ACCA FR Financial Reporting (formerly F7)
The ACCA Financial Reporting paper will teach you to apply accountancy techniques and the theoretical framework to prepare financial statements. You’ll also learn to analyse and interpret the statements.
Exam Structure
The Financial Reporting exam is comprised of sections A, B and C. Section A has 15 objective test questions, worth 2 marks each.
Section B has 3 questions that include 5 objective test questions and section C has 2, 20-mark questions. The questions in Section C will cover the interpretation and preparation of financial statements for either a single entity or a group.
Paper syllabus
The aim of the Financial Reporting syllabus is to ensure learners get to grips with financial statements and the theoretical framework behind statements.
Daytime sessions run between 9.45am-1.15pm.
Afternoon sessions run between 2.00pm-5.30pm.
Evening sessions run between 6.45pm-10.15pm.
LSBF in Singapore aims to give you the best possible student experience, therefore our students are given flexibility in how they’d like to pursue their studies.
Upon successful course completion, candidates will be able to:
- Apply conceptual and regulatory frameworks to financial reports
- Analyse and interpret financial statements
- Prepare and present financial statements
- Account for transactions in accordance with international accounting standards
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