With effect from 26 February 2014, the structure of both the computer based examination and the paper based examination will change.
Instead of the current structure of 50 objective questions of two marks each, the exam will consist of two sections.
- 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.
The consolidation question could include a small amount of interpretation and the accounts preparation question could be set in the context of a sole trader or a limited company.
The only changes to the syllabus are that the term ‘Income Statement’ has been changed to ‘Statement of Profit or Loss’, and the term ‘Statement of Comprehensive Income’ has been changed to ‘Statement of Profit or Loss and other comprehensive income’. Apart from this change in terminology there is therefore nothing new to learn.
It is however important that you make sure that you are familiar with the new examination structure.
The ACCA has prepared specimen exams in the new structure.
If you are taking the paper based examination, then you can find the ACCA F3 specimen examination here >>
If you are taking the computer based examination, then you can find the specimen examination below:
F3 Financial Accounting Specimen Exam Paper
F3-Financial Accounting (Full Exam) | F3 (Full Exam) Answers
F3-Financial Accounting (Extra MTQs) | F3 (Extra MTQs) Answers
See also F3 Mock exam
ajeydilakshan says
hi dear friends
why i couldn’t get new exam papers
same paper am doing every-time that is my problem
John Moffat says
I don’t know what you mean – each sitting of the exam is different.
Ariba says
Hi Sir,
I want to know that which topics will be asked in the 15 mark questions.
I have heard that the questiond are asked from :
Company Accounts
Consolidation
Interpretation of Financial Statements only.
Is that true?
And please tell me if consolidation can be asked in 2 mark questions as well?
As I have no time left to prepare consolidation
John Moffat says
If you read the article above, you will see what it examined in Section B 🙂
There will almost certainly be some MCQ’s on consolidations – it is probably the most important single part of the syllabus.
abrizni10 says
My lecture says that 60 is the pass rate? Is that true?
John Moffat says
No – it is not true! It is 50%.
chizzy4real says
Thank you Mr John moffat. Am so greatfull at your quick response.
chizzy4real says
Good Afternoon. Please, I Want To Know If I Can Use 2010 Edition Of F3 Paper To Prepare For September/december2015 Exams? Hope They Are Also Still Using Same Syllabus From 2010 Till Date Right?
John Moffat says
The syllabus is the same, but some terminology has changed and also the format of the exam has changed.
If you are using our free lectures then you don’t need a Study Text – our lectures form a complete course.
However, whether you study from our lectures or from a Study Text, you must get a current edition of a Revision Kit from one of the approved publishers. They contain lots of exam standard questions to practice, and practice is vital. For the Revision Kit it is best not to use an old edition,
az048 says
Do you have a latest revision kit
John Moffat says
I have one. But if you are asking if we provide revision kits, then no – you need to buy them from one of the ACCA approved publishers
zeshan says
thanks to AccA free tution .LOt of guid line give this area.
Kawser says
Amazing thanks a lot.
frank says
pls help me, i need a study partner in ghana
ayman says
do exams still have a passing score of 50% ?
John Moffat says
Yes!
az048 says
Bpp or Becker .which textbook is good to score high marks? Please suggest me.
John Moffat says
If you watch our free lectures then you do not need a text book – only a revision kit.
frank says
yes
AYO says
YES!
tariqkath says
Hi ,
Only terms are changed in new syllabus right ? & there are no addition or deletion of any other topic(s) in F3 syllabus ?
I have 2012 edition bpp F3 so can i study with this book ?
Rgds*
John Moffat says
That is correct.
tariqkath says
Thanks john for your quick response.
I have some more queries that I can now study with 2012 edition easily right?
And how much time is enough to prepare for F3?
John Moffat says
Yes – you can use the 2012 edition.
It is impossible to say how much time is needed – everybody studies at different speeds.
You will find it easier to use our free Course Notes and lectures.
tariqkath says
Many thanks John. I must appreciate you the way you are responding queries VERY QUICK. 🙂
Thanks again
Rgds.
theimaginarynumber says
Are there any workings for arriving at the calculations? There are a few I’m not getting.
John Moffat says
Which calculations????
If you mean examples and tests in the course notes, then there are answers at the back of the notes.
If not, then I have no idea at all what you are asking about!
theimaginarynumber says
Sorry – F3 (Extra MTQs) Answers.
theimaginarynumber says
The answers in the mock exams.
John Moffat says
The answers to the extra MTQs are on the ACCA website.
cherno says
Thank you for everything open tuition.
John Moffat says
You are very welcome 🙂
bina says
thank you.