The syllabus requires trainees to analyze company reporting from a range of perspectives, not only from the perspective of the preparer of company records but also from the perspective of a number of different stakeholders including finance suppliers and investors. The syllabus also requires evaluation and review of monitoring reporting decisions and their impact on different stakeholders and entities. It also examines the expert and ethical obligations of the accountant to these stakeholders.

The syllabus topic requires the students to have knowledge of the IASB's Conceptual Framework for Financial Reporting ® and to use the Framework as a foundation for judgment in applying International Financial Reporting Standards in corporate reports. The syllabus is based on both the theory and practice of IFRS ® Standards and uses these principles as a foundation of the preparation of financial statements of single entities and groups. 

The syllabus mandates trainees to deliberate about the relevance of business information to stakeholders consisting of developments in narrative reporting like Integrated Reporting and sustainability reporting and discuss the type of information that would help stakeholders assess future prospects of the entity.

This encompasses the examination and review of corporate records and the development of opinions regarding the reporting impacts of transactions.

 The second to last part of a syllabus talks about developments on business reporting and the implications of any potential changes. It is necessary to analyze the deficiencies of existing audit requirements and ability to interpret the ramifications for a company and its stakeholders of substantial changes in the reporting structures. 

The problem situations will definitely be grounded in modern organization settings; however, candidates will not be required to have detailed knowledge of such companies. Inquiry conditions will definitely be actual and suitable as an instance the impact of climate change.

The final area of the syllabus covers end results related to the demonstration of appropriate digital and employability skills in the preparation for and sitting of the SBR exam.  

This involves being able to obtain and open displays, necessitates and action alternatives from various sources and being able to use the relevant facility and technology to prepare and present response alternatives in a professional manner.  These skills are developed preparing for the SBR exam, utilizing with the discovering assistance content for computer-based tests available through the practice platform and the ACCA internet site, and will need to be shown during the real-life assessment. 

GlobalAPC's SBR course covers lots of recent past exam questions to make sure that you are familiar with the SBR exam style.

Here is the latest SBR past exam question from March/June 23 published by ACCA, called Cutherd Co covering the following syllabus areas: Ethics, Procurement, Impairment, Intangible Assets.

On successful completion of this paper, prospects need to be able to:

 A. Apply basic moral and specialist concepts to ethical dilemmas and discuss the effects of dishonest practices  

B. Evaluate the suitability of the economic reporting structure and critically discusschanges in accountancy policy  

C. Apply expert reasoning in the reporting of the monetary performance of a range of entities keep in mind the discovering outcomes in Section C of the syllabus can relate to: solitary entities, teams, public market entities and not-for earnings entities (where proper).  

D. Prepare the economic statements of teams of entities.  

E. Interpret economic statements for different stakeholders.  

F. Communicate the effect of changes and potential adjustments in audit regulation on monetary coverage.  

G. Demonstrate employability and modern technology skills.