If you’re studying for the ACCA LW Corporate and Business Law paper — LW Global Variant — and want to not only pass but truly understand how this paper fits into the bigger ACCA picture, you’re in the right place.
This in-depth blog post breaks down everything you need to know about the ACCA LW (GLO) paper: what it covers, where it fits within the Applied Skills level, how it links to other exams, tips for studying and time management, and why students often find it deceptively tricky.
We’ve also embedded our brand new 19-minute YouTube video — our most comprehensive LW resource yet — walking you through this paper from start to finish. Make a cup of tea and give it a watch!
Corporate and Business Law (LW) is one of the six core exams at the Applied Skills level of the ACCA qualification. It introduces students to the essential principles of business and corporate law — an area that underpins almost every aspect of financial decision-making and governance.
The Global Variant of LW (often referred to as LW GLO) is designed for international relevance. Rather than focusing on a specific national legal system, it draws on legal frameworks that apply across jurisdictions, such as international treaties, trade law, contract law, company law, and global principles of dispute resolution.
This means you’ll study the kinds of legal issues that impact businesses trading internationally — such as cross-border contracts, corporate governance standards, fraud prevention, and legal structures for companies operating in more than one country.
You’ll learn about:
Importantly, ACCA LW GLO does not include employment law, which is part of the English variant. Instead, it places a stronger emphasis on international commercial transactions and legal obligations that cross national borders. This makes it highly practical if you’re working — or planning to work — in a multinational company or any role that interacts with global commerce.
This paper isn’t about memorising obscure laws. It’s about understanding how the legal environment affects real-world business decisions — whether you’re advising a firm entering a new market, drafting contract terms, or recognising the signs of regulatory risk.
In short, ACCA LW (Global Variant) builds the foundation for legal literacy in finance — helping you become a more well-rounded, risk-aware professional who can operate confidently in today’s complex, international business landscape.
To explore the most up-to-date syllabus content, visit the official ACCA LW Global Syllabus and Study Guide page.
ACCA LW sits within the Applied Skills level, typically tackled after the Applied Knowledge papers like Business and Technology (BT).
But the knowledge from LW doesn’t stay locked in one exam. It carries forward into other major ACCA papers. According to ACCA’s own relational diagram:
So while LW might feel standalone, it’s actually foundational to the professional thinking you’ll need later.
You can also explore additional student guidance, technical articles, and resources on ACCA’s Corporate and Business Law Global resources hub.
The syllabus, valid from September 2024 to August 2026 (yes, covering 2 years, as the syllabus has not changed), is structured around eight key capabilities:
A visual flowchart from the ACCA syllabus also shows how these topics interlink, with corporate fraud sitting at the base of all legal knowledge.
The ACCA LW (GLO) exam is a 2-hour, computer-based exam (CBE). It includes:
That’s a total of 100 marks, with no Section C — unlike some other Applied Skills exams.
Don’t get bogged down by one scenario — stay calm, move on, and come back if needed.
Practising under timed conditions is the fastest way to build confidence and improve accuracy.
Our mock exams and practice kit replicate the real exam environment — with detailed feedback and smart tracking.
Want to know where you stand before the real exam? You might be surprised by what you discover.
Just check few random screenshots from our LW Practice Kit Package:
Many students expect LW to be easier than calculation-heavy papers like PM or TX. But in truth, it presents its own unique challenges:
One of the biggest traps is underestimating Section B. MTQs often include mini-case studies that require careful interpretation. If you’re not used to reading critically, they can eat up time and points.
That’s why regular question practice is essential.
So how do you overcome these challenges? It starts with the right kind of preparation — not just reading, but practising with realistic questions that sharpen your legal thinking.
Our dedicated practice kits and mock exams are designed to help you spot these subtleties and feel fully prepared for the exam day experience.
Here are some tried-and-tested tips to help you prepare effectively:
Explore all the options here:
👉 Our LW Courses, Kits & Mock Packages
ACCA Corporate and Business Law (LW GLO) is more than just another paper. It lays the groundwork for understanding how businesses operate in a regulated, global environment.
It may not involve complex calculations, but that doesn’t make it easier. Instead, it requires analytical thinking, careful reading, and plenty of practice.
With the right approach — and the right resources — you can pass LW with confidence and carry that legal insight forward into FR, AA, and SBR.
Watch the full video above, explore our resources, and let’s get you exam-ready!
Whether you need full video lectures, intensive practice, or exam simulation, we have everything you need to pass ACCA LW (Global Variant):
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