You may have wondered why people who write the accounting certification fail the exam. Why do people fail ICAN or ACCA? You might think it is a lack of preparation, but that's not all. In this article, we discuss 5 reasons why students fail a professional exam.
Failure to complete the syllabus
There are no areas of concentration on the syllabus of most accounting certifications. You have to read all aspects of the syllabus to give you a guarantee to pass the exam. One of my tutors says: “You must know everything,” stressing the importance that to pass, you need to be ready in all aspects of the syllabus.
Overconfident
Students of accounting professional certificates failed due to overconfidence. Yes, those who believe that they know it all. Of course, reading all aspects of the syllabus is necessary, but when overconfidence is a follower, then this might cause failure. Believing that you know it all is a bedrock to failure.
Failure to understand a question before providing answers
Some students may simply provide answers to a question without proper understanding. Thereby, providing the wrong answer. For example, in the CSME exam, a candidate might answer the question that asks about the categories of stakeholders as the types of stakeholders of a company.
When past questions are not utilized
Yes, it is possible to pass an exam without studying the past questions. However, for accounting certification, studying past questions, such as the Pathfinder in the ICAN professional examination, will help you understand how to solve questions effectively.
Not following instructions
You are required to comply with certain instructions at the exam hall. If you fail to do so, you may not pass the exam. For example, in an ICAN exam, candidates are expected to use Blue and Black pens. Pencils and Red pens are not allowed.
A candidate might decide to write with a pencil to answer a question that requires a diagram. This might occur when the question asks for Bolton Consulting Group Matric or Ansoft Growth Matrix. The use of a pencil, in this case, might make the candidate lose marks.
Another scenario is when the candidate answered more than the required number of questions requested in each section of the exam. In the ICAN professional exam, there are three sections. Section A has one question, and Sections B and C have three questions accordingly.
Candidates are expected to answer five questions in all the seven questions. But, a know-it-all candidate might decide to answer six questions. Another candidate might mistakenly do so. This will lead to the deduction of marks and, as a result, failure in the exam.
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