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Paper F3 New examination structure

VIVA

F3_changesWith 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 

Reader Interactions

Comments

  1. ajeydilakshan says

    November 19, 2016 at 4:17 am

    hi dear friends
    why i couldn’t get new exam papers
    same paper am doing every-time that is my problem

    Log in to Reply
    • John Moffat says

      November 19, 2016 at 4:40 am

      I don’t know what you mean – each sitting of the exam is different.

      Log in to Reply
  2. Ariba says

    October 11, 2016 at 9:39 am

    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

    Log in to Reply
    • John Moffat says

      October 11, 2016 at 12:43 pm

      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.

      Log in to Reply
  3. abrizni10 says

    January 9, 2016 at 12:31 am

    My lecture says that 60 is the pass rate? Is that true?

    Log in to Reply
    • John Moffat says

      June 7, 2016 at 5:34 pm

      No – it is not true! It is 50%.

      Log in to Reply
  4. chizzy4real says

    August 2, 2015 at 3:37 pm

    Thank you Mr John moffat. Am so greatfull at your quick response.

    Log in to Reply
  5. chizzy4real says

    August 2, 2015 at 12:28 pm

    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?

    Log in to Reply
    • John Moffat says

      August 2, 2015 at 12:38 pm

      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,

      Log in to Reply
      • az048 says

        June 8, 2016 at 11:46 am

        Do you have a latest revision kit

      • John Moffat says

        June 8, 2016 at 1:20 pm

        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

  6. zeshan says

    May 4, 2015 at 7:13 pm

    thanks to AccA free tution .LOt of guid line give this area.

    Log in to Reply
  7. Kawser says

    August 31, 2014 at 10:44 pm

    Amazing thanks a lot.

    Log in to Reply
  8. frank says

    May 23, 2014 at 7:33 pm

    pls help me, i need a study partner in ghana

    Log in to Reply
  9. ayman says

    May 9, 2014 at 6:15 pm

    do exams still have a passing score of 50% ?

    Log in to Reply
    • John Moffat says

      May 9, 2014 at 6:18 pm

      Yes!

      Log in to Reply
      • az048 says

        June 7, 2016 at 2:29 pm

        Bpp or Becker .which textbook is good to score high marks? Please suggest me.

      • John Moffat says

        June 7, 2016 at 5:35 pm

        If you watch our free lectures then you do not need a text book – only a revision kit.

    • frank says

      May 23, 2014 at 7:32 pm

      yes

      Log in to Reply
    • AYO says

      August 17, 2014 at 1:15 am

      YES!

      Log in to Reply
  10. tariqkath says

    April 12, 2014 at 8:54 pm

    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*

    Log in to Reply
    • John Moffat says

      April 13, 2014 at 6:53 am

      That is correct.

      Log in to Reply
      • tariqkath says

        April 13, 2014 at 9:54 am

        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

        April 13, 2014 at 10:08 am

        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

        April 13, 2014 at 11:22 am

        Many thanks John. I must appreciate you the way you are responding queries VERY QUICK. 🙂

        Thanks again
        Rgds.

  11. theimaginarynumber says

    March 13, 2014 at 7:56 pm

    Are there any workings for arriving at the calculations? There are a few I’m not getting.

    Log in to Reply
    • John Moffat says

      March 13, 2014 at 8:14 pm

      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!

      Log in to Reply
      • theimaginarynumber says

        March 13, 2014 at 10:50 pm

        Sorry – F3 (Extra MTQs) Answers.

      • theimaginarynumber says

        March 13, 2014 at 10:52 pm

        The answers in the mock exams.

      • John Moffat says

        March 14, 2014 at 6:05 am

        The answers to the extra MTQs are on the ACCA website.

  12. cherno says

    March 10, 2014 at 9:57 pm

    Thank you for everything open tuition.

    Log in to Reply
    • John Moffat says

      March 11, 2014 at 4:53 pm

      You are very welcome 🙂

      Log in to Reply
      • bina says

        April 28, 2014 at 5:26 pm

        thank you.

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