by Introduction
ACCA F4 paper is all about law; therefore, it differs from other ACCA papers. ACCA LW F4 comprises all details related to various types of law. Some key highlights of the content of ACCA law F4 are the essential components of the legal system, which include the law of obligations, employment law, business organization formation and constitution, management, administration, regulation of businesses, capital and financing & insolvency law, and there are more details under each of the above headings. Preparing for the ACCA F4 exam is challenging for many candidates. However, with an effective plan, students can pass the exam with good marks. This blog will provide proper guidance on qualifying for an ACCA F4 Exam.
Understanding the LW F4 Exam Format
Students must know the exam format of this course. The ACCA F4 exam divided into sections A, and B. Section A consists of multiple scenario-based questions. In contrast, Section B contains one or more longer-form questions. Each question in both sections carries a certain weightage of marks, contributing to the overall score. The total time to attempt the test is 120 minutes. Students must do specific tasks in certain questions and understand the situation effectively. The guidance and notes from best online ACCA institutes, like Mirchawala’s Hub of Accountancy, will help you achieve good marks.
Section A:
Section A comprises 25 Objective questions and 20 objective test questions. Each question of objective questions is two marks, whereas each question of objective test questions is one mark. The weightage of objective questions is 50%, while the weightage of objective test questions is 20%, and the total weightage of this section is 70 %.
Section B:
Section B comprises multi-task questions. Students should ensure that they get enough time to answer all the questions and give more time to scenario-based questions. There are a total of 5 multi-task questions in this section. Each question carries 6 marks, and the total weightage of this section is 30%. It is recommended that Students give 1.5 minutes on average per mark.
Study Guide for LW F4:
Some helpful tips and highlights of the study guide to attempt this paper are understanding the law, distinguishing different types of law, and explaining the structure and operation of courts. In the law of obligations, it is essential to know the formation of a contract, understand and distinguish the content of contracts, and know about the contract breach. Also, the student must know about tort law. Then, in employment law, it is important to know about the contract of employment and dismissal. It is also essential to know about the formation and constitution of business organizations. Under this heading comes the agency law, partnerships, corporations, and the company’s legal personality & formation and constitution.
Under capital and financing of companies comes share of capital, loan capital and capital maintenance, and dividend law. Then comes the heading of management, administration, and regulation of companies. It includes company directors, other company officers, and company meetings and resolutions. Then comes the insolvency law, which provides for insolvency and administration. Then comes the last heading, corporate fraudulent and criminal behavior, which includes fraudulent and criminal behavior.
FAQs:
Should students learn and memorize all business law concepts in the ACCA P7 exam?
Students need to clarify all the concepts of business and corporate law rather than memorizing them.
How can students develop problem-solving skills for this exam?
Students should solve case studies and past exam papers to develop problem-solving skills according to practical examples and scenarios.
What materials should students use for this? Are there any recommended study materials for the ACCA F4 exam?
Students should use official study materials and past papers from the ACCA. Moreover, students can use the notes of Sir Owais Mirchawala, the best and most experienced teacher of the ACCA F4 exam.
What is the passing score for the ACCA F4 exam?
The passing mark of an ACCA F4 is 50 marks.
Is a Calculator allowed in the exam?
Yes, students are allowed to use the calculator on the exam.
