This module consolidates and advances the understanding acquired in the previous years. It addresses the more complex International Financial Reporting Standards, advanced aspects of accounting for business combinations and current developments in financial reporting.
Financial Reporting Environment
- Regulatory Framework of Accounting
- IFRS & National GAAP
- Annual Reports
- Corporate Social Responsibility Reporting
- Current Issues in Financial Reporting
Accounting Standards
- Presentation of Financial Statements
- Inventory
- Accounting Policies, Changes in Accounting Estimates and Errors
- Events after the Reporting Period
- Taxation in financial accounts
- Property, Plant and Equipment
- Government Grants
- Borrowing Costs
- Related Party Disclosures
- Financial Instruments
- Impairment of Assets
- Provisions, Contingent Liabilities and Contingent Assets
- Intangible Assets
- Investment Property
- Operating Segments
- Revenue
- Leases
Consolidated Financial Statements
- Fair Value and Acquisition Adjustments
- Associates and Joint Ventures
Analysis and Interpretation of Financial Information
Financial Reporting Environment
Regulatory Framework of AccountingIFRS & National GAAPAnnual ReportsCorporate Social Responsibility ReportingCurrent Issues in Financial Reporting
Financial Reporting Standards
Presentation of Financial StatementsInventoryAccounting Policies, Changes in Accounting Estimates and ErrorsEvents after the Reporting PeriodTaxation in financial accountsProperty, Plant and EquipmentGovernment GrantsBorrowing CostsRelated Party DisclosuresFinancial InstrumentsImpairment of AssetsProvisions, Contingent Liabilities and Contingent AssetsIntangible Assets Investment PropertyOperating SegmentsRevenueLeases
Consolidated Financial Statements
Fair Value and Acquisition AdjustmentsAssociates and Joint Ventures
Teaching on this module will involve a blend of conventional “on-campus” lectures and online remote (synchronous and asynchronous) lectures.
Formal lectures to gain an informed understanding of the underlying theory and regulatory requirements
Case study and worked examples to ensure a high level of professional skill in the practical application of the theory
Class and group discussions to develop skills in critical evaluation
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 80 |
| Other Assessment(s) | 20 |