Financial Accounting and Reporting

Content Summary

This exam covers the format and function of financial statements, including analysis and interpretation of financial statements. It also includes the production of financial statements for consolidated company groups, and foreign currency translation.

Topics

Topic weighting

Module  Exam topics Weighting %
 1 The financial reporting environment 25%
 2 The accounting theory 15%
 3 Financial statements 15%
 4 Applications of specific accounting standards 22%
 5 Business combinations 13%
 6 Analysis of financial statements 10%
  Total 100%