SBR requires you to apply relevant knowledge and skills gained from previous papers to evaluate financial reporting principles and practices in a range of business contexts and situations.
On successful completion of this paper, candidates should be able to:
The SBR exam is a 3 hour 15 minute written exam.
There are 2 sections.
Section A will consist of two scenario based questions that will total 50 marks.
Section B will consist of two questions, which may be scenario or case-study or essay based and will contain both discursive and computational elements.
Two professional marks will be awarded to both the ethical issues question in Section A and the question in Section B that requires analysis.
The current issues element of the paper may be examined in Section A or B but will not be a full question; it is more likely to form part of another question.
SBR builds directly on the material covered in financial reporting at previous levels.
Key differences between this paper and papers at previous levels are:
Will be applicable to those students going on to sit Advanced Audit & Assurance (AAA).
Read through your FR materials, as this will be assumed knowledge.
This ACCA classroom course will comprise a teaching and revision phase culminating in a timed mock exam.
All course materials will be provided, including Textbook, Revision Kit, Passcards and Vale FT course notes.