Skip to content
Sign inRegister

Ask the Tutor ACCA FR

Do we need to know t accounts for cashflows in the financial reporting exam?

SSasha3y ago
Hi, I'm able to work out by subtracting and adding and I understand the concept of working out for example PPE purchased, dividends and tax paid. Will I have to do t accounts in the exam and therefore lose marks or can I show my working in a different way? Also, will t accounts come up in a question and then we have to work out things from there or are trial balances what we will get? Thank you so much to Open Tuition for being free and very informative. I am so grateful! Sasha
P2-D2P2-D2Tutor3y ago#1
Hi Sasha, Thank you for your kind comment and I hope we can see you through the FR exam. You don't have to use T-accounts in the exam. Provided you are clear with what you have done in the working then all will be fine. Just remeber that we won't see a full question on SCFs, we will only see extracts being asked for. Thanks and good luck with the studies.
P2-D2P2-D2Tutor3y ago#2
Hi Sasha, Thank you for your kind comment and I hope we can see you through the FR exam. You don't have to use T-accounts in the exam. Provided you are clear with what you have done in the working then all will be fine. Just remeber that we won't see a full question on SCFs, we will only see extracts being asked for. Thanks and good luck with the studies.
Sign into reply to this topic.