ACCA (Association of Chartered Certified Accountants) has launched a brand new accountancy exam practice platform for computer-based exams (CBE) targeted at training providers
The computer-based exam practice solution has been rolled out to learning providers giving them the ability to provide online marking feedback and test papers to students ahead of the March 2020 Strategic Professional exams.
Platinum and gold approved learning partners (ALPs) and silver learning partners in the UK, Ireland and Czech Republic are the first wave being offered advance access to the practice platform.
Access will be rolled out to further markets in the coming months.
Students will have access to the practice solution after the ACCA exams in September 2019.
From December 2019, ACCA will extend the online solution to the Applied Skills CBE specimen and past exam papers will also be incorporated into the platform.
ACCA has four exam cycles a year for both CBE and paper-based exams. Students are allowed to take a maximum of four exams during each exam cycle across a maximum of eight distinct exams over the course of a calendar year.
Currently there are 527,000 students completing ACCA exams worldwide, with over 67,000 in the UK, 8,557 in Ireland and 1,527 in Czech Republic. The latest exam sitting saw 132,098 students around the world enter a total of 174,827 exams, with 5,090 students completing their final exams to achieve full ACCA membership.
The new platform will allow learning providers to tailor their practice exams to:
- personalise the practice solution with their company logo and colours;
- create their own questions and practice tests exclusively for their students;
- offer marking and feedback services to students;
- give guidance for all students to self-mark their tests; and
- preload ACCA questions and practice tests for all students.
Reza Ali, director of professional education at ACCA, underlined the importance of the platform, adding that it will provide vital aid to students embarking on their exam practice.
Ali said: ‘Exam standard question practice is vital to prepare students for live exams. The CBE Practice Solution provides an environment that emulates live exams, building familiarisation with the exam format, functionality and exam standard practice content.
The launch of the Practice Solution strongly supports the wider use of computer based exams in the ACCA qualification.
‘ACCA’s continuous move towards CBE is reflective of the variety of ways in which an accountant is presented information in the workplace, with the exams allowing students to showcase their ability to analyse and interpret data, as well as to evaluate what is presented to them using digital tools,’ said James Patrick, head of professional education, at ACCA.
By Sara White, Editor, Accountancy Daily, published by Croner-i Ltd
Article culled from Accountancy Daily