PAT ACCA

ACCA FR - Financial Reporting

ACCA FR - Financial Reporting

In ACCA FR Financial Reporting (formerly F7) you will develop the 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.

About the Lecturer

Gerry Fahy, has lectured on the ACA, ACCA, CPA and CIMA syllabi over the last 20 years with a number of Approved Learning Partners. He has over 100 prize winners including a first and second in the world in addition to being shortlisted as CIMA Global lecturer of the Year.

 

Why choose PAT for your ACCA exam preparation?

  1. We are an ACCA Platinum Approved Learning Partner
  2. You can access lecturers from anywhere; lectures will be streamed live online from our Dublin City Centre classrooms
  3. We have a unique exam-focused approach with a combination of lectures, revision days and exam preparation sessions (EPS’s)
  4. Through regular mock exams and corrected homework, our lecturers will offer structured feedback and support
  5. You’ll receive access to tuition materials online as well as recordings of the lectures
  6. Sitting a CBE assessed paper for the first time? Our exam-focused approach will get you CBE-ready

 

ACCA FR Financial Reporting Syllabus & Exam

Aim

The aim of ACCA FR Financial Reporting (formerly F7) is to 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.

Objective of the Syllabus

  • Discuss and apply a conceptual and regulatory frameworks for financial reporting
  • Account for transactions in accordance with International accounting standards
  • Analyse and interpret financial statements.
  • Prepare and present financial statements for single entities and business combinations in accordance with International accounting standards

Exam Format

All questions are compulsory.

Section A of the ACCA FR Financial Reporting exam comprises 15 objective test questions of 2 marks each. Section B of the exam comprises three 10 mark case-based questions. Each case has five objective test questions of 2 marks each. Section C of the exam comprises two 20 mark questions.

To read more about FR and to access past exam papers please click here.

Should you have any further questions, please contact us at [email protected] or on 01-8352963