ACCA Exams

There are 13 ACCA exams which students must take to achieve the ACCA qualification. Exams can be sat 4 times a year and can be taken in any order within each level. Typically it can take 3-4 years to complete all exams but it can be quicker if you receive exemptions. If you’d like more information on the ACCA syllabus and what topics are included in each exam, please see our ACCA syllabus page. This page covers what to expect in each ACCA exam, exam dates and exam fees.

ACCA Exams

ACCA Exam structure

The qualification is structured around three levels:

  • Applied Knowledge
  • Applied Skills
  • Strategic Professional

 

Applied Knowledge

The Applied Knowledge level is made up of 3 exams, these provide you with the essential building blocks needed for a successful career in Finance and Accountancy:

 

Applied Skills

The Skills module has 6 exams which cover the technical aspects of accountancy:

Strategic Professional

The Strategic Professional exams prepare students for future leadership positions. They develop the strategic vision using your unique blend of technical, ethical, and professional skills. And you can specialise in areas that best suit your career ambitions. Students must complete both Essentials exams and choose two of the Options. These exams are:

The Essentials modules:

The Options modules:

In order to complete your ACCA qualification, you must also take the Professional Ethics module to enhance your leadership and communications skills. ACCA recommends that this be taken before you attempt the Professional level exams, as the module will help you with the second half of the qualification.

What to expect in each ACCA exam 

This section will tell you what to expect from each exam, including some topics and the marks available. Each ACCA exam is divided into Section A and Section B.

Business and Technology

Section A has 46 objective questions, worth 12 marks each.

Section B has 6 scenario based multitask questions, worth 4 marks each.

This  exam has a time limit of 2 hours and assess your knowledge of business environments and their structure.

Management Accounting

Section A has 35 objective questions, worth 2 marks each.

Section B has 3 multitask questions, worth 10 marks each.

This exam has a time limit of 2 hours and will assess your knowledge of budgeting, standard costing and performance measurement.

Financial Accounting

Section A has 35 objective questions, worth 2 marks each.

Section B has 2 multitask questions, worth 15 marks each.

Your knowledge of accounts preparation and consolidations will be assessed.

Corporate and Business Law

Section A has 20 questions worth 1 mark and 25 questions worth 2 marks each.

Section B has 5 multitask questions, worth 6 marks.

You will be assessed on the corporate legal framework.

Performance Management (3 hours)

In this exam, Section A is made up of 20 multiple choice questions, worth 2 marks each.

Section B has 3 questions comprised of 5 objective test items worth 2 marks each.

Section C has 2 questions worth 20 marks each.

Your knowledge of putting quantitative and qualitative techniques into practice will be assessed.

Taxation

Section A has 15 objective test question each worth 2 marks.

Section B has 3 objective test cases with 5 objective test questions worth 2 marks each.

Section C is worth 40 marks in total and has 3 scenarios.

Your knowledge and skills relating to the tax system as applicable to individuals, single companies and groups of companies will be assessed.

Financial Reporting

Section A of this exam has 15 objective test questions worth 2 marks each.

Section B has 3 objective test case questions worth 10 marks each case has 5 objective question worth 2 marks each.

Your knowledge of financial statements in particular will be assessed, alongside other aspects of the module.

Audit and Assurance

In this ACCA exam, Section A has 3 mini case studies with a number of different question types worth 30 marks.

Section B has 3 scenario based questions and is worth 70 marks. Questions can be attempted in any order.

The exam is practical in application, as well as aiming to ensure that candidates who pass this exam understand the basics of an audit. Consequently, the exam aims to strike a balance between technical knowledge as well as a practical application of this knowledge.

Financial Management

Section A of this ACCA exam has 15 objective test questions, worth 2 marks each.

Section B has 3 questions, comprising of 5 objective test items worth 2 marks each.

Section C has 2 questions worth 20 marks each.

You'll develop the knowledge and skills expected of a finance manager, in relation to investment, financing and dividend policy decisions. The syllabus is designed to equip you with the skills that would be expected from a finance manager responsible for the finance function of a business.

Strategic Business Leader (4 hours)

The examination is based on an integrated case study containing a number of assignments which will vary at each sitting. Within the total marks available, there are 20 Professional Skills marks.

The Strategic Business Leader exam is designed to mirror the workplace and requires you to demonstrate a blend of technical, ethical and professional skills. It tests your ability to function as an accountant in a simulated workplace and asks you to respond to requests from people in various roles. It won’t only be the technical quality of your answer that matters, but how professional your response is.

