ACCA – Financial Reporting

This is the seventh subject in the ACCA Qualification and falls under the Applied Skills Level. This subject focuses on the knowledge and skills in understanding the application and theoretical framework of the accounting standards in preparation of financial statements of entities and groups and how to analyse and interpret the financial statements of the organisation.

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Description

This is the seventh subject in the ACCA Qualification and falls under the Applied Skills Level. This subject focuses on the knowledge and skills in understanding the application and theoretical framework of the accounting standards in preparation of financial statements of entities and groups and how to analyse and interpret the financial statements of the organisation.

Accreditation

Association of Chartered Certified Accountants (ACCA)

Overview

•Conceptual framework for financial reporting
•Regulatory framework for financial reporting
•Presentation of financial statements
•Business Combinations
•Interpreting financial statements

Qualification

This subjects is a part of a national qualification. At the end of this subjects you will be awarded a SACOB certificate of completion.

Requirements

The completion of the Applied Knowledge Level, or
The completion of the Diploma in Accounting and Business under the Foundations in Accountancy series.

Please visit the Foundations in Accountancy programme page for more information the courses that fall within its scope.

Duration

This subjects can be completed in 3- 6 months

Packages

Home Study

The Home Study Package offers:

• Textbooks
• Study guides
• Workbooks - Not for all subjects
• Lecturer Support - via Email, Phone and access to the Student Question & Answer Platform

Online Classroom

The Full Online Classroom Package builds on the Home Study Package and provides you with the digital resources that may be available for your course as well as giving you access to the SACOB Online Classroom. The Online Classroom Package offers:

• Video Kit
• Study maps
• Study plans
• Lecturer/Concept videos
• Quizzes
• Assessment downloads and uploads
• SACOB Student Forum

Assessment

This subject consists of a three hour computer-based exam which you can sit in June and December.

A maximum of four subjects can be taken per exam sitting. You will need to obtain 50% per exam in order to pass.

What's next

You can continue your studies with SACOB and ACCA and complete more subjects that make up this qualification.