Which Papers to take Next ? Some Advices based on past experience




Which paper next?


Here's some advice from years of teaching all papers..

Ok so the exam results are in - time to start thinking about which exam to take in MARCH

Although my primary advice is do 1 paper every 3 months - here's some more in depth advice....


Wordy and Numbers papers together


Eg. LAW and PM, AA with FR or FM, SBL with SBR or AFM etc

These are generally wise choices BUT (and its a big BUTT ;) people who do this have a tendency to over focus on the numbers paper

Avoid this at all costs - generally split your studying 60%-40% (in favour of the numbers paper) but no more than this

The key to the wordy papers is generally past paper / question technique - this takes time



Do FR before AA (or together)


Just because you will feel more comfortable with some audit risks



Do SBR as soon as possible after FR


There is a lot of common ground, but you will find the groups techniques particularly useful again



Do AAA as soon as possible after SBR


This is really, really helpful as the basic principles of SBR standards (not calculations though) are all vital in AAA



Do AFM (if you must) as soon as possible after FM


They link beautifully together - though AFM is extremely tough at first



Do SBL as soon as possible after AA


There is a lot of common ground regarding internal audit and corporate governance which will help you


APM is technically easier than AFM


However APM relies on PM knowledge which will be long forgotten by now! :)

AFM is very technical and is quite a specialised area

APM uses the skills learnt in SBL in terms of question approach



FM and SBR have very large syllabi - be aware when choosing these with other papers


This is especially true of FM now it is MCQ partially. This means periphery syllabus areas are now examined




AAA needs a rethink of your technique and thus more time


As mentioned earlier it builds on SBR (and AA) and needs to be done asap after SBR particularly - however do be aware that the technique for this paper is vastly different

The examiner expects 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

Therefore be wary of doing this alongside more than 1 other paper



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

3 comments:

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