ACCA Revision Kit

By

Popular posts from this blog

ACCA F3

By
WHAT IS THE FORMAT OF THE F3 EXAM? All questions in the F3 exam are compulsory. The F3 exam contains 35 objective test (OT) questions which are each worth 2 marks. There are also two 15-mark multi-task questions (MTQ). The F3 exam is available in paper-based and computer-based exam formats. The MTQs cover  financial  statements preparation (for either a sole trader or a company) and group  accounting . HOW DO CANDIDATES KNOW WHAT IS IN THE SYLLABUS? Candidates and tuition  providers  are advised to regularly review the syllabus guidance published on the ACCA website. HOW DO CANDIDATES KNOW WHICH IFRS WILL BE EXAMINABLE IN F3? The ACCA website contains a list of  examinable documents  for  F3 Financial Accounting .   WILL IFRS15 BE EXAMINABLE IN F3? No. Although IFRS15 was issued in May 2014, it is not examinable in F3 in the period to August 2017.  F3 will continue to apply the principles of IAS18 Revenu...
Read more

ACCA F1

By
THE ACCA WEBSITE INCLUDES ONLY ONE SAMPLE PILOT PAPER FOR F1, F2 AND F3. ARE THERE PLANS TO INCLUDE MORE PAST EXAM PAPERS? No, there are no plans to publish more F1, F2 and F3 papers on our website. Please read the study guides produced by our official publishers for further examples of exam questions.  MOST THEORISTS LISTED IN THE STUDY GUIDE ARE FROM THE UK OR USA. ISN'T THIS RATHER UK/USA 'CENTRIC? The syllabus covers relatively few theories or models. Those selected are well-known and easy to understand. The idea is that candidates should understand how theories or models help people to think about issues. Inclusion of a theory or model does not necessarily mean that it is regarded as being the best in its area or well-validated.  HAS INCREASING THE USE OF "SCENARIOS" IN MULTIPLE-CHOICE QUESTIONS MADE EXAMS MORE CHALLENGING? We have analysed our candidates' exam results and found no evidence of a difference in pass rates for this type ...
Read more

ACCA F2

By
THE ACCA WEBSITE INCLUDES ONLY ONE SAMPLE SPECIMEN EXAM FOR F1, F2 AND F3. ARE THERE PLANS TO INCLUDE MORE PAST EXAM PAPERS? No, there are no plans to publish more F1, F2 and F3 papers on our website. Please read the study guides produced by our official publishers for further examples of exam questions. DOES THE F2 EXAM PAPER COVER THE WHOLE SYLLABUS? As there are 50 questions on each exam there is plenty of scope for the examiner to ensure that the whole syllabus is tested. This holds true for the paper-based and computer-based exams. Candidates are advised to study the whole syllabus in preparation for the exam. THERE ARE FIVE SECTIONS IN THE F2 STUDY GUIDE, IS EACH ONE OF EQUAL IMPORTANCE AS FAR AS THE EXAM IS CONCERNED? The five sections are not represented by equal numbers of questions (or marks) in the exam. Candidates should analyse the F2 specimen exam to identify how many of the questions (and marks) relate to each study guide section. S...
Read more