How to Prepare and Study for a Bookkeeping Exam

Confused by the term Bookkeeping exams?

Don’t be – it is just the fancy synonym for open book examinations which have become a common style of examination irrespective of the subject.

This sort of examination provides you an excellent opportunity to bolster your grades, but it can only be done, if you understand the right techniques. Many students tend to leave everything for the exam hall, and the result is that they mess up even those things which they know. Bookkeeping exams no doubt eliminate the evil of cramming, but with that, they also open up new challenges which require the student to clarify their concepts and their application.

In this article, we will guide you through the best possible way to study and prepare for your bookkeeping exams.


  • 1

    Sort Out Your Syllabus

    This first step is to segregate that part of the text book(s) which relates to the syllabus that has been assigned for the examination. Put coloured paper markers at the start and end of these chapters (pages). For example, the start tag could be of yellow colour and the end tag can be red. Now you can mark the shortcuts for chapter names on these tags.

  • 2

    Mark the Text

    Inside each chapter, mark all the important formulas and passages, which you think might come into use during the exam. Use a highlighter to do that. Here, it is important not to highlight everything; otherwise you will get yourself confused.

  • 3

    Read through the Text

    After marking, go through the text thoroughly. Check in the exercises if any question is related to the passage you are reading and explore the possibility of other questions which can be made from that text. Write those questions and their solutions on a separate piece of paper and staple it with the page. This will help you in retaining the information. These papers can be removed before you proceed to the examination hall.

  • 4

    Don’t Miss Anything

    When it comes to open book examinations, instructors will never ask you questions which are already there in the exercises. Instead, they will combine small conceptual questions and constitute a problem out of them. These little pieces of information can only be uncovered if you are thorough with your studies. Even if you don’t know the direct answer, your organization should be so precise that you reach the relevant passage(s) within no time.

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