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?
Discounts on Multiple Course Bookings
We offer discounts on multiple course bookings; book one full course and get the 2nd half price, book two full courses and get a 75% discount on the 3rd, book three full courses and get the 4th free. If you are a repeat student, you can avail of a discounted rate; €450 for full F course, €690 for full P course (proof of recent exam sitting result is required).
In order to avail of discounts, subjects must be taken at the same sitting.
ACCA FR Financial Reporting Syllabus & Exam
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
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.