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ACCA Exam code FA Beginner

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ACCA Financial Accounting (FA) Practice

This is an independent practice exam written by CareerByteCode to help students prepare. It is not an official exam and is not affiliated with, endorsed by or approved by the exam body. Exam names are used only to describe the exam it prepares for. Trademarks belong to their owners.

Scenario-based practice exam on the purpose of financial reporting, accounting concepts, double entry, recording transactions, reconciliations, trial balance, financial statements, basic consolidation and interpretation.

50
questions
75 min
time limit
70%
to pass
Free
your first exam

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Before you start

What this exam covers

Financial Accounting BasicsBeginner levelACCA track
Recording30%
Consolidation13%
Reconciliation12%
Statements10%
Trialbalance8%
Interpretation8%
Principles7%
Doubleentry7%

Part of the ACCA Applied Knowledge Path certification path (step 3 of 3). See the full path

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Common questions

Is this the official ACCA exam?

No. This is a practice exam that mirrors the ACCA Financial Accounting (FA) Practice style and issues a verifiable CareerByteCode certificate on a pass, not the official vendor certificate.

Is it free?

Your first exam is free to start. It is auto-graded instantly and a verifiable certificate is included on a pass. More exams unlock with a one-month plan from Rs 177 including GST, or free by inviting friends.

How is it graded?

50 questions, auto-graded server-side, 70% to pass, 75 minute limit. You can review your answers after submitting.