ACCA
Association of Chartered Certified Accountants - global accounting qualification practice.
About ACCA on DigiTransact Mastermind
Association of Chartered Certified Accountants - global accounting qualification practice.
Each of the 5 ACCA skills carries its own SmartScore from 0 to 100, so progress is measured per topic rather than as one overall grade.
All 34 ACCA questions come with the written reasoning behind the answer, so a wrong attempt still teaches the method.
ACCA work is filed under University, so you only see sets that match the stage you are studying.
Education levels covered
Tertiary and college foundations - Advanced study
5 ACCA skills at this level
Relevant curricula and exams
Based on the education levels this subject covers on the platform.
Curriculum notes are a general guide to where this work normally sits. Always check the syllabus your school or examination body is currently using.
Learning outcomes
After working through the ACCA practice sets you should be able to:
- Financial Accounting Basics: Double entry, financial statements and fundamentals in ACCA style.
- Financial Accounting (FA): Double entry, the accounting equation, and financial statements.
Sample questions
Real questions taken from the ACCA question bank, shown with the working learners see after answering.
The accounting equation is:
- Assets = Liabilities - Equity
- Assets = Liabilities + Equity
- Equity = Assets + Liabilities
- Liabilities = Assets + Equity
Working: Assets are financed by liabilities and equity.
The accounting equation is:
- Assets = Liabilities − Equity
- Assets = Liabilities + Equity
- Equity = Assets + Liabilities
- Liabilities = Assets + Equity
Working: Everything a business owns is financed by debt or owners’ funds.
Main topics and skills
ACCA is organised into 2 topic groups covering 5 practice skills. Open any skill to read the guide and start a practice set.
ACCA Exam Practice
ACCA Extended Practice
Exams ACCA practice prepares you for
Each page below sets out what the examination covers and links straight back to the acca skills that feed into it.
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Frequently asked questions
Which education levels does ACCA cover?
The ACCA material sits at University. Because each skill is labelled individually, a learner can work below or above their year group without losing their place.
Which parts of ACCA can I revise?
ACCA is split into 2 topic groups, among them ACCA Exam Practice and ACCA Extended Practice. Each group opens out into individual skills you can take one at a time.
How much ACCA practice can I do?
You can work through 34 ACCA questions across 5 skills, and read the worked reasoning whether you answer correctly or not.
Does this help with tertiary coursework?
Skills are arranged by education level, which includes the stages leading to tertiary coursework, and they are labelled Tertiary foundation coursework. Check your own syllabus for the exact topics set this year.
What does signing in add to ACCA practice?
Every ACCA skill page is readable without signing in. A free account is what lets the site save your SmartScore, remember finished skills and return you to where you stopped.
Related subjects
Free acca courses to watch alongside
Full video courses from universities and educators, free to watch and listed on their own pages here.
How this page was produced
This text was drafted with AI assistance from the questions and topics already stored on the platform. A subject-specialist review is scheduled but has not yet been recorded, so we do not claim it here.
- Written by
- DigiTransact Mastermind editorial team
- Human review
- Not yet. Subject-specialist review is scheduled; this page will say so once it has happened. See which content receives human review.
Spotted a mistake on this page? Report a content correction and we will check it against the source. You can also read our editorial policy and how we use AI and where it falls short.
Ready to master ACCA?
Pick any of the 5 ACCA skills above, answer the questions and watch your SmartScore climb.