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Timeliness

Timeliness means information is available to decision-makers in time to influence their decisions. Information received after a decision can no longer influence that decision, even if it is accurate. Timely publication can require estimates; these should still be based on reasonable evidence and accompanied by appropriate explanation where uncertainty matters. For example, a lender deciding on credit today cannot use a report published after the lending decision.

Worked example

Annual results released promptly are more useful for decisions than results released much later.

Common mistake

Speed should not undermine faithful representation; older information can remain useful.

Where it appears in your exams

QualificationExamRelationshipPeriod
ACCA F2 Supporting July 2027–August 2028
ACCA FA Direct September 2026–June 2027
ACCA FR Direct Official assessment-window verification pending
ACCA K1 Direct July 2027–August 2028
ACCA SBR Direct Official assessment-window verification pending
FIA FFA Direct September 2026–June 2027

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