THE ACCA QUALIFICATION STRUCTURE
The new ACCA syllabus was introduced in December 2007. The new qualification has now been structured into two levels:

Fundamental level –which comprises 9 papers, in 2 modules:

• Knowledge module – 3 papers
• Skills – 6 papers

Professional level - which comprises 5 papers, in 2 modules:

• Essential modules – 3 papers
• Option Module - 2 papers from 4 option choices

KNOWLEDGE
F1 Accountant in Business
F2 Management Accounting
F3 Financial Accounting

SKILLS
F4 Corporate and Business Law
F5 Performance Management
F6 Taxation
F7 Financial Reporting
F8 Audit and Assurance
F9 Financial Management

ESSENTIALS
P1 Professional Accountant
P2 Corporate Reporting
P3 Business Analysis

OPTIONS (TWO TO BE COMPLETED)
P4 Advanced Financial Management
P5 Advanced Performance Management
P6 Advanced Taxation
P7 Advanced Audit and Assurance

• Note:
  International stream variants are taught on: Papers F3, F7, F8, P2 & P7.
  UK variants are taught for Papers

F6 & P6
F4 Is the English Law variant.