive finally passed one of the practice online exams,
they obviously dont mark the writen sections but that means i am at least getting most of the calculations correct

Goodluck guinea pig, cant beleive theyd take the whole mark away for the decimal places, my problem with this is that sometimes i just dont read the questions properly, always rushing to put my answer!!

And steve, when i started AAT i thought id be able to go all the way as long as i worked hard and put the hours in- now ive studied FNPF and FNST i honestly dont think i could ever go on to do CIMA or ACCA its too much with kids and work

I know theres hundreds of other lone parents working and studying and im not trying to play on that im just coming to the conclusion that somethings gotta give and if i cant manage to fit it all in on level 4 AAT what hope would i have with them massive text books for CIMA ??

anyway thanks for your advice, and i wish id bought one of your standards boooks when i started studying, the kaplan book i bought doesnt say anywhere near enough of what ill need tommorrow xx

nic x