If you’re caught in the midst of the stress and pressures of studying for your accountancy exams, finding the motivation to persevere and reach your end goal can often be challenging.
You might not value them at the time you are taking them, but exams provide a crucial element to helping you climb the career ladder, especially in the accountancy industry.
From building important life skills such as resilience and cognitive development to learning content that you may otherwise have ignored, sitting your accountancy exams can greatly impact your life in many positive ways.
By joining my Accounting Exam Accelerator Programme, you can learn the importance of acing your exams and discover how influential they can be in your career.
1. Developing Necessary Qualities
Many important qualities in life are tested, formed and established through exams, including patience, creativeness, leadership, memory retention and more.
Without taking exams, you miss a vital chance at furthering specific skills, potentially reducing your marketability as an employee.
The end goal might be obvious and a fantastic achievement alone, but the qualities you can develop along the way are also an important factor to consider when pursuing the light at the end of the tunnel.
2. Sense Of Accomplishment
That feeling of achieving something you have longed for is unrivalled, with completing your accountancy exams giving a sense of both relief and pride.
The work you have put in will have been far from easy, but the perseverance shown throughout the whole journey will quickly turn to joy upon completion.
Placing increased effort on studying and gaining a qualification will only better the end emotion, also giving you physical proof of your accomplishments.
3. Testing Your Calibre
Taking exams provides an opportunity for self reflection, letting you understand your strengths and weaknesses
Exams help individuals further develop their abilities, learning the ways in which they work best – my article 5 Things That Make Up Your Best ASSET When Preparing For Your Accountancy
Exam helps identify areas to improve upon and grow to a higher level.
The process of studying for an exam, as well as sitting one, helps identify where your weaknesses lie and enables you the opportunity to build on them and enhance your chances of being more successful.
By testing your calibre and your strengths, you are made aware of what specifically you need to focus on next, offering more space for your own thoughts and development.
4. Increased Incentive
If you are struggling to properly motivate yourself to continue pursuing your career, taking an exam is one of the last difficult steps to achieve, so pushing yourself through the final challenge means you are very nearly at your intended goal.
Take the struggle ahead as the last hurdle to jump over, and once you’ve done so you will be set to enter into the line of work you desire.
It’s the remaining step that stands between you and what you want so use that as incentive to continue working hard – I cover how to overcome procrastination in my article How To Stop
Procrastinating Whilst Studying For Your Accountancy Exams.
5. Furthered Knowledge
Studying for an exam means you are exposed to new content and information that could be important to remember later down the road.
It is also likely that you will be revisiting information you have previously covered but may not have remembered, refreshing your knowledge and furthering your understanding of a topic.
Your improved retention of information gained through studying will mean that the more knowledge you can absorb during the revision process, the more you are likely to remember and apply to your career when it comes to it.
How can this be applied directly to accounting?
Accountancy exams provide you with an in-depth understanding across accountancy, finance and business, meaning they are versatile in bettering your understanding across different sectors.
More specifically, accounting exams test values such as communication skills, evaluation skills, decision making, problem solving, technical competence, time management and many more.
Altogether, they help build technical knowledge as well as professional and practical skills that are needed in accounting, making them an important step into the industry.
Each component is designed to complement each other, which means that you can put theory into practice and understand and apply what you have learnt into the workplace.
Progression through all the elements simultaneously will enable students to be more successful in both exams and day-to-day work.
My blog 11 Ways Your Accountancy Exams Benefit You Long-Term also covers the various ways in which studying for and sitting your exams can be beneficial to both your personal and professional life.