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ACCA FR · Applied Skills

D. Preparation of financial statements

Develop practical skills in compiling income statements, balance sheets, and cash flow statements. You’ll follow IAS/IFRS formats and apply adjustments to create accurate financial reports.

  • 13 lessons
  • 6 modules
  • 2.9h of video
Start the first lesson → About the ACCA FR course

The lessons

13 lessons, module by module.

Preparation of single entity financial statements

2 lessons
  1. 1 IAS 1 and statement of profit or loss and OCI 11m
  2. 2 Statement of changes in equity and statement of financial position 15m

Statement of cash flows

2 lessons
  1. 1 Introduction, format and cash flows from operating activities 20m
  2. 2 Cash flows from investing activities and cash flows from financing activities 14m

Consolidated statement of financial position

4 lessons
  1. 1 Introduction 11m
  2. 2 Goodwill and fair values 17m
  3. 3 Pre and post acquisition reserves 9m
  4. 4 Intra-group transactions 17m

Consolidated statement of profit or loss

2 lessons
  1. 1 Introduction and intra-group trading 12m
  2. 2 Mid-year acquisition, intragroup loans and dividends and other adjustments 11m

Accounting for associates

2 lessons
  1. 1 Introduction and consolidated statement of financial position 19m
  2. 2 Consolidated statement of profit or loss 7m

Group disposals

1 lesson
  1. 1 Parent's financial statements and group financial statements 13m

Questions

About D. Preparation of financial statements.

What does the D. Preparation of financial statements section cover?

Develop practical skills in compiling income statements, balance sheets, and cash flow statements. You’ll follow IAS/IFRS formats and apply adjustments to create accurate financial reports.

How much video is in this section?

D. Preparation of financial statements has 13 video lessons, about 2.9 hours in total. Work through them at your own pace, with lifetime access.

Is this section included in the Financial Reporting exam?

Yes. The content in this section is assessed in the Financial Reporting ACCA exam.

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