ACCA APPLIED skills LEVEL
FINANCIAL REPORTING (FR)
The Applied Skills level subject financial reporting is a session based computer exam taken within any of the 4 windows during the year (March June September & December). Applied skills level subjects can be taken in any order.
You may qualify for exemptions which let you start your studies at a level that is consistent with the knowledge and skills gained from prior learning. They provide you with the quickest route to ACCA membership.
Click below to establish any exemptions you may be awarded along with further information and important dates.
ARE YOU READY FOR FR?
An important factor in FR exam success is the underpinning knowledge from Financial Accounting (FA). To help you get the best possible start to your studies, we're created 6 self-check quizzes to refresh core financial accounting concepts that you'll build on when studying Financial Reporting. So, whether you are new to ACCA, haven’t studied for a while, or just want to check how well you know the core materials.
Don't Forget! As part of your journey to become an ACCA member, you must demonstrate relevant skills and experience within a real work environment. This is what ACCA's Practical Experience Requirement (PER) is all about.
To complete ACCA and gain membership you will need to achieve 36 months of supervised experience. This should be in a relevant accounting or finance role.DOWNLOAD THE PER GUIDe FIND OUT MORE ABOUT PER here
The aim of the syllabus 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.
A) The conceptual and regulatory framework for financial reporting
B) Accounting for transactions in financial statements
C) Analysing and interpreting the financial statements of single entities and groups
D) Preparation of financial statements
READY TO MAKE A START with rca?
Step right in and start your ACCA & RCA journey. RCA run all courses twice yearly to help keep you moving through the ACCA qualification.
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