Choosing the right

combination of
ACCA Papers


Krista Farrugia
BPP Professional Education Malta
Director of Studies
ACCA Syllabus Structure
Entry
Skills Module
F9 Financial Management (FM)
F8 Audit & Assurance (AA)
F7 Financial Reporting (FR)
F6 Taxation (TX)
F5 Performance Management
(PM)
F4 Corporate & Business Law
(CL)
Knowledge Module
F3 Financial Accounting (FA)
F2 Management Accounting (MA)
F1 Accountant in Business (AB)
Fundamentals Level (9 papers)
The Fundamentals
level has two
modules
Knowledge and
Skills.

For certain ACCA
Accredited degrees
full exemption from
the Fundamentals
Level may be
granted.

ACCA Syllabus Structure
Options Module (Any Two)
P7 Adv Audit & Assurance (AAA)
P6 Adv Taxation (ATX)
P5 Adv Performance Management (APM)
P4 Adv Financial Management (AFM)
Essentials Module
P3 Business Analysis (BA)
P2 Corporate Reporting (CR)
P1 Professional Accountant (PA)
Professional level (5 papers)
The Professional level is
divided into two modules
Essentials and Options.

Professional Level exams
are three hours long and are
paper-based.

There is no longer a
requirement to sit all
Essentials (previously
Core) papers together.

Local Variant Papers
Three local variant papers: -

F4 Corporate and Business Law (Malta
Variant)

F6 Taxation (Malta Variant)

P6 Advanced Taxation (Malta Variant)
The Process

Modules must be sat in the following order: Knowledge,
Skills, Essentials and Options.

Up to four exams may be taken at any sitting and exams
may be taken in any order as long as the modules are
attempted in order.

Knowledge module exams are two hours long and can be
sat as computer or paper-based exams.

The Skills module and all Professional Level exams are
three hours long and are paper-based.
Professional Ethics Course
Must be completed before finally applying for membership
Available online, on CD-ROM or paper-based
Made available once eligible to take
P1 (Professional Accountant)
Best taken when or before sitting P1

BSc (Hons) in Applied Accounting
Partnership between ACCA and Oxford
Brookes University

Indicate on the initial registration form

Submit a Research and Analysis Project
(not exceeding 5000 words) and a Key
Skills Statement (not exceeding 1500
words)

What many papers should I choose
in one sitting?
ACCA is a very flexible qualification

Can be done as slowly (max 10 years)
or as fast as one chooses

Maximum of 4 papers every sitting but
we recommend average of 2/3 papers
every sitting

What is the best combination of
papers?
The combination of papers depends on
the following :
Your background of accountancy
Your work experience
Time constraints
The desired speed of completion


Extra Fast route
First sitting F1,F2,F3 (CBEs), F4
Second sitting F5, F7, F8
Third sitting F6, F9
Forth sitting P1, P2, P3
Fifth sitting P6, P7

Qualified in 2.5 years

Fast route
First sitting F1,F2,F3 (CBEs), F4
Second sitting F5, F7
Third sitting F8, F9
Forth sitting F6
Fifth sitting P1, P2, P3
Sixth sitting P6, P7

Qualified in 3 years

Moderate route
First sitting F1,F2,F3 (CBEs)
Second sitting F5, F7
Third sitting F4, F8
Forth sitting F6
Fifth sitting F9, P1
Sixth sitting P2, P3
Seventh sitting P6, P7

Qualified in 3.5 years

Slow route
First sitting F2,F3 (CBEs)
Second sitting F1, F4
Third sitting F5, F7
Forth sitting F8, F9
Fifth sitting F6
Sixth sitting P1/P3, P2
Seventh sitting P1/P3, P7
Eight sitting P6

Qualified in 4 years

Extra slow route
First sitting F1
Second sitting F2, F3
Third sitting F4
Forth sitting F5
Fifth sitting F7
Sixth sitting F8, F9


Extra slow route
Seventh sitting F6
Eight sitting P1
Ninth sitting P2
Tenth sitting P3
Eleventh sitting P6, P7

Qualified in 5.5 years

Any Questions

kfarrugia@bpp.com