UNIVERSITY OF LONDON 
AC2091: Financial Reporting 
Final Examination Guide and Notes 2026 
 
- Part 01: About This Guide 
- Part 02: Sample Final Examination Paper 
- Part 03: Detailed Solutions and Explanations 
- Part 04: Proven Exam Strategies and Tips 
 
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University of London - AC2091: Financial Reporting

£25.00

ACADEMIC YEAR 2025 - 2026

University	University of London
Module Code	AC2091
Module Level	5
Credit Value	30
Module Name	Financial Reporting
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	37

Prepare with confidence for the AC2091: Financial Reporting final examination at the University of London. This guide explains how the paper is structured and marked, so you know what examiners look for and where marks are gained or lost. You will practise the core question formats with realistic sample papers, complete with fully worked solutions and clear, step-by-step explanations. It also flags common errors and shows you how to avoid them, with targeted hints and revision tips to help you study efficiently and perform under timed conditions.

AC2091: Financial Reporting explores the theory and practice of financial accounting, focusing on how financial information is measured and disclosed in financial statements. Key topics include financial reporting regulation, conceptual frameworks, ethics, and the preparation of financial statements. It covers various accounting methods such as historical cost, fair value, and accounting for changing prices. Other areas include provisions, liabilities, employee benefits, income taxes, foreign currency transactions, revenue recognition, tangible and intangible assets, financial instruments, leases, and business combinations. Additionally, the course examines group accounting, alternative approaches to consolidation, and the analysis and interpretation of financial reports.

By the end of the course, students will be able to apply financial accounting theories, record and analyse data, and prepare financial statements in compliance with relevant standards. They will also gain an understanding of regulatory issues and develop critical evaluation skills in financial accounting practices. Prerequisite: Students must first attempt AC1025: Principles of Accounting if taking this course as part of a BSc degree.

MODULE CODE	MODULE NAME
AC1025	Principles of Accounting
AC2091	Financial Reporting
AC2097	Management Accounting
AC3059	Financial Management
EC1002	Introduction to Economics
EC2020	Elements of Econometrics
EC2065	Macroeconomics
EC2066	Microeconomics
FN1024	Principles of Banking and Finance
FN2029	Financial Intermediation
FN2190	Asset Pricing and Financial Markets
FN2191	Principles of Corporate Finance
FN2203	Principles of Asset Pricing
FN2208	Financial Data Analysis
FN3023	Investment Management
FN3092	Corporate Finance
FN3142	Quantitative Finance
FN3204	Investments and Portfolio Management
FN3206	Derivatives and Risk Management
MN1178	Business and Management in a Global Context
MN2028	Managerial Economics
MN3141	Marketing Management
ST104A	Statistics 1
ST104B	Statistics 2
ST2187	Business Analytics, Applied Modelling & Prediction

University of London - AC2091: Financial Reporting

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