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Format for Financial Statements

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Format for Financial Statements

  • This topic has 2 replies, 2 voices, and was last updated 5 years ago by gordy15557.
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  • May 9, 2020 at 1:28 pm #570399
    gordy15557
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    Does the Statement of Profit and Loss and other comprehensive income and statement of Financial Position format in the lecture notes are the format needed for the exam or can you use a three column for the statement of financial position and for the statement of profit and loss and other comprehensive income use a two column format rather than the format in the notes?

    May 10, 2020 at 3:51 pm #570500
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7142
    • ☆☆☆☆☆

    Hi,

    I’d use the format in the class notes as that represents what is seen in the model answers in the past exam papers.

    Thanks

    May 11, 2020 at 10:25 am #570542
    gordy15557
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    thank you

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