 

Strategic Business Reporting

Section A has 2 scenario based questions worth a total of 50 marks. 50-mark question on consolidated financial statements and issues within financial reporting.

Section B has 2 questions worth 25 marks each.

The Strategic Business Reporting (SBR) exam requires you to demonstrate your ability to make strategic business reporting decisions. Building on your existing knowledge and skills, in SBR you will need to link accounting issues to relevant concepts in practical situations. You will need to demonstrate judgement and often consider the perspective of different stakeholders such as investors in your answers.

Advanced Financial Management

Section A has 1, 50-mark question which is scenario based.

Section B has 2, 25-mark questions which are also scenario based.

The Advanced Financial Management exam is designed to replicate the role of a senior financial executive or advisor, and prepares candidates to advise management and/or clients on complex strategic financial management issues facing an organisation.

 

Advanced Performance Management

Section A has 1, 50-mark question and is a detailed case study scenario.

Section B has 3, 25-mark questions.

The Advanced Performance Management exam is designed to reflect the strategic role of management accounting as a discipline for planning and controlling performance so that strategic objectives can be set, monitored and controlled. It recognises the impact of external factors on strategic management issues and covers the risks these factors present and how they can be measured and managed.

Advanced Taxation

Section A has 1, 35-mark question and 1, 25-mark question.

Section B has 2, 20-mark questions.

The Advanced Taxation exam is designed to reflect the need to exercise professional judgement and provide relevant information and advice to individuals and businesses on the impact of major taxes on financial decisions and situations.

 

Advanced Audit and Assurance

Section A has 1 case-study style question worth 50 marks.

Section B has 2, 25-mark questions.

The Advanced Audit and Assurance exam is designed to reflect the challenges auditors will face in their professional life. You will be required to analyse, evaluate and conclude on the assurance engagement and other audit and assurance issues in the context of best practice and current developments.

ACCA Exams

ACCA Exam dates

ACCA exams run four times per year, during March, June, September, and December. Below you will find information for the next exam sitting. For more specific ACCA exam information based on your region please visit the ACCA website.

Monday 7 December – Friday 11 December 2020

Monday

Tuesday

Wednesday

Thursday

Friday

Audit and Assurance (AA)

Taxation (TX)

Performance Management (PM)

Financial Reporting (FR)

Financial Management (FM)

Advanced Audit and Taxation (AA)

Advanced Taxation (ATX)

Advanced Performance Management (APM)

Strategic Business Reporting (SBR)

Advanced Financial Management (AFM)

 

Strategic Business Leader (SBL)

 

 

Corporate and Business Law (LW)

Monday 1 March – Friday 5 March 2021

Monday

Tuesday

Wednesday

Thursday

Friday

Audit and Assurance (AA)

Taxation (TX)

Performance Management (PM)

Financial Reporting (FR)

Financial Management (FM)

Advanced Audit and Assurance (AAA)

Advanced Taxation (ATX)

Advanced Performance Management (APM)

Strategic Business Reporting (SBR)

Advanced Financial Management (AFM)

 

Strategic Business Leader (SBL)

 

 

Corporate and Business Law (LW)

 

This page will be updated with the latest ACCA exam dates when they are released by ACCA. Information up to date as of the 13/10/2020.  For up to date information, visit the ACCA exams page

UK ACCA Exam fees

Fees are subject to change. Please visit the ACCA website for the latest fees or country specific information.

Generic Exam fees

Registration - £89

Re-registration - £89

Annual Subscription - £112

Exemption fee (Knowledge module) - £98

Exemption fee (Skills module) - £123

Applied Skills fees

December 2020 early entry - £123

December 2020 Standard entry - £130

December 2020 Late entry - £332

 

March 2021 early entry - £123

March 2021 Standard entry - £130

March 2021 Late entry - £332

 

Strategic Professional (essentials)

December 2020 early entry - £210

December 2020 Standard entry - £222

December 2020 Late entry - £358

 

March 2021 early entry - £210

March 2021 Standard entry - £222

March 2021 Late entry - £358

Strategic Business Reporting

December 2020 early entry - £164

December 2020 Standard entry - £173

December 2020 Late entry - £358

 

March 2021 early entry - £164

March 2021 Standard entry - £174

March 2021 Late entry - £358

Strategic Professional (options)

December 2020 early entry - £164

December 2020 Standard entry - £173

December 2020 Late entry - £358

 

March 2021 early entry - £164

March 2021 Standard entry - £173

March 2021 Late entry - £358

 

Ethics and Professional Skills Module - £78

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