The course
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Start here
The exam: Section A, question 1 (30 marks, group accounting with a spreadsheet adjustment of consolidated statements) and question 2 (20 marks, reporting and ethical implications); Section B, questions 3 and 4 (25 marks each, one always with stakeholder perspectives); two professional skills marks in questions 2 and 4; 3 hours 15 minutes; 100 marks; pass mark 50%
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Ethics and professional behaviour: area A
Question 2 in every timed exam asks for the ethical implications of a scenario. Course practice: 6 objective questions in the course's own format, plus exam-style questions
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The financial reporting framework: area B
Discussed within questions 2 to 4. Course practice: 6 objective questions in the course's own format, plus exam-style questions
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Reporting the financial performance of entities: area C
Question 2 and Section B, and likely within question 1. Course practice: 69 objective questions in the course's own format, plus exam-style questions
Revenue from contracts with customers7 short questionsNon-current assets, held for sale, investment property and intangibles7 short questionsFinancial instruments: classification, measurement and derecognition7 short questionsHedge accounting and expected credit losses6 short questionsLeases7 short questionsEmployee benefits and share-based payment6 short questionsIncome taxes6 short questionsProvisions, contingencies and events after the reporting period6 short questionsFair value measurement5 short questionsPresentation and disclosure under IFRS 186 short questionsGrants, accounting policies, going concern, related parties and the IFRS for SMEs5 short questions - 5
Financial statements of groups: area D
Question 1 (30 marks) in every timed exam. Course practice: 28 objective questions in the course's own format, plus exam-style questions
Free: Business combinations, goodwill and non-controlling interests7 short questionsChanges in ownership, disposals and group exemptions6 short questionsGroup statements of cash flows4 short questionsAssociates and joint arrangements5 short questionsForeign currency and foreign operations7 short questions - 6
Interpreting information for stakeholders: area E
Section B, including the stakeholder perspectives part. Course practice: 6 objective questions in the course's own format, plus exam-style questions
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Changes in accounting regulation: area F
Section B and question 2. Course practice: 5 objective questions in the course's own format, plus exam-style questions
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Written questions in the exam’s shapes
14 questions shaped like questions 1 to 4 of the exam: figures checked, written parts read by Mia.
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Timed practice exams
The whole exam on the clock, 100 marks in 195 minutes: question 1 (30 marks), question 2 (20 marks) and two Section B questions of 25 marks. Figures are checked and written parts read by Mia.