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...
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...
WHAT STYLE DO THE F6 (UK) EXAMINATION QUESTIONS TAKE? Within Section A, candidates will be required to answer 15 object test questions of 2 marks each. These questions may be either narrative or computational and can cover any areas of the syllabus. Section B of the exam consists of three questions comprising five objective test items worth two marks each; therefore each question is worth a total of ten marks. Each question will be based around a common scenario "case" which can come from any area of the syllabus, and will be a mix of computational and narrative. Section C of the exam comprises one 10 mark question and two 15 mark questions. The two 15 mark questions will focus on income tax and corporation tax and are likely to require candidates to perform a number of calculations or workings and then to bring these together into an overall tax computation. Questions in Section C will be predominantly computational, although each question may contain wr...