CPA Financial Reporting : FR

Exam Code: FR

Exam Name: Financial Reporting

Updated: Oct 30, 2026

Q & A: 80 Questions and Answers

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About CPA Financial Reporting : FR Exam

What are the new features of the CPA Australia FR Exam

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Who should take the CPA Australia FR Exam

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FR exam dumps

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CPA FR Exam Syllabus Topics:

SectionObjectives
Financial Statements Preparation- Preparation of financial statements
  • 1. Statement of profit or loss and other comprehensive income
    • 2. Statement of financial position
      • 3. Statement of cash flows basics
        Group Financial Statements- Consolidation
        • 1. Goodwill calculation and impairment
          • 2. Preparation of consolidated financial statements
            • 3. Intra-group transactions elimination
              Financial Reporting Framework- Conceptual Framework for Financial Reporting
              • 1. Qualitative characteristics of financial information
                • 2. Elements of financial statements
                  • 3. Recognition and measurement concepts
                    International Financial Reporting Standards (IFRS)- IAS/IFRS Application
                    • 1. IFRS 16 Leases
                      • 2. IAS 37 Provisions, Contingent Liabilities and Contingent Assets
                        • 3. IAS 16 Property, Plant and Equipment
                          • 4. IFRS 15 Revenue from Contracts with Customers
                            • 5. IAS 38 Intangible Assets
                              Analysis and Interpretation- Financial statement analysis
                              • 1. Ratio analysis
                                • 2. Performance interpretation

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