About ACCA Financial Reporting (FR) – F7
Requirements for the ACCA F7 Course
The requirements to undertake the ACCA F7 course, also known as “Financial Reporting,” depend on two factors: your chosen pathway and your educational background.
ACCA Qualification Pathway:
Successfully complete all ACCA Skills exams (F4-F6): These exams equip you with essential skills in taxation, corporate and finance law, and advanced financial accounting before delving into complex technical areas like Financial Reporting.
No additional entry requirements beyond passing the prerequisite exams.
ACCA F7 Syllabus and Study Guide:
ACCA Qualification Structure: https://www.accaglobal.com/gb/en/member/membership/recognition.html
ACCA Professional Diploma in Accounting and Business: https://www.accaglobal.com/gb/en/qualifications/glance/acca/diploma.html
Costs of ACCA F7 Certification
Similar to other ACCA exams, the cost of the ACCA F7 (Financial Reporting) exam depends on various factors:
- Your Location: Exam fees differ across regions. For the March 2024 sitting, the standard entry fee for F7 in the UK is £204, while it’s £154 in Kenya.
- Exam Format: You can choose to take F7 remotely or at a test center. Remote exams are generally cheaper than center-based exams.
- Entry Deadline: Standard and late entry deadlines exist for each exam sitting, with late entries incurring higher fees.
Here’s a table summarizing the F7 exam fees for different regions and entry deadlines:
Region Standard Entry (Remote/Center) Late Entry (Remote/Center)
UK £204/£424 £204/£452
Kenya £154/£392 £154/£410
Pakistan £154/£392
£154/£410
For the latest and most accurate exam fees specific to your region, consult the ACCA Global website: https://www.accaglobal.com/gb/en/qualifications/accountancy-career/fees/fees-charges.html
Remember to consider additional costs like:
Study materials: Textbooks, study guides, and online resources for preparation.
Tuition fees: If you enroll in an ACCA F7 preparation course.
Here are some tips for saving money on ACCA F7 exam costs:
Register early for standard entry fees.
Choose remote exams if available in your region.
Consider used study materials or borrowing from friends.
Look for scholarships or grants to help fund your studies.