Syllabus of ACCA Exams

The ACCA Exams constitute a total of 13 papers classified into 4 levels. There are a total of 4 modules in which 13 papers have been divided. Take a look at the following table elucidating the syllabus of ACCA exams in further detail:

Module Topics Covered in ACCA Exams
Applied Knowledge
(3 Papers)		 F1. Accountant in Business: History and Role of Accounting
in Business; Leading and managing individuals and teams;
Business organisation, structure, governance and management;
Specific accounting functions & internal financial control;
Environmental influences on business and accounting

 

F2. Management Accounting: Nature and purpose of cost
management accounting; techniques of cost accounting;
cost classification, behaviour and purpose; budgeting
and standard costing; business mathematics &
computer spreadsheets; short-term decision-making
techniques

F3. Financial Accounting: Context & purpose of financial
accounting; preparing trial balance, basic financial
statements; qualitative characteristics of financial
information and fundamental bases of accounting,
recording transactions and events; use of double-entry
accounting systems
Applied Skills (6 Papers) F4. Corporate and Business Law: Employment law; legal
implications for companies in difficulty or crisis; the law
of obligations; essential elements of the legal system;
capital and financing of companies; formation and
constitution of business organisations; management,
administration and regulation of companies; governance
and ethical issues relating to business; formation and
constitution of business organisations

 

F5. Performance Management: Performance measurement;
decision-making; standard costing and variance analysis;
cost accounting techniques; budgeting and forecasting

F6. Taxation: Investment income; self-assessment;
trading profits; personal tax computations; corporation tax;
national insurance; capital allowances; value-added tax;
property business profits; employment income

F7. Financial Reporting: Regulatory framework;
analysing and interpreting; preparation of financial
statements; conceptual framework; business combinations

F8. Audit and Assurance: Cost of capital, investment
appraisal; business finance; financial management function;
working capital management financial management environment; risk management; cost of capital

F9. Financial Management: Working management;
investment appraisal; business finance, etc.
Professional Level
(Two categories)

 

Essentials [2 papers] &
Options [Choice of 2 from 4 papers]

 Essentials: 
P1. Governance, Risk and Ethics
P2. Corporate Reporting
P3. Business Analysis

 

Options: 
P4. Advanced Financial Management
P5 Advanced Performance Management
P6. Advanced Taxation
P7. Advanced Audit and Assurance

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Benefits of Pursuing ACCA

  • While in-demand courses like CA & CS are famous in India, ACCA has global recognition & not just restricted to Indian boundaries & known around the world. 
  • As compared to other courses ACCA is comparatively cheap & the course is not just related to accounting or finance, the course also includes management skills as well. Students will gain the knowledge of both in the entire course that increases their better growth opportunities.
  • CA & CS are more focused on Indian accounting standards whereas ACCA is based on international accounting & auditing standards, this is the reason ACCA is in demand worldwide and not just in India.
  • The USA that has the highest economy in the world is also the highest country to pay the most to ACCA professionals.
  • ACCA uses international standards that allow them to work in about 173 countries.