The global body for professional accountants

Foundation-level qualifications

Please find information on the exam format of each of our CBEs

Introductory Certificate in Financial & Management Accounting (FA1 & MA1)

Exam Format

Each exam:

  • is of two hours' duration
  • contains 50 questions
  • is out of 100 marks
  • has a pass mark of 50%
  • contains two-mark objective test questions –multiple choice questions only.

Intermediate Certificate in Financial & Management Accounting (FA2 & MA2)

Exam Format

Each exam:

  • is of two hours' duration
  • contains 50 questions
  • is out of 100 marks
  • has a pass mark of 50%
  • contains the following objective test questions (OTs) -all worth two marks:
    - multiple choice questions
    - multiple response questions
    - multiple response matching questions
    - number entry questions

Diploma in Accounting and Business (FAB, FMA & FFA)

Exam Format

Each exam:

  • is of two hours' duration
  • is out of 100 marks
  • has a pass mark of 50%
  • contains 2 sections:
    - section A contains objective test questions (OTs)
    - section B contains multi-task questions (MTQs)

Note: The FAB, FMA and FFA exams follow the same structure and syllabus as the ACCA Qualification exams (F1, F2 and F3 respectively).

ACCA Qualification (F1-F3)

Exam Format

Each exam:

  • is of two hours' duration
  • is out of 100 marks
  • has a pass mark of 50%
  • contains 2 sections:
  • section A contains objective test questions (OTs)
  • section B contains multi-task questions (MTQs)

Note: The F1, F2 and F3 exams follow the same structure and syllabus as the Foundation-level Diploma exams (FAB, FMA and FFA respectively).

ACCA Qualification (F4)

Exam Format

The syllabus is assessed by a two-hour examination

The examination consists of:

Section A

  • 25 x 2 mark objective test question 50%
  • 20 x 1 mark objective questions 20% 

Section B

  • 5 x 6 mark multi-task questions 30%

All questions are compulsory

ACCA Qualification (F5-F9)

For information on the exam format of the session CBEs (F5-F9), please visit our exam changes section.

On-demand CBE question types

  • The Introductory and Intermediate Certificate in Financial & Management Accounting exams FA1, MA1, FA2 and MA2 exams will contain the OT questions listed below.  All questions in these papers are worth 2 marks.
  •  Multiple choice - where you are required to choose one answer from a list of options by clicking on the appropriate 'radio button'. 
  •  Multiple response - where you are required to select more than one response from the options provided by clicking the appropriate tick boxes (typically choose two options from the given list). 
  • Multiple response matching - where you are required to indicate a response to a number of related statements by clicking on the 'radio button' which corresponds to the appropriate response for each statement. 
  • Number entry - where you are required to key in a numerical response to a question shown on screen.
  • The Diploma in Accounting and Business (FAB, FMA & FFA) and ACCA Qualification exams will contain the OTs outlined above in Section A and MTQs in Section B. In FAB/F1 only the OTs will be a mixture of 1 mark and 2 mark questions. MTQs are a series of tasks to be completed which relate to one or more scenarios.

Last updated: 30 Aug 2016