ACCA December Lectures for March Exams (FR-Financial Reporting (INT Variant) (Fundamental, Applied Skills))
About This Course
The Financial Reporting (FR) module focuses on the preparation and presentation of financial statements in compliance with international accounting standards. It provides students with the skills to understand and apply accounting principles to complex financial scenarios. The International Variant (INT) focuses on the application of International Financial Reporting Standards (IFRS) in the context of global financial reporting practices.
Learning Objectives
Apply the International Financial Reporting Standards (IFRS) to the preparation of financial statements.
Understand and analyze the components of financial statements, including the income statement, balance sheet, and cash flow statement.
Prepare financial statements for different types of entities, including companies, partnerships, and sole traders.
Understand the recognition, measurement, and disclosure requirements for various accounting items, such as revenue, assets, liabilities, and equity.
Identify and account for adjustments related to accounting for leases, investments, and foreign currencies.
Interpret financial statements to assess financial health and performance in accordance with IFRS.
Requirements
- Completion of the Financial Accounting (FA) module or equivalent foundational accounting knowledge.
- Basic understanding of accounting principles and practices, including previous exposure to financial statements.
- Access to ACCA-approved study materials, IFRS guidelines, and past exam papers.
- Commitment to attending lectures, practicing financial reporting techniques, and participating in case studies.
Target Audience
- ACCA candidates pursuing the Applied Skills Level qualification with a focus on international financial reporting.
- Accountants, finance professionals, and business students aiming to deepen their understanding of global financial reporting standards.
- Individuals preparing for roles in accounting, financial analysis, and reporting in multinational or international organizations.
- Professionals seeking to enhance their knowledge of IFRS and its application in real-world financial scenarios.