EXAMINER’S APPROACH:

F1,FAB Accountant in Business

WHERE THE PAPER FITS?

Diploma in Accounting and Business (3 papers below + FiP)

(ACCA Fundamentals Knowledge module – 3 exam papers only)

F1 Accountant in Business (FAB)F2 Management Accounting (FMA)

F3 Financial Accounting (FFA)

Advanced Diploma in Accounting and Business (6 papers + Professional ethics module)

(ACCA Fundamentals Skills Module – 6 exam papers only)

LINKS TO OTHER PARTS OF THE

QUALIFICATION?

P1

F2 and F3

P3

Other papersPractical experience

OVERALL CONCEPT?

“The accountant sees the wood AND the trees”

Adapted from the well known saying

BROAD THEMES?

Business purposeEthics

Business structure

Accounting functions

Leadership andmanagement

F1 CONTENT?

Section ASection B

Sections D and E

Section C

Section F

EXAM STRUCTURE?

2 hours Objective testing

50 two mark questions

Number of Questions?Guessing?

On demand?

Time allocation?

Choice?

EXAM TIPS

Strategy Key areas

Tip 2 - Breadth!

Tip 1 - Top down!

Tip 3 - Practice!

EXAM PITFALLS

Pitfall 2 - Rushing!

Pitfall 1 - Unprepared!

Pitfall 3 - Unanswered questions!

Illustration and context

Global paper

Broad principles

Examiners’ reports

Common problems

TO CONCLUDE

Apply!

Read!

Move on!