ACCA F1 Accountant in Business Nature of the paper

ACCA F1 Paper Accountant in Business is a foundation paper which introduces a wide range
of accounting and business terminology, and information about the business environment. The
syllabus is very wide, but not deep.

Structure of the ACCA F1 paper

The exam consists of two sections:

Section A contains 16 one mark objective questions and 30 two mark questions objective
test questions (pick one answer from a number of alternatives).

Section B will contains 6 four mark multi-task questions. Multi-task questions (MTQs)
contain a series of tasks which relate to one or more scenarios.

Emphasis of the ACCA F1 exam

The syllabus and study guide take you through:
Work effectively in accountancy and finance
Principles of internal control
Evaluating accounting systems
Professional ethics in accounting and finance
Professional values and basic business legislation
Business environment, structure and governance
Leadership management and communication

How to pass ACCA F1 exam

Use the OpenTuition ACCA F1 lectures along with the Course Notes. Make sure you know the
many theories that the syllabus contains.
When you are confident of a topic, then practise relevant test questions in any question banks
you have available. You need to purchase Revision Kit from approved ACCA publishers.
There are links to an ACCA test and ACCA F1 Mock exam on OpenTuition. The ACCA does not
publish F1 exams after each session.

See also:
F1 Forum Support and post your questions to get help from other students
Paper F1 (FAB) Syllabus

F1 examiners analysis presentation 2011

ACCA F1 Demo CBE Exam