Strategic Business Reporting (SBR)

Required Prerequisites:

  •  You can start your SBR exam by completing your skills module.

Suggested Prerequisites:

  •  Skills Module

What you will learn:

The syllabus is designed to progressively broaden and deepen the knowledge, skills and professional values demonstrated by the student on their way through the qualification. The specific capabilities within the detailed syllabuses and study guides are assessed at one of three intellectual or cognitive levels:

Level 1: Knowledge and comprehension

Level 2: Application and analysis

Level 3: Synthesis and evaluation


  • If you complete your Skills module, you may start your professional module.

Course Objective:

SBR Strategic Business Reporting is designed to help with planning study and to provide detailed information on what could be assessed in any examination session.

On successful completion of this paper candidates should be able to:

  • Apply fundamental ethical and professional principles to ethical dilemmas and

discuss the consequences of unethical behavior.

  • Evaluate the appropriateness of the financial reporting framework and critically

discuss changes in accounting regulation.

  • Apply professional judgement in the reporting of the financial performance of a

range of entities.


The learning outcomes in Section C of the syllabus can apply to: single entities,

groups, public sector entities and not-for profit entities (where appropriate)

  •  Prepare the financial statements of groups of entities.
  • Interpret financial statements for different stakeholders.
  • Communicate the impact of changes and potential changes in accounting

regulation on financial reporting.

Course Topics:

Fundamental ethical and professional principles

  •  Professional behaviour and compliance with accounting standards
  • Ethical requirements of corporate reporting and the consequences of unethical behaviour

The financial reporting framework

  •  The applications, strengths and weaknesses of the accounting framework

Reporting the financial performance of a range of entities

  • Revenue
  • Non-current assets
  • Financial instruments
  • Leases
  • Employee benefits
  • Income taxes
  • Provisions, contingencies and events after the reporting date
  • Share-based payment
  • Fair Value Measurement
  • Reporting requirements of small and medium-sized entities (SMEs)
  • Other reporting issues

Financial statements of groups of entities

  • Group accounting including statements of cash flows
  • Associates and joint arrangements
  • Changes in group structures
  • Foreign transactions and entities

Interpret financial statements for different stakeholders

  •  Analysis and interpretation of financial information and measurement of performance

The impact of changes and potential changes in accounting regulation

  • Discussion of solutions to current issues in financial reportin
  • Related Training/preparations:

    •  ACCA SBR notes
    • ACCA SBR Practice Questions
    • ACCA SBR Revision
    • SBR Revision Mock Exam