How To Succeed In POA Exam?
- championtutorsinga
- Sep 29, 2021
- 2 min read
Apart from the main subjects such as; English, Mathematics, and Mother Tongue students, are taking the GCE O level exam for Principles of Accounts (POA). And if you are one of those students, then you have reached the right page.
Undoubtedly, Accounting is a large industry providing a huge opportunity for students. Further, having the right tools and full-proof strategies can help. Also, you can take help from the tuition agency to ace the POA examination.
To ease your preparations, we have created a list of the top 5 effective ways. Let’s take a deep dive in!
Tips To Succeed In POA Exam
Below we have listed a few strategies to ace your POA exam.
1. Utilize Resources
The internet is loaded with quality information. But it is always better to search for POA tuition to get proper guidance. Furthermore, the internet could be wrong sometimes, and it can affect your result.
Therefore, a sensible tuition agency can provide you with constructive help. Despite surfing the internet, it is better to understand subjects or topics from a tutor. Additionally, you can rely on the POA textbook to improve your understanding level.

2. Create Notes
Many tuition agencies offer revision material and lectures for the O-level POA examinations. But it can only encourage you to study. Therefore, for a piece of better knowledge and memory, you need to create your personal notes.
If notes are in your own words and handwriting, they will be easier to understand. By creating notes, you will be capable of remembering data charts, formulas, definitions, and facts.
3. Convert Weakness Into Strength
Many students keep their focus on stronger topics because they are less painful. However, it is advisable to invest time in looking and practicing answer schemes for weaker topics.
For instance, if you are weak in liquidity ratio, you should try to solve the last 5-years question papers. Try to practice more for the same.
Moreover, you can get guidance from your POA tuition agency or tutor.
4. Understand Exam Format
Invest your time revising the balance sheet income statement and know the exam format well. It is a 20-mark question and easily comprises one-third of the total 60 marks in paper 2.
Therefore, achieve these 20 marks and boost the chance of scoring great for POA.
Profitability ratios, inventory management ratios, and liquidity ratios are some important topics to understand.
Know and learn accounting principles and concepts. Recap and read up on the fundamentals covered in Chapters 1 to 3 of the textbook.
Income Statement & Balance Sheet, financial statement analysis & interpretation, prepayments & accruals, business entity, trade receivables, inventory, and non-current assets are some topics to understand.
Conclusion
POA is a humanities subject that can count towards anyone’s ELR2B2 or L1R5 at O level. Further, the exam has 70% practical accounting and 30% theory questions.
The above-listed 5 points will definitely help you to ace your O level POA. For more information, you can contact a POA tuition agency.
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