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ACCA · Applied Skills

ACCA Financial Reporting (FR)

Deepen your knowledge of accounting standards and the theoretical concepts of financial reporting.

  • Applied Skills
  • 30 chapters · 117 lectures
  • ≈ 48 hours of video
  • Taught by Sai Manikanta Pedamallu

Tuition for this paper

₹10,000full course

Enrol in FR

ACCA exam fee (paid to ACCA): £147. No GST for individual students. Need a GST invoice for input credit? Ask us — 18% GST is added. Manual UPI has no extra charge; cards and net banking through Razorpay add 2% + GST (2.36%).

This course includes

  • Learn from a Qualified ACCA.
  • Pre recorded content accessible via laptop, PC, Android mobiles, Android Tabs, I-Phones, and I-Pads.
  • 3× views per lecture with 6 months' validity. Extended free until you pass — just ask.
  • 24*7 tutor support on Telegram and WhatsApp.
  • Soft copies of Materials provided within the Course fee.
  • Digital Class Notes – Shared as PDF Files via Google Drive.
  • Student shall be added to the telegram group of the subject after enrollment.

About the paper

What ACCA FR covers

Financial Reporting builds on the foundation of Financial Accounting by focusing on preparing, analysing, and interpreting financial statements in line with International Financial Reporting Standards (IFRS®). The paper develops technical proficiency in accounting for complex transactions and prepares candidates to produce complete, professional financial statements, including those for groups of companies. It is a vital step toward becoming proficient in global financial reporting practices.

FR is an Applied Skills exam, sat in the March, June, September and December sittings.

What you will learn

  • The conceptual and regulatory framework for financial reporting, including the use of IFRS.
  • Advanced technical areas, including accounting for non-current assets, revenue, provisions, and leases.
  • The preparation of single entity financial statements and the Statement of Cash Flows.
  • The principles and methods for preparing basic consolidated (group) financial statements.
  • Analysis and interpretation of financial statements to evaluate business performance.

Course index

FR lectures, chapter by chapter

30 chapters and 117 recorded lectures, about 48 hours in total. Open a chapter to see each lecture and its length.

010. Introduction Videos

2 lectures · 00:37:30
  1. 01. Faculty Intro00:15:49
  2. 0.1 Introduction to FR00:21:41

0201.IFRS Foundation

2 lectures · 00:42:30
  1. 1.1 Intro to FR00:22:46
  2. 1.2 IFRS Foundation00:19:44

0302. Conceptual Framework

4 lectures · 01:41:25
  1. 2.1 Conceptual Framework 100:26:44
  2. 2.2 Coneptual Framework 200:44:14
  3. 2.3 Coneptual Framework 300:14:11
  4. 2.4 Capital Maintenace00:16:16

0403. IFRS 18 Presentation and Disclosure in FS

10 lectures · 03:42:42
  1. 00. OLD - IAS 1 - Presentation of FS01:03:40
  2. 01. IFRS 18 - Intro Part 100:20:06
  3. 02. IFRS 18 - Intro Part 200:27:00
  4. 03. Comparison Between IAS 1 and IFRS 1800:06:54
  5. 04. The 5 Categories of Income and Expenses00:24:49
  6. 05. Presentation by Function vs Nature vs Hybrid00:15:30
  7. 06. Management Performance Measures (MPMs)00:23:39
  8. 07. Aggregation and Disaggregation00:09:46
  9. 08. Industry-Specific Examples00:18:21
  10. 09. Implementation, Disclosures, others00:12:57

0504. IFRS - 13 - Fair Value

1 lectures · 00:33:21
  1. 4. IFRS - 13 - Fair Value00:33:21

0605. IAS 16 - PPE

4 lectures · 01:57:35
  1. 5.1 IAS 16 - PPE - Part 100:39:16
  2. 5.2 IAS 16 - PPE - Part 200:34:20
  3. 5.3 IAS 16 - Revaluation concepts Part 300:35:20
  4. 5.4 PPE Question00:08:39

0706. IAS 40 - Investment Proper

1 lectures · 00:29:07
  1. 6. IAS 40 - Investment Properties00:29:07

0807. IAS 38 - Intangible Assets

1 lectures · 00:26:32
  1. 7. IAS 38 - Intangible Assets00:26:32

0908. IAS 36 - Impairment

3 lectures · 00:50:19
  1. 8.1 IAS 36 - Impairment00:23:10
  2. 8.2 Impairment Reversal00:08:25
  3. 8.3 IAS 36 - Impairment - CGU and Recap00:18:44

