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Certainly! Here are some of the top YouTube channels to aid your ACCA preparation:
acca?si=lprHEgoWUMyY2cf9">ACCA Official Channel: Provides official resources, updates, and guidance directly from ACCA.
accastudyresources?si=4HSthoMMuPjZvwRK">ACCA Student Study Resources: Offers targeted study materials, tips, and insights tailored for ACCA students.
jameswrightacca?si=ZzXvac2PhifnRSaK">James Wright ACCA: Hosted by an ACCA-qualified member and senior lecturer from the UK, this channel provides videos on how to pass all 13 ACCA exams, study tips, and more.
opentuition?si=W1kXN6PtgWpUqV0O">OpenTuition: Offers free video lectures and resources for all ACCA papers, helping students grasp complex topics effectively.
accountinglectures?si=poZq5AH1kAWB4JO1">Farhat's Accounting Lectures: Provides comprehensive accounting lectures that can be beneficial for various ACCA subjects.
accountingstuff?si=RabzxcExTOWfKeHX">Accounting Stuff: Breaks down accounting concepts into easy-to-understand videos, suitable for both beginners and advanced learners.
elsegrech?si=PxMKzskJNesmufVD">Else Grech Accounting: Covers a range of accounting topics, offering detailed explanations and examples.
These channels offer a wealth of knowledge to support your ACCA studies. Remember to complement video learning with practice questions and official study materials for comprehensive preparation.
FREE ACCOUNTING
Linkedin COURSE
MODULE 1: Accounting Basics
Fundamentals of Accounting
https://lnkd.in/drEQayub
Accounting principles https://lnkd.in/dJcpXrna
Top 12 Accounting Ratios https://lnkd.in/dkMGYjJr
Capitalized or Expense https://lnkd.in/d9Y5xdyG
Best Accounting Videos on YouTube
https://lnkd.in/dh925Cw2
Financial vs Managerial Accounting
https://lnkd.in/dxFaceCW
Book Value vs. Market Value
https://lnkd.in/dqBTD8Qi
MODULE 2: Financial Statements
How to Link the Balance Sheet with the Income
Statement https://lnkd.in/deQFNrk3
How to Read annual report
https://lnkd.in/dDR7Cwcc
How to analyze financial statements - Mega cheat sheet https://lnkd.in/dSdDFJs6
Goodwill cheat sheet https://lnkd.in/dkuJFYnt
Financial statements Cheat Sheet
https://lnkd.in/dJy3d2ht
Accounts receivable vs Accounts payable
https://lnkd.in/dwFpPHaC
MODULE 3: Closing
month end close checklist https://lnkd.in/d_8u9QYn
Annual closing checklist https://lnkd.in/dwxj-qKr
Month end closing process
https://lnkd.in/dQxeXUqN
MODULE 4: Expenditure accounting
Cash vs. Non-Cash Expenses
https://lnkd.in/dNCfQ535
Depreciation vs Amortization vs Impairment
https://lnkd.in/d6jnR5r6
Capex vs Opex https://lnkd.in/deYTsPKK
Types of costs https://lnkd.in/dhFMqvsw
MODULE 5: GAAP Cheat Sheets
US GAAP vs IFRS https://lnkd.in/dkwZtX9r
IFRS for SME https://lnkd.in/ddvkEWQN
IAS 2 Inventories https://lnkd.in/ddJgeQB3
IAS 16 Property plan and equipment
https://lnkd.in/djVBb_nK
IAS 38 Intangibles https://lnkd.in/daVKG6_8
IFRS 15 Revenue recognition
https://lnkd.in/dFMv7s_y
MODULE 6: Internal Controls
Cash Handling Internal Controls
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Detective vs Corrective vs Preventive Controls
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The Internal Control Checklist
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22 Balance Sheet Internal Controls
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General Ledger Internal Controls
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MODULE 7: Accounting career
10 must-know interview questions for Finance & Accounting https://lnkd.in/dpjZNRyu Degrees, Licenses, Designations, and Certificates https://lnkd.in/dDytDemE
Create a Winning CV https://lnkd.in/d2hKSs_9 20 Accounting & Finance certifications https://lnkd.in/dCq_hGnf
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Some ACCA apps
Check out "ACCA Student Accountant"
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Check out "ACCA Study Planner"
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Check out "Insights"
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Check out "ACCA AB magazine"
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Check out "ACCA Virtual Careers Fairs"
https://play.google.com/store/apps/details?id=com.acp.mobileApp
Check out "ArivuPro App (CA, CS, ACCA)"
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Check out "ACCA Online"
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Check out "Bright ACCA"
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Check out "ACCA Events 2024"
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Check out "ACCA Online Classes"
https://play.google.com/store/apps/details?id=com.finaco.courses
Free Excel courses
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This excel mini book covers all shortcuts.
