ACCA F2 Management Accounting: This exam explores your understanding of how to prepare and analyse basic quantitative data and cost information in order to support managers in making important business decisions. ACCA F3 Financial Accounting: The aim of this exam is to test your ability to use double-entry accounting techniques. You will need to know the basic principles and regulations and demonstrate your technical proficiency. ACCA F7 Financial Reporting: This paper will build your knowledge of accounting standards, as well as developing yours skills relating to the application of theoretical frameworks to the preparation of financial statements. You will also learn how to interpret these financial statements.