Credential type: professional designation earned by examination · verified on the issuer's site September 20, 2026 issuer page
Scheduled retirement
ACCA retires SBR/P2 on 2027-06-30. S1 is the named replacement path.
Prepare for S1: Business and Sustainability Reporting (S1)The Strategic Business Reporting exam, certified by the ACCA, evaluates proficiency in financial reporting frameworks, performance analysis, and accounting standards. This linear exam consists of Objective Test Questions and Constructed Response tasks. It is a professional-level assessment that requires candidates to demonstrate technical knowledge of reporting requirements and ethical principles. The exam is scheduled for retirement on 2027-06-30, with S1 serving as the official successor for all candidates.
This exam is intended for accounting professionals seeking to demonstrate advanced reporting capabilities. Candidates should possess a strong grasp of financial standards and the ability to apply these principles to complex business scenarios and group financial statements within the professional accounting environment.
Review the technical articles and topic explainers provided by the ACCA. Practice answering Constructed Response questions to build technical proficiency. Utilize the exam technique videos to understand how to approach question 1. Ensure you are familiar with the latest IFRS Accounting Standards, including recent updates. As the exam retires on 2027-06-30, focus your study efforts on the curriculum requirements for the S1 successor path to ensure you are fully prepared for your future professional accounting assessments.
This domain covers the core principles of the Conceptual Framework for Financial Reporting, including the primary objective of financial reporting, the qualitative characteristics of information, and the elements of financial statements for reporting entities.
This domain focuses on the application of IFRS Accounting Standards, including the recognition, measurement, and disclosure requirements for various financial instruments and complex business transactions that occur within the modern global professional accounting environment.
This domain addresses the reporting of financial performance for different entities, including group accounting, impairment reviews, and the interpretation of financial statements for stakeholders to ensure transparency and accuracy in all professional reporting activities.
The exam is a 195-minute linear assessment. Manage your time effectively across the Objective Test Questions and Constructed Response sections. Ensure you read each requirement carefully and apply the relevant accounting standards to the provided scenarios to maximize your potential score.
The exam utilizes a linear format consisting of Objective Test Questions and Constructed Response questions. Specific counts for each type are not provided in the official documentation, but candidates should prepare for an assessment of their technical accounting knowledge across the entire curriculum.
The passing score for the Strategic Business Reporting exam is 50. Candidates must achieve this mark or higher to successfully demonstrate their proficiency in financial reporting and professional accounting standards as required by the ACCA certification board for all professional candidates.
The total duration of the exam is 195 minutes. Candidates are encouraged to manage this time effectively across all sections, including the Objective Test Questions and the Constructed Response tasks, to ensure they complete all requirements before the timer expires during the assessment.
The price for the exam is 222 dollars. This fee covers the assessment of your reporting capabilities and provides access to the necessary certification materials required to complete your professional accounting qualification through the ACCA examination system for all registered students.
Verified 2026-08-30
This editorial was compiled by reviewing official ACCA technical articles, exam guides, and retirement notices to provide accurate information regarding the SBR exam and its successor, S1, for all candidates seeking certification.