ACCA FR - Financial Reporting

The ACCA FR exam represents a critical milestone in your ACCA journey. It explores the core principles of financial reporting, underscoring the significance of financial knowledge in the business realm. This includes mastering the preparation and interpretation of financial statements, understanding the framework of international accounting standards, the importance of accurate financial reporting, and the pivotal role of adhering to accounting principles and standards in guiding business decisions and strategies. Our online course provides you with the resources needed for exam mastery, featuring accessible-on-demand lessons, bespoke notes and slides, and automatically graded practice questions.

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Our online course includes
  • Comprehensive on-demand video lessons covering the entire syllabus 
  • Bespoke course notes & slides
  • Auto-graded exam-style questions
  • Auto-graded mock exams 
  • On-demand online tutor support
  • Access to Kaplan's Study text, Exam kit & Pocket notes

ACCA FR example lecture

In this video you'll get a glimpse of the engaging and informative content delivered by our expert tutors. Our online course format offers unparalleled flexibility, allowing you to watch the lectures multiple times to fully grasp the concepts at your own pace. You have the freedom to pause, rewind, and re-watch any section as needed, ensuring you can understand and apply the knowledge effectively. Whether you're revising for an exam or looking to reinforce your learning, our video lectures are designed to accommodate your individual study needs.

Frequently asked questions

What does the FR exam look like?

The Financial Reporting exam features three distinct sections within its examination framework. Section A consists of 15 objective test (OT) questions, each valued at two marks. Section B includes three questions, each totaling 10 marks, composed of five objective tests valued at two marks apiece. Section C encompasses two constructed response (CR) questions, each worth 20 marks.

You can book your exam directly with ACCA.

This exam is offered once every quarter. March, June, September & December.

What previous qualifications are required to start the ACCA qualification?

To start your ACCA qualification you need to meet their entry requirements, these are different per country.

Click here to find out what the entry requirements are for your country.

If you do not meet these requirements you can complete ACCA's FIA qualification. Entry to the ACCA FIA qualification does not require any prior qualifications. After passing all 7 exams, you become eligible for entry into the ACCA qualification.

What is the ACCA FIA qualification?

The ACCA FIA (Foundation in Accountancy) qualification is designed as an entry-level accounting certification, offering foundational knowledge and skills in finance and accounting.

It comprises seven exams that cover key aspects of financial and management accounting.

Upon completion, it provides a pathway to the ACCA professional qualification & the ACCA CAT qualification.

Click here to find out more about the ACCA FIA qualification.

What is the ACCA CAT qualification?

The ACCA CAT (Certified Accounting Technician) qualification is a practical, entry-level accounting certification designed to provide individuals with a solid foundation in finance and accounting practices.

It focuses on equipping students with the skills and knowledge needed for various accounting roles within businesses or accounting firms.

The CAT qualification can serve as a standalone credential for pursuing a career in accounting or as a stepping stone towards achieving the full ACCA qualification, offering a flexible pathway for professional development in the field of accountancy.

Click here to find out more about the ACCA CAT qualification.

What is the ACCA Profesional Qualification?

The ACCA (Association of Chartered Certified Accountants) qualification is a leading global accountancy credential that equips individuals with comprehensive financial management skills, strategic thinking, and professional ethics to excel in careers across accounting, finance, and business.

It involves passing a series of exams, gaining relevant work experience, and fulfilling professional ethics requirements, thereby preparing candidates for senior roles in accountancy, management, and consultancy.

Click here to find out more about the ACCA qualification.

In what order should I take the ACCA exams?

Students are advised to start with the BT, MA & FA exams, proceed to the CBL, PM, TX, FR, AA & FM exams and conclude with SBR, SBL & 2 exams from APM, ATX, AAA, AFM.

I have enrolled onto an IPALearning course, what else do I need to do?

To sit for your exams and achieve the qualification, you must register as an ACCA student with the ACCA.

Click here to register as an ACCA student.

You also need to complete 3 years of practical experience and an online ethics and professional skills module.