The Best Ways to Study Accounting
- Practice Past Papers: Practice past papers under timed conditions.
- Practice Time Management: Practice pacing yourself for different types of questions.
- Mock Tests: Practice testing environment to minimize nervousness.
- Know Question Patterns: Pattern practice—MCQs, journal entries, long-answer questions.
- Target Weak Areas: Find weak areas and practice more there.
- Don’t Cram At The Last Moment: Practice well in advance and make steady progress.
Tools to Supplement Studying
- Textbooks: Directly quote books such as ‘Financial Accounting’ by T.S. Grewal or ‘Principles of Accounting’ by Needles and Powers.
- Online Websites: Online websites such as Coursera, Khan Academy, and edX provide courses from beginner to advanced level.
- Mobile Apps: Use apps such as Accounting Basics, Investopedia, and Ledger.
- YouTube Channels: YouTube channels such as ‘Accounting Stuff’ or ‘Farhat’s Accounting Lectures’ are optimal for visual learning.
- Tutors and Forums: Post on forum forums such as Reddit or Quora to clarify any doubts.
Information from “How to Study Financial Accounting” published by Imarticus Learning; compiled by Office of Academic and Learning Resources Student Staff.