UNIVERSITY OF BIRMINGHAM 
Advanced Financial Accounting Practice and Theory 
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: Final Examination - Hints and Tips 
 
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University of Birmingham - Advanced Financial Accounting Practice & Theory

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ACADEMIC YEAR 2024 - 2025

University	University of Birmingham
Module Code	07 33831
Module Title	Advanced Financial Accounting Practice and Theory
Credits	20
Notes Title	Final Examination Guide and Notes
Page Length	36

This guide helps you understand how the final exam for the Advanced Financial Accounting Practice and Theory module at the University of Birmingham in 2025 - will be assessed and structured. It provides insights into the likely style and range of questions that may appear. Updated to align with the latest examinable topics, this self-study set includes sample exam questions accompanied by a detailed answer guide to familiarise you with the question formats and highlight priority topics for review. Additionally, it offers essential information on the exam format, content coverage, and key concepts to focus on during your preparation.

The Advanced Financial Accounting: Practice and Theory module builds upon intermediate financial reporting and accounting concepts, delving into advanced topics such as accounting for liabilities, equity, and complex group structures. It also integrates financial reporting theories and addresses emerging contemporary issues in the field. Students will develop the ability to apply accounting standards to solve advanced problems, demonstrate technical expertise in analysing and resolving complex issues, critically evaluate the methods and standards used in practice, appraise theoretical approaches to financial reporting, and discuss the challenges of regulating accounting practices alongside current developments in the discipline.

MODULE CODE	MODULE NAME
07 31703	Economics for Business A
07 31704	Introduction to Marketing and Communications
07 32179	Financial Accounting and Accountability
07 32180	Numeracy, Statistical Analysis and Financial Literacy A
07 32195	Economics for Business B
07 33105	Advanced Econometrics: Theory and Applications
07 33106	Advanced Financial Markets and Institutions
07 33172	Corporate Finance
07 33175	Financial Reporting
07 33177	Management Accounting
07 33178	Security Analysis and Valuation
07 33188	Financial Markets and Institutions
07 33191	Mathematical Methods for Statistics and Econometrics
07 33831	Advanced Financial Accounting Practice and Theory
08 28536	Microeconomics
08 29189	Macroeconomics
08 29194	Principles of Economics
08 32427	Numeracy, Statistical Analysis and Financial Literacy B
08 35218	Econometrics

University of Birmingham - Advanced Financial Accounting Practice & Theory

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