Physics Wallah is an Indian edtech platform that provides accessible & comprehensive learning experiences to students from Class 6th to postgraduate level. We also provide extensive NCERT solutions, sample paper, NEET, JEE Mains, BITSAT previous year papers & more such resources to students. Physics Wallah also caters to over 3.5 million registered students and over 78 lakh+ Youtube subscribers with 4.8 rating on its app.
We Stand Out because
We provide students with intensive courses with India’s qualified & experienced faculties & mentors. PW strives to make the learning experience comprehensive and accessible for students of all sections of society. We believe in empowering every single student who couldn't dream of a good career in engineering and medical field earlier.
Our Key Focus Areas
Physics Wallah's main focus is to make the learning experience as economical as possible for all students. With our affordable courses like Lakshya, Udaan and Arjuna and many others, we have been able to provide a platform for lakhs of aspirants. From providing Chemistry, Maths, Physics formula to giving e-books of eminent authors like RD Sharma, RS Aggarwal and Lakhmir Singh, PW focuses on every single student's need for preparation.
What Makes Us Different
Physics Wallah strives to develop a comprehensive pedagogical structure for students, where they get a state-of-the-art learning experience with study material and resources. Apart from catering students preparing for JEE Mains and NEET, PW also provides study material for each state board like Uttar Pradesh, Bihar, and others
What is the best way to start preparing for ACCA FR?
Students should start by understanding the syllabus. Reading the study materials and creating a structured timetable also helps. Practice questions regularly to build confidence and improve accuracy.
How can I manage time effectively in the ACCA FR exam?
Students should divide their time according to the marks of each question. Start with questions they are confident about and leave enough time for calculations and revision.
Which topics are most important to focus on in ACCA FR?
Focus on group accounting, financial instruments, leases, revenue recognition, and key IFRS standards. Practicing these topics regularly to improve their chances of scoring 60 in ACCA FR.
What are some useful calculation tips for ACCA FR?
Memorize key formulas, break calculations into small steps, check units and signs, practice under timed conditions, and review their answers to avoid mistakes.
How can I stay calm and perform well on exam day?
Reach the exam center early, read questions carefully, start with confident areas, manage their time wisely, and leave a few minutes to review their answers before submission.
How to Score 60+ in ACCA Financial Reporting (FR)
Muskan Verma19 Aug, 2025
Score 60+ in ACCA FR: ACCA Financial Reporting (FR) is an important paper for every ACCA student. This exam tests students’ understanding of accounting standards, financial statements, and reporting skills. Many students also find this challenging to get good marks in this paper. But with the right approach, practice, and understanding of concepts, it is possible for students to score 60+ in ACCA FR. Below, we’ve explained a clear and simple guide to help students achieve this target.
Score 60+ in ACCA FR
Students who want to score 60+ in ACCA FR require a combination of knowledge, practice, and strategy. For students to understand the types of questions asked and focus on areas that carry more marks is very important. Many students make the mistake of only memorizing concepts without applying them in practice. To score 60+ in ACCA FR, it is important to solve past exam questions, practice calculations, and revise important standards regularly. Consistency in preparation helps improve accuracy and confidence.
ACCA FR Exam Syllabus
Understanding the syllabus is important to target students’ preparation effectively. The ACCA FR syllabus is divided into three main areas, which are mentioned in the table below:
ACCA FR Exam Syllabus
Syllabus Area
Topics Covered
A. Conceptual and Regulatory Framework
1. The need for a conceptual framework and the characteristics of useful information
2. Recognition and measurement of financial elements
3. Regulatory framework of financial reporting
4. Concepts and principles of groups and consolidated financial statements
B. Accounting for Transactions in Financial Statements
1. Tangible non-current assets
2. Intangible assets
3. Impairment of assets
4. Inventories and agriculture
5. Financial instruments
6. Leasing
7. Provisions and events after the reporting period
8. Taxation
9. Reporting financial performance
10. Revenue recognition
11. Government grants
12. Foreign currency transactions
C. Analysing and Interpreting Financial Statements
1. Limitations of financial statements
2. Techniques to interpret and assess financial performance
Effective Strategy to Score 60+ in ACCA FR
Below, we’ve mentioned an effective ACCA FR strategy:
Understand the Question First: Read the question carefully. Identify what is asked; is it the preparation of a statement, calculation, or analysis? Misreading the question can reduce students' marks.
