ACCA Subjects & Syllabus 2023 - Exam Pattern
ACCA Subjects and Syllabus 2023 - ACCA course is divided into three levels namely Knowledge Level, Skill Level and Professional Level. ACCA subjects list cover various verticals of finance, accounting, taxation, and business-related aspects. The ACCA course syllabus consists of a total of 13 subjects such as business and technology, management accounting, financial accounting, corporate and business law, taxation, performance management, financial reporting, audit and assurance, financial management, etc. Candidates preparing for ACCA must take note of the subjects included in the ACCA exam. Read the complete article to know more about ACCA 2023 subjects and syllabus, exam pattern and other relevant information.
Also check - ACCA Full Form
ACCA Exam Pattern
The first four ACCA exams (BT, MA, FA, and LW) are on-demand, which can be booked through an approved nearby ACCA centre any time during the year. The remaining nine exams are conducted four times a year in the months of March, June, September, and December. The ACCA paper pattern has two parts: computer-based exam and paper-based exam, that include MCQ-based and scenario-based questions. The ACCA paper-wise exam pattern is mentioned below.
ACCA Paper Wise Exam Pattern 2023
Paper | Pattern |
Papers F1 to F4 | There will be around 50 MCQ-based question. Each question will carry 2 marks. |
Papers F5 to F9 | In this section there will be 60% MCQ based and 40% long answer questions. Section A - 15 questions, two marks each. Section B - Comprises three scenario-based questions containing 15 marks each. Each scenario is followed by five MCQ based questions. In long answer type questions: A scenario will be given and 3–4 questions will be asked on the basis of the given scenario. |
Papers P1 to P6 | Scenario based questions. Section A - A case study worth 50 marks will be given and 4 to 5 questions will be asked on it. It also includes 4 to 6 professional marks also. Section B - 3 cases out of which 2 need to be attempted. Each carrying 25 marks. |
ACCA Syllabus 2023
ACCA Levels | ACCA Subjects |
Foundation | ACCA Diploma in Financial and Management Accounting (RQF Level 2) |
ACCA Diploma in Financial and Management Accounting (RQF Level 3) | |
ACCA Diploma in Accounting and Business (RQF Level 4) | |
Certified Accounting Technician (CAT) | |
Knowledge Level | F1 - Business & Technology (BT) |
F2 - Management Accounting (MA) | |
F3 - Financial Accounting (FA) | |
Skill Level | F4 - Corporate and Business Law (LW) |
F5 - Taxation (TX) | |
F6 - Performance Management (PM) | |
F7 - Financial Reporting (FR) | |
F8 - Audit and Assurance (AA) | |
F9 - Financial Management (FM) | |
Professional Level | P1 - Strategic Business Leader (SBL) |
P2 - Strategic Business Reporting (SBR) | |
Optional Subjects in the Professional Level | P3 - Advanced Financial Management (AFM) |
P4 - Advanced Performance Management (APM) | |
P5 - Advanced Taxation (ATX) | |
P6- Advanced Audit and Assurance (AAA) |
ACCA 2023 Subject-Wise Important Topics
Foundational level course
There are a total of nine subjects in ACCA Foundation level course F1 to F9. Candidates without a qualifying undergraduate degree or relevant professional qualification (such as a CA) must successfully complete all nine courses in this category to be eligible for ACCA Certification. Those with a CA, CS, or other professional undergraduate degree can avail certain exemptions. Given below are some of the subject wise important topics in ACCA Foundation level course.
ACCA Foundation Level Course Important Topics
Paper | Topics |
Paper F1 – Business and Technology (BT) |
|
Paper F2 – Management Accounting |
|
Paper F3 – Financial Accounting |
|
ACCA Skill Level Course
There are six subjects in ACCA under skill level. It analyses candidate’s practical finance abilities to work as a professional accountant in any sector or company. The detailed syllabus is mentioned in the table below.
ACCA skill level important subjects
Paper | Topics |
Paper F4 – Corporate and Business Law |
|
Paper F5 – Performance Management |
|
Paper F6 – Taxation |
|
Paper F7 – Financial Reporting |
|
Paper F8: Financial Management (FM) |
|
Paper F9: Assurance and Audit |
|
ACCA Syllabus - Professional level
Paper | Subjects |
Paper P1 –Strategic Business Leader (SBL) | The strategic business leader is concerned with the function and significance of governance in the management of an organization. The accountant's role in risk assessment, ethical framework for using professional judgment and values, and other topics are also covered. |
Paper P2 – Strategic Business Reporting (SBR) | In this paper candidates practice and learn about the professional and ethical duties of an accountant, the financial reporting framework, financial statement preparation for group entities. Also, they examine potential difficulties with financial reporting. implications of accounting regulation modifications, a review of recent happenings, etc |
Paper P4 – Advanced Financial Management (AFM) |
|
Paper P5 – Advanced Performance Management (APM) |
|
Paper P6 – Advanced Taxation (ATX) |
|
Also check - ACCA Registration 2023
Frequently Asked Question (FAQs)
There are a total of 13 subjects which are divided into three levels such as fundamental, skill and professional level.
There will be both mcq based questions and long answer type question in ACCA skill level exam.
ACCA course duration is 2-3 years along with 3 years of relevant work experience.
Candidates should have completed 18 year of age to apply for ACCA exam.
All the papers in ACCA F1 to F4 and 60% of the questions in papers F5 to F9 will be MCQ based questions.
The following are the subjects of ACCA: Business and Technology (BT) - F1, Management Accounting (MA) - F2, Financial Accounting (FA) - F3, Corporate and Business Law (LW) - F4, Performance Management (PM) - F5, Taxation (TX) - F6, Financial Reporting (FR) - F7, Audit and Assurance (AA) - F8, Financial Management (FM) - F9, Strategic Business Leader (SBL) - P1, Strategic Business Reporting (SBR) - P2, Advanced Financial Management (AFM) - P3, Advanced Performance Management (APM) - P4, Advanced Taxation (ATX) - P5, Advanced Audit and Assurance (AAA) - P6
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