{"id":2320,"date":"2023-08-01T07:10:52","date_gmt":"2023-08-01T01:40:52","guid":{"rendered":"https:\/\/www.thewallstreetschool.com\/blog\/?p=2320"},"modified":"2023-08-01T07:10:52","modified_gmt":"2023-08-01T01:40:52","slug":"acca-syllabus","status":"publish","type":"post","link":"https:\/\/www.thewallstreetschool.com\/stg-new\/acca-syllabus\/","title":{"rendered":"ACCA Syllabus 2023 &#8211; Papers List, Exemptions &#038; Exam Pattern"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Looking for a successful career in accountancy across different industries? Gaining accreditation from the ACCA (Association of Chartered Certified Accountants) opens up lucrative career opportunities in senior roles, substantially increasing earning potential.<\/span><\/p>\n<p>[lwptoc]<\/p>\n<p><span style=\"font-weight: 400;\">ACCA is a coveted qualification for global management, banking and consultancy professionals. With ACCA, you can earn the prestigious status of an accountant significantly boosting your accountancy career.\u00a0<\/span><\/p>\n<p><strong>If you aspire to pursue ACCA, follow this blog for all the necessary details about ACCA syllabus 2023, ACCA exemptions, ACCA exam pattern and other related information.\u00a0<\/strong><\/p>\n<h3><strong>ACCA Syllabus 2025<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">ACCA is the oldest CA programme in the world and is accredited in more than 180 countries. <\/span><span style=\"font-weight: 400;\">ACCA syllabus<\/span><span style=\"font-weight: 400;\"> is updated from time to time to keep it relevant to the current industry standards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are different levels in the <\/span><span style=\"font-weight: 400;\">ACCA syllabus<\/span><span style=\"font-weight: 400;\">. They are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Foundation Level<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Knowledge Level<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Skill Level\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Strategic Professional Level<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">There are specific papers under each level; candidates must clear these papers to become Chartered Certified Accountants. Each paper covers subjects and topics related to the paper.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The following table details the <\/span><span style=\"font-weight: 400;\">ACCA papers list<\/span><span style=\"font-weight: 400;\"> for each level:<\/span><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td><b>ACCA Levels<\/b><\/td>\n<td><b>ACCA Papers<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Foundation<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Certified Accounting Technician (CAT<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ACCA Diploma in Financial and Management Accounting (RQF Level 3)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ACCA Diploma in Financial and Management Accounting (RQF Level 2)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ACCA Diploma in Financial and Management Accounting (RQF Level 3)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ACCA Diploma in Accounting and Business (RQF Level 4)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Knowledge Level<\/span><\/td>\n<td><span style=\"font-weight: 400;\">F1 Paper &#8211; Business and Technology (BT)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">F2 Paper &#8211; Management Accounting (MA)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">F3 Paper &#8211; Financial Accounting (FA)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Skill Level<\/span><\/td>\n<td><span style=\"font-weight: 400;\">F4 Paper &#8211; Corporate and Business Law (LW)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">F5 Paper &#8211; Performance Management (PM)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">F6 Paper &#8211; Taxation (TX)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">F7 Paper &#8211; Financial Reporting (FR)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">F8 Paper &#8211; Assurance and Audit (AA)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">F9 Paper &#8211; Financial Management (FM)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Strategic Professional Level (Compulsory Papers)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">P1 and P3 Papers &#8211; Strategic Business Leader (SBL)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">P2 Paper &#8211; Strategic Business Reporting (SBR)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Strategic Professional Level\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">(Elective Subjects &#8211; Any 2 from the 4 papers)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">P4 Paper &#8211; Advanced Financial Management (AFM)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">P5 Paper &#8211; Advanced Performance Management (APM)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">P6 Paper &#8211; Advanced Taxation (ATX)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">P7 Paper &#8211; Advanced Audit and Assurance\u00a0 (AAA)<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h3><strong>ACCA Exemptions 2025<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">A general candidate has to clear all 13 papers of ACCA to become a Chartered Certified Accountant. Interestingly, there are some <\/span><span style=\"font-weight: 400;\">ACCA exemptions<\/span><span style=\"font-weight: 400;\">. Candidates have to apply for exemptions from the various papers of ACCA exams. <\/span><strong>Candidates can determine their eligibility for exemptions through the <a href=\"https:\/\/www.accaglobal.com\/an\/en\/help\/exemptions-calculator.html\" target=\"_blank\" rel=\"noopener\">ACCA online exemptions calculator<\/a>.