The objective of this article is to analyse the learning environment of honours chartered accountancy students with the specific focus of identifying their learning activities and timemanagement. A survey was conducted at a university in South Africa after initial focus group interviews. The results indicated that the students feel busy, stressed and overwhelmed. Bad study habits, that have a significant negative relationship with performance, include not doing homework, not participating in class, watching too much TV, often looking at a phone, jumping around between activities and procrastination. Good study habits like doing homework, class participating, being able to manage time, being focused and working hard at undergraduate level showed a significant positive correlation with performance. Clearly more can and should be done to support these students with developing more efficient study habits.