Create a Study Schedule: Students should divide their study time according to topics. Spend more time on difficult areas and revise easier topics regularly. A well-structured timetable ensures all topics are covered before the exam.
Focus on Important Areas: Some topics carry more marks in the exam. These include group accounting, financial instruments, leases, and revenue recognition. Concentrate on these areas to improve their chances of scoring 60+ in ACCA FR.
Use ACCA FR Study Materials: ACCA provides study texts, past papers, and technical articles. Using these resources will help them understand the exam pattern and the type of questions asked.
Practice Regularly: Practice is key in ACCA FR. Solve past questions and mock tests. Regular practice helps students gain confidence and improves calculation speed, which is important for FR calculation tips.
Allocate Time: Divide the time according to marks. Spend more time on high-mark questions, but students should attempt all questions. This strategy increases the chances to score 60+ in ACCA FR.
Use the Right Format: Students should present their answers in the correct accounting format. A properly formatted statement or calculation earns marks even if minor errors are present.
Highlight Key Points: For theory or case-based questions, students should underline important points and structure the answer clearly. Clear presentation is part of an effective ACCA FR strategy.
Revision Before Exam: Regular revision of key standards, formulas, and concepts is necessary. Make short notes for quick review before the exam. Revision boosts accuracy in FR calculation tips.
FR Calculation Tips
Calculations are also an important part also for the ACCA FR exam. Students who know how to approach them can help students score 60+ in ACCA FR. Below, we’ve mentioned some FR calculation tips:
Memorize Key Formulas: Some formulas appear in almost every exam. Memorize formulas for ratios, depreciation, provisions, and goodwill calculations.
Check Units and Signs: Pay attention to units (thousands, millions) and positive/negative signs. Small mistakes can cost marks.
Practice Time Management: Solve calculation questions within the given time limit. Practicing timed questions will help students finish the exam comfortably.
Step-by-Step Approach: Break down complex calculations into small steps. This approach reduces errors and ensures full marks for each step.
Review Answers: If time permits, students should check their calculations before submission. Many students lose marks due to small mistakes, which can be avoided with careful review.
Common Challenges and How to Overcome Them?
Many students face challenges in ACCA FR. Below, we’ve mentioned how students can handle them:
Complex Standards: Standards like IFRS 16 (Leases) or IFRS 9 (Financial Instruments) may seem difficult. Break them into small parts and understand the main points.
Time Pressure: Many students cannot complete the exam on time. Solve past papers within the time limit to improve speed.
Calculation Errors: Mistakes in calculations can cost marks. Use the FR calculation tips mentioned above to minimize errors.
Theory Questions: Students often ignore theory. Answer theory questions clearly and concisely. Focus on key points to score 60+ in ACCA FR.
Tips for Exam Day
Below, we’ve mentioned some tips that students can follow on the day of the examination:
Arrive Early: Students should reach the exam center early. It helps in avoiding unnecessary stress.
Read Questions Carefully: Take a few minutes to read all questions. Students should plan their answers accordingly.
Start with Confident Areas: Start with questions that students know well. This helps in building confidence and saves time for difficult questions.
Manage Time Wisely: Keep track of time for each question. Avoid spending too much time on one question.
Review Before Submission: If time allows, quickly check all the answers for mistakes. This final check can help students score 60+ in ACCA FR.
Students can score 60+ in ACCA FR with proper planning, practice, and strategy. Understanding the syllabus, practicing calculations, revising key standards, and following an exam-day plan are essential steps. By using these simple tips and consistently applying them, every student can improve performance and achieve the target score in ACCA Financial Reporting.
