The ACCA F4 Syllabus is the first part of the Skills Module. It is devoted to Corporate and Business Law which is to provide legal framework for business accounting. Here the emphasis is made on application and analysis sides of the educational process.
The ACCA F4 exam is held in the form of paper based exam, which lasts for three hours. It consists of 100% compulsory questions; the pass mark is 50% as usual. All the exams are provided with 15 minutes of the time, when students are allowed to look through the examination questions to make sure all is clear. Still, during this time it is prohibited to make notes on the examination answer paper.
To accomplish the ACCA F4 paper a student should possess profound knowledge in the following fields:
- legal system and main sources of law;
- law of obligations;
- employment law;
- difference between alternative types and constitutions of business organizations;
- capital and its types;
- the process of business financing;
- management, administration and regulation of a company;
- legal handling of a company’s operation, including issues of bankruptcy and crisis;
- governance and authority issues, business ethics.
The whole ACCA F4 syllabus is divided in eight parts, with each of them providing essential theoretic and practical data on legal issues through court structure and human rights to corporate governance and fraudulent behavior. Important part of this ACCA F4 paper is that it provides case study, which is a crucial practical part of every studying process.
The main online sources which provide the ACCA qualification courses also offer additional studying materials. They include advisory materials from the ACCA F4 examiners and Approved Learning Partners – they provide the ACCA F4 students with their overview of accountancy practice. They share their experience and help to pass the ACCA F4 exam successfully.