ACCA F1 Key to success

ACCA F1 Accountant in Business - Nature of the paper

ACCA F1 Paper – Accountant in Business – is a foundation paper which introduces a wide range of accounting and business terminology, and information about the business environment. The syllabus is very wide, but not deep.

Structure of the ACCA F1 paper

The exam consists of two sections:

  • Section A  contains 16 one mark objective questions and 30 two mark questions objective test questions (pick one answer from a number of alternatives).
  • Section B will contains 6 four mark multi-task questions. Multi-task questions (MTQs) contain a series of tasks which relate to one or more scenarios.

Emphasis of the ACCA F1 exam

The syllabus and study guide take you through:

• Work effectively in accountancy and finance
• Principles of internal control
• Evaluating accounting systems
• Professional ethics in accounting and finance
• Professional values and basic business legislation
• Business environment, structure and governance
• Leadership management and communication

How to pass ACCA F1 exam

Use the OpenTuition ACCA F1 lectures along with the Course Notes. Make sure you know the many theories that the syllabus contains.

When you are confident of a topic, then practise relevant test questions in any question banks you have available. You need to purchase Revision Kit from approved ACCA publishers.

There are links to an ACCA test and ACCA F1 Mock exam on OpenTuition. The ACCA does not publish F1 exams after each session.

See also:

F1 Forum Support and post your questions to get help from other students
Paper F1 (FAB) Syllabus
F1 examiner’s analysis presentation 2011
ACCA F1 Demo CBE Exam

Comments

  1. Avatar of Martin says

    i am wishing to start ACCA part 2 this coming june-july intake and iam planing to start with three from the F,but am kindly asking for the advise,which first three can i start with? that which will motivate me!!!

  2. Avatar of herathhmg says

    I’m new to opentution and would realy appreciate if someone can guide me on below my quires,
    1.How can I sit for the exam after studying online sylabus?
    2.since I’m a Sri Lankan is there any exam center to sit in Sri Lanka?
    3.What are the professional benifits if I can pass the ACCA?
    4.Any paymnets to be done for the exam?

  3. avatar says

    Dear All,
    Open Tuition helps students of ACCA save cost in terms of money.All student can study at any time at their homes and any place with or mobile phones such as IPAD & NotePad by viewing Opentuition free of charge. It is costly at any place of the world.Thanks for Opentuition by helping poor students who dream to be Professional Accountant by making their dream to become true by free study.Thank you I m indebted to you Open Tuition.God bless you for the good work.

  4. avatar says

    Dear All,
    Open Tuition helps students of ACCA save cost in terms of money.All student can study at any time at their homes and any place with or mobile phones such as IPAD & NotePad by viewing Opentuition free of charge. It is costly at any place of the world.Thanks for Opentuition by helping poor students who dream to be Professional Accountant by making their to become true by free study.Thank you I m indebted to you Open Tuition.God bless you.

  5. avatar says

    am relying open tuition for study.I have kaplan note but I like only opentuition because the note are short and precise.Is opentuition emerged from ACCA ?Who is opentuition why the team are doing selfless service for the world.

    • Avatar of MikeLittle says

      @rafaelassc1, Yes, you can study from the website. You MAY feel that you need a study text, particularly if you find there are any areas where there remains some doubt in your mind. However, you really MUST acquire a revision kit – they are books full of exam-type questions and practicing those questions is essential for you if you wish to improve dramatically your chances of exam success. ( This applies to ALL your ACCA exams from F1 through to P7 )

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