1009. IAS 20 - Govt Grants and G

1 lectures · 00:38:41
  1. 9. IAS 20 - Govt Grants and Govt Assistance00:38:41

1110. IAS 23 - Borrowing Costs

3 lectures · 01:18:23
  1. 10.1 IAS 23 - Borrowing Costs00:30:12
  2. 10.2 IAS 23 - Borrowing Costs00:28:05
  3. 10.3 IAS 23 - Borrowing Costs Questions00:20:06

1211. IFRS 5 - NCAHFS and DISC O

1 lectures · 00:47:54
  1. 11. IFRS 5 - NCAHFS and DISC OP00:47:54

1312. IFRS 16 - Leases

6 lectures · 02:59:42
  1. 12.1 IFRS 16 - Leases00:40:17
  2. 12.2 IFRS 16 - Leases01:00:47
  3. 12.3 IFRS 16 - Leases00:21:30
  4. 12.4 IFRS 16 - Leases - Sale and Lease Back at Fai00:22:50
  5. 12.5 IFRS 16 - Leases - Sale and Leaseback not at00:17:56
  6. 12.6 IFRS 16 - Leases - Lessor Accounting and Sub00:16:22

1413. IAS 33 - EPS

5 lectures · 01:22:22
  1. 13.1 IAS 33 EPS - Issue and Buy Back00:27:26
  2. 13.2 IAS 33 - EPS with Bonus Issue00:09:30
  3. 13.3 IAS 33 - EPS with Right Issue00:21:38
  4. 13.4 IAS 33 - EPS - Note Points00:02:23
  5. 13.5 Diluted EPS00:21:25

1514. IFRS 9 - Financial Instrum

4 lectures · 02:55:54
  1. 14.1 IFRS 9 - Financial Instruments and Financial00:50:12
  2. 14.2 Financial Assets in Debt securities and ERI00:56:01
  3. 14.3 Financial Assets in Equity securities00:17:26
  4. 14.4 Financial liabilities and Equity00:52:15

1615. IFRS 15 - Revenue Recognit

6 lectures · 02:51:32
  1. 15.1 IFRS 15 - Revenue Reco01:14:17
  2. 15.2 IFRS 15 - Basic Repo00:06:48
  3. 15.4 IFRS 15 - contract costing00:38:18
  4. 15.5 IFRS 15 - Question00:07:47
  5. 15.6 IFRS 15 - Factoring of Receivables00:14:34
  6. 15.7 Modification to the contracts00:29:48

1716. IAS 12 - Income Taxes

2 lectures · 00:57:02
  1. 01. IAS 12 - Current Tax00:19:31
  2. 02. IAS 12 - Deferred Tax00:37:31

1817. IAS 2 - Inventories

1 lectures · 00:44:42
  1. 17. IAS 2 - Inventories00:44:42

1918. IAS 41 - Biological Assets

1 lectures · 00:21:57
  1. 18. IAS 41 - Biological Assets00:21:57

2019. IAS 37 - Provisions CL CA

1 lectures · 01:07:07
  1. 1. IAS 37 - Provisions_CL_CA01:07:07

2120. IAS 10 - Events after RD

1 lectures · 00:24:59
  1. 20. IAS 10 - Events after RD00:24:59

2221. IAS 8 - Policies estimate

1 lectures · 00:51:03
  1. 1. IAS 8 - Policies estimates and Errors00:51:03

2322. IAS 21 - Forex

1 lectures · 00:27:43
  1. 22. IAS 21 - Forex00:27:43

2423. Groups and CSOFP

12 lectures · 05:29:32
  1. 01. Introduction to Groups00:37:29
  2. 23.2.1 Definitions00:10:08
  3. 23.2.2 Goodwill and Networth00:40:44
  4. 23.3 Recap of Networth of Sub00:03:13
  5. 23.4 Basic Consolidation of SOFP00:54:35
  6. 23.5 Purchase Consideration00:16:50
  7. 23.6 Adjustments in SOFP00:41:51
  8. 23.7 Intra group NCA transactions00:17:34
  9. 23.8 Adjustments in SOFP FInal00:26:57
  10. 23.9 Dec 19 Exam Question00:33:25
  11. 23.9.2 Dec 17 Exam Question00:15:28
  12. 23.9.3 Pyramid Question00:31:18

2524. Consolidated Profit and Lo

3 lectures · 01:06:31
  1. 24.1 Consolidated PL00:30:38
  2. 24.2 CSOPL Q200:10:11
  3. 24.3 CSOPL Q300:25:42

2625. IAS 28

3 lectures · 01:22:58
  1. 01. Associates Intro00:16:28
  2. 02. Associates - Q100:38:25
  3. 03. Associates - Q200:28:05