<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Listed below are some common <\/span><span style=\"font-weight: 400;\">ACCA exemptions<\/span><span style=\"font-weight: 400;\"> for which candidates can apply:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There are no exemptions for candidates who have just cleared their 10+2 examinations. They must appear for all 13 ACCA papers and clear all the levels to achieve successful certification.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There are exemptions for candidates who have cleared their B.Com or M.Com examinations. Out of the 13 ACCA papers, these candidates have to appear for 9 papers only. This implies they have exemptions from 4 papers. <\/span>They do not have to appear for the 3 papers at the \u2018Knowledge\u2019 level, namely, F1 Paper &#8211; Business and Technology (BT), F2 Paper &#8211; Management Accounting (MA) and F3 Paper &#8211; Financial Accounting (FA) along with 1 paper at the \u2018Skill\u2019 level namely F4 Paper &#8211; Corporate and Business Law (LW).<\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Candidates who have cleared CA Inter examinations will enjoy ACCA exam exemptions. They will have to appear for only 8 ACCA papers. <\/span>The papers which are exempted for these candidates include \u2018Knowledge\u2019 Level papers &#8211; F1 Paper &#8211; Business and Technology (BT), F2 Paper &#8211; Management Accounting (MA), F3 Paper &#8211; Financial Accounting (FA) and 2 papers from \u2018Skill\u2019 Level, namely F6 Paper &#8211; Taxation (TX) and F8 Paper &#8211; Assurance and Audit (AA).<\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Candidates who have cleared their CA examinations have the maximum <\/span><span style=\"font-weight: 400;\">ACCA exemptions 2023<\/span><span style=\"font-weight: 400;\">. These candidates are exempted from 9 ACCA exam papers. This means they will have to appear for only 4 ACCA exam papers. <\/span>These candidates do not need to appear for any of the \u2018Knowledge\u2019 level and \u2018Skill\u2019 level papers, from F1 to F9. There is a total exemption from these papers. They must appear only for the 4 \u2018Strategic Professional\u2019 level papers &#8211; 2 mandatory and 2 electives.<\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Understanding the <\/span><span style=\"font-weight: 400;\">ACCA Exam Pattern<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A clear understanding of the <\/span><span style=\"font-weight: 400;\">ACCA paper pattern<\/span><span style=\"font-weight: 400;\"> will help you prepare for the examination accordingly.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ACCA exams for F1 Paper &#8211; Business and Technology (BT), F2 Paper &#8211; Management Accounting (MA), F3 Paper &#8211; Financial Accounting (FA) and F4 Paper &#8211; Corporate and Business Law (LW) are in demand. Candidates can book these exams at an approved ACCA centre at any time of the year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The other 9 exams out of the total 13 are conducted four times annually in March, June, September and December. The <\/span><span style=\"font-weight: 400;\">ACCA exam pattern<\/span><span style=\"font-weight: 400;\"> has two parts: paper-based and computer-based. Both parts have scenario-based and MCQ-based questions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let us take a look at the paper-wise exam pattern of the ACCA exam 2023:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Papers F1 to F4<\/span><\/h3>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">There are around 50 MCQ-based questions in these papers. Each question carries 2 marks.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Papers F5 to F9<\/span><\/h3>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This section comprises 60% MCQ-based questions and 40% long answer questions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Section A has 15 questions of 2 marks each.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Section B has 3 scenario-based questions of 15 marks each. After each scenario, there are 5 MCQ-based questions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Long answer type questions: A scenario is provided, and 3-4 questions are asked based on the given scenario.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Papers P1 to P6<\/span><\/h3>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For these exam papers, there are scenario-based questions only.