ACCA Applied Knowledge — Financial Accounting (FA) Vocabulary Game
Exam terms with clues and explanations by OpenExamPrep.
About the ACCA Applied Knowledge — Financial Accounting (FA) Vocabulary Game
A free word game for the ACCA Applied Knowledge — Financial Accounting (FA) exam. Each round shows a clue for one of 20 exam terms across 9 topics. Recall the term, spell it out, then read a short explanation. Rounds pick a random term, so you can keep playing as long as you like.
How to Play
- 1Read the clue and type a term with the right number of letters (3 to 6). Abbreviations count: type the letters only.
- 2Press Check Answer or Enter. Each letter changes color to show how close you are.
- 3You have 6 tries. Stuck? Need a hint? asks the AI tutor for a nudge without giving the term away, and Skip moves to a new term.
- 4After the round, read the explanation, ask the AI to explain it, share your result, or press Next.
- ARight letter, right spot
- AIn the term, wrong spot
- ANot in the term
Explore More ACCA Qualification
Continue into nearby exams from the same family. Each card keeps practice questions, study guides, flashcards, videos, and articles in one place.
Topics in the ACCA Applied Knowledge — Financial Accounting (FA) Vocabulary Game
Regulatory framework
Accounting concepts
Double-entry systems
Recording transactions
Reconciliations
Suspense and corrections
Financial statements
Group accounting
Performance measures
Sources for these terms (18)
- International Accounting Standards Board · Source checked 2026-11-04
- IFRS Interpretations Committee · Source checked 2026-11-04
- Going Concern—A focus on disclosure (Republished May 2025) · Source checked 2026-11-04
- Principles and concepts of accounting · Source checked 2026-11-04
- Sales and purchases in a computerised accounting system · Source checked 2026-11-04
- Process for preparing financial statements · Source checked 2026-11-04
- IAS 2 Inventories · Source checked 2026-11-04
- IAS 7 Statement of Cash Flows · Source checked 2026-11-04
- IAS 10 Events after the Reporting Period · Source checked 2026-11-04
- IFRS 10 Consolidated Financial Statements · Source checked 2026-11-04
- Conceptual Framework Project Summary (March 2018) · Source checked 2026-11-04
- Examiner's report – FFA/FA September 2022 – August 2023 · Source checked 2026-11-04
- Suspense accounts and error correction · Source checked 2026-11-04
- Preparing a consolidated statement of financial position · Source checked 2026-11-04
- Ratio analysis · Source checked 2026-11-04
- Examiner's report – F3/FFA July–December 2015 · Source checked 2026-11-04
- Examiner's report – FFA/FA September 2024 – August 2025 · Source checked 2026-11-04
- IFRS 18 Presentation and Disclosure in Financial Statements · Source checked 2026-11-04
About the ACCA FA Exam
ACCA FA (Financial Accounting), part of the Applied Knowledge level, tests the principles of financial accounting under the IFRS framework: the conceptual framework, double entry, recording transactions, the trial balance, preparing basic and simple consolidated financial statements, and interpretation. It is a two-hour, purely objective computer-based exam.
Exam sponsor: ACCA (Association of Chartered Certified Accountants). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.
Questions
37 questions
Time Limit
2 hours (120 minutes)
Passing Score
50%
Exam / Certification Fees
ACCA exam entry fee set per session and region; FA is also offered as Foundations paper FFA, before local taxes and subscription
Exam sponsor websiteReported exam pass rate: Typically around 70% for Applied Knowledge exams; ACCA publishes exact pass rates per session. ACCA reports global pass rates by session. Applied Knowledge exams such as FA historically report pass rates broadly in the 70% range, but the figure varies each sitting. This describes exam candidates, not OpenExamPrep users or results from using our resources. Exam sponsor website
Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.
Frequently Asked Questions
Is the ACCA FA vocabulary game free?
Yes. The game is free to play with no sign-up. Signing in adds AI explanations for any term.
How does the ACCA FA vocabulary game work?
Each round shows a clue for one of 20 ACCA FA terms. Guess the term in six tries: green means the right letter in the right spot, yellow means the letter is in the term but in another spot, and gray means it is not in the term. After the round, read the explanation and play the next term.
Where do the ACCA FA terms come from?
OpenExamPrep researched each term from the ACCA (Association of Chartered Certified Accountants) content outline and primary sources, listed under Sources on this page. The game is independent study material, not an official exam resource.
What is the format of the ACCA FA exam?
ACCA FA is a two-hour computer-based exam with two sections. Section A contains 35 objective test questions worth two marks each, and Section B contains two multi-task questions worth 15 marks each, giving 100 marks in total.
What is the pass mark for ACCA FA?
The pass mark for ACCA FA, like every ACCA exam, is 50%. Candidates need 50 out of the 100 available marks across Sections A and B to pass.