2726. Group Disposals

1 lectures · 00:17:41
  1. 01. Group Disposals00:17:41

2827. Cash Flow Statements

3 lectures · 01:36:28
  1. 27. IAS 7 - CFS Intro00:33:47
  2. 27.2 IAS 7 - CFS Format and Adjustments00:28:44
  3. 27.3 IAS 7 - CFS Q100:33:57

2928. Interpretation of Fin Stat

6 lectures · 02:46:11
  1. 01. Ratio Analysis - Operating Ratios00:35:07
  2. 02. Ratio Analysis - Liquidity Ratios00:25:33
  3. 03. Leverage Rations00:12:29
  4. 04. Issues with Ratios and Exam Tips00:13:57
  5. 05. Hardy Co - interpretation00:54:55
  6. 06. Non Financial Perf Measures and Not for Profit00:24:10

30Revision Module

27 lectures · 06:41:59
  1. 01. Intro to the Course00:08:16
  2. 02. Info about Syllabus guide00:04:44
  3. 03 ACCA Syllabus guide00:08:20
  4. 04. Kaplan Syllabus00:07:24
  5. 05. Conceptual Framework - P100:23:26
  6. 06. Conceptual Framework - P200:11:07
  7. 07. IFRS 13 - Fair Value00:10:53
  8. 08. IAS 1 - Financial Statements00:13:55
  9. 09. IAS 8 Changes in AC Policies and Estimates00:13:29
  10. 10. IAS 16 - Property Pant and Equipment00:25:01
  11. 11. IAS 40 - Investments Properties00:14:52
  12. 12. IAS 38 - Intangible Assets00:15:24
  13. 13. IAS 36 - Impairment00:19:06
  14. 14. IFRS 5 - NCAHFS and DO00:15:48
  15. 15. IAS 20 - Govt Grants00:15:27
  16. 16. IAS 23 - Borrowing Costs00:14:10
  17. 17. IAS 2 - Inventory00:11:15
  18. 18. IAS 41 - Agriculture00:09:04
  19. 19.1 IAS 37 - Provs, CL, CA00:07:48
  20. 19.2 IAS 37 - Provs, CL, CA00:06:50
  21. 20. IAS 10 - Events after reporting date00:08:04
  22. 21. IAS 33 - Earnings per Share00:13:19
  23. 22. IAS 21 - Forex00:08:31
  24. 23. IAS 12 - Income Tax00:20:03
  25. 24. IFRS 16 - Leases00:27:27
  26. 25. IFRS 15 - Revenue from Contracts with Customer00:37:15
  27. 26. IFRS 9 - Financial Instruments00:31:01

Free demo lectures

Watch FR before you enrol

Introduction to Financial Reporting Papers (FR/F7) of ACCA
Introduction to Financial Reporting Papers (FR/F7) of ACCA
01. IFRS 18 - Introduction - Part 1
01. IFRS 18 - Introduction - Part 1
03. Comparison Between IAS 1 and IFRS 18
03. Comparison Between IAS 1 and IFRS 18
04. The Five Categories of Income and Expenses under IFRS 18
04. The Five Categories of Income and Expenses under IFRS 18
All free FR videos
Sai Manikanta Pedamallu, tutor for ACCA FR

Your tutor

Sai Manikanta Pedamallu

CMA (US), ACCA (UK), CSCA (US), Dip IFRS, AFA (UK), MIPA (Aus), M.Com, M.B.A

A rare breed of educator who balances a high-stakes corporate career with a passion for transformative training. As the Director & GM of a software firm, Sai Manikanta brings the 'actual' world of finance and operations into the classroom. His credentials—spanning ACCA, CMA, and Triple Masters—are not just letters, but tools he uses to shape the next generation of global finance leaders.

Full profile

Frequently asked questions

How much does ACCA FR coaching cost at Global Fin X?

₹10,000 for the full Financial Reporting course. No GST for individual students. Need a GST invoice for input credit? Ask us — 18% GST is added. Manual UPI has no extra charge; cards and net banking through Razorpay add 2% + GST (2.36%).

What is the ACCA exam fee for Financial Reporting (FR)?

£147 (≈ ₹18,820), paid to ACCA when you book the exam at the standard entry deadline. It is separate from tuition. See the full ACCA fee breakdown.

Can I get an exemption from ACCA FR?

It is typically exempted for: Qualified CA (CA Final passed); CMA India Final. CA students are exempted from FR after passing Financial Reporting. Use the exemption checker to see your exact position.

How long is the FR lecture access?

Recorded lectures come with 6 months of access, and each lecture can be viewed 3 times. If you cannot sit the exam or do not clear it, access is extended free until you pass, on request.

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Questions about FR?

Tell us which papers you have passed or been exempted from. We will help you plan the order and the sitting.

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