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ACCA students before paying their Exam fee
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Here are some helpful platforms and websites to support your ACCA studies:
1. ACCA Official Website
ACCA Global: Access official resources, syllabus updates, past papers, and study guides.
MyACCA: Log in to manage your studies, access approved content, and register for exams.
2. Learning Providers
BPP Learning Media: Offers ACCA textbooks, revision kits, and online courses
.
Kaplan: Provides study materials, mock exams, and tutoring services.
3. Free Study Resources
OpenTuition: Free ACCA lectures, notes, and forums for discussion with fellow students.
Study ACCA: Includes free notes, exam tips, and practice questions.
4. Exam Practice Platforms
ACCA Practice Platform: Official platform to practice CBE questions.
LearnSignal: Provides mock exams, webinars, and crash courses for last-minute prep.
5. Discussion Forums
ACCA Students on Reddit: Community-driven discussions, tips, and study strategies.
Student Room: Discussions on ACCA topics and exam strategies.
6. Mobile Apps
ACCA Study App: Download from app stores for quick reference materials.
Quizlet: Search for ACCA-specific flashcards and practice quizzes.
7. Acowtancy.com
Great for its interactive course notes and practice questions. It's especially useful for understanding complex concepts in an engaging way.
8. Accaglobalbox.com
Offers free textbooks and notes, though the download process might require patience. It's a useful supplementary resource.
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Brain of those who think ACCA is very easy
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Brain of Accountant
Brains + Balance Sheets = Accountants!
Hard Skills handle the numbers, Soft Skills handle the stress.
Accounting Students
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WHO DOES WHAT TOWARD FINANCIAL STATEMENTS
CFO
▪️Pivotal role in the FS creation, presentation and interpretation
■Ensures that FS complies with accounting and legal standards
▪️Uses FS as a tool for strategic planning and decision-making
▪️Presenting key results to the stakeholders
▪️FS and budget approvals
Accountant
▪️Involved in the nitty-gritty details
▪️Responsible for FS completeness, accuracy and fair value presentation
▪️Ensures that FS are aligned with GAAP
Controller
▪️Supervision of the overall accounting process
▪️Internal controls setup to ensure the quality of FS
▪️Ensures that financial reports are accurate, timely and consistent
▪️Conducting complex financial analysis to support decision-making
Tax specialist
■ Determine tax liabilities and ensure they are correctly presented
▪️Analyses whether costs are deductible
▪️Calculates deferred tax assets and liabilities
▪️Reconciliation of tax account to ensure FS quality
▪️Tax provision calculation
▪️Involved in FS projection as a part of tax planning
Auditor
■Conduct substantive analytical procedures toward specific positions
▪️Testing internal controls that ensure FS quality
▪️Assess general and specific audit risks
▪️Make testing of presented figures based on audit procedures
▪️Issue the opinion of conducted audit toward FS
Acquirer
■ Analyses whether FS are fairly and objective present financial conditions and earnings of the target
▪️Due Diligence of FS
▪️Quality of earning based on FS
▪️Net debt and Net working capital analysis
■Reads and interprets FS to gauge the financial health
▪️FS long-term projections
▪️Cash flow planning
▪️KPI and management reporting
▪️Budget variance analysis
▪️Ratio and Scenario analysis
Investment Analyst
▪️Compare FS with other companies in industry
▪️Identifies financial trends
▪️CAPEX analysis
▪️ROCE analysis
▪️ROIC analysis
▪️Gross and net margin analysis
▪️Use projected FS to make valuation
▪️Various risks assessments
Treasurer
■Uses FS to ensure there are sufficient funds to meet short-term obligations
▪️Cash flow and liquidity analysis
▪️Studies the liabilities section of the BS to ensure optimal capital structure
▪️Uses FS to identify financial risks, such as foreign exchange risk or interest rate risk
Banker
▪️Uses FS to assess the creditworthiness
▪️Monitors financial covenants or conditions stipulated in loan agreements
▪️Solvency, liquidity and profitability analysis
▪️Uses FS to assess the value and adequacy of the collateral
▪️Recommends suitable loan amounts and structure
For anyone looking to expand their skills, here’s a great, practical finance course available for FREE until Nov. 21!
