I’m gonna give both AA & FM together in June session

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1. It’s great that you’re committed to giving both AA (Audit and Assurance) and FM (Financial Management) another try! Here are some strategies to help you approach these papers:

   For AA (Audit and Assurance):

   1. Understand the Syllabus: Go through the syllabus thoroughly and understand each topic. Focus on areas you found challenging last time.
   2. Practice Past Papers: Attempt past exam questions under timed conditions. This will help you get a feel for the exam format and the types of questions that are commonly asked.
   3. Focus on Weak Areas: Since you scored close to passing, identify specific areas where you struggled (e.g., specific auditing procedures, frameworks, or standards) and dedicate more time to those.
   4. Use Study Guides and Resources: Utilize review courses, study guides, and online resources. Watching video lectures can be particularly helpful.
   5. Join Study Groups: If possible, join a study group or find a study partner. Discussing topics with others can help solidify your understanding and expose you to different perspectives.

   For FM (Financial Management):

   1. Conceptual Understanding: Make sure you have a clear understanding of core concepts such as time value of money, risk and return, financial analysis, and budgeting.
   2. Practice Problems: Financial management requires a lot of practice. Focus on solving problems regularly, especially from areas where you lost marks.
   3. Work on Time Management: During practice exams, work on managing your time effectively so you can complete all questions.
   4. Review Formulae: Create a formula sheet that you can revise regularly. Familiarity with key formulas can save you time during the exam.
   5. Mock Exams: Take full-length mock exams under timed conditions to build your endurance and to identify areas that need more revision.

   General Tips:

   • Study Schedule: Create a structured study schedule that allows you to allocate time for both subjects while ensuring you have enough time for revision.
   • Self-Care: Take care of your mental and physical well-being during the study period. Regular breaks, exercise, and adequate sleep can improve your focus and retention.
   • Stay Positive: Believe in your ability to improve. Reflect on your previous attempts, learn from them, and don’t let setbacks discourage you.

   Best of luck with your studies! You’ve got this!

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