2. EXAMINER’S APPROACH: F 1, F AB Accountant in Business

3. WHERE THE PAPER FITS?

4. Diploma in Accounting and Business (3 papers below + FiP) (ACCA Fundamentals Knowledge module – 3 exam papers only ) F1 Accountant in Business (FAB) F2 Management Accounting (FMA) F3 Financial Accounting (FFA) Advanced Diploma in Accounting and Business (6 papers + Professional ethics module) (ACCA Fundamentals Skills Module – 6 exam papers only)

5. LINKS TO OTHER PARTS OF THE QUALIFICATION?

6. P1P1 F 2 and F 3 P3P3

7. Other papers Practical experience

8. OVERALL CONCEPT?

9. “The accountant sees the wood AND the trees” Adapted from the well known saying

10. BROAD THEMES?

11. Business purpose Ethics Business structure Accounting functions Leadership and management

12. F 1 CONTENT?

13. Section A Section B

14. Sections D and E Section C Section F

15. EXAM STRUCTURE?

16. 2 hours Objective testing

17. 50 two mark questions

18. Number of Questions? Guessing? On demand? Time allocation? Choice?

19. EXAM TIPS

20. Strategy Key areas

21. Tip 2 - Breadth! Tip 1 - Top down! Tip 3 - Practice!

22. EXAM PITFALLS

23. Pitfall 2 - Rushing! Pitfall 1 - Unprepared! Pitfall 3 - Unanswered questions!

24. Illustration and context Global paper Broad principles

25. Examiners’ reports Common problems

26. TO CONCLUDE

27. Apply! Read! Move on!