SOCPA Financial Accounting
Prepare for the SOCPA Financial Accounting paper with practice questions covering the conceptual framework, IFRS as endorsed in Saudi Arabia, financial statement presentation, and the accounting for assets, liabilities, equity, revenue, and group financial statements.
Inside this course
- Practice questions
- 2,000+
- Practice simulations
- 20+
- Flashcards
- 100+
- Study resources
- 5
Other SOCPA Fellowship subjects
Related articles
Read more about the concepts covered here.
How to Register for the SOCPA Fellowship Exam, and the Five-Day Qiyas Window That Marks You Absent If You Miss It
SOCPA's acceptance does not give you a seat. After final acceptance you choose a city, venue and seat on the National Center for Assessment (Qiyas) e-services in a five-day window that opens 21 days before the cycle, and a candidate who misses it is recorded as absent. The registration steps in order, the documents, the payment rule that rejects a whole request, and what you can still change once accepted.
Discontinued Operations Under ASC 205-20 and IFRS 5: Why Selling an Asset Is Not Enough
Held for sale and discontinued operations are separate decisions. The qualification tests, a net-of-tax income statement and the comparative presentation that differs.
SOCPA Past Papers: There Are None, but SOCPA Publishes a Free Mock Set With Model Answers for Each of the Six Subjects
SOCPA does not release past Fellowship papers. It does publish, free, a mock set with model answers for each of the six subjects (in Arabic only), a blueprint in Arabic and English that lists every task and the skill level it is tested at, and a yearly report of the topics candidates did worst on. What each document is for, what the disclaimer on the mock sets means, and an order for using them.