PQ magazine is for part qualified accountants.
Read the latest web issue here – if you like what you see sign up today
ACCA students to get new practice platform
29 May 2019
ACCA is introducing a new ‘Practice Solution’ platform, which will shake-up the tuition market and directly help students manage the changeover to CBEs at the Strategic Professional level in 2020.
As part of a wide-ranging package of support the practice solution will contain exam question types, which replicate and mimic the exact look and feel at Pearson Vue software.
All students will also be given access to specimen and past exams via ACCA ‘instance’. This will be free, and PQs will be able to access this as often as they like.
James Patrick, ACCA Head of Professional Education, told the Global Learning Providers’ Conference that the practice solution platform will help students understand the exam software inside out, so they can demonstrate their finance ability in the live online exam. “We believe that replicating this live environment will really help students,” Patrick explained.
In terms of timescale the first practice solution will be available nine months before first strategic professional CBE.
The first exams (being piloted in UK, Ireland and Czech Republic) is March 2020, so ACCA is looking for launch date of June 2019. There are plans to then extend the solution to the Applied Skills Level.
The practice solution platform is not just for students either. Learning providers have been invited to develop their own version of the ACCA platform, free of charge. They will be then able to host their own content and questions, mark these questions, and provide feedback.
ACCA told the GLPC that after the first wave of Strategic Professional CBEs it will be phasing in the CBE exams into other countries from September 2020. However, after listening to feedback it has decided there will be no parallel running of CBE and paper exams. “This only adds to students confusion,” said Judith Bennett, director Professional Qualifications.
ACCA also unveiled a new data analytics unit for the Ethics and Professional Skills model. It is also looking to introduce an element of peer assessment capability in the case study unit. Students will have to submit a presentation, which will then be assessed by other students. So, all students are to become assessors! Further peer assessments are planned to be introduced in other assessments over time.
Finally, two new technical performance objectives have also been added to part of ACCA’s PER. Business advisory, and data analysis and decision support are now areas PQs can focus in on.
Subscribe to RSS