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Financial Accounting and Reporting: UK GAAP

Exam resources to help you prepare for your exam.

The Financial Accounting and Reporting: UK GAAP exam is three hours long and consists of four written test questions. The exam enables you to prepare complete single entity and consolidated financial statements, and extracts from those financial statements, in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The exam is available in March, June, September and December and you have a maximum of four attempts at this exam. 

You can choose between a UK GAAP and an IFRS version of the Financial Accounting and Reporting exam. How you decide which alternative module to take should be based on which reporting framework is most relevant to your workplace and your employer will help to guide you on this.