The aim of ACCA Financial Reporting (FR) (F7) 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.
The ACCA Financial Reporting (FR) Syllabus includes:
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