• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

Help to understand which Financial statements to use

Forums › OBU Forums › Help to understand which Financial statements to use

  • This topic has 2 replies, 2 voices, and was last updated 3 years ago by GillianM – OBU Registered Mentor.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • June 29, 2021 at 6:58 pm #626635
    rowe992
    Participant
    • Topics: 2
    • Replies: 34
    • ☆

    Good day,
    I am planning to do topic 5 for period 43 and I found two companies with different reporting periods. The main company has year end December 31 and the comparator January 31. I want to know what financial statements I would use seeing that the RAP would be submitted in November? Do I use the three previous full year statements from 2018,2019 and 2020 or I should use quarterly reports to include 2021 results?

    I know this is a frequently asked question however I have been looking through the forums as well as the OBU information pack but I am still unsure as to the explicit requirement and I would like to do some ground work as I am awaiting my final ACCA level 2 paper result in July to determine my eligibility.

    August 18, 2021 at 6:45 pm #631986
    GillianM – OBU Registered Mentor
    Moderator
    • Topics: 3
    • Replies: 518
    • ☆☆☆☆

    The statements ended December 2020 for the main company and January 2021 for the comparator. With only a month apart this shouldn’t present too much difficulty

    August 18, 2021 at 6:45 pm #631987
    GillianM – OBU Registered Mentor
    Moderator
    • Topics: 3
    • Replies: 518
    • ☆☆☆☆

    The statements ended December 2020 for the main company and January 2021 for the comparator. With only a month apart this shouldn’t present too much difficulty

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • mrjonbain on What is Assurance? – ACCA Audit and Assurance (AA)
  • Ejueyitsi-Toju on What is Assurance? – ACCA Audit and Assurance (AA)
  • sadik.sadka on How to make the best use of OpenTuition
  • SONIC916 on Lessee accounting – ACCA (SBR) lectures
  • AkinMike on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in