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Section A comprises a case study of 50 marks. Candidates must understand the case study and answer the 4-5 questions based on the study. This section includes 4-6 professional marks also.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Section B comprises 3 cases, of which candidates must attempt any 2. Each case carries 25 marks, so the total section is 50 marks.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This breakup of the <\/span><span style=\"font-weight: 400;\">ACCA paper pattern<\/span><span style=\"font-weight: 400;\"> lets candidates know the marks distribution and the type of questions asked in the papers.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Conclusion<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Those interested in enrolling in an ACCA course must thoroughly review the <\/span><span style=\"font-weight: 400;\">ACCA syllabus 2023<\/span><span style=\"font-weight: 400;\"> and check the <\/span><span style=\"font-weight: 400;\">ACCA papers list<\/span><span style=\"font-weight: 400;\">. This will give them an idea of the papers and topics they must study. It is also recommended to gather proper information about the <\/span><span style=\"font-weight: 400;\">ACCA exemptions<\/span><span style=\"font-weight: 400;\">. Candidates can seek specialised coaching for an ACCA course.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ACCA aspirants can enrol for the <\/span><a href=\"https:\/\/www.thewallstreetschool.com\/acca-coaching-program\"><span style=\"font-weight: 400;\">ACCA Coaching Classes<\/span><\/a><span style=\"font-weight: 400;\"> offered by The WallStreet School India. On joining the classes, candidates will receive detailed presentations and notes for each subject and each topic.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Students get 1000+ hours of training during the programme, including interview and examination preparations. Instructors imparting the classes have over 20 years of corporate experience. Most importantly, candidates receive skill-based training and 100% placement assistance.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">FAQs<\/span><b><\/b><\/h2>\n<ul>\n<li aria-level=\"1\"><b>What are the different levels in the <\/b><b>ACCA syllabus<\/b><b>?<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">There are 4 levels in the <\/span><span style=\"font-weight: 400;\">ACCA syllabus 2023<\/span><span style=\"font-weight: 400;\">: Foundation Level, Knowledge Level, Skill Level and Professional Level. Each level has different ACCA papers.\u00a0<\/span><b><\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>Are the <\/b><b>ACCA exam pattern<\/b><b>s different for different papers?<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Yes, <\/span><span style=\"font-weight: 400;\">ACCA paper pattern<\/span><span style=\"font-weight: 400;\">s are different for different papers. While some papers have MCQ-based questions, some have a combination of MCQ-based and long questions. Again, there are papers which have scenario-based and case-study questions. The marks vary depending on the question type.\u00a0<\/span><b><\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>What is the last date for 2023 ACCA registration?<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The last date for completing the registration process for the 2023 ACCA is July 31, 2023. The 2023 ACCA examination for the September session will be held from September 4 to 8, 2023.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Looking for a successful career in accountancy across different industries? Gaining accreditation from the ACCA (Association of Chartered Certified Accountants) opens up lucrative career opportunities in senior roles, substantially increasing earning potential. [lwptoc] ACCA is a coveted qualification for global management, banking and consultancy professionals. With ACCA, you can earn the prestigious status of an [&hellip;]<\/p>\n","protected":false},"author":38,"featured_media":1665,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[567],"tags":[],"class_list":["post-2320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-acca"],"_links":{"self":[{"href":"https:\/\/www.thewallstreetschool.com\/stg-new\/wp-json\/wp\/v2\/posts\/2320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thewallstreetschool.com\/stg-new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thewallstreetschool.com\/stg-new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thewallstreetschool.com\/stg-new\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thewallstreetschool.com\/stg-new\/wp-json\/wp\/v2\/comments?post=2320"}],"version-history":[{"count":0,"href":"https:\/\/www.thewallstreetschool.com\/stg-new\/wp-json\/wp\/v2\/posts\/2320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thewallstreetschool.com\/stg-new\/wp-json\/wp\/v2\/media\/1665"}],"wp:attachment":[{"href":"https:\/\/www.thewallstreetschool.com\/stg-new\/wp-json\/wp\/v2\/media?parent=2320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thewallstreetschool.com\/stg-new\/wp-json\/wp\/v2\/categories?post=2320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thewallstreetschool.com\/stg-new\/wp-json\/wp\/v2\/tags?post=2320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}