ACCA Applied Skills Courses | ACCA PM, TX, FR, AA, FM & LW | FC Training

ACCA Applied Skills


  • Learning Hours: Flexible
  • Duration: Approx. 2–3 Months Per Paper
  • Exams: 6 Papers

Progress your accounting and finance career with ACCA Applied Skills at FC Training. This level builds on ACCA Applied Knowledge and develops the practical technical skills needed by future professional accountants.

Take the next step in your ACCA journey with structured tutor support, mock exams and flexible study options.

About ACCA Applied Skills

ACCA Applied Skills is the second major level of the ACCA Qualification and develops the practical accounting, finance and business skills required by professional accountants.

At FC Training, our Applied Skills courses are designed to help students move from basic accounting knowledge to more advanced technical application through structured teaching, exam preparation, mock assessments and tutor support.

Why Choose ACCA Applied Skills?

  • Second level of the ACCA Qualification

  • Prepare for LW, PM, TX, FR, AA and FM papers

  • Exam-focused preparation with mock exams and practice questions

  • Flexible online, live online and classroom study options

  • Progression pathway toward ACCA Strategic Professional

Course Overview

Build Strong Practical Accounting and Finance Skills

ACCA Applied Skills is the second major level of the current ACCA Qualification. ACCA states that the Applied Skills exams build on existing knowledge and develop broad, practical finance skills required by future professional accountants in any sector or industry. The current Applied Skills exams are Corporate and Business Law, Taxation, Financial Reporting, Performance Management, Financial Management and Audit and Assurance.

At FC Training, our Applied Skills courses are designed to help students move from basic accounting knowledge to more advanced technical application. You will learn how to analyse business information, prepare and interpret financial reports, understand taxation, apply audit principles, manage performance and make finance decisions.

  • Legal systems and sources of law

  • Contract law

  • Employment law

  • Company formation and administration

  • Capital and financing of companies

  • Directors’ duties and responsibilities

  • Corporate governance and legal compliance

  • Fraudulent and criminal behaviour in business

  • Costing techniques

  • Budgeting and budgetary control

  • Standard costing and variance analysis

  • Performance measurement

  • Decision-making techniques

  • Relevant costing

  • Risk and uncertainty

  • Divisional performance

  • Non-financial performance indicators

  • Income tax

  • Corporation tax

  • Capital gains tax

  • National insurance contributions

  • Value added tax

  • Tax administration

  • Tax planning principles

  • Tax liabilities for individuals and companies

  • Preparing and interpreting tax computations

  • Conceptual and regulatory framework

  • Accounting standards

  • Preparation of single-entity financial statements

  • Group accounts and consolidation

  • Statement of cash flows

  • Interpretation of financial statements

  • Revenue, leases, provisions and non-current assets

  • Financial reporting adjustments

  • Audit and assurance principles

  • External audit process

  • Professional ethics

  • Risk assessment

  • Internal controls

  • Audit evidence

  • Audit procedures

  • Review and reporting

  • Audit completion procedures

  • Role of the finance manager

  • Financial management environment

  • Investment appraisal

  • Working capital management

  • Business finance

  • Cost of capital

  • Capital structure

  • Business valuation

  • Risk management

Exams & Assessments

ACCA Applied Skills exams are computer-based exams that assess practical application and technical understanding.

Assessment Method Exam Format Duration
Computer-based exams Objective and constructed response questions Approx. 3 Hours
Pass Mark Papers Availability
50% 6 Papers Quarterly ACCA sessions

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Career Opportunities & Progression

  • Assistant Accountant

  • Audit Assistant

  • Tax Associate

  • Financial Reporting Assistant

  • Finance Officer

After completing ACCA Applied Skills, students can progress to ACCA Strategic Professional.

Pricing & Registration

  • Course Fees: Contact our advisers for the latest pricing and study options.

  • Flexible Payment Options: Payment plans may be available depending on the course package.

  • Employer Sponsorship: Invoice and employer-funded study options available.

Frequently Asked Questions (FAQs)

ACCA Applied Skills exams are the second level of the current ACCA Qualification. They build on Applied Knowledge and develop broad practical finance skills for future professional accountants.

The current Applied Skills papers are Corporate and Business Law (LW), Taxation (TX), Financial Reporting (FR), Performance Management (PM), Financial Management (FM) and Audit and Assurance (AA).

Yes. Many students move to ACCA after completing AAT or other accounting qualifications. Students should check their ACCA starting point and exemption eligibility before booking.

Many students start with Corporate and Business Law or Performance Management, but the best order depends on your background, exemptions, confidence and exam timetable. FC Training can help you plan a suitable route.

Yes. ACCA states that all exams are taken using a computer. Some are on-demand and others are session-based.

LW UK and Global are usually on-demand. TX, FR, PM, FM and AA are session-based exams, with ACCA exam sessions in March, June, September and December.

After Applied Skills, students progress to Strategic Professional, where they complete Strategic Business Leader, Strategic Business Reporting and two option papers.

Yes. FC Training can provide mock exams, progress tests and exam technique support as part of ACCA preparation.

Yes. FC Training can offer online, live online or classroom study options depending on course availability.

Yes. Students must register with ACCA separately to manage their student account, exemptions and exam bookings.

Start Your ACCA Journey Today

  • Enroll Now and begin your ACCA Applied Knowledge studies with FC Training.

  • Request Callback to speak with our ACCA advisers.

  • View ACCA Courses and explore your progression pathway.

Take the first step toward a professional accounting and finance career with FC Training.


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