You may be aware that ACCA have introduced four exam sessions a year starting its pilot exam from September 2015. If you are planning to take September 2015 sitting then you should know what are coming September 2015 Exam Changes.
Relevant links on September 2015 Session:
– September 2015 Launches in 14 Countries
– ACCA September 2015 Exam Dates
Following is the list that guides you about changes in exam of september 2015 and onwards
| Paper | Exam Changes |
| F5 Performance Management | No Change |
| F6 (UK) Taxation | No Change |
| F7 Financial Reporting | Two areas of the syllabus will be examined under new accounting standards: – IFRS 9, Financial Instruments, – IFRS 15, Revenue from Contracts with Customers |
| F8 Audit & Assurance | No Changes |
| F9 Financial Management | Newer sources of finance for SMEs have been added |
| P1 Governance Ethics & Risk | – A1 c) amended to include private sector – A7 b) amended to include the Mendelow matrix – New A9 e) added to include examination of the 3 Es and public value in public sector governance – B1 c) amended to make more explicit reference to fraud and error in respect of internal control |
| P2 Corporate Reporting | – Syllabus coverage of revenue has been amended to reflect IFRS 15, Revenue from Contracts with Customers – Syllabus coverage of financial instruments has been amended to reflect the final version of IFRS 9, Financial Instruments – Some changes to the content of the list of exposure drafts and discussion papers that are examinable |
| P3 | Two new outcomes added to syllabus: – Discuss how big data can be used to inform and implement business strategy – Discuss how the finance function has transformed to enabling an accountant to have a key role in the decision making process from strategy formulation and implementation to its impact on business performance |
| P4 | No Change |
| P5 | No Change |
| P6 | No Change |
| P7 | Subject area E6 (The audit of performance information (pre-determined objectives) in the public sector) has been re-written. |
Thanks for info. Are these changes applicable to next sessions?
Yes these exam changes apply from September 2015 to June 2016