Course Brief

This syllabus applies knowledge, skills and exercise professional judgement in the application and evaluation of financial reporting principles and practices in a range of business contexts and situations.


  • This course is offered in 70 hours

On successful completion of this paper candidates
should be able to:

  • Discuss the professional and ethical duties of the accountant.  
  • Evaluate the financial reporting framework. 
  • Advise on and report the financial performance of entities. 
  • Prepare the financial statements of groups of entities in accordance with relevant accounting standards. 
  • Explain reporting issues relating to specialised entities. 
  • Discuss the implications of changes in accounting regulation on financial reporting. 
  • Appraise the financial performance and position of entities. 
  • Evaluate current developments

Course Content

  • The professional and ethical duty of the accountant.
  • The financial reporting framework.
  • Reporting the financial performance of entities.
  • Financial statements of groups of entities.
  • Specialised entities.
  • Implications of changes in accounting regulation on financial reporting.
  • The appraisal of financial performance and position of entities.
  • Current developments.

The syllabus is assessed by:

  • A three-hour 15 minutes examination.
  • It examines professional competences within the corporate reporting environment. 
  • Students will be examined on concepts, theories, and principles, and on their ability to question and comment on proposed accounting treatments. 
  • The paper will comprise two sections:
    Section A Compulsory question 50 marks
    Section B 2 from 3 questions.
  • 5 marks each 50 marks = 100 marks.
  • Section A will consist of one scenario based
    question worth 50 marks.
  • This syllabus applies knowledge, skills and exercise professional judgement in the application and evaluation of financial reporting principles and practices in a range of business contexts and situations.

  • The Association of Chartered Certified Accountants (ACCA)

    The Association of Chartered Certified Accountants (ACCA) offers a professional qualification, which has been recognised and respected across the world for over 100 years. ACCA is currently the largest British accountancy body with over 180,000 members and 480,000 students in 181 countries.

    January - June 2018 Semester Schedules for ACCA:

    Click for more information on BPP / SBCS Blended Learning

    ACCA Course Outlines/ Lecture Sequences for the January - June 2018 Semester


    Collect more Certifications along your journey towards ACCA Membership!

    Gain a Diploma in Accounting and Business when you pass the first three exams of the ACCA Qualification (F1, F2 and F3), and the Foundations in Professionalism (FIP) ethics module.

    An Advanced Diploma in Accounting and Business can also be achieved by successfully completing all exams in the Fundamental level (F1 – F9) of the ACCA programme and the Ethics and Professional Skills module.

    Get a BSc (Hons) degree in Applied Accounting at the same time as becoming a qualified accountant through ACCA’s partnership with Oxford Brookes University (OBU). This is the perfect way to gain an extra qualification without doubling your workload. Having this degree with an ACCA qualification is a powerful combination of qualifications, which puts you in demand with employers, and increases your career prospects.

    To achieve this, you need to:

    • Pass your ACCA Qualification exams
    • Pass the Ethics and Professional Skills Module
    • Submit a research and analysis project.

    Expand your potential; go beyond ACCA!

    ACCA graduates can seamlessly progress to one of our Edinburgh Business School, Heriot-Watt University MBA or MSc programmes, which we have been offering for over 24 years

    ACCA graduates can gain a fast-track entry through free-of-charge credit transfer and exemption when they matriculate for the MSc in Financial Management or the MBA programme offered by Edinburgh Business School, Heriot-Watt University.

    Entitlement to credit transfer or exemption will be assessed on an individual basis. A maximum of four exemptions from the nine-module programme may be available.


    Alumni Voice

    Don't just take our word for it; read what our graduates have to say about pursuing ACCA at SBCS!