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FR heavily builds on FA knowledge?

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › FR heavily builds on FA knowledge?

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by mrjonbain.
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    Posts
  • May 27, 2023 at 10:38 am #685184
    kmorocza
    Participant
    • Topics: 4
    • Replies: 4
    • ☆

    Hello,

    I’ve recently posted a question on PM heavily building on the knowledge of MA. Is this also the case with FR and FA? Does FR assume a good knowledge in Financial Accounting? I’ve passed FA quite well (74%), but by the time I will get to FR (I have to re-study MA because I’ve forgotten everything then I need to do PM), I will have most likely forgotten a large chunk of FA knowledge.

    Thank you
    KM

    May 28, 2023 at 6:20 am #685211
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2427
    • ☆☆☆☆☆

    This thread should be helpful to you-

    https://opentuition.com/topic/f3-knowledge-required-for-f7/

    I would add that thoroughly understanding double entry is useful as a starting point when tackling more complex questions. Hope this helps.

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