FR CLASS 1 - NOV 2026 DIET

The ICAN Financial Reporting syllabus for November 2026 consists of seven parts: Part A (Conceptual and Regulatory Frameworks, 10%), Part B (Accounting Standards for Specific Transactions, 15%), Part C (Single Entity Published Accounts, 20%), Part D (Group Accounts, 20%), Part E (Financial Ratio Analysis, 15%), Part F (Sustainability Reporting Framework, 10%), and Part G (Ethics and Technological Development, 10%). The syllabus was revised for November 2026 due to changes in Nigeria's taxation landscape from the new tax act. Key examination areas include group accounts, published accounts, cash flows, and ratios, which together form the 'big four' of financial reporting. The examination structure includes seven questions, with theoretical questions being as important as calculations.