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Are you worried sick about your performance in IGCSE Accounting finals? Wondering what strategy to pick for covering the IGCSE Accounting syllabus? Is your anxiety for IGCSE Accounting messing with your social life?
Fear not, you are just one of plenty of students who have a love-hate relationship with this subject. If you are reading this then you must already know that Accounting is a very interesting subject and one that will pay you off in life.
However, as interesting as IGCSE Accounting is, it is not an easy subject in terms of its difficulty level and scope of the syllabus.
In Mathematics, you need to learn some formulas based on which you can solve numerous exercises. In English, you can manage to miss a few classes and yet score well if you know the summary and gist of a novel or story.
But that is not something that you can do with Accounting.
You must be aware of every little detail, concept, and terms of basics to understand the bigger picture. There is nothing that you can afford to miss in IGCSE Accounting and there are no shortcuts to scoring an A* in it.
Hold on there, do not give up hope already because we have put together some expert tips and techniques that can not only save you but will also ensure that you get an A* in IGCSE Accounting.
Here are expert suggestions and tips that will guide you to an A*, thank us later.
1) Attend Classes Regularly:
It is always easier to keep up than it is to catch up. Especially in a subject like Accounting where you cannot afford to miss out any topic or lesson.
This is because all concepts are interrelated in IGCSE Accounting and they build up on each other. Skipping one would mean you would be unable to understand the others.
Therefore, even if you miss a class, make sure you follow up on it before sitting for the next one.
2) Understanding is Everything:
We have already established that understanding the basics is a pre-requisite for performing well in Accounting.
Therefore, you must make sure that you understand each concept before moving forward. Cultivate a habit of studying a concept before it is taught in a class as well as after it.
When we say you should study before class, the point is just to know the gist. This will help you in understanding the lecture given by your tutor better.
3) Ask Questions:
One of the most common signs of successful people is that they aren’t scared of asking questions as their goal is to know more and more about their subjects.
You must give up the fear of being laughed at or considered silly and ask questions. Repeat them if you have to, but you must clarify your doubts.
Asking questions will not only help you in understanding tricky concepts but will also give you the confidence to continue the habit further.
Accounting is a ‘do-it-yourself’ subject; therefore, you must practice and solve the problems given in the book instead of just reading or copying them. Practice the problems that you find difficult repeatedly.
You forget as fast as you learn. Therefore, to make sure you don’t forget everything by the time the exams come you must keep reviewing or practicing it
You can take up sample tests or teach others for practicing.
5) Organise Your Notes:
Being organized is a skill that pays you off in the long term. Studying hard would not pay off if you don’t save your notes in an organized manner.
You must study as well as keep your notes organized in a designated notebook or folder. There should be one go-to place for all your notes.
Moreover, organize your notes in accordance with the attention that various subjects need.
6) Learn the Terminology:
Every subject has its own jargon; Accountancy also has certain terms and concepts that must be on your tips. You need to have a decent command on things as basic as journals, ledgers and balance sheets.
Along with understanding the basics, you must also learn various important terms such as fixed assets, current assets, liquid assets, current liabilities, fictitious assets and depreciation to name a few.
You must also try and mention as many of them as possible in your answers.
7) Periodic Reviews:
For IGCSE Accountancy you must review and revise the syllabus periodically. Only studying regularly isn’t enough.
The syllabus is so vast which is why reviewing it periodically ensures that you are able to retain it while writing answers in the exam.
8) Prepare a Question Bank:
While you are studying for IGCSE Accountancy, start preparing a question bank of important questions or questions on the topics you lag on.
Try and comprise questions from various sources such as previous year papers, the frequently repeated questions, model answers, tutor’s feedback or other related notes.
9) Exam Preparation:
You must look up the question paper format, marks allocation for each section and required word limit for various questions.
Also, some questions require you to elaborate and others don’t so make sure you answer accordingly for either of them. It is very important to read the questions properly before answering.
Time management is very important for IGCSE Accountancy. You must not waste time being stuck on a question and should have enough time for all sections including time for revision.
Make sure that you include the above suggestions and tips in your preparation for IGCSE Accounting finals. Also, remember that being constant and persistent will take you places in life.
So go on, draft your study plan and stick to it. If you do that we are sure nothing can stop you from bagging the much coveted A* in IGCSE Accounting.Pasxcel tutors will always be by your side supporting you.