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ACCA FA

Guided practice

Exam-style FA questions worked on a practice sheet, with hints and Show me how when you are stuck, then exam-style MCQs to finish.

Chapter 2: The Statement of Financial Position and Statement of Profit or Loss

  1. Chapter 2The accounting equation - profit from the movement in net assets1 question · 5 exam-style MCQs

Chapter 3: Double Entry Bookkeeping

  1. Chapter 3Omar - balancing the cash account3 questions · 5 exam-style MCQs
  2. Chapter 3Double entry - balancing the accounts and the trial balance2 questions · 5 exam-style MCQs

Chapter 4: Accruals and Prepayments

  1. Chapter 4Accruals and prepayments - charging the expense of the period2 questions · 5 exam-style MCQs

Chapter 6: Depreciation

  1. Chapter 6Moreno - straight-line depreciation2 questions · 5 exam-style MCQs
  2. Chapter 6Imran - reducing-balance depreciation2 questions · 5 exam-style MCQs

Chapter 8: Irrecoverable Debts and Allowances

  1. Chapter 8Irrecoverable debts and the allowance for receivables2 questions · 5 exam-style MCQs

Chapter 9: Inventory and IAS 2

  1. Chapter 9Inventory - FIFO and average cost2 questions · 5 exam-style MCQs

Chapter 11: Journal Entries

  1. Chapter 11Journal entries - writing the double entry down in words2 questions · 5 exam-style MCQs

Chapter 12: Sales Tax

  1. Chapter 12Sales tax - net, gross and the tax itself2 questions · 5 exam-style MCQs

Chapter 13: Accounting for Limited Companies

  1. Chapter 13Bonus and rights issues - share capital and share premium2 questions · 5 exam-style MCQs

Chapter 14: Statements of Cash Flows

  1. Chapter 14Meadow Limited - statement of cash flows, indirect method2 questions · 5 exam-style MCQs
  2. Chapter 14Rohan - cash generated from operations, both methods2 questions · 5 exam-style MCQs

Chapter 15: Bank Reconciliations

  1. Chapter 15Fischer - correcting the cash account and reconciling the bank3 questions · 5 exam-style MCQs

Chapter 16: Supplier Statement Reconciliation

  1. Chapter 16Supplier statement reconciliation - three kinds of difference2 questions · 5 exam-style MCQs

Chapter 17: Adjustments to Profit and Suspense Accounts

  1. Chapter 17Priya - the suspense account2 questions · 5 exam-style MCQs

Chapter 18: Mark-up and Margins

  1. Chapter 18Inventory stolen - using a margin to find the missing figure2 questions · 5 exam-style MCQs

Chapter 19: Accounting Conventions and Policies

  1. Chapter 19Novak - a settlement discount expected to be taken2 questions · 5 exam-style MCQs

Chapter 22: Group Accounts – The Consolidated Statement of Financial Position (1)

  1. Chapter 22M and N - the consolidated statement of financial position3 questions · 5 exam-style MCQs
  2. Chapter 22M and N - consolidated statement of financial position with goodwill2 questions · 5 exam-style MCQs

Chapter 26: Interpretation of Financial Statements

  1. Chapter 26Interpretation - the profitability, liquidity and gearing ratios2 questions · 5 exam-style MCQs