Acca financial Accounting (FA) Study Text ac ca (FA)

 

KAPLAN PUBLISHING

 

P.11 

Syllabus objectives 

We have reproduced the ACCA's syllabus below, showing where the objectives 

are explored within this book. Within the chapters, we have broken down the 

extensive information found in the syllabus into easily digestible and relevant 

sections, called Content Objectives. These correspond to the objectives at the 

beginning of each chapter.

 

Syllabus learning objective 

Chapter 

reference 

A 

THE CONTEXT AND PURPOSE OF FINANCIAL 

REPORTING 

 

1 

The scope and purpose of, financial statements for 

external reporting 

 

(a)  Define financial reporting – recording, analysing and 

summarising financial data.

[k]

 

1 

(b)  Identify and define types of business entity – sole   

trader, partnership, limited liability company.

[k]

 

1 

(c)  Recognise the legal differences between a sole   

trader, partnership and a limited liability company.

[k]

 

1 

(d)  Identify the advantages and disadvantages of 

 

operating as a limited liability company, sole trader or 

partnership.

[k]

 

 

(e)  Understand the nature, principles and scope of 

 

financial reporting.

[k]

 

1