Training & Qualifications /
ACCA / ACCA Syllabus
The Fundamental Level is made up of the Knowledge and Skills Modules. The Professional Level consists of the Essential and Options Modules.
Skills, Essentials & Options
2016 exam sitting advice
Computer Based Exams
Find out what's covered in each ACCA module and see if your previous study gives you exemptions.
From 2016, ACCA will be offering four exam sittings per year for the Skills, Essentials and Options modules. We have put together recommendations for how to use the four sittings to progress most effectively through your studies. Read our advice.
F1 Accountant in Business
F2 Management Accounting
F3 Fincancial Accounting
Knowledge Module exams
Knowledge Module exemptions
The Knowledge Module is the entry level to the ACCA accounting qualification. If you have no previous qualifications, then you should complete the final level of the AAT or FIA Diploma first, before moving on to ACCA.
Students with two A-Levels and three GCSEs in five separate subjects (including English and Maths) or with a non-relevant degree or NVQ qualification can proceed directly on to the Knowledge module.
Knowledge papers can be sat in any order.
To introduce knowledge and understanding of the business and its environment and the influence this has on how organisations are structured and on the role of the accounting and other key business functions in contributing to the efficient, effective and ethical management and development of an organisation and its people and systems.
To develop your knowledge and understanding of providing basic management information in an organisation to support management in planning and decision making.
To develop knowledge and understanding of the underlying principles, concepts and regulations relating to financial accounting and technical proficiency in the use of double-entry accounting techniques, including the preparation of basic financial statements.
Exams for the three Knowledge papers are available to sit as a Computer Based Exam (CBE) at your local Kaplan centre.
Computer Based Exams consist of multi-task questions (MTQs). MTQs contain a series of tasks for students to complete, tasks which relate to one or more scenarios.
You can book your CBE online.
Exams for Knowledge papers are also available as Paper Based Exams (PBE) at ACCA exam centres four times a year. Find out more about exam entry dates.
If you are AAT, FIA or CAT qualified or hold a relevant degree (e.g. Accountancy, Finance, Law or Management) then you may be eligible for exemptions from the Knowledge Module. It is recommended that you apply for exemptions when you register with ACCA as a student.
You can check to see if you qualify for any exemptions on the ACCA website.
F4 Corporate & Business Law
F5 Performance Management
F7 Financial Reporting
F8 Audit and Assurance
F9 Financial Management
Skills Module exams
Papers can be sat in any order. Students can sit up to four papers in one exam sitting.
The aim of this paper is to enable you to develop knowledge and skills in the understanding of the general legal framework, and of specific legal areas relating to business, recognising the need to seek further specialist legal advice where necessary.
The aim of this paper is to develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for planning, decision-making, performance evaluation and control.
The aim of this paper is to develop knowledge and skills relating to the tax system as applicable to individuals, single companies, and groups of companies.
The aim of the F7 syllabus is to develop your knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities (including groups). You will also learn how to analyse and interpret those financial statements.
The aim of the F8 syllabus is to develop your knowledge and understanding of the process of carrying out assurance engagement (and its application in the context of the professional regulatory framework).
The aim of the F9 syllabus is to develop the knowledge and skills expected of a financial manager responsible for the finance function of a business, relating to issues affecting investment, financing and dividend policy decisions.
You should read through your F2 notes before you begin studying F9.
Exams for the Skills papers are Paper Based Exams (PBE) but F4 is also available as a Computer Based Exam (CBE). Paper Based Exams are sat at ACCA centres and there are four exam sittings per year. Find out more about exam entry dates.
Exams are three hours long with 15 minutes available for reading time. Both written and computer based versions of the F4 exam are two hours long with no reading time.
The pass mark for all papers is 50%.
If you have a relevant degree in Accountancy, Finance, Law or Management you may be eligible for exemptions from the Skills Module.
P1 Governance, Risk and Ethics
P2 Corporate Reporting
P3 Business Analysis
Essentials Module exams
Can overlap with papers on the Skills Module as long as the Skills Module is being completed.
There are no exemptions available for the Essentials Module so all papers must be passed to continue with your studies.
The aim of the P1 syllabus is to enable accountants to apply relevant knowledge and skills (and exercise professional judgement) relating to governance, internal control, compliance and risk management in the context of an overall ethical framework with an organisation.
The aim of the P2 syllabus is to enable you to apply your knowledge and skills, and exercise professional judgement, in the application and evaluation of financial reporting principles and practices within a range of business contexts and situations.
Please ensure that P2 is taken either before or alongside P7, as P7 assumes knowledge of P2 accounting standards. If you wish to obtain your UK Auditing Certificate you must enter and sit the UK version of both the P2 and P7 exams.
Read through your F7 materials, as this will be assumed knowledge.
The aim of this paper is to enable you to apply relevant knowledge and skills, and exercise professional judgement in assessing strategic position, determining strategic choice, and implementing strategic action through beneficial business process and structural change.
You will also learn about coordinating knowledge systems and information technology and how to effectively managing quality processes, projects, and people within financial and other resource constraints.
Exams for the Essentials papers are Paper Based Exams (PBE), which are sat at ACCA centres and there are four exam sittings per year. Find out more about exam entry dates.
Exams are three hours long with 15 minutes available for reading time.
P4 Advanced Financial Management
P5 Advanced Performance Management
P6 Advanced Taxation
P7 Advanced Audit and Assurance
Options Module exams
Can overlap with papers on the Essentials Module as long as the Essentials Module is being completed.
There are no exemptions available for the Options Module. You only need to complete two out of the four papers.
To apply relevant knowledge, skills, and exercise professional judgement as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation.
To apply relevant knowledge, skills, and exercise professional judgement in selecting and applying strategic management accounting techniques in different business contexts and to contribute to the evaluation of the performance of an organisation and its strategic development.
To apply the relevant knowledge and skills and exercise professional judgement in providing relevant information and advice to individuals and businesses on the impact of the major taxes on financial decisions and situations.
To apply relevant knowledge, skills, and exercise professional judgement in analysing, evaluating, concluding and reporting on the assurance engagement and other audit and assurance issues in the context of best practice and current developments.
Exams for the Options papers are Paper Based Exams (PBE), which are sat at ACCA centres and there are four exam sittings per year. Find out more about exam entry dates.
The ACCA Accounting qualification is open to everyone, although your starting point will be different depending on your previous qualifications.
ACCA grant exemptions (only from the Knowledge or Skills modules of the Fundamentals level) if you hold a relevant degree or professional qualification. It is recommended that you apply for exemptions when you register with ACCA as a student.
Study ACCA with Kaplan
*Based on ACCA P4, P5, F6, F8, P7, F4, P3, P1 papers for part-time students across 12 Kaplan UK Centres, at the June 2015 sitting.