F3的考试形式是35道选择题和2道综合题，分值分配是35* 2marks + 2* 15 marks。
选择题主要考察文字和计算，综合题会给format，重在working的计算。
以下是F3的相关知识点：
选择题(分值主要分布在第4-5)：
1. The context and purpose of financial reporting
-Scope and Purpose.
-Elements: Asset, Liability, Equity, Income, Expense
-Regulatory of framework: IFRSF, IFRS AC, IASB, IFRS IC
-Governance
2. The qualitative characteristics of financial information
-Fundamental characteristics: relevance, faithful representation.
-Comparability, verifiability, timeliness, understandability
3. The use of double entry and accounting system
-General rules: Dr: ↑ Asset, ↓ Liability, Expense/ (Income), ↓ Equity
Cr: ↓ Asset, ↑ Liability, Income/ (Expense), ↑ Equity
-T-accounts (b/d and c/ d)
-books of prime entry
4. Recording transaction and events
-Sales and purchases: 需要掌握credit sales and cash sales 的double entry，以及根据receivables 推算sales
-Cash: pretty cash
-Inventory： Cost of sales(opening + purchase - closing)
IAS2: the lower of cost and net realisable value (prudence)
FIFO\ LIFO(禁止使用) \ Average cost
-Tangible NCA - IAS16 PPE: Initial cost (before location and condition)
Cost model (cost – depreciation)
Revaluation model (same class, frequency, record)
Disposal
-Intangible NCA: Research- expense
Development – capitalise if all of PIRATE are satisfied
Amortisation
-Accruals and prepayments (calculation\double entry)
-Provisions and contingencies (recognition and accounting treatment)
-Receivables (bad debts & allowance) and payables
5. Trial balance
-Correction of errors and suspense account
-Control accounts and reconciliations (outstanding payments / lodgements)
-Incomplete records： Margin & mark-up
Asset= Equity+ Liability，Net Asset=Equity = Asset- Liability
Opening capital+ Capital introduced+ Profit-Drawings= Closing capital
-Event after reporting period
-Ratio analysis (purpose/calculation/analysis)
综合题：
1. Consolidated financial statements （重点计算working, eg, Goodwill, NCI, Reserve ）
2. Statements of financial position & profit or loss and other comprehensive income
Or
Cash flows - Operating: depreciation, finance cost, profit or loss on disposal
working capital: inventory, receivables, payables (资产增加，现金减少；负债增加，现金增加)
interest paid and tax paid
-Investing
-Financing: shares, loans, dividend
-Cash and cash equivalents(年初&年底的值一定要写上!!)
