ACCA Financial Accounting FA FFA F3
Books & Revision Kits
FA/FFA/F3 is a basic paper in Financial Accounting,
The aim of this paper is to provide basic knowledge of Financial Accounting to students.
Basic how-to know of IAS/IFRS, basic calculations of accounting standers, as well basic knowledge of all five Financial statements,
- Balance sheet
- Statement of cash flow
- Income statement
- Statement of cash flow
- Statement of changes in equity
Exams:
This paper consists of 100 Marks questions which all are compulsory. So need to study every single topic area of the syllabus in all aspects.
This exam consists of 2 parts
A) 70 Marks total( 35 OTQs – each question 2 marks)
B) 2 Multi-task questions (15 marks each)
The passing marks are 50%
The aim of this paper is to develop an understanding of the basic concepts of Financial Accounting and give the basic knowledge of double-entry accounting systems
Also
- This paper covers the basic method of account preparation
- Accounting cycle of accounting, Recording, Processing, and reporting transaction of a business
- How to prepare and use trial balance and how to identify either if this inst equal, with a different technique
- Also teach students how to inter prate Financial Statements, Individual Financial statements & Consolidation
- What is the purpose of Financial Reporting
- Qualitative and Quantitative analysis
- Double-entry accounting system
- Recording of business transactions
FA Pass Rate
As this is a basic paper so not normal students pass this paper easily with doing normally practice and with average study efforts, The average pass rate of this paper is around 70%
| Dec 2017 | Jun 2018 | Dec 2018 | Jun 2018 | Dec 2019 |
|---|---|---|---|---|
| 71% | 71% | 72% | 72% | 71% |
ACCA MA FFA F3. Financial Accounting ACCA/FIA, Purpose of this paper is to provide basic knowledge of financial accounting, this is a basic paper of FR and SBR