Administration | Project Management | Strategy
Strategic Business Reporting
The aim of the syllabus is to discuss, apply and evaluate the concepts, principles and practices that underpin the preparation and interpretation of corporate reports in various contexts including the ethical assessment of management’s stewardship and the information needs of a diverse group of stakeholders.
The syllabus for Strategic Business Reporting assumes knowledge acquired at the Applied Skills level including the core technical capabilities to prepare and analyse financial reports for single and combined entities.
The syllabus requires students to examine corporate reporting from a number of perspectives, not only from the point of view of the preparer of corporate reports but also from the perspective of a variety of different stakeholders such as finance providers and investors. The syllabus further requires the assessment and evaluation of the reporting decisions made by management and their implications for a range of stakeholders and entities. It also explores the professional and ethical responsibilities of the accountant to these stakeholders.
The subject matter of the syllabus requires students to have an understanding of the IASB’s Conceptual Framework for Financial Reporting® and to use the Framework as a basis for judgment in applying International Financial Reporting Standards in corporate reports. The syllabus considers both the principles and practices of IFRS® Standards and uses these principles as a basis for the preparation of the financial statements of single entities and groups.
The syllabus requires students to reflect on the usefulness of corporate reports to stakeholders including developments in narrative reporting such as Integrated Reporting and sustainability reporting and to discuss the nature of the information that would help stakeholders assess the future prospects of the entity. This involves the analysis and interpretation of corporate reports, and the provision of advice on the reporting implications
of transactions.
The penultimate section of the syllabus addresses developments in corporate reporting and the implications of any potential changes. This includes a discussion of the deficiencies of existing accounting standards and the ability to explain the implications for a business and its stakeholders of significant changes to reporting frameworks.
Question scenarios will be based on contemporary business settings, however, candidates will not be required to have detailed knowledge of these businesses. Question scenarios will be current and relevant for example the impact of climate change.
The final section of the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the SBR examination. This includes being able to access and open exhibits, requirements and response options from different sources and being able to use the relevant functionality and technology to prepare and present response options in a professional manner. These skills are specifically developed by practising and preparing for the SBR exam, using the learning support content for computer-based exams available via the practice platform and the ACCA website and will need to be demonstrated during the live exam.
Sep 2024
Start Date
77 hours
Duration
ACCA
Certification
PwC’s Academy
Course Provider
€600
Prerequisites
See Below
Basis
Part-Time
Location
In-Person | Online
Course Fees
€600
What you'll learn
The below syllabus is covered during this course:
- Fundamental ethics and professional principles
- The financial reporting framework
- Reporting the financial performance of a range of entities
- Financial statements of groups of entities Interpret financial statements for different stakeholders
- Employability and technology skills
The course is composed of 45 hours of direct live-online tuition and 32 hours of face-to-face intensive revision workshops in a boot camp format. This new delivery methodology has been implemented to ensure that you get a comprehensive understanding of the knowledge related to the SBR paper while also having the opportunity to get extensive exam practice. Both the tuition phase and revision phase will be delivered by Costas Seraphim who is a leading tutor for SBR.
The syllabus will be covered via live online lectures. Then there will be a full revision face to face which is going to be a question-based revision. During the revision phase, the focus will be on practising lots of past paper questions. Through the briefing of the questions and the debriefing of the answers one will be revising the syllabus but most importantly developing the necessary exam technique that is needed to pass this exam.
What to expect during the tuition phase:
- Coverage of the syllabus
- Exercises to check your level of understanding of different concepts and principles
- High-level questions to consolidate knowledge
- Home assignments
What to expect during the revision phase (through past-paper questions):
- Briefing the question and explaining how to identify and use the important information from the scenario
- Working out of questions under time pressure
- Debriefing of answers
- Answering individual queries
This reworked format has proven very effective, with a local pass rate of 75% compared to the global pass rate of 50%
Who Should Attend?
Individuals who are doing their ACCA Strategic Professional exams.
Prerequisites
Either has completed all 3 Applied Knowledge exams and all 6 Applied skills exams or hold a relevant Accounting, Finance, or similar degree.
Assessment
The Academy prepares students to sit for their Computer Based Exam (CBE) in either June or December.
Key-Features
- First-class tutoring
- Award-winning tutor
- Live online tuition combined with face-to-face revision workshops
- A total of 77 hours in tuition and revision
- Innovative materials
- Unique online learning
- Exam standard questions throughout
- Student support
- 2 Mock exams (one pre-revision workshop & one post-revision workshop)
- Revision boot camp included
Course Provider
PwC’s Academy has been PwC’s training arm since its creation in 2010. As from 2014, PwC’s Academy was licensed by the Malta Further and Higher Education Authority (MFHEA) as a Higher Education Institution (Licence No: 2007-TC-004). In 2022, it also updated its licence with MFHEA to offer learning solutions through digital channels and even in blended mode.
The world of work has embarked on a massive transformation journey. Today more than ever, everyone should be able to live, learn, work and participate in our digital world. Our purpose is to upskill, reskill and develop individuals and prepare them for this ever-changing professional environment.
We are committed to supporting you in acquiring the skills and aptitudes you need to grow your career and your people. Whether you are an individual professional, a corporate, a student, we can provide you with the technical and professional development courses, all tailored to your needs.
The Academy works closely with you to understand your learning needs, design compelling learning journeys, and deliver a training solution that addresses your investment objectives.
The Academy Network adds value by:
- Going to market with specialised programmes developed by PwC’s internal subject matter expert
- Designing and delivering bespoke learning solutions to solve important client problems and
- Collaborating with professional bodies to offer the most renowned international certifications
Furthermore, PwC’s Academy is an ACCA Global Platinum ALP providing first-class tuition to all students who would like to pursue the ACCA qualification. In addition, it focuses on providing its students with:
- Tailor-made learning journeys
- One-to-one student support
- Pass-guarantee scheme
- Additional tutor support
- Guidance on ACCA resources and how to use them
Contact Information
Telephone number: 25644000
E-mail (ACCA courses): mt.accaacademy@pwc.com
E-mail (non-ACCA courses): mt.academy@pwc.com
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