Fundamental ethical and professional principles (A)

Accounting ethics in the digital age
This article looks at a variety of ethical threats that a contemporary accountant working in the digital age may encounter and considers how these threats might be addressed.

Topic explainer video: Applying the ethical principles to earn marks
In this video, expert tutor Tom Clendon demonstrates how to apply the ethical principles to earn marks (YouTube)

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The financial reporting framework (B)

The Conceptual Framework for Financial Reporting
In March 2018, the International Accounting Standards Board finished its revision of The Framework for Financial Reporting.

Topic explainer video: Conceptual Framework                                
In this video, expert tutor Aleena Kareem unpacks the Conceptual Framework (YouTube).

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Reporting the financial performance of a range of entities (C)

IFRS 9 Financial Instruments, part 1 | part 2
Part 1 of this article covers recognition, measurement of financial assets, measurement of financial liabilities, derecognition and reclassification impairment. Part 2 then goes on to look at derivatives and hedge accounting.

Deferred tax
This article considers the aspects of deferred tax that are relevant to the Financial Reporting exam before moving on to the more complicated situations that may be tested in the Strategic Business Reporting exam.

IFRS 13 Fair Value Measurement
IFRS 13 was issued in May 2011 and defines fair value, establishes a framework for measuring fair value and requires significant disclosures relating to fair value measurement.

Measurement
This article considers the relevance of information provided by different measurement methods and explains the effect that they may have on the financial statements.

Revenue revisited
This two-part article considers the application of IFRS 15 Revenue from Contracts with Customers.

When does debt seem to be equity?
The difference between debt and equity in an entity’s statement of financial position is not easy to distinguish for preparers of financial statements. Many financial instruments have both features with the result that this can lead to inconsistency of reporting.

Accounting for cyptocurrencies
There are many issues that accountants may encounter in practice for which no IFRS® Accounting Standard currently exists. In this situation, accountants have no alternative but to refer to existing IFRS Accounting Standards. This article demonstrates to SBR candidates how this can be done, using cryptocurrencies as an example.

Topic explainer video: Deferred tax / deferred tax and group scenarios
In this video, expert tutor Tom Clendon examines the topic of 'Deferred tax' (YouTube)

Topic explainer video: Financial instruments (Debt vs Equity)
In this video, expert tutor Tom Clendon examines the topic of 'Financial instruments (Debt vs Equity)' (YouTube)

Topic explainer video: Financial instruments (Financial assets)
In this video, expert tutor Tom Clendon examines the topic of 'Financial instruments (Financial assets)' (YouTube)

Topic explainer video: Share-based payments & deferred tax implications   
In this video, expert tutor Aleena Kareem examines the topic of 'Share-based payments, including deferred tax implications' (YouTube)

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Financial statements of groups of entities (D)

Business Combinations
This article provides an introduction to IFRS 3 Business Combinations and IFRS 10 Consolidated Financial Statements, including step acquisitions and disposals.

Impairment of goodwill
This article discusses and shows both ways of measuring goodwill following the acquisition of a subsidiary, and how each measurement of goodwill is subject to an impairment review.

Topic explainer video: Foreign operations and consolidated financial statements
In this video, expert tutor Aleena Kareem unpacks the topic of 'Foreign operations and consolidated financial statements' (YouTube)

Topic explainer video: Disposal of investments                                    In this video, expert tutor Aleena Kareem unpacks the topic of 'Disposal of investments' (YouTube)

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Interpret financial statements for different stakeholders (E)

Topic explainer video: Operating segments
In this video, expert tutor Trevor Tinashe  unpacks the topic of 'Operating segments' (YouTube)

Topic explainer video: Investor focus
In this video, expert tutor Tom Clendon  unpacks the topic of 'Investor Focus' (YouTube)

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The impact of changes and potential changes in accounting regulation (F)

IFRS Sustainability Disclosure Standards
From September 2024, the SBR exam will test candidates on the IFRS Sustainability Disclosure Standards. Candidates will need to be able to use their knowledge of IFRS S1 and IFRS S2 to assess disclosures of climate-related risks and opportunities.

Climate change and IFRS Accounting Standards
The International Sustainability Standards Board has now issued its first IFRS Sustainability Disclosure Standards. These will help entities communicate material sustainability-related risks and opportunities that might affect its prospects. One of these standards, IFRS S2 Climate-related Disclosures, is specifically concerned with climate-related risks and opportunities.

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Technical articles on multiple syllabus sections

SBR exam technique video: Q1 practical guidance
In this video, expert tutor Tom Clendon demonstrates how to approach question 1 in SBR, using a prepopulated spreadsheet response option  (YouTube)

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