ACCA F3 – Nature of the paper
ACCA F3 Paper – Financial Accounting –is concerned with the preparation of financial accounts. The topics examined cover everything from basic double entry through to the preparation of statements of cash flows, and basic consolidated accounts.
Structure of the F3 paper
- Section A will contain 35 two mark objective questions.
- Section B will contain 2 fifteen mark multi-task questions. One will test consolidations and the other will test accounts preparation.
Emphasis of the F3 exam
Depending on your previous studies and what you do at work, you may be happy already with many of the topics. However the syllabus is very large and there is a lot of time pressure in the examinations – 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 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 calculations, there will be some questions asking you to choose between several written statements. This particularly applies to questions about the Financial Reporting Standards.
How to pass ACCA F3 exam
Use the OpenTuition ACCA F3 lectures along with the F3 Course Notes. Make sure that you are happy with the topics, but also listen carefully to the lectures and check that you really do understand.
When you are confident of a topic then practise as many past exam questions as you can.
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:
F3 Forum Support – post your questions to get help from other students
ACCA F3 Syllabus and study guide
F3 Examinable documents
Paper F3 Technical Articles
Paper F3 Pilot Exam – Questions and Answers
Paper F3 Examiner’s Reports
Examiners’ guidance
Examinable Documents (F3 INT)ACCA F3 Pass rates
Computer-based exams – preparing for the experience
ACCA F3 Demo CBE Exam
joseph5925 says
i failed twice for main f3..somebody could help what to do and how to approach??
John Moffat says
Have you watched all of our free lectures? Did you buy a Revision Kit from one of the ACCA approved publishers and practice all of the questions?
mohammadahmad says
Hello Sir. In Question 25.3, how can we find the equity of the Subsidiary company that the parent company holds?
John Moffat says
This page is no longer linked from our website because it is not called Paper F3. It is called Paper FA and you should follow links from our main Paper FA page.
Also I have no idea what question you are referring to because I have no idea what book you are using!
nonkie says
hi guys can someone help me with past exam papers and helpful study material of f3 i failed it and i want to rewrite it.
John Moffat says
There is no point in asking about past exam papers – the ACCA does not publish past exam papers for Paper F3.
Our lectures are a complete free course for Paper F3 and cover everything needed to be able to pass the exam well.
For practice you need to buy a Revision Kit from one of the ACCA approved publishers.
If you need more information then ask in the forums and not as a comment on a lecture.
aziz says
do you have any parson to help me give f3 materials
John Moffat says
The lectures and notes on this website are all available free of charge. Uf you are having problems accessing them then ask on the support page.
If you want more materials then you should buy them from one of the ACCA approved publishers and not expect to be given them!!
vincentpaul says
Please I can’t download the dpf f3 what should I do or how do I do it? Please I need answers
John Moffat says
You should ask about this on the support page. The link is below the lecture under the heading ‘technical problems’.
fifayoun8 says
may you help me plz f3 past papers thanks
John Moffat says
The ACCA does not release past papers for Paper F3.
namubiru says
Interesting!
Lucky says
thank u guys.. my FIA exams made simple..
FARHAD says
Can you please make your own revision kit?? This is the best for ACCA no doubt.
Bright says
Guys can anyone help me with pastpapers and helpful materials for Fab, FFa & Fma, u can send via my email (
br******************@ya***.com
). thank you in advance and goodluck to all ACCA students.
Bright says
thank you opentuition for the help you are providing to every student like me. thanks
kelly says
thanks to opentuition for providing acca students with free study matrials.But ive not been able to watch the online lectures, is it free as in ‘free’?
John Moffat says
The lectures are free and are working OK.
Have a look at the technical support page if you cannot watch them – the link is above.
maruf says
really wonderful…… i was very disappointed & afraid when i saw some of my friends didn’t pass f3 exam…i decided to quit acca but one of my friend(who have done very well in f3) gave me a advice to study opentuition ebooks lectures……really its a great platform of research & practice acca papers…and specially i must thank all the teachers who contributed in this web…..
kigoye says
Encouraging to read
319chi5y says
How possible is that one can start now preparing for the exam by studying extra hard and by practicing a lot on line tests and mock exams can pass the exams.Is it possible?….with the help of Open Tuition?
rofiqajuhanwasil says
thank you opentuition.com..
xlong23 says
very very help materials , you guys are doing a wonderful job
xlong23 says
@xlong23, very very helpful materials , l mean to say
kimanthi says
Nice stuf here
sabihh says
is some is 4m karachi ??
marva25 says
The information is very clear and helpful. Thank you.
sabihh says
@marva25, yeah,,
maureenbandac says
can i study online?
John Moffat says
@maureenbandac, The ACCA allow you to study any way you like. What we provide on this website are free Course Notes and free video lectures.