Exams have potential problem areas that were not present during the previous examinations and in many cases students have to rely on more advanced resources to help them understand what they need to work on in order to pass the exam. The following resources provide a quick review on the exam and which areas require more explanation.
One of the first things students need to do is familiarize themselves with the new format of the exam. The changes made in 2020 included questions that require students to think about the three main aspects of accounting and management: finances, accounting and human resources.
At the time, many students did not appreciate the different implications of the traditional exam format that included multiple choice questions and made use of long forms. It is essential to know what to expect from each part of the exam to help students with their preparation.
Another thing to keep in mind is that unlike other exams where the subject matter is divided into blocks and studied one at a time, the Finance & Accounting ABE Exam require a lot of study. Students need to have a lot of information to help them narrow down the areas that they need to focus on and make an informed decision on which areas to concentrate on first.
A variety of resources are available to help students with the new exams that were introduced in 2020. Some of these include:
o The Bank President’s Review – The review focuses on how banks are structured, current economic conditions and financial relationships between businesses. This resource has been designed to help students not only understand the current financial environment but also how to manage the financial information they encounter throughout the day.
No Online Strategy Forums – Online Strategy Forums are designed to provide people with the knowledge they need to compete and succeed in business in today’s world. The forum focuses on how business organizations interact with customers and employees, how customer satisfaction can affect business, and how to take advantage of the Internet.
o How To – Instructors and online forums to present helpful videos and articles that describe different concepts related to business. These resources provide the best information for students in preparing for the examinations.
o E-learning – In today’s world, e-learning is being used extensively to impart information and make training programs accessible to students. When it comes to passing the upcoming examinations, there is no better resource than e-learning.
o Offline resources – Students and teachers can use downloadable notes and activities that are also available online. This way students can learn at their own pace and take as much time as needed to study and improve their knowledge.
These resources can help students with their preparations for the exams and can help prepare them for what is to come. The exams are anticipated to be difficult and it is important to have the right tools available to guide students through the various scenarios they will face.