About the Lecturer

Gemma Davis, is an award winning experienced lecturer with over 12 years lecturing experience in accounting and finance. Gemma also has many years of industry experience which spans from Irish firms to multi-national organisations including running her own accounting consultancy business which provided services to industry, both locally in Ireland and in the Caribbean. Gemma is a fellow of the Certified Public Accountants Ireland (CPA).

Why choose PAT for your ACCA exam preparation?

• We are an ACCA Platinum Approved Learning Partner
• You can access lecturers from anywhere; lectures will be streamed live online from our Dublin City Centre classrooms
• We have a unique exam-focused approach with a combination of lectures, revision days and exam preparation sessions (EPS’s)
• Through regular mock exams and corrected homework, our lecturers will offer structured feedback and support
• You’ll receive access to tuition materials online as well as recordings of the lectures.

SBR Syllabus & Exam

Aim

To apply knowledge, skills and exercise professional judgement in the application and evaluation of financial reporting principles and practices in a range of business contexts and situations.

Objective of the Syllabus

Discuss the professional and ethical duties of the accountant
Evaluate the financial reporting framework
Advise on and report the financial performance of entities
Prepare the financial statements of groups of entities in accordance with relevant accounting standards
Explain reporting issues relating to specialised entities
Discuss the implications of changes in accounting regulation on financial reporting
Appraise the financial performance and position of entities
Evaluate current developments

Exam Format

The SBR exam is worth 100 marks,. You will be required to answer all four questions within the given time limit. You must answer all questions in section A and section B.

Section A

Section A consists of 50 marks divided between two scenario-based questions: Question 1 consists of 30 marks, and Question 2 is worth 20 marks.

The first question is worth 30 marks and will test your knowledge regarding group entities and, therefore, consist of pre-formatted group financial statements from the group’s financials, along with some issues via exhibits regarding financial reporting. The requirements will differ but are most likely to relate to identifying errors in the statements, suggesting the correct accounting treatments, and/or adjusting the pre-formatted statement and discussions to the stakeholders

The second question is worth 25 makrs will relate to the reporting and ethical implications of certain issues presented in a scenario. Be it the ACCA Code of Ethics or the general code of conduct, ethics, professional behaviour and integrity are crucial parts of an accountant’s profession. Hence, you must be able to demonstrate your knowledge and professional skills in applying ethics to the SBR exam. This question will also carry two professional marks, the criteria of which will depend upon the requirement.

Section B

This section covers a vast area of the syllabus and could therefore relate to any topic in the course. There will be a set of two questions, each worth 25 marks and consisting of a scenario. The requirements will be both computational and discursive. Two professional marks will be awarded in question two of Section B. Again, the requirement will state what these professional marks will be awarded for. These question will focus on current issues and investor focus along with financial reporting discussions.

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

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