ACCA F2 – Nature of the paper
Paper F2 – Management Accounting –is concerned with managing the business so as to achieve better performance. It includes topics such as how to calculate the cost of producing items in a manufacturing company, the preparation of budgets, and the calculation of variances as a way of trying to control costs.
Structure of the ACCA F2 paper
The exam consists of two sections:
- Section A will contain 35 two mark objective questions.
- Section B will contain 3 ten mark multi-task questions – one will be on Budgeting, one will be on Standard costing, and one will be on Performance measurement.
Emphasis of the F2 exam
Although most of the arithmetic involved is not difficult in itself,
there is a lot of time pressure – it is difficult to complete all of the questions in two hours. Additionally, there often small ‘tricks’ in the wording of the questions which (especially under time pressure) lead to it being easy to choose the wrong answer even if you are happy with the particular topic.
Although all the questions in Section A carry equal marks, they are not all of equal difficulty. You will find some of the questions very quick and easy, whereas others will take much longer.
Although the majority of questions involve arithmetic, there will be some questions asking you to choose between several written statements.
How to pass ACCA F2 Exam
Use the OpenTuition ACCA F2 lectures along with the F2 Course 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 practise as many past exam questions as you can. Watch also ACCA F2 revision lectures available on line.
Of great importance if that you then start trying tests of mixed questions (from one of the revision/exam kits available). You should practice determining which topic each question is examining quickly, and you should practice under strict time pressure. If you do take as long as you want then you will get most of the answers correct, but it is under time pressure that you are more likely to misread questions and make silly mistakes.
See also:
F2 Forum Support – post your questions to get help from other students
Paper F2 Syllabus & Study Guide
F2 Pilot Paper – Questions and Answers
F2 examiner’s approach interview
F2 examiner’s analysis interview
ACCA F2 Demo CBE Exam
xuedy says
Where can I get the past year paper?
John Moffat says
You can’t – the ACCA does not publish them for F2
liusharia says
How may I get more f2 past papers?
John Moffat says
You cannot get any past papers – the ACCA does not publish them for F2.
fatemehparviz says
Hi.since the editiom of f2 book has changed for the2016’s exams,can i use the note of f2 book which you have put in this website?????
John Moffat says
The syllabus is not changing for March and June 2016, so our lecture notes are fine to use.
However, they are meant to be used only with the free lectures – not on their own.
Ayat says
Is there revision session available?
John Moffat says
You can find details of all the resources available on the main Paper F2 page.
Ayat says
I also need a revision partner
fasdeyeye says
Yes,let’s revise together via Facebook messager send me a friend request Adeyeye Olusegun Faleye
John Moffat says
There is a separate forum where you can ask for a Study Buddy – there is a link to it on the top bar.
(I doubt if Ayat still needs a revision partner – if you check the date of his post it was 2 years ago!!!)
Ayat says
Am having problem in my revision concerning f2 and f3 multiple choice questions, i’ve revised it several times by working it work on repeat.
So i don’t know till exam how an going to do.
Should I continue to practice the same exercises?
John Moffat says
You should ask your questions in the Ask the Tutor Forum.
Ayat says
hello.Can anyone tell me how to us this chatroom.
And there’s something called buddyrevision what’s that and how does it function
Isaac says
I am looking for a study partner in Nairobi. SMH
Foday says
Hello everyone,i’m planning to write the F2 in one week time any advice please
Lyndon says
I have just my journey this week, any advice please?
AYO says
please, i need a study partner in Lagos, Nigeria.
Ojo says
Where in lag r u?
AYO says
i’m in ota , ogun state actually.
Melissa says
Good day,
Have anyone attempted the F2 exam in its new structure?
If so, any advice to us individuals who are attempting it in the future?
Thank you 🙂
zil-e-huma says
like the site.. (y)
lokmanhossain says
Now i m at the age of 29 working with qatar airways. i admitted in cat in 2009 that time i passed 2 papers but bcoz of financial prolem i couldn’t proceed Now i want to start with diploma in accountacy. pls someone advise me whether i should start again or not? and if i start it will work for me or not……
sally925 says
Hi! I’m just a student, hence not experienced enough to advise will it work for you or not! I just read ur post so im replying, if you’ve been giving the annual subscription fee then you can continue with the CAT qualification (the ACCA changed it’s name to FIA (Foundations In Accountancy) now. You can easily start with Diploma in accountancy with the papers as FAB, FMA and FFA! along with an online free of cost FIP (Foundations in Professionalism) module you’ll get the diploma. From here you can easily continue with the ACCA qualification staring with F4 onwards. and according to me i.e my experience with my fellow friends, some of them started along your age too. it worked for them. Just a bit long way through! and was a bit hectic, you know handling the job and studies at the same time. But it shall be fine!
Hope this helped.
Good Luck! 🙂
Anjaneyulu says
I appearing for Dip IFR for Dec 13. Please let me know which papers to be consider for this?
John Moffat says
We do not have anything specifically for the Dip IFR, but the lectures and course notes for ACCA Paper P2 do cover the standards.
parbattie says
where can I find fia/fma and ftx past papers for june 2013
John Moffat says
The ACCA do not publish past papers for these exams – only the pilot papers (which you can find on their website).
ann44 says
I have failed f2 for four times. Am always in the 40’s but never get 50. I tried all i could and this will be my fith time of sitting this paper could anyone advise me to wat to do now inorder to pass
llewellynj says
I am using the Kaplan F2 book and I prefer BPP books too. Practice the exam questions from the revision book and that is the way you will learn, rather than reading lots of notes. You will pass, just persevere. Rather attempt this exam via CBE.
louise2013 says
I Just failed F2 for the second time, I am using the Kaplan study text, pocket notes, revision kit, I am thinking of get BPP, Does anybody know what I can do next or where to go? what to study? I have also done the lectures and revision lectures on open tuition, disheartened big heart
waxtonie says
BPP is more detailed and needs a lot of time to learn and revise but at this short period its better to work on questions to know you are set to go.
arty says
Hi I failed F2 as well. Can you please tell me where to get the solutions/calculations for F2 mock exams please. Thanks
nagash says
I ‘m a new member hoping to benefit by the topics available in this brilliant site….thanks
tsarita1 says
@nagash, YOU will trust me 🙂 ITS A BLESSING!
sifatnoor says
really it is, sometimes I realise, there are still better people around this world who want to help without any need