Financial Accounting and Reporting 2Financial Accounting 2 builds upon the preceding Financial Accounting papers in Professional Level 1 and Foundation level. The paper addresses the need for qualified accountants both to have an awareness of current thought, debates and developments affecting the financial reporting, and the ability to apply relevant financial reporting standards to advanced accounting topics. The aim of this paper is to develop and examine your ability: To critically

analyse and evaluate the consequences of an organisation’s current strategic direction including objectives

It covers management information

Each pre-seen is used for two exam sittings with the November and February exams using the same pre-seen and the May and August exams using the same pre-seen

The subject portrays the role of management accounting in the contexts of commercial and public sector bodies and its wider role in society

The aim of the Corporate & Business Law (Global) syllabus is to develop knowledge and skills in the understanding of the general legal framework within which international business takes place

In addition

D Risk and Control

economic drivers

F Other assignments

using appropriate risk management tools

Understand the role and responsibilities of the accounting function within an organisation

Please note that the Tax Processes for Business included in both current bundles is the FA 2024 version valid for assessments until January 2026