The difficulty of the ACCA exam increases gradually, from applied knowledge courses to applied skills courses to core strategy courses, which means that later subjects will be more challenging. Elective courses are a matter of great concern to many candidates, which of the ACCA elective courses has a high pass rate?Which one should I choose?
ACCA Phase P Elective Courses
Advanced Financial Management (AFM).
Advanced Performance Management (APM).
Advanced Taxation (ATX).
Advanced Audit and Assurance (AAA).
ACCA Stage P elective course pass rate
1. (AFM) Senior Financial Management: The average pass rate over the years is about 37%.
This course focuses on investment, financing, and risk management, and covers more in-depth content. Compared with the beginner stage, many computational difficulties have been improved, such as from NPV to APV, from IRR to MIRR, etc. Among them, the calculation related to derivatives is the focus and difficulty of this course. In addition, as a computational course in the elective stage, this course has a lot of candidates to choose from.
2. (APM) Senior Performance Management: The average pass rate over the years is about 34%.
This course is an advanced level course for MA and PM and is mainly analytical. Students need to learn to read cases for in-depth interpretation and analysis. The course content is mainly textual, and may involve some computational content, requiring participants to be able to combine calculation and analysis.
3. (ATX) Advanced Taxation: The average pass rate over the years is about 37%.
This advanced tax course is mainly for the UK version. At the advanced stage, examiners are expected to have a holistic view and be able to provide clients with reasonable tax planning like a good accountant, including reasonable tax avoidance and reasonable tax calculation. At this stage, participants will need to consider the relationship between multiple taxes, such as the relationship between inheritance tax and other related taxes. Compared to Phase F, the Advanced Stage is more difficult, with more complex questions and more taxes involved.
4. (AAA) Advanced audit and assurance business: the average pass rate over the years is about 31%.
This course is an advanced course at AA. Compared with AA, AAA pays more attention to the perspective of the audit project manager or partner, so the relevant test points are more macro. The emphasis is on various audit plans of accounting firms, and the exam is more focused on writing.
You can choose which subject to choose according to the learning situation of your previous subjects, and you can choose which of the basic subjects in front of you is better.