ACCA APPLIED Knowledge LEVEL
financial accounting (fa)
The applied knowledge along with Skills level subject Corporate & Business Law (CBL) are on-demand exams and can be sat at any time of the year. Applied skills level subjects can be taken in any order.
You may qualify for exemptions which let you start your studies at a level that is consistent with the knowledge and skills gained from prior learning. They provide you with the quickest route to ACCA membership.
Click below to establish any exemptions you may be awarded along with further important dates and information.
practical experience record (PER)
Don't Forget! As part of your journey to become an ACCA member, you must demonstrate relevant skills and experience within a real work environment. This is what ACCA's Practical Experience Requirement (PER) is all about.
To complete ACCA and gain membership you will need to achieve 36 months of supervised experience. This should be in a relevant accounting or finance role.DOWNLOAD THE PER GUIDe FIND OUT MORE ABOUT PER here
The aim of ACCA Financial Accounting FA (F3) is to develop knowledge and understanding of the underlying principles and concepts relating to financial accounting and technical proficiency in the use of double-entry accounting techniques including the preparation of basic financial statements.
A) The context and purpose of financial reporting
B) The qualitative characteristics of financial information
C) The use of double-entry and accounting systems
D) Recording transactions and events
E) Preparing a trial balance
F) Preparing basic financial statements
G) Preparing simple consolidated financial statements
H) Interpretation of financial statements
READY TO MAKE A START with rca?
Step right in and start your ACCA & RCA journey. RCA run all courses twice yearly to help keep you moving through the ACCA qualification with classes running during the spring and autumn terms for FA
"IT'S YOUR TIME TO SHINE"