Timothy Here,
After the result was released last week, I am very sure that students who passed from one level to another, and some others who pass partially, are contemplating and finding difficult to know the paper combination to write because they want to write and pass the exams once and for all.
Most of them know that their current job will not give them the chance to study effectively and efficiently But that is not all; family engagement and commitment is among the factors too.
Frankly, students especially those who are very busy always ask which paper combination should they write and pass once without going through any stress.
Personally, I always recommend to them and it had worked wonders. I have decided to share this vital information with you.
There are 2 types of papers.
1.Calculations
2.Theoretical/Explanation
In studying for both Calculations and Theoretical, generally split your studying concentration percentage to 60%-40% (in favour of the calculations paper) but no more than this.
So, to get the best, go through the following:
-Write Financial Reporting (FR), CSME, before Audit and Assurance (or together)
-Write CSME before Audit and Assurance (or together)
-Write FR, CSME and Public Sector Accounting and Finance
-Write CSME, PM and Audit and Assurance.
There is a lot of common ground regarding internal audit and corporate governance which will help you.
Furthermore, you can also do Performance Management with either Public Sector Accounting and Finance or Performance Management alone.
For the professional level SFM and Corporate Reporting have very large syllabi – They also involve a lot of indepth understanding. So, be aware when choosing these with other papers
Write Advanced Audit and Assurance (AAA), Case Study, Corporate Reporting (CR) together
This is really, really helpful as the basic principles of CR standards (not calculations though) are all vital in AAA.
SFM can either be written alone or with Advanced Taxation together or with AAA. Although they are not directly related but your chances of passing the is very high when compared to SFM and CR
You can also write CS with any of the courses.
The examiner expectations are a far greater range of points and thus knowledge than any of the other papers – so its a proper combination of lots of knowledge work and application skills
Whatever you choose I hope this has helped your thinking a little – they’re not meant to be rules, rather just things for you to consider when choosing.
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Dedicated to Your ICAN Exam Success.
Tim Jibodu FCA,