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ACCA Exam Structure Changes 2014-2015

ACCA Exam Structure Changes 2014-2015

Following are Exam Changes in ACCA Qualification From December 2014 Session. Terms:
CBE= Computer Based Exam
Paper= Written Paper Based Exam
MCQs= Multiple Choice Questions
OT= Objective Tests like MCQs
MTQs= Multiple Task Questions

 

Association of Certified Chartered Accountants (ACCA) 

Following are the Exam Structure Changes for December 2014 onwards

Fundamental Level:

This have 3 papers and are compulsory

F1 – Accountant in Business

Type: CBE or Paper 

Passing Marks= 50%

Time= 2 Hours

Structure Changes: 46 OTs and 6 MTQs

 

F2 – Management Accounting

Type: CBE or Paper 

Passing Marks= 50%

Time= 2 Hours

Structure Changes:  35 OTs and 3 MTQs

 

F3 – Financial Accounting

Type: CBE or Paper 

Passing Marks= 50%

Time= 2 Hours

Structure Changes:  35 OTs and 2 MTQs

 

Skill Level:

This have 6 papers and are compulsory

F4 – Corporate and Business Law

Type: CBE or Paper 

Passing Marks= 50%

Time= 2 Hours

Structure Changes:  45 OTs and 5 MTQs

 

F5 – Performance Management

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: 20 OTs and 5 Long Questions

 

F6 – Taxation 

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: No Change

(Changes will be effective after December 2014)

 

F7 – Financial Reporting

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: 20 OTs and 3 Long Questions

 

F8 – Audit and Assurance

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: 12 OTs and 6 Long Questions

 

F9 – Financial Management

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: 20 OTs and 5 Long Questions

 

Professional Level:

This have 7 papers and 3 are compulsory and 2 out of 5 are optional

P1 – Governance, Risk and Ethics 

(Compulsory)

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: No Change

 

P2 – Corporate Reporting

(Compulsory)

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: No Change

 

P3 – Business Analysis

(Compulsory)

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: No Change

 

P4 – Advanced Financial Management

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: No Change

 

P5 – Advanced Performance Management

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: No Change

 

P6 – Advanced Taxation

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: No Change

 

P7 – Advanced Audit and Assurance

Type: Paper only 

Passing Marks= 50%

Time= 3 Hours

Structure Changes: No Change

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