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ACCA F3 Exam Format

ACCA F3 Paper, Financial Accounting, to develop knowledge and understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of double-entry accounting techniques including the preparation of basic financial statements.

Candidates who wish to obtain a diploma in accounting and business must clear this exam. This is the third paper that has to be cleared with an additional paper dealing with foundations in professionalism.

ACCA F3 exam format:

ACCA F3 paper can be taken either as a paper based exam or a computer based exam. The exam format of ACCA F3 paper takes into account the fact that the subject matter of the paper is the most fundamental knowledge expected of a professional accountant.

Exam Format:

  • The F3 Paper contains 2 sections.

  • Section A contains objective test questions (OTs)

  • Section B contains multi-task questions (MTQs)

  • The F3 Paper is of two hours duration.

  • Total marks is 100.

  • Passing marks is 50%

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