I work with 365 Financial Analyst, and the course is led by our CEO and founder—an experienced finance professional with valuable insights to share.
You can directly access it from here: https://bit.ly/3Ut7kXa
FREE FINANCE COURSES
MODULE 1: Financial Statement Analysis
1. 3 statements modeling https://lnkd.in/dWypMscT
2. How to analyze INCOME STATEMENT (IS) https://lnkd.in/dn3kTszk
3. Accounting Equation https://lnkd.in/dhAkk5ra
4. Top 12 Accounting Ratios https://lnkd.in/dkMGYjJr
5. Income Statement templates for 6 industries https://lnkd.in/dmyPDA2V
MODULE 2: Financial Planning and Forecasting
1. Financial modeling handbook
https://lnkd.in/dUv-56zx
2. Salaries & Headcount Forecasting
https://lnkd.in/daThdtbR
3. CFOs Checklist for FP&A teams https://lnkd.in/dRD7TTDs
4. 9 Ways to Forecast https://lnkd.in/dGyQTgv5
5. How to forecast of COGS and Gross profit https://lnkd.in/dca7AkCm
MODULE 3: Cash Flow Management
1. How to analyze Cash Flow Statement https://lnkd.in/dnpZ5QFW
2. Cash Flow handbook https://lnkd.in/dJ7VSPBr
3. Top 4 Cashflow KPIs https://lnkd.in/d-yxkit4
4. Cash explained to Kids https://lnkd.in/dPg3xFCq
5. Weekly CF forecast https://lnkd.in/dycKWAUW
MODULE 4: EBITDA
1. EBITDA adjustments model https://lnkd.in/dC-zk56w
2. Guide to EBITDA https://lnkd.in/dssA4Wqe
3. EBITDA vs FCF https://lnkd.in/dyC_Qm4E
4. EBITDA explained https://lnkd.in/dqgpyDPH
5. EBITDA vs Net income vs FCF https://lnkd.in/dgr-QszA
MODULE 5: Business Valuation
1. The Valuation Handbook https://lnkd.in/dD2dY4Uz
2. Valuation methodology https://lnkd.in/dF5wqJQe
3. 5 Minute DCF Valuation https://lnkd.in/dMMh4x3q
4. 7 Startup Valuation models https://lnkd.in/dchGzT83
5. Valuation by multiples model https://lnkd.in/dJkVjKFA
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🔺 ACCA Students: STOP Scrolling & Read This – OFR (Own Figure Rule) Might Just Save Your Exam! 🔺
If you're doing SBR, AFM, FM, FR, APM, PM and you've never heard of the Own Figure Rule (OFR), this might be the post that changes your exam mindset forever.
💡 What is OFR?
Own Figure Rule is one of the most student-friendly marking policies ACCA has. It acknowledges that a single mistake early in your answer can affect the rest of your calculations—but instead of penalizing you repeatedly, ACCA awards marks for your correct application of method, even if the figure is wrong. You’re judged on understanding, not just numbers.
🧠 Think of it this way:
If a question asks you to add 2 + 2 and then double the result, and you mistakenly write 2 + 2 = 5, but then correctly double that to get 10—you're wrong, but not entirely. You knew how to double, and ACCA gives you credit for that. That’s the OFR in action.
🎯 My Experience
In both my AFM and SBR exams, I froze mid-way. I realized I had skipped a step or used a wrong figure. In the past, I might’ve panicked—but this time, I remembered the OFR. I continued, using my wrong figure but correct methods, and completed the questions with confidence.
📈 My results?
✅ AFM – 64
✅ SBR – 63
…All because I didn’t let a mistake stop me from showing my understanding.
🔥 Lesson?
You’re not a robot. ACCA knows that. Don’t freeze. Don’t erase your work. Keep going. Apply the right method. You will get the marks.
To everyone preparing for exams: Own Figure Rule is your best friend—embrace it, apply it, and most importantly, don’t give up when you make a mistake.
©️Haminat Awesu, ACCA Affiliate