ACCAF7重难考点分析.ppt

Sunway-TES ACCA
Train-the-Trainers Conference 2012
March 2012, China
F7 Financial Reporting
Ms Santha
1. Introduction
2. Syllabus
3. Pass Rates
4. Weakness of students
5. How to Improve Candidates’ Performance
6. Important Topics
CONTENTS
Introduction
Introduction to the Paper
Aim of Paper
To develop knowledge and skills in :
understanding and applying accounting standards

theoretical framework in the preparation of financial statements of
entities, including groups
how to analyse and interpret those financial statements
Introduction to the Paper
MAIN CAPABILITIES
On pletion of this paper candidates
A Discuss and apply a conceptual framework for financial
reporting
B Discuss a regulatory framework for financial reporting
C Prepare and present financial statements which conform with International accounting standards
D Account for binations in accordance with International accounting standards
E Analyse and interpret financial statements.
Links to other papers
Introduction to the Paper
Syllabus
Syllabus
Detailed Syllabus
A conceptual framework for financial reporting
 
The need for conceptual framework
Understandability, relevance, reliability parability
Recognition and measurement
The legal versus mercial view
Alternative models and practices
The concept of ‘faithful representation’
Syllabus
B. A regulatory framework for financial reporting
 
Reasons for the existence of a regulatory framework
The standard setting process
Specialised, not-for-profit, and public sector entities
Detailed Syllabus