Low pass percentages: Accounting students brace for nerve-rattling results

ACCA papers are notoriously difficult to pass, the students need to score at least 50% to pass.


Samia Saleem August 23, 2011

KARACHI: The Association of Chartered Certified Accountants (ACCA) global website saw an exceptionally high number of visitors on Monday as students apprehensively logged on to check the results of the skilled and professional module exams.

The June 2011 exam results are accessed on each student’s ‘myACCA’ page. There are about 13 papers in the skilled and professional modules out of which 11 are compulsory. The answer sheets for the exams are filled and checked by hand and the exam itself is held twice a year, in June and December. ACCA Pakistan told The Express Tribune that the processed results are sent to the country from the head office in the UK and will not be available for a few days.

Most colleges offering the ACCA courses announce a holiday when results are announced. According to students, they do this because of the immense strain and shock that accompanies the announcement. The ACCA papers are notoriously difficult to pass with a student needing to scoare at least 50% to pass.

A student of Tabani’s School of Accountancy, Shayaan Khan, was as happy as a lark because he had cleared all three of his fundamental level papers. “The papers were easy except for the fundamental level 6 exam which had new calculations,” he said. He added that devoting two hours to each subject per day was a tried and tested formula for success.

Not everyone did as well. A student of the fundamental module who took his classes at Abeel School of Accountancy and KNS Institute of Business Studies, was distraught with confusion. He couldn’t understand why he did so badly given that he went to the “best teachers in the city and was attending classes at two different institutes”.

For each ACCA subject there are just a few good teachers, students told The Express Tribune. These teachers are scattered across Karachi at various ACCA institutions and thus students often end up taking classes at more than one of these schools to maximise on their chances. For instance, many of them said that Barrister Khurram Rasheed and Khalid Fareed Abbasi are known as the best teachers for the fundamental level-4, KNS’s Sir Sajid and Subhan Mirchawala are known for their knowledge in fundamental level-8 and Abeel’s School of Accountancy’s Sir Adeel is known as the best fundamental level-7 preparation.

Seven to eight institutes offer these classes, including Tabani’s School of Accountancy, College of Accounting and Management, Al-Hamd Academy, The Centre for Management Studies, Mirchewala, Abeel’s School of Accountancy, KNS Institute of Business Studies and Institute of Chartered Accountants of Pakistan.

Published in The Express Tribune, August 23rd,  2011.

COMMENTS (8)

Zaidi | 9 years ago | Reply Let me help the writer and everyone who wishes to write about accountancy to verify simple facts 1 There are about 13 papers in the skilled and professional modules out of which 11 are compulsory. there are not 13 papers. There is a total of 16 papers and a student need to attempt 14 in order to qualify. Most colleges offering the ACCA courses announce a holiday when results are announced. According to students, they do this because of the immense strain and shock that accompanies the announcement. “Shock that accompanies the announcement” sounds like “ACCA Results announced – three accountants dead – 2o in Critical Condition – Emergency implemented across the city” Believe me – this day is not a shock. At least not for more than 50% of students. The rest might be disappointed, but definitely not shocked. And about ACCA colleges. Almost every college was working. Those who might be closed might be because of security conditions in Karachi on Monday, not because of the result. Not everyone did as well. A student of the fundamental module who took his classes at Abeel School of Accountancy and KNS Institute of Business Studies, was distraught with confusion. He couldn’t understand why he did so badly given that he went to the “best teachers in the city and was attending classes at two different institutes”. Oops!! This might not be a factual error but definitely an unjust comment. It implies that these institutes failed to deliver. These two are renowned names and one ‘negative’ comment from a student in your newspaper, is not justified!!! Besides both of these institutes produced Position holders in last attempt along with other institutes. I can assure you that PakistanACCA holds the pulse of accountancy students and we would be glad to share our surveyed results of last attempt (which are in direct conflict with your article) For each ACCA subject there are just a few good teachers, students told The Express Tribune. These teachers are scattered across Karachi at various ACCA institutions and thus students often end up taking classes at more than one of these schools to maximise on their chances. For instance, many of them said that Barrister Khurram Rasheed and Khalid Fareed Abbasi are known as the best teachers for the fundamental level-4, KNS’s Sir Sajid and Subhan Mirchawala are known for their knowledge in fundamental level-8 and Abeel’s School of Accountancy’s Sir Adeel is known as the best fundamental level-7 preparation. You again left many renowned teachers to be included in it. PakistanACCA surveyed in this attempt (June 2011) in Karachi and our results shows a totally different story. Besides, who is this Adeel teaching at Abeel School of Accountancy?? I contacted them but they said they are still looking for this guy. Seven to eight institutes offer these classes, including Tabani’s School of Accountancy, College of Accounting and Management, Al-Hamd Academy, The Centre for Management Studies, Mirchewala, Abeel’s School of Accountancy, KNS Institute of Business Studies and Institute of Chartered Accountants of Pakistan. Institute of Chartered Accountants of Pakistan???? Seriously???? I never knew that ICAP was so generous and they offered ACCA classes. I’m sure someone from ICAP will explain why are they reducing exemptions when they themselves are offering ACCA classes.
Arzoo | 9 years ago | Reply

It would have been nice to see an acknowledgement of error by the author of the article after seeing so many comments about factual errors in the article. Overall the article still gave good information and highlighted the difficulties in passing ACCA exams. Sometimes writers make mistakes in good faith and it only elevates their standing if they acknowledge it and apologize to the readers. Maybe a follow-up article can deal with correcting the errors and it will be nice to see some suggestions as to how one can improve their odds in this exam.

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