ACCA Financial Accounting Module – ACCA FA F3

Course code: EXP003

Work towards your ACCA qualification and membership with this Financial Accounting module.

  • Want to work anywhere in the world? - ACCA has a worldwide reputation for excellence and their rigorous qualifications are recognised and respected across the globe
  • Want to stand out to the best employers? - employers across the globe seek out ACCA-trained professionals because they know they have the strategic thinking, technical skills and professional values to drive their organisations forward.
  • Want the support you need to succeed? - the ACCA dedicated, 24-hour support service is available to answer questions or give advice
This course is only available to study online.
Course overview

This module is one of 13 that you will need to complete in order to fully qualify as an ACCA member. It is part of ACCA Fundamentals – Applied Knowledge, which consists of 3 modules overall.

Read our guide to the ACCA course and modules.

Course Duration

Varies depending on enrolment date.

Course Outcome

On successful completion of your exam you will receive a pass in the Financial Accounting module. This pass will count towards the full ACCA qualification.


A mixture of progress tests and mock exams to prepare you for your exam.

Course content
  • The context and purpose of financial reporting
  • The qualitative characteristics of financial information
  • The use of double-entry and accounting systems
  • Recording transactions and events
  • Preparing a trial balance
  • Preparing basic financial statements
  • Preparing simple consolidated financial statements
  • Interpretation of financial statements
Extra info


During this course you will complete a number of progress tests and mock exams in preparation for your exam. You will need to sit an exam at the end of this module in order to achieve a pass.

Exams are not included in the cost of this course. You will need to book your exams directly with ACCA.

Course Duration

Course duration varies for each module depending on enrolment date.

Study Method

This course is offered on a distance learning basis, with access to required study materials and unlimited support from your personal tutor via email. Study at your own pace, wherever and whenever you choose.

Course Outcome

On successful completion of your exam will receive a pass in the Financial Accounting module. This pass will count towards your overall ACCA membership.

Awarding Body

The ACCA (Association of Chartered Certified Accountants) is a global body for professional accountants. It is currently the world’s largest accountancy body, with nearly 700,000 members and students in 180 countries.

With a network of 83 offices and active centres around the world, the ACCA also have 57 global accountancy partnerships. Within Europe they are a recognised supervisory body for the purposes of licensing auditors and finance professionals in the European Union.


You will need three GCSEs (grades 1-6/A-C) and two A Levels (grades A-E) in five separate subjects, including Maths and English.

Equivalent qualifications may be accepted. Further information on these can be found on the ACCA website.

Proof of your qualifications need to be provided when registering with ACCA as a student.

To complete the full ACCA qualification, you will need to complete a total of 36 month’s work experience in a relevant accounting or finance role. This work will need to be supervised and signed off by a practical experience supervisor.

You can start your work experience at any time and can continue gaining experience after completion of your exams.

  • Online learning platform
  • Video tutorials and webinars
  • Exam kit and progress tests
  • Personal study plan
  • Dedicated personal tutor support
  • Dedicated student support
  • FREE CV critique service
  • FREE employability guide to help you impress future employers
  • FREE XO Student Discounts card

Registration fees and exams are not included in the cost of this course. You will need to book and pay for these directly with ACCA.

That's not a problem. We want to make sure you’re 100% confident about enrolling on the course and starting your study. So, just give our Student Adviser Team a call on 03300 563 100 and they’ll do their best to help.

Enrol now

If you are interested in and you’re looking for a more flexible approach to learning that fits around your life - this is the ideal course for you. Enrol online today by clicking below or speak to one of our advisers for more information.

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