• 80 hours of faculty-led online, interactive sessions.
    • Clear your doubts with our highly comprehensive and practical knowledge sharing approach
    • Exam-focussed Study Material
    • Set of Exam-standard Practice Questions

    ACCA-F7, Financial Reporting (FR)

    This module is designed to make you a skilled professional in the application of accounting standards, preparation of financial statements of entities including groups, and the analysis and interpretation of those financial statements..

    Duration: 15 Days (60 hrs)

    Learning mode: Faculty-led Online

    Eligibility: CA, ICWA, CS, MBA, MCom, BCom, 10+2, Anyone willing to become global CA

    Modules we cover

    1

    The Conceptual and Regulatory Framework for Financial Reporting
      The need for a conceptual framework and the characteristics of useful information
      Recognition and measurement
      Regulatory framework
      The concepts and principles of groups and consolidated financial statements

    2

    Accounting for Transactions in Financial Statements
      Tangible non-current assets
      Intangible assets
      Impairment of assets
      Inventory and biological assets
      Financial instruments
      Leasing
      Provisions and events after the reporting period
      Taxation
      Reporting financial performance
      Revenue
      Government grants
      Foreign currency transactions

    3

    Analysing and Interpreting the Financial Statements of Single Entities and Groups
      Limitations of financial statements
      Calculation and interpretation of accounting ratios and trends to address users’ and stakeholders’ needs
      Limitations of interpretation techniques
      Specialised, not-for-profit, and public sector entities

    4

    Preparation of Financial Statements
      Preparation of single entity financial statements
      Preparation of consolidated financial statements including an associate