The global body for professional accountants

The ACCA website includes only one sample specimen exam for F1, F2 and F3. Are there plans to include more past exam papers?

No, there are no plans to publish more F1, F2 and F3 papers on our website. Please read the study guides produced by our official publishers for further examples of exam questions.

Does the F2 exam paper cover the whole syllabus?

As there are 50 questions on each exam there is plenty of scope for the examiner to ensure that the whole syllabus is tested. This holds true for the paper-based and computer-based exams. Candidates are advised to study the whole syllabus in preparation for the exam.

There are five sections in the F2 Study Guide, is each one of equal importance as far as the exam is concerned?

The five sections are not represented by equal numbers of questions (or marks) in the exam.

Candidates should analyse the F2 specimen exam to identify how many of the questions (and marks) relate to each study guide section.

Syllabus area C3(a) requires an explanation of principle budget factor. Will it be examined with numbers?

Candidates would be expected to be able to identify the principal budget factor in a given situation and to know that this would be the starting point for budget construction.

Simple calculations are expected, for example, candidates should be able to calculate the amount of production possible from a given number of labour hours.

However, questions would not be set where different uses of a scarce resource have to be ranked by contribution per unit of the limiting factor.

Syllabus area C3(e) requires preparation of master budgets. Do candidates need to know the exact format of statements of financial position?

No, candidates do not need to learn the format of statements of financial position or the format of income statements.

How will the discussion parts of the syllabus be examined objectively?

For example, candidates could be asked to identify the advantages or disadvantages of methods or techniques.

Last updated: 25 Feb 2016