You’ll develop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyse and interpret those financial statements.

The FR exam builds on the knowledge and skills acquired from both Financial Accounting (FA) and Corporate and Business Law (LW). The FR exam will also provide the platform for progression to Strategic Business Reporting (SBR) and (to a lesser extent) to Strategic Business Leader (SBL) and the auditing exam Advanced Audit and Assurance (AAA).