F7 Financial Reporting (FR)

By Sir. Aziz Ur Rehman Categories: ACCA
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About Course

Introduction
ACCA F7 Financial Reporting (FR) is a vital course designed to develop students’ understanding of financial reporting principles and practices that are essential for successful careers in finance and accounting. This course provides an in-depth look into the preparation, analysis, and interpretation of financial statements, in line with international financial reporting standards (IFRS). Through this course, students will gain proficiency in applying accounting standards, interpreting complex financial information, and preparing detailed reports that reflect the financial health and performance of organizations. Smart Study offers this comprehensive course to help students master these competencies, setting a solid foundation for advanced financial reporting and auditing roles.

Course Objectives

  • Understand the principles of financial reporting in alignment with IFRS.
  • Learn to prepare and interpret financial statements for individual and group entities.
  • Develop proficiency in analyzing financial statements to assess organizational performance.
  • Equip students with the skills to apply IFRS in various accounting scenarios.
  • Build competency in financial reporting for decision-making purposes in a corporate environment.

Why Take This Course
The ACCA F7 Financial Reporting (FR) course is essential for individuals aiming to work in roles where financial statement preparation and analysis are critical. This course prepares students for real-world challenges by developing their ability to prepare detailed financial reports, evaluate financial health, and make informed decisions based on financial data. Mastering these skills opens pathways to lucrative positions in accounting, auditing, financial analysis, and consulting, as well as lays the groundwork for advanced ACCA modules.

Teaching Approach
At Smart Study, we follow an interactive, exam-focused teaching method, emphasizing practical application and conceptual clarity. Our SMART notes, real-life case studies, and IFRS-focused examples ensure students grasp complex financial reporting topics effectively. In addition, students benefit from quizzes, mock exams, and structured revision sessions that reinforce their learning, improve retention, and prepare them thoroughly for the ACCA exams. By combining theoretical concepts with practical exercises, Smart Study equips students to excel in the ACCA Financial Reporting (FR) exams and succeed in their future accounting careers.

 

Ready to Get Started?
“Enroll in the ACCA F7 Financial Reporting (FR) course today with Smart Study and develop essential skills in financial reporting and IFRS application. With structured revision sessions and a focused teaching approach, you’ll be fully prepared for exam success and ready to advance your career in financial accounting.”

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What Will You Learn?

  • Master the principles and applications of IFRS in financial reporting.
  • Prepare and analyze financial statements for individual and group entities.
  • Understand financial statement disclosures and how to interpret them.
  • Develop skills in financial ratio analysis to assess company performance.
  • Enhance decision-making skills using financial data.
  • Gain insights into IFRS changes and their impact on financial reporting.

Course Content

1. FR Introduction

  • F7 FR LEC1
    00:00

2. FR IAS 16

3. FR IAS 38 _ IAS 40

4. FR Kit IAS-16, IAS-38, IAS-40

5. FR IAS-36 (ST +Kit), IAS 20

6. FR IAS 23, IAS 8

7. FR Kit IAS20,IAS23

8. FR IAS-2 IAS-41

9. FR IFRS -16

10. FR IAS-21, IFRS-13,IFRS-5

11. FR kit IAS-2, 8, 41, IFRS-16

12. FR IFRS-15 (ST +Kit)

13. FR IAS37 (ST+Kit), IAS10 (ST+Kit)

14. FR IAS33 (ST +Kit)

15. FR IAS-12 (ST +Kit)

16. FR Framework

17. FR IAS-32 (S+K), IFRS-9 (S+K)

18. FR Consolidation CSFP-1

19. FR Consolidation CSFP-2

20. FR Consolidation CSFP-3

21. FR Consolidation CSFP-4

22. FR Consolidation CSPL

23. FR Consolidation Ass Co. Disposal

24. FR Interpretition

25. FR Cashflow

26. FR 365 Final Accounts

27. FR Q366 Final Accounts

28. FR Q364 Final accounts

29. FR Q363 FA Excel

30. FR Q387 CSOFP

EP1. BPP MTQ IAS-16, 36

EP2. BPP MTQ IAS 38

EP3. BPP MTQ IAS 23

EP4. BPP MTQ IFRS 16

EP5. BPP MTQ IFRS 9

EP6. BPP MTQ IFRS 15

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