31 Jul 2026, 19:37 UTC≈8,590 views17 reactionsread 10 September 2026 2. Investing Category
Income and expenses from investments.
Examples:
📐Dividend income
📐Rental income from investment property (depending on business model)
📐Investment gains
3. Financing Category
Items relating to raising finance.
Examples:
🖇️Interest expense
🖇️Finance costs
🖇️Certain foreign exchange effects on financing
4. Income Tax
Presented separately.
5. Discontinued Operations
Presented separately under …
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31 Jul 2026, 19:33 UTC≈7,080 views7 reactionsread 10 September 2026 New Profit or Loss Structure
Statement of Profit or Loss is divided into:
1. Operating Category
Main business activities.
Examples:
📌Revenue
📌Cost of sales
📌Administrative expenses
📌Selling expenses
📌Depreciation
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ACCA Study Material pinned «IFRS 18 (NEW STANDARD) What is IFRS 18? Effective: Annual periods beginning on or after 1 January 2027. 📣It replaces IAS 1 Presentation of Financial Statements and introduces a more consistent structure for presenting financial performance. Objective…»
31 Jul 2026, 19:30 UTC≈7,400 views8 reactionsread 10 September 2026 IFRS 18 (NEW STANDARD)
What is IFRS 18?
Effective: Annual periods beginning on or after 1 January 2027.
📣It replaces IAS 1 Presentation of Financial Statements and introduces a more consistent structure for presenting financial performance.
Objective - Improve:
1️⃣Comparability
2️⃣Transparency
3️⃣Consistency
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ACCA Study Material pinned «Examinable Documents September 2026 to June 2027 FINANCIAL REPORTING (FR) & STRATEGIC BUSINESS REPORTING (SBR)»
31 Jul 2026, 19:24 UTC≈6,590 viewsread 10 September 2026 Examinable Documents September 2026 to June 2027
FINANCIAL REPORTING (FR) & STRATEGIC
BUSINESS REPORTING (SBR)
31 Jul 2026, 19:21 UTC≈6,450 viewsread 10 September 2026 https://www.accaglobal.com/content/dam/acca/global/PDF-students/acca/f7/fr_sbr_examdoc_sS26_j27.pdf
31 Jul 2026, 19:21 UTC≈6,340 viewsread 10 September 2026 for September 2026 to June 2027 exams
ACCA Study Material pinned a photo
14 Jul 2026, 18:52 UTC≈10,500 views9 reactionsread 10 September 2026 Photo
🥳ACCA June 2026 Exam Pass Rate (%) 🚀
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9 Jul 2026, 10:02 UTC≈10,500 viewsread 10 September 2026 ABC allocates each overhead based on the activity that caused it, resulting in a fair and accurate product cost.
✅ Result: Product B receives a higher share of overheads because it consumes more activities.
9 Jul 2026, 10:02 UTC≈9,390 views7 reactionsread 10 September 2026 Under Activity-Based Costing (ABC)
Total Overheads
│
┌──────────────────┼──────────────────┐
▼ ▼ ▼
Machine Setups Inspections Purchase Orders
(Cost Pool) (Cost Pool) (Cost Pool)
│ │ │
▼ ▼ ▼
No. of Setups Inspection Hours …
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