| I think this was my only exam paper, during my | | | | concise account, to express the answers |
| path to obtain an accountancy qualification, which I | | | | concisely and succinctly. |
| am very proud of. I have never enjoyed an | | | | |
| exam so much in my entire life! As a matter of | | | | - To analyze means a separation into elements or |
| fact, I even bought myself a new jacket before | | | | component parts, to take apart and discover the |
| going for it – perhaps I was well prepared or | | | | general principles underlying a phenomena. To |
| just overly confident. But that confidence was all | | | | identify is to ascertain, diagnose or to pinpoint an |
| because of my teacher, I love him for his help, | | | | issue. |
| and through him I started to learn the tactics of | | | | |
| tackling ACCA papers (that I will share with you in | | | | |
| my later articles I hope). I was fortunate to grasp | | | | - Explain is a common term that appears in ACCA |
| these methods, before my ACCA qualification | | | | examinations. Here, students are required to |
| was complete, thus relieving me of much pain and | | | | make plain (that is to make something easily |
| struggle, which most students are prone to along | | | | understood) or interpret the meaning of a |
| their professional course. | | | | particular idea. |
| I was not a place winner of this paper, nor do I | | | | |
| claim that I am the only source of knowledge and | | | | |
| guidance for this exam (I'm prone to make | | | | In addition to an understanding of the terms used |
| mistakes myself) but with a score above 90, with | | | | in ACCA exams, please do not forget to attempt |
| just two months of studying and with 5 papers, | | | | suitable ACCA past papers, or ACCA practice |
| it's a great deal for me, at least. I hope my own | | | | materials ( is an accountancy publisher who |
| lessons can help you now. | | | | provides low cost, yet extensive ACCA practice |
| Paper T7 mainly focuses on a student's ability to | | | | papers and ACCA revision aids for various |
| analyze. The majority of students at this stage | | | | subjects… and are bringing out even more – |
| fail to understand the terms used in exams. | | | | register with them for updates!). You have to |
| There are many terms, but as far as this paper | | | | write down the answers during your practice and |
| is concerned, the following should be useful: | | | | the best suggestion is to arrange an experienced |
| - The difference between describe and discuss is | | | | person to recheck the structure of your language. |
| often confusing. ACCA students asked "to | | | | If you do not have anyone, then please read the |
| describe" must give an account of something (in | | | | suggested answer, as should be provided in your |
| words), a narration; on the other hand "to discuss" | | | | ACCA study text. |
| is to examine in detail, to debate, to sift (that is | | | | Paper T7 is more about theoretical discussion than |
| to separate in to different parts) and to | | | | just simply producing calculations. And believe me, |
| ‘make known'. | | | | if you have a firm grip on discussion area, ACCA |
| | | | | is relatively easy for you. So, the only solution is |
| - Students asked to define must fix the meaning | | | | to write, write and write. When you start this |
| of a term, to determine with precision and to | | | | exercise, it might appear hectic for you. You will |
| describe accurately, whilst illustrate asks students | | | | be prone to make mistakes and at times (or may |
| to make clear to the reader or to demonstrate, | | | | I say most of times), you will be short of words, |
| possibly through the use of examples. | | | | or even worst, have no idea how to start an |
| | | | | answer at all. But practice makes perfect and you |
| - To state is to set down fully, to assert and | | | | learn from your mistakes. By accumulating |
| express the details of an argument or topic. | | | | mistakes in your practice period, let's hope you will |
| | | | | be less likely to repeat them in your ACCA |
| - Questions often ask students to be brief. Here, | | | | exams! |
| ACCA students are being asked to provide a | | | | Good luck! |