ACCA FAB Accountant in Business (formerly F1) is designed to develop an understanding of the business environment and the role of accounting and other key business functions in contributing to the efficient, effective and ethical management of an organisation, its people and systems.
About the Lecturer
Breda has nearly 15 years’ experience working in the finance department of one of Irelands top 10 accountancy practices.
Breda’s lectures will be exam focused to ensure all students are fully prepared for their ACCA FAB Accountant in Business (formerly F1) exam so they will have the best start on their ACCA journey.
Why choose PAT for your ACCA exam preparation?
ACCA FAB Accountant in Business Syllabus & Exam
The aim of ACCA FAB Accountant in Business is to introduce knowledge and understanding of the business and its environment and the influence this has on how organisations are structured and on the role of the accounting and other key business functions in contributing to the efficient, effective and ethical management and development of an organisation and its people and systems.
Objective of the Syllabus
- Understand the purpose and types of businesses and how they interact with key stakeholders and the external environment.
- Understand business organisation structure, functions and the role of corporate governance
- Recognise the function of accountancy and audit in communicating, reporting and assuring financial information and in effective financial control and compliance
- Recognise the principles of authority and leadership and how teams and individuals are recruited, managed, motivated and developed.
- Understand the importance of personal effectiveness as the basis for effective team and organisational behaviour.
- Recognise that all aspects of business and finance should be conducted in a manner which complies with and is in the spirit of accepted professional ethics and professional values
The syllabus is assessed by a two hour paper-based or computer-based examination. Questions will assess all parts of the syllabus and will test knowledge and some comprehension or application of this knowledge. The examination will consist of two sections. Section A will contain 30 two mark objective questions and 16 one mark objective questions. Section B will contain 6 four mark multitask questions each of which will examine one of the six main sections of the syllabus.
To read more about AB please click here.