Motivation to complete ACCA

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TENISONSCARIA
TENISONSCARIA Registered Posts: 4
Hi
I have been a member of AAT for around seven years now and I am 48, worked in different roles and now working as an accountant in a medium sized company; I did a few papers of ACCA during this period (I still have to do F6,F7&F8 and all P papers.)My problem is I an not find enough motivation now to continue my ACCA.Is there any one there who had gone through similar experience or anyone could give some practical wisdom .It would be great help and will be much appreciated.
Thanks

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  • DavidMike
    DavidMike Registered Posts: 5
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    Hi
    I have been a member of AAT for around seven years now and I am 48, worked in different roles and now working as an accountant in a medium sized company; I did a few papers of ACCA during this period (I still have to do F6,F7&F8 and all P papers.)My problem is I an not find enough motivation now to continue my ACCA.Is there any one there who had gone through similar experience or anyone could give some practical wisdom .It would be great help and will be much appreciated.
    Thanks

    Hi
    What kind of motivation do you need? If you want to grab more opportunities and grow then definitely you need to have strong commitment to learn more and get certifications.
    ACCA is always the best career growing course/certification. Recently I read the same query about ACCA P2. She was in confuse and fear to take up the upcoming P2 exam due to lack of preparation plan. I suggested her to allocate 200-220 hours for preparation from her 60days. Finally, the zeal you need to have to get anything in life. Never stop your learning till you reach the goals & dreams
  • stevesmiths
    stevesmiths Registered Posts: 25
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    Hi
    I don't think age will stop motivating yourself , you are just 48 you can achieve many things in reaching goals, and main thing you are left with only few papers and i don't think being an accountant and being a member of AAT it is not much difficult in clearing those papers, just believe in yourself.
    All the best.
  • TENISONSCARIA
    TENISONSCARIA Registered Posts: 4
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    Thanks a lot David Mike ;much appreciated. My problems are 1. Loosing what they say ;"grit". 2. My inability to cope with several pressures(job, family and social ) and it could be as well that attitude "ok ,you are earning for a living, why to take more trouble ".The idea of spending steadily an average 3 hours a day is a very good idea. Thanks a lot
  • TENISONSCARIA
    TENISONSCARIA Registered Posts: 4
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    Stevesmiths, thanks a lot for your good and encouraging words, I am seriously thinking about doing at least two papers this year.
  • stevesmiths
    stevesmiths Registered Posts: 25
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    Stevesmiths, thanks a lot for your good and encouraging words, I am seriously thinking about doing at least two papers this year.

    Hi Tensionscaria, Thanks for your reply,hope you will rock the two papers
  • reader
    reader Registered Posts: 1,029 Beyond epic contributor 🧙‍♂️
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    Don't worry about completing ACCA, just take 1 paper at a time, starting with F6. Do it in your spare time for fun. If you end up completing ACCA then great (if you don't at least you would have learnt something from doing the exams that you did complete, e.g. F4, F5, etc). To be honest, sounds like a win-win situation.
  • TENISONSCARIA
    TENISONSCARIA Registered Posts: 4
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    Hi Reader, that's what I think I am going to do. One at a time. Thanks
  • DavidMike
    DavidMike Registered Posts: 5
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    Thanks a lot David Mike ;much appreciated. My problems are 1. Loosing what they say ;"grit". 2. My inability to cope with several pressures(job, family and social ) and it could be as well that attitude "ok ,you are earning for a living, why to take more trouble ".The idea of spending steadily an average 3 hours a day is a very good idea. Thanks a lot

    I agree. You might have pressure in balancing the professional life & personal life. But if you want to do something to grow yourself as a family, then find the best time to learn. One thing I want to share is without a trouble we cannot reach higher levels in life(No pain-No gain). I was reading threads in another forum and found an interesting story of "victornewman" about ACCA. I want to share it for you.

    ------------Journey of victornewman with ACCA----------------
    I just wanted to share my ACCA experience. I took 11 exams from September 2016 to June 2017. I have been unemployed for two years in London, I decided to convert myself to accounting. I studied full time, alongside short term jobs to pay for the rent (estate agent on Saturdays, French teacher one to one etc.).
    In September I took F4, F5, F6, F9. F4 was tricky despite its high pass rate and I scored less than I anticipated, as a French the English law system is a bit obscure. I spent more time than expected to prepare it, don’t get fooled by its high pass rates. I enjoyed F5 and found it easy, the easiest of all exams indeed. I spent most of my time studying F6 and scored 86%, I really spent hours on it. With P2 and P5 it is the one I spent the most time to study. I neglected F9 and I got surprised by very theoretical questions, I managed to pass with a poor score for a CFA charterholder.
    In December I took F7, F8 and P4. I enjoyed F7 and scored in the mid eighties. F8 was a nightmare, I have never done any audit but managed to pass in the high fifties. I was not sure what the examiner wanted, describing processes (e.g. paying cash in a shop) sounds awkward to me. Regarding P4 I panicked on a swap of currencies, 25% of the exam and believed I completely failed it, aiming for 35-40% in addition my priority was to complete the Fundamental serie. I got surprised to get 60%, my highest score in Professional exams. It is the only exam I really panicked, sweated, starring at the clock! Overall I scored 73% in Fundamental exams with three exams above 80%. Then things became much more difficult.
    In March I took P1-P2-P3. I was disappointed by my scores in P1 and P3 in the high fifities as the exam contained no surprise and I enjoyed the questions (yeap, I am a bit geeky). Regarding P2, when I sat at the exam I understood I registered for the UK version! I knew nothing about F101 rules etc. It was a bad surprise but I manage to pass. Lastly in June I took P5. I spent many hours of study on it, as it was the last exam. I did not want to fail it. I also wanted to have first pass for all my exams. The day of the exam, I sat at my table and I pinched a nerve. I ran to the exit to get fresh air but I fainted! A fuse of the body when the pain becomes too intense. The paramedic wanted me to go to the hospital, I managed to crawl back to my seat with 2h30 left only out of 3h15. My back was extremely painful and blocked and I could not get aspirin from the paramedic. I could not concentrate on the questions and entered automatic mode, just reading the questions and hardly reading the two pages of case studies. The exam was very unusual, I was lucky as F5 and P3 were still fresh. I managed to pass! This exam is doomed, I don’t recommend P5, I felt the book (Kaplan) was easy and did not learn much. However the marking seems to be harsh and I would take P6 instead if I had failed it.

    Takeaways:
    Avoid P5
    Big drop in scores from F (73% average) to P (57%)
    Take two exams at a time maximum if you work
    If you panic, breath and think survival and aim for easy points, one here, two there, it adds up! Don’t stress too much, if you fail, you can take it again next quarter.
    If you think it is a fail during the exam, aim for the highest score as it will be a benchmark later when you take it again and will motivate you.
    Read questions first, and twice. Understand what is asked. Focus on the question.
    Don’t try to be original, focus on past exams.
    Thank you opentuition, when I get a job I will make a donation,thanks a lot to tutors, Thanks for other students for their opinions and experiences.
    Don’t waste money on classes, buy Kaplan books, redo past exams of the last three years.
    Thanks invigilators at ExCel for their help in June! My back is fine now. I am using my free time for sport now (and to improve my German, due to Brexit and relocation).
    I rushed through the exams, being under-employed. Go at your own speed. Don’t get sick of it!

    Bonne chance!
    Ref:https://opentuition.com/topic/my-acca-journey/


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