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@accaglobal_bot For Uzbek students https://t.me/accauzbekistana f5 https://t.me/f5performancemanagament f7 https://t.me/FRfinancialreporting f8 https://t.me/f8auditandassurance f9 https://t.me/F9FinancialManagment
Goodbye IAS 1, Hello IFRS 18: A New Chapter in Financial Reporting After 24 years, IAS 1 is being replaced by
IFRS 18, bringing one of the biggest changes in how companies present their financial results.
IFRS 18 requires companies to rethink the layout of their income statement and clearly define their Management Performance Measures (MPMs), which reflect how management views the company's performance.
To adopt the new standard successfully, companies will need to update their financial reporting processes, upgrade systems, and focus on meeting the needs of financial statement users-especially investors.
IFRS 18 takes effect for annual periods starting on or after January 1, 2027.
Companies must apply it retrospectively and can choose to adopt it early-this must be disclosed in the notes.
In the first year of adoption, companies using IAS 34 for interim reports must present new required headings and subtotals, and provide reconciliations for each income statement line item for both the current and previous periods.
Compared to IAS 1, IFRS 18 aims to make financial statements clearer and more helpful, giving investors and others better insights for decision-making.
FINANCIAL RATIOS THAT MATTER
A quick guide to the most important metrics for assessing business health and performance
My new channels for other finance certificates
CPA official site
CIMA official site
CFA LEVEL 1 official site
CFA LEVEL 2.
CFA LEVEL 3
📢 BIG NEWS from ACCA!
⚠️ Major Qualification Changes Coming in Mid-2027
Dear students, ACCA has officially announced a complete redesign of its qualification structure! 🎓
These updates are aimed at building future-ready accountants with strong skills in:
✅ Digital & AI
✅ Sustainability & Ethics
✅ Strategic Business Thinking
🚀 What’s new in the redesigned ACCA Qualification?
🔹 AI-powered learning pathways
🔹 New Employability & Digital Skills modules
🔹 Optional Data Science exam at Strategic Level
🔹 Updated awards & recognition at every stage
🧑🎓 What should current students do?
✔️ Continue with your studies as planned — no immediate changes until 2027
✔️ Your progress and completed exams will be fully recognised
✔️ Try to finish your journey before the changeover (if possible)
✔️ Stay tuned — ACCA will provide transition guidance for everyone
🔗 Follow my channel for updates, tips, and how to make the most of this transition!
ACCA Transition Tool
Where are you on your ACCA journey?
So what is changing?
From September 2027 onwards the new qualification will look like this:
Knowledge level
K1 - Financial Accounting
K2 - Management Accounting
K3 - Business Law
Responsible Business Management Module
New exams of knowledge level can be taken on-demand from July 2027
Expertise level
E1 - Taxation
E2 - Financial reporting
E3 - Audit, Risk and Control
E4 - Finance and Investment
E5 - Performance with Data Analysis
Digital Tech and Innovation Module
New exams of expertise level can be taken from September 2027
Professional level
S1 - Business and Sustainability Reporting
S2 - Strategic Business Leader
S3 - You can choose one out of 5 following options:
i. Audit and Assurance Professional
ii. Corporate Finance Professional
iii. Data Science Professional
iv. Performance and Insights Professional
v. Taxation Advisor Professional
Ethical, Sustainable Leadership Module
New exams of professional level can be taken from September 2027
Overall, what is changing is obvious
Now you need to take 11 exams (3 knowledge, 5 expertise and 3 professional). Plus you will have 3 mandatory modules throughout your journey. Previously we just had one only (EPSM).
You have Data Science as professional exam. Also previously known F5, and APM is being redesigned merging with data analysis and extracting insights out of data.
A very nice and on-time move by ACCA!
#new #acca #changes #july2027 #september2027
For uzbek students
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🔥Dastlabki 50 kishi 50% lik chegirmada video kurslarimizni xarid qilishi mumkin!
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Understanding the difference is crucial for analyzing a company's financial health.
While both concepts are related to a company's ability to meet its obligations, the terms mean different things:
Liquidity
Liquidity refers to a company's ability to cover its short-term obligations using its most liquid assets.
This is important because a company with poor liquidity may struggle to meet immediate expenses, even if it is otherwise profitable.
Here are some key indicators of liquidity:
Current Ratio
Measures a company's ability to pay its short-term liabilities with its short-term assets.
Formula: Current Assets / Current Liabilities
Interpretation: A ratio >1 indicates that a company can cover its short-term debts.
Quick Ratio
Similar to the current ratio, but excludes inventory since it may not be easily convertible into cash.
Formula: (Current Assets - Inventory) / Current Liabilities
Interpretation: A ratio >1 indicates that a company can cover its short-term debts.
Companies with strong liquidity can handle short-term disruptions, but liquidity alone doesn't tell the full story.
Solvency
Measures of a company's ability to meet long-term obligations.
A company can be liquid but still insolvent if it lacks the capacity to pay its long-term debts.
Solvency focuses on the overall financial stability and longevity of a business.
Key solvency metrics include:
Debt-to-Equity Ratio
Compares total debt to shareholders' equity. It helps assess how leveraged a company is.
Formula: Total Liabilities / Shareholders' Equity
Interpretation: A ratio >1 indicates the company
can is financed with more debt than equity. A ratio <1 indicates the company can is financed with more equity than debt.
Interest Coverage Ratio
Shows how easily a company can pay interest on its outstanding debt.
Interest Coverage Ratio = EBIT / Interest Expense
Total Debt Ratio
Measures the proportion of a company's assets that are financed by debt.
