Question 1 · Section A · Syllabus D1, D22 marks
Sales tax in a gross amount
Garston Co sold goods for $4,380, including sales tax at 20%.
How much sales tax is included in the selling price? (2 marks)
Financial accounting exam prep
What the ACCA Financial Accounting exam costs
ACCA charges a one-off registration fee and an annual subscription. The fee for sitting FA at an exam centre is set by the centre itself, so ACCA does not publish one figure for it.
| Initial registration | £89, once |
|---|---|
| Annual subscription 2026 | £140 |
| Exam fee at a centre | Set by the centre |
| Booking | On demand, directly with an exam centre |
ACCA's fees
ACCA's fees page lists a one-time initial registration fee of £89 when you register as a student, and an annual subscription of £140 for 2026 to keep your student status active. It says fees for exams taken at computer-based exam centres are set by the centres themselves.
Remote exams
From March 2026 ACCA is withdrawing remote session exams, which are now available only in countries where it has no exam centre provision.
Keeping the cost down
A resit means paying the exam fee again. Book once your timed practice exams are comfortably above 50%.
Try 3 questions
Question 2 · Section A · Syllabus G62 marks
Sales from a gross profit margin
Mira does not keep full records. Opening inventory was $22,000, purchases $344,000 and closing inventory $27,000. All goods are sold at a gross profit margin of 40%.
What were the sales for the year? (2 marks)
Question 3 · Section A · Syllabus I2 marks
Calculating a ratio
Extracts from Halden Co's financial statements:
| Item | $ |
|---|---|
| Revenue | 1,141,000 |
| Cost of sales | 661,780 |
| Profit before financing and income taxes | 268,364 |
| Finance costs | 20,700 |
| Inventory | 70,000 |
| Trade receivables | 76,000 |
| Cash | 39,000 |
| Trade payables (the only current liability) | 49,000 |
| Equity | 617,000 |
| Loan notes | 345,000 |
The company calculates its gross profit margin as: Gross profit / revenue x 100. What is its gross profit margin, to one decimal place? (2 marks)
Next step
Questions people ask
How much does it cost to register with ACCA?
ACCA's fees page lists a one-time initial registration fee of £89.
What is the ACCA annual subscription?
£140 for 2026, according to ACCA's fees page.
How much is the FA exam fee?
For exams at a computer-based exam centre, ACCA says the fee is set by the centre, so check with the centre you book.