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March 2025 ACCA Exam Results

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  4. hi, I hear Sports news at the background. Is it intentional to disrupt me from concentrating or you just want to demonstrate you can do two things at the same time?

    • There is definitely no sports news in the background!!
      Do you really think we would be so childish?

      I suggest that you check what other webpages you have open at the same time – the sports news must be coming from another website that you have open!

    • If I am a sole trader, then the business is me. Any money that the business gets is my own money. The only reason I would prepare accounts for the business is so that I can see whether the business is doing OK or not (because obviously I might myself be getting money from places other than from the business).

      So, just like you have no right to see what money I am getting myself, you have no right to see how much money is coming from my business. It is private to me.

      There may be times that I do show my accounts to other people. For example, if I wanted to borrow money from the bank, then I might show them my accounts so they could see how much money the business is making. But that is my choice.

      However, if it is a limited company, then although I might own the shares, the limited company is separate in law. If the company cannot pay what it owes, then it is not my problem. Therefore the law says that anyone has the right to see the accounts of a limited company.

      Suppose you were thinking of selling goods to my business on credit – so you will get paid later. If you know I am very rich, then you would not be worried selling to me as a sole trader because if you do not get paid you can take me to court and I am rich. But if you sold goods to a limited company, then you could not take me to court – even if I am rich – you could only take the limited company to court, and if the company had no money you have a big problem. So with a limited company you are able to look at their accounts and see whether or not you think they can afford to pay you before you sell goods to them.

    • How about this scenario…..I own business limited company…During my business years I receive goods from suppliers on credit and loans from banks and in the end I turn most of business assets into cash and I make them my own cash not business’s….As a result I can become rich and business goes bankrupt…..Is it possible….Have these kind of cases happened before…Thank you…

      • Both of these questions are dealt with in the later lectures – the lectures cannot cover everything all at once 🙂 The first chapters are about sole traders and later we bring in limited companies.

        However, what you write in your first question is not possible, because (as you will find out in the lecture on Limited Companies), companies are only allowed to pay out as dividend the profits that have been made.

        With regard to IFRS’s, it is like asking why do not all countries have exactly the same laws on everything 🙂 However, most countries are moving to IFRS’s (except the US – but there accounting standards are mostly very similar to IFRS’s and over time maybe they will be exactly the same).

  6. its quite unfair for users in Nigeria not to be able to access video lectures. i really want to know what you all think we are, i am really disgruntled and dissatisfied. you may cancel my logon, if you wont allow us all acess to the video. we will find another website that will trust and appreciate us and not punish all for the sin of a few. finally pls cancel my acess totally or give us all access to the video……………….

    • Don’t be so ridiculous. Students in Nigeria are able to watch the lectures.

      We are not obliged to provide anything to anyone, but we certainly do not block access to students in any countries.

      We are providing this free of charge to help as many as we can. We cannot control whether individual students in individual countries are able to access or not.

      If you cannot access the lectures then the problem is most likely a problem with your computer and you should look for help on the support page – the link is below the lecture.

  7. good afternoon i recently sign up for open tuition and so far i am finding it very useful currently doing f1,f2,f3, hats off to all the persons behind this site #great_job 🙂 😉

      • Hello, Mr. John. unfortunately, at the end of the notes the answers are started only for Chapter 2. Moreover it says that to the Chapter 1 is “No Examples”.

        Could you please provide us with a correct answer. Thank you a lot in advance.

  9. Hi there, I would like to know where the test answers are, for the first test question and the rest?

    It says come back here to check your answer but I can’t see it.

    Many thanks

    • If you mean the tests at the end of each chapter, then the answers are at the back of the Course Notes.

      If you mean the mock exam, then as the page before the exam starts explains, there is a choice at the end of the exam to compare your answers with the correct answers.

  10. I passed my CBE F3 today and i would like to thank you Mr John for the lectures and notes!
    I did not even know what was debit and credit when i started to study this paper 😀

    I’ve now completed level 1 using only OT resources + Revision kits

  11. Hi Mr John I am facing a problem with opening the downloaded files since they are in PDF format if u can kindly provide for me a solution for this. Thank you.

  15. Hi there

    I need some help regarding how should I study. Should I first finish watching all the lectures and read all the course notes and then turn to the exam kit or should I do the exam kit by the end of each chapter.

    • It is up to you, but best probably is first to watch all the lectures (and try the tests at the end of each chapter).
      Then start practicing from the Exam Kit and refer back to the lectures and notes when you come across something you have forgotten.

      (and, of course, ask in the F3 Ask the ACCA Tutor Forum if you have have any problems with any of the questions. I will try my best to help.)

  16. how many days do i need pass the paper f3? i’ve done F1 and F3..and i hardly need to pass the f3 exam within one month..am ready to work hard..is that possible?

    • It is impossible to say how many days – it depends on how many hours a day you can study, and also as to how easy or hard you find the subject.

      If you are prepared to work hard then one month should be enough.

      Watch all our free lectures (along with our course notes), get hold of a Revision/Exam Kit from one of the approved publishers (so that you have lots of questions to practice), and do ask in the Ask the Tutor Forum if you need any help.

  17. hello MR JOHN first of all i would like thank you soo much for these notes and videos they are very helpfull and helped me pass my FAB exam. I would like ask u if i just listen to your lectures and practice from the updated ACCA revision kit will it be enough for me to pass for my FFA exam?

  18. Thanks John and all at Open Tuition! I managed to work my way through F1, F2 and F3 over the past 7 months and couldn’t have passed without your help!

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