Study Materials

Paper F3 concentrates on the basics of financial accounting. The object is to give students a good grounding in double entry book-keeping and the preparation of basic financial statements for sole traders, partnerships and companies. The main sections are:

  1. The context and purpose of financial reporting
  2. Accounting conventions
  3. Use of double entry book-keeping
  4. Recording transactions and events
  5. Preparing a trial balance
  6. Preparing basic financial statements

The syllabus is very similar to the old paper 1.1, but includes more detail on credit transactions (particularly the reconciliation of supplier statements before payment is made). However, Paper F3 excludes work on ratios and basic consolidated financial statements, which are now in Paper F7.

The above notes apply to both the International and UK streams. However, students should be aware that ACCA's main stream is now International, with UK being offered only as a variant. We provide materials for both the F3 International stream and the UK variant.


Study Text

Price: £30
Suitable for: Dec 2008 exams
ISBN: 978 07517 47232

The examiner has reviewed the study text, which concentrates on the key areas of the syllabus and takes account of the examiner's guidance on how topics will be examined. It includes a step-by-step approach to topics that students may find difficult, such as control account reconciliations and suspense accounts. There are lots of examples and questions in each chapter to help you practise the techniques.

View the table of contents
View a sample chapter

Please download the F3 International Study Text Supplement if you are using the Study Text - it updates the knowledge that you need in order to get through your exam.

Practice and Revision Kit

Price: £16
Suitable for: Dec 2008 exams
ISBN: 978 07517 46792

The most important factor in passing any exam is plenty of question practice. The questions in the F3 kit cover all areas of the syllabus and are in the same order as the text chapters. They include preparation questions to help you practise important techniques as well as exam standard questions. There are also banks of mixed questions, which include past exam questions. The pilot paper is included as a mock exam.

View the table of contents
View a sample chapter

Passcards

Price: £10
Suitable for: Dec 2008 exams
ISBN: 978 07517 46570

The F3 passcards are an important revision tool. Topics are dealt with in the same order as the text, with the cards summarising the key facts that you must know for the exam.

View the table of contents
View a sample chapter

i-Learn

Price: £40
Suitable for: Dec 2008 exams
ISBN: 978 07517 47454

The F3 i-Learn gives you a chance to take a fresh look at topics, particularly if you are tired of reading. The interactive format enables you to study and practise topics such as double entry book-keeping, bank reconciliations or accounts preparation. The programme will give you hints if you are stuck on a question and will give you feedback, helping you to understand where you went wrong.

i-Pass

Price: £30
Suitable for: Dec 2008 exams
ISBN: 978 07517 41010

The F3 exam will be a computer-based exam and so it is important that you get used to answering questions in this way. The F3 i-Pass includes questions for each major area of the syllabus. You can concentrate on a particular area, such as errors and suspense accounts, or have mixed topics loaded to practise your weaker areas. There is also a mock exam to take.

Success CD

Price: £15
Suitable for: Dec 2008 exams
ISBN: 978 07517 47676

This is another useful revision tool. The F3 CD summarises important topics and can be played in situations where it is impossible to read, helping you to make maximum use of your time when revising.