Financial Accounting is examined in Section 1 and 2.
Cost & Management Accounting is examined in Section 3.
TIMING
The exam lasts for 3 hours i.e. 180 minutes. With 10 minutes allocated to reading the paper this leaves 170 minutes to answer 4/5 questions depending on your choice in Section 1.
Question one - 120 marks - 52 minutes approx.
All 60 mark questions - 26 minutes approx.
All 100 mark questions - 42 minutes approx.
All 80 mark questions - 34 minutes approx.
General advice
1. Timing is crucial in any Accounting exam. Students must stick rigidly to the timing advice given above. Many students find themselves with 15 minutes left in the examination hall and one full question to do. Panic then sets in and the student doesn't do himself justice.