ACCA FR (Financial Reporting)

Practice Questions (3)- Syllabus Section B

ACCA Financial Reporting (FR, was F7) Syllabus Sections B is about accounting for transactions in financial statements while they cover:

1. Tangible non-current assets

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2. Intangible assets

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3. Impairment of assets

4. Inventory and biological assets

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5. Financial instruments

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6. Leasing

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7. Provisions and events after the reporting period

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8. Taxation

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9. Reporting financial performance

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10. Revenue

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11. Government grants

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12. Foreign currency transactions

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Financial instruments, accounting for leases, contingent liabilities and events after reporting period in Section B are covered.  It is expected to spend approximately 20 minutes to complete.

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