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CPA FR Exam Syllabus Topics:
| Section | Objectives |
| Financial Reporting Framework | - Conceptual Framework for Financial Reporting
- 1. Recognition and measurement concepts
- 2. Elements of financial statements
- 3. Qualitative characteristics of financial information
|
| Analysis and Interpretation | - Financial statement analysis
- 1. Performance interpretation
- 2. Ratio analysis
|
| Financial Statements Preparation | - Preparation of financial statements
- 1. Statement of profit or loss and other comprehensive income
- 2. Statement of cash flows basics
- 3. Statement of financial position
|
| International Financial Reporting Standards (IFRS) | - IAS/IFRS Application
- 1. IFRS 15 Revenue from Contracts with Customers
- 2. IFRS 16 Leases
- 3. IAS 37 Provisions, Contingent Liabilities and Contingent Assets
- 4. IAS 16 Property, Plant and Equipment
- 5. IAS 38 Intangible Assets
|
| Group Financial Statements | - Consolidation
- 1. Intra-group transactions elimination
- 2. Preparation of consolidated financial statements
- 3. Goodwill calculation and impairment
|