DURHAM UNIVERSITY 
ACCT2141: Intermediate Financial Reporting 
Final Examination Guide and Notes 2025 
 
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 - ACCT2141: Intermediate Financial Reporting

£25.00

ACADEMIC YEAR 2025 - 2026

University	Durham University
Department	Accounting
Module Code	ACCT2141
Module Name	Intermediate Financial Accounting
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	38

Prepare with this ACCT2141: Intermediate Financial Accounting final-exam guide for Durham University. Updated for the latest requirements, it explains the exam structure and question styles, and turns key topics into exam-style questions with step-by-step solutions. You’ll know what to expect, which areas to focus on, and how to earn marks. Practical tips on reading questions carefully, managing time and stress, and avoiding common mistakes help you stay calm and walk into the exam with confidence.

Durham University’s ACCT2141: Intermediate Financial Reporting builds on the foundations of introductory accounting. The aim of the module is to enable students to prepare full single-entity and basic consolidated financial statements, as well as extracts from those statements, in line with a broad range of International Financial Reporting Standards (IFRS). Key areas of focus include international accounting and reporting concepts, the ethical dimensions of financial reporting, and the application of IFRS to both single entities and group scenarios. Students will develop the ability to explain the underlying accounting principles and ethical considerations, alongside the technical skills required to prepare financial statements for single companies and basic consolidated accounts.

Students taking this module should have completed either ACCT1061 Financial Accounting or ACCT1041 Introduction to Financial Accounting, and it cannot be combined 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

Durham University - ACCT2141: Intermediate Financial Reporting

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