ACCA Strategic Business Reporting ACCA SBR P2 module

This ACCA SBR P2 Strategic Business Reporting module is designed to help you understand how to prepare corporate reports. During this course, you'll learn how to conduct ethical assessments of management's leadership, applying professional judgement to financial reporting, and how to communicate the impact of changes to accounting regulations on financial reporting. To achieve the full ACCA membership qualification you will need to complete this course, as well as 12 other modules. Alternatively, you can achieve your ACCA Strategic Professional qualification by completing this module, the ACCA SBL P1 Strategic Business Leader module, and you will also choose two of the following optional modules:

• ACCA AFM P4 Advanced Financial Management
• ACCA APM P5 Advanced Performance Management
• ACCA AAA P7 Advanced Audit and Assurance

If you're looking to simply develop your management accounting knowledge, you can also study this course on its own. Read our guide to the ACCA course and modules.

Course Content

Section A Fundamental ethical and professional principles

• Professional and ethical behaviour in corporate reporting

Section B The financial reporting framework

• The applications, strengths, and weaknesses of the accounting framework

Section C Reporting the financial performance of a range of entities

• Revenue
• Non-current assets
• Financial instruments
• Leases
• Employee benefits
• Income taxes
• Provisions, contingencies, and events after the reporting date
• Share-based payment
• Fair Value Measurement
• Reporting requirements of small entities
• Other reporting issues

Section D Financial statements of groups of entities

• Group accounting including statements of cash flows
• Associates and joint arrangements
• Changes in group structures
• Foreign transactions and entities

Section E Interpret financial statements for different stakeholders

• Analysis and interpretation of financial information and measurement of performance

Section F The impact of changes and potential changes in accounting regulation

• Discussion of solutions to current issues in financial reporting

Section G Employability and technology skills

• Use computer technology to efficiently access and manipulate relevant information
• Work on relevant response options, using available functions and technology, as would be required in the workplace
• Navigate windows and computer screens to create and amend responses to exam requirements, using the appropriate tools
• Present data and information effectively, using the appropriate tools