Total Debt Ratio = Total Liabilities / Total Assets
A company with strong solvency has a solid foundation for long-term growth, even if its liquidity is temporarily weak.
IAS 1 - The Foundation of Financial Reporting
Every financial report starts with IAS 1.
It's the backbone that tells us how to present financial statements clearly and consistently.
Here are the core takeaways you need to know:
1. Complete set of financial statements includes:
Statement of financial position (Balance Sheet)
Statement of profit or loss and other comprehensive income
Statement of changes in equity
Statement of cash flows
Notes (including accounting policies)
2. Current vs. Non-current:
Assets & liabilities are split based on liquidity (12-month rule).
Assets & liabilities are split based on liquidity (12-month rule).
Example: Trade receivables < 12 months = current.
3. Consistency & comparability:
Same format and classification every year unless there's a valid reason to change.
Prior period figures must be presented for comparison.
4. Materiality matters:
Don't clutter reports with irrelevant info.
Focus on what users of financials actually need.
Why it matters?
Without IAS 1, every company would present reports differently. This standard keeps things clear, consistent, and comparable
Accounting vs. FP&A - What's the Difference?
Many professionals confuse Accounting and FP&A (Financial Planning & Analysis), but they serve very different purposes in business. This visual breakdown makes it simple:
Accounting is about the past-recording, classifying, and ensuring compliance with financial transactions. Accountants focus on accuracy and financial statements like the Balance Sheet, P&L, and Cash Flow Statements.
FP&A, on the other hand, is all about the future-forecasting, budgeting, and helping businesses make data-driven financial decisions. FP&A professionals use tools like Excel, Power BI, and Anaplan to create reports that guide strategic moves.
Both roles are essential for a company's financial health! Accounting builds the foundation, while FP&A drives growth and strategy.
All ACCA channels
ACCA Uzbekistan
f1 Business and Technology
F2 Management Accounting
F3 Financial Accounting
F4 Corparate and Business Law
F5 Performance Managment
F6 Taxation Global
F7 Financial Reporting
F8 Audit and Assurance
F9 Financial Managment
P1 Stratagic bussines lider
P2 Strategic Business Reporting
P3 Business Analysis
P4 Advanced Financial Managmemt
P5 Advanced Performance Managment
P6 Advanced Taxation
P7 Advanced Audit and Assurance
Diploma in International Financial Reporting (DipIFR).
ACCA humours
Riba was not simply haram.
It was part of a system of injustice.
Islam removed it completely.
And built something better in its place.
Why Riba Was Banned :
1- It rewards money without effort
2- It transfers risk to the poor
3- It traps people in cycles of debt
4- Destroys fairness in trade
#Islamic_finance
Big News for ACCA Students and Professionals!
From 2025, ACCA is introducing a completely restructured qualification framework, and it's designed to better align with the demands of today's finance world. Whether you're currently studying, just starting out, or mentoring future finance leaders here's a quick breakdown of what's coming:
◆ The qualification will now follow 4 key stages:
1) Foundations - Covers the basics and leads to a diploma
2) Knowledge - Core finance, business law, and soft skills training
3) Expertise - Focused technical learning (tax, audit,
reporting, etc.)
4) Strategic Professional Leadership-focused, with options like Audit, Corporate Finance, and even Data Science
What's Changing?
New employability modules at every stage (think: leadership, entrepreneurship, innovation)
Introduction of a Data Science Professional paper
More emphasis on sustainability and digital finance
Formal qualifications (Diplomas, BSc, MSc) awarded at multiple points
On-demand exams for early stages from July 2027
17 Rollout Timeline:
June 2025 Transition support goes live
March 2026 - New strategic paper syllabus & samples
July 2027 - First exams under the updated format
September 2027 - New Expertise & Strategic exams begin
October 2027 - First result release under the new structure
Linkedin
Free courses on AI and data science, skills courses provided by Acca
Читать полностью…
The future ACCA Qualification explained
Person wearing high-vis jacket examining pineapple crops whilst holding a tablet
Our redesigned qualification brings together all the cutting-edge technical, business and professional skills needed by accountants in a changed world. Employability and career impact are core. It’s an unbeatable launchpad for a successful, purposeful, flexible career. And employers will get the vital future skills and talent they need.
That’s accountancy redefined.
What's changing and when?
The ACCA Qualification is changing. Join us to find out more!
https://youtu.be/qUc1u0EsHvw?si=77wG1Vrk4p4eLxNZ
FINANCE ORGANIZATION CHART
How to Organize the Finance Function According to Nicolas Boucher.
The CFO leads the finance function.
Two distinct departments report to the CFO.
The Controller
The Head of FP&A
(...we shouldn't forget Treasury either)
The Controller is responsible for producing the numbers.
S/he does that by coordinating all accounting operational teams.
The Head of FP&A is responsible for using the numbers.
S/he does that through managing analytical, planning, and forecasting activities.
Under the Controller, we find Accounting and Tax.
Accounting is responsible for closing and consolidating numbers, as well as staying on top of accounts receivable (AR) and accounts payable (AP).
Tax is responsible for everything related to taxes, including operational, tactical, and strategic aspects.
Under the Head of FP&A, we find Business Partnering and Business Intelligence.
In some companies, business partnering is a standard activity for everyone in the finance function, whereas in others, specific teams are dedicated to it.
Business Partnering is responsible for decision support and helping business leaders meet or beat their targets.
Business Intelligence ensures that all financial and non-financial data is ready for use.
The department may also do part of the analysis to free up time for the business partnering teams.