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ACCA F1 Key to success

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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

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Comments

  2. Hi I failed my first attempt I took f1 and f2 together it was so hard to study both of them together and back then I didn’t know about open tuition now I will get my support from OT wish me luck guys and Wish you all luck in all your exams ??

  5. Hello Dears,
    I am Sajad Ahmad from Afghanistan. I decided to start ACCA because I am really interested in ACCA when I read some guides of ACCA.
    But let me know how to start acca?
    how to register for exams?
    please inform me how to get started with acca?
    give me complete details ….
    your help will be really appreciated..
    Thanks

  9. Hi every one!
    recently decided to study ACCA I am not popular with materials, would you plz help me which materials are useful for self-study and how to get these. if anyone knows kindly tell me without missing materials.
    I am looking for you guys

    • Well as a start you will take the fundementals which are f1 f2 and f3 if you have an accounting background and you know the financial accounting I reccomend you to start from f3 i hope ot helped you

    • Hello Ken ,
      You are in the right place ; sitting on a Gold mine with out even knowing it. Please Kindly down load materials from open tuition website ? ( Free Lectures and revision notes for your personal use ) .
      Take advantage of the free online lectures. These also are Specially tailored for the ACCA Exams. Nothing more.
      All you need is all you’ve got available right here ! Any other material is a plus.
      If you can effectively put them into use , you wouldn’t need any other additions or lectures . Digest every details, and practice questions along side with the ACCA revision kits.
      Wishing you the very best. HAPPY READING !
      Thank you.

    • Find out from ACCA if you are entitled to any exemptions. Then decide what exams to study for first. Perhaps try two to see how it goes. Then decide on study resources. OpenTuition has good notes and lectures, but you should buy a revision kit (questions) from BBP or Kaplan to practise on. Remember most exam attempts need to be registered well in advance.

  18. I just start to know opentution today.i think it’s a great ace for me…..
    i’m from myanmar & i have done in F2 & F3.but i did’t pass F1. Can someone help me how to prepare for this in Dec 14 exam?

  20. Hello,
    i have a question i need some one to guide me.
    well i have done bachelor in finance ( 4 years degree) , now i am working in a company as a accountant.so my question is can i do ACCA now ?
    is there any assumption of papers in ACCA for me?
    waiting for guidance.
    Thanks.

    • You can not only do ACCA even I believe you can also get Exemption on some Fundamental Level Papers of ACCA, you contact ACCA office in your city for more information plus I believe you can easily complete ACCA as you have practical experience in your accountancy field

  23. Hey everyone,

    I was wondering if you could ALL give me a couple of quick but very helpful and needed answers, 1) From your personal experience is it achievable to get a pass mark of 60+ through just studying the materials on this website for f1-f9 papers 2) if possible up to a certain point, what exams can you go up to before 60+ marks is too hard to achieve off OT materials alone?

    OR if you all say its not possible at all, what from your proven experience is the minimum study material I would need to buy in order to get 60 mark range like maybe a revision kit just for extra practice. Unfortunately I dont have the money to invest at this present time in study materials and feel it is hindering me in a big way in progressing which is frustrating but OT might be able to solve that (how I wish!). Thank you in advance if you can take the time out!

    • Oh and just in case you are wondering I am aware the pass mark is 50. But Iguess that is another question! If 60+ is a complete no then is it possible to get at least a pass in f1-f9 papers with just Opentuition material only. Like I said before if people that have actually done it could respond especially it would be very much appreciated as I would have some solid proof but all comments are welcomed. Thank you.

    • it is possible that you can even get 70+ marks all that matters is that you read and understand the text properly and you can test that by using revision kits(exam kit) if they are available on this website i am not sure there is or not but i think there is when you complete your revision kit give a mock exam and you will know whether you can get 60+ or not if you get 70 marks or above you are most likely to end up with 68-78 marks in the exam i hope that was helpful

      • Thank you for your answer above I am in a similar position as Kris and was wondering if i could study using OT material only…. I registered ACCA a week ago and studying after work i needed clarity. Thank you

    • ITS MORE THAN POSSIBLE TO HIT THAT MARK WAT U NEED IS TO HAVE A STUDY GROUP IN THAT U WILL ASK EACH OTHER QWESTIONS. IN TERMS OF BOOKS U CAN USE ANY BUSINESS TEXT, SO LONG AS U FOLLOW YO SYLLUBUS. ENJOY.

  31. 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!!!

  34. 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?

  38. 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.

  39. 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.

  40. 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.

    • @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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