DURHAM UNIVERSITY

ACCT2101: Financial Reporting

Final Examination Guide and Notes 2026

Part 01: About This Guide

Part 02: Sample Final Examination Paper

Part 03: Suggested Solutions to Final Exam Paper

Part 04: Proven Exam Strategies and Tips

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Durham University - Financial Reporting (ACCT2101)

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ACADEMIC YEAR 2026 - 2027

University	Durham University
Department	Accounting
Module Code	ACCT2101
Level	Level 2
Module Name	Financial Reporting
Notes Title	Final Examination Guide and Notes
Page Length	37

Prepare for the ACCT2101: Financial Reporting final exam at Durham University with a clear, focused guide. It explains how the exam is assessed and structured and sets out the question formats used. Instead of long topic notes, the examinable areas are organised as exam-style questions with model answers and step-by-step workings, so you practise exactly how you’ll be tested. Updated for the latest exam, it helps you build solid understanding and fast recall - use it to strengthen your grasp and lift your exam performance.

The aim of the module is to enable students to prepare complete single entity and consolidated financial statements, as well as extracts from those financial statements, in line with a broad range of International Financial Reporting Standards (IFRS). In addition, students will be expected to explain accounting and reporting concepts, address ethical issues, and apply IFRS to both individual company and group scenarios. The content of the module covers international accounting and reporting concepts and ethics, the preparation of single company financial statements, and the production of consolidated financial statements.

Prerequisites for this module include either ACCT1061 Financial Accounting or ACCT1041 Introduction to Financial Accounting. Students should note that this module cannot be taken in combination with ACCT2031 Corporate Financial Reporting.

MODULE CODE	MODULE NAME
ACCT1061	Financial Accounting
ACCT1101	Fundamentals of Management Accounting
ACCT2071	Financial Management
ACCT2081	Management Accounting
ACCT2101	Financial Reporting
ACCT2141	Intermediate Financial Reporting
ACCT3091	Corporate Reporting
BUSI1131	Marketing Principles
BUSI1141	People, Management and Organisations
ECON1011	Principles of Economics
ECON1021	Economic Methods
ECON2011	Macroeconomics
ECON2021	Microeconomics
ECON2061	Econometrics
FINN1011	Foundations of Finance
FINN1037	Quantitative Methods 2
FINN1061	Introduction to Financial Economics
FINN2021	Financial Markets and Institutions
FINN2041	Corporate Finance
FINN2117	Derivative Markets
FINN3101	Financial Derivatives and Financial Engineering
MATH1617	Statistics I

UKNOTES

Durham University - Financial Reporting (ACCT2101)

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