There are no pre-requisites for this module to be added

In this module you will learn about the financial reporting environment and the regulatory and conceptual frameworks for the preparation and presentation of financial statements, including consideration of international practices. You will study the practical problems associated with the application of accounting standards, including accounting for groups of companies. You will also learn how to interpret and analyse the financial performance, cash flows and financial position of organisations from their published accounts.Module Content:Overview of the international financial reporting environmentRegulatory and conceptual frameworksAccounting for groups of companiesAccounting standards and accounting policiesAnalysis, interpretation and limitations of published financial statements and annual reports

Upon completion of this module you will be able to

LO1: Critically evaluate the regulatory and conceptual frameworks for financial reporting.

LO2: Analyse the use of alternative accounting policies in the preparation of financial statements.

LO3: Critically appraise recognition and measurement problems associated with standard accounting practice.

LO4: Critically analyse and interpret individual company and group financial statements