Financial Reporting

Our expert tutors for ACCA Financial Reporting (ACCA FR) have successfully coached thousands of ACCA aspirants with a phenomenal passing rate of over 92%. Join their club with our Platinum Rated ACCA Online Courses today!

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ACCA FR Highlights

You’ll develop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyse and interpret those financial statements.

Exam Duration
3 hours

Passing Marks
Mode Of Exam
Attempts Mar|Jun|Sep|Dec

ACCA FR Syllabus

A. The conceptual and regulatory framework for financial reporting

1. The need for a conceptual framework and the characteristics of useful information
2. Recognition and measurement
3. Regulatory framework
4. The concepts and principles of groups and consolidated financial statements

B. Accounting for transactions in financial statements

1. Tangible non-current assets
2. Intangible assets
3. Impairment of assets
4. Inventory and biological assets
5. Financial instruments
6. Leasing
7. Provisions and events after the reporting period
8. Taxation
9. Reporting financial performance
10. Revenue
11. Government grants
12. Foreign currency transactions

C. Analysing and interpreting the financial statements of single entities and groups

1. Limitations of financial statements
2. Calculation and interpretation of
accounting ratios and trends to address users’ and stakeholders’ needs
3. Limitations of interpretation techniques
4. Specialised, not-for-profit, and public sector entities


D. Preparation of financial statements

1. Preparation of single entity financial statements
2. Preparation of consolidatied financial statements including an associate

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The courses have been tailored by our experts to maximise your chances of exam success. They have been purpose designed using specific educational milestones which build on each other as the course progresses. The videos must be viewed in the given order to ensure you obtain both the required knowledge as well as the necessary techniques to pass your exams.

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