Nature of the ACCA F5 paper
The ACCA F5 Paper – Performance Management – continues from Paper F2 and is concerned with managing the business so as to achieve better performance. Most of the topics were introduced in Paper F2, but are examined in more detail and to a greater depth.
Structure of the ACCA F5 paper
There are three sections to the exam – Section A will comprise 15 multiple choice questions of 2 marks each; Section B of the exam comprises three scenarios, each with 5 multiple choice questions. Section C has two ‘long form’ questions (a full question requiring a full answer) of 20 marks each.These two questions will come from decision making techniques, budgeting and control, and/or performance measurement and control areas of the syllabus.The Section A and B questions can (and will!) cover any areas of the syllabus.
There are 3 hours for the exam, plus 15 minutes of reading time if you are taking the paper based (as opposed to the computer based) exam.
Overall, approximately 50% of the exam involves calculations, and approximately 50% is written.
Emphasis of the ACCA F5 exam
Although most of the arithmetic involved is not difficult in itself, the calculation parts of questions are designed to check that you understand the techniques, and can decide what information is relevant, rather than checking that you have just learned rules.
For the written parts of questions there is some learning involved, but most of them are again checking that you understand the techniques – that you can explain them, that you can discuss advantages and disadvantages, and that you can identify the problems of applying them in practice.
How to use OpenTuition to pass ACCA F5 Exam
Use the OpenTuition ACCA F5 lectures along with the ACCA F5 Lecture Notes. Make sure that you are happy with the arithmetic, but also listen carefully to the lectures and check that you really do understand the techniques.
When you are confident of a topic then practice as many past exam questions as you can. To help you we have recorded F5 revision lectures and F5 Revision lectures based on past F5 exam questions.
F5 Forum Support – post your questions to get help from other students
The F5 Syllabus
Updated! Exam formulae & maths tables
F5 Past exam papers
F5 Technical articles
F5 Examiners’ reports
F5 Examiner’s approach interview
F5 Examiner’s approach article
F5 Examiner’s analysis interview
F5 Pass rates