The Association of Chartered Certified Accountants (ACCA) is a professional body that offers the Strategic Business Reporting (SBR) course. This course is designed for ACCA members who want to progress in their careers and become strategic business reporters. The SBR course covers various topics, including financial reporting, corporate governance, and risk management.
- Also known as SBR or P2 ACCA paper
- Level: Strategic Professional Exams
- Compulsory subject: Yes
- Pass rates: 42% to 48%
- Key Topics: IFRS, Financial Reporting
- Exam pattern: A case study on CBE
- Duration: three hours and fifteen minutes
- Number of Questions: Four compulsory questions divided into two sections
What is the objective of the SBR exams?
Strategic Professional Exams require students to mimic what they would do in the workplace effectively. Students can take these exams using various tools, including a word processor, spreadsheets and presentation slides.
There are four areas that you will be tested on in the exam. These include concepts, theories and principles and your ability to question various accounting treatments presented by designers of financial statements or companies' policies and procedures.
The exam is designed to assess students' ability in relational issues, including those that pertain directly or indirectly to accounting. It will focus on evaluating alternative practices and identifying which are most pressing for a company's business success before deciding how they should be handled ethically/professionally with technical knowledge when addressing these reportable events in an actual workplace setting.
To answer questions, students need only adopt either a stakeholder or external focus.
They will also be required to demonstrate personal skills such as problem-solving and decision-making in this scenario that is appropriate for their skill set based on what they know from previous experiences with similar situations/places etc.
Demonstrating good communication abilities during these types of work can help solve problems more easily!
The accounting exam deals with the specific knowledge of preparing and presenting consolidated financial statements in conformity with standards.
The question types used at Strategic professional examinations provide ample opportunity for exam takers, both current accountants looking into advancing career opportunities with larger firms.
What does the SBR Syllabus cover?
An understanding of corporate reports' concepts and principles is necessary for an analyst to provide accurate, impartial analysis.
Corporate reporting: The SBR course syllabus will help you learn how to prepare those documents so they can best fulfil their purpose and address any information needs from stakeholders who might not know much about what's happening inside your company or organization.
Knowledge of Financial Reporting: The syllabus for Strategic Business Reporting will assume that you have gained knowledge and skills from the applied skill level, including the core technical capabilities to prepare financial reports.
Balanced view: To provide a balanced and insightful perspective on corporate reporting, students are required to examine what is done by the preparer of reports and different stakeholders such as finance providers and investors.
IASB & IFRS knowledge: The syllabus for this course requires students to have a cohesive understanding of the IASB's Conceptual Framework for Financial Reporting® and apply it as they review corporate reports.
Reporting to stakeholders: The syllabus asks students to consider how corporate reports can be helpful for stakeholders, including those who want more sustainable or narrative reporting. They must also discuss what information would enable them to assess an entity's prospects most effectively.
Latest developments in Corporate Reporting: This section of the syllabus discusses recent developments in corporate reporting and how they may be changing. These include discussions on what is wrong with current standards and an explanation of why specific changes would have different outcomes for companies depending upon their needs or goals.
What is the SBR Exam pattern?
The SBR Exams comprise two sections.
In this section, you will be required to answer two scenario-based questions that total 50 marks.
The first question will likely require consideration of some financial reporting issues and involves extracts from the group entity's accounts.
Candidates should also understand the importance of discussing these numbers while explaining their numerical aspects.
The second question will have an ethical component at play! You are given 20 marks for this question.
In this section, you will be required to answer two scenario-based questions that total 50 marks. The first question will likely require consideration of some financial reporting issues and involves extracts from the group entity's accounts. Candidates should understand the importance of discussing these numbers while explaining their numerical aspects.
What are the SBR pass rates
The pass rates for the ACCA SBR exam usually range in the high 40s. Students tend to perform better at SBR than other professional papers. The pass rates of the previous attempts are:
- Jun 2021- 44%
- Sep 2021- 48%
- Dec 2021 - 48%
- March 2022 - 46%
- June 2022 - 49%
- Sep 2022 - 51%
Strategic business reporting ACCA book and study resources
ACCA Books for SBR
There are two ACCA SBR books available: BPP and KAPLAN. Both of these books are excellent resources for ACCA exam preparation. However, each book has its unique approach to the material. Therefore, choosing the book best suits your learning style is essential.
For example, some students may prefer the more concise explanations in BPP, while others may find the additional practice questions in KAPLAN more helpful. Ultimately, the most important thing is to ensure you are comfortable with the material and feel confident going into your exams.
Eduyush can help you with the purchase of both these books. Use Discount code NEWCUSTOMER for an additional discount.
The prices below are for the bundle of Workbook/study text and revision kit.
|BPP Learning Media||KAPLAN Publishing|
|Ebooks||Between INR 2000 to INR 2100 (approx 22 GBP)||Between 2900 INR to 3100 INR (approx 33 GBP)|
Between INR 2900 to INR 3100 (approx 32 GBP)
Between INR 3900 to INR 4100 (approx 42 GBP)
Ebooks instant on payment
Paperback 4-7 days (free shipping)
Ebooks: 2-3 working days
Paperback 4-7 days (free shipping)
|Link to purchase|
ACCA online coaching for SBR
The BPP ECR online coaching is a great way to prepare for your SBR exams. It provides you with all the materials and support you need to succeed. The course fee includes:
- Recorded classes taught by BPP expert tutors
- Access to our extensive library of resources, including practice tests, CBE practice simulation and other Revision Aids
- Comprehensive course notes
- CBE Software practice with mock exams.
It is important to remember that the success of any exam preparation comes down to hard work and practice. The BPP online courses are designed to give you all the tools you need to succeed, but it is up to you to put in the effort required.
Students can avail of the BPP ECR from Eduyush at INR 5200 or approx 56 GBP.
The ACCA Strategic Business Reporting (SBR) course is designed to help members become strategic business reporters.
The SBR course covers various topics, including financial reporting, corporate governance, and risk management. If you are interested in taking the SBR course, BPP offers books and coaching that can help you prepare for the exam. Eduyush.com also offers a variety of finance online courses that can help you prepare for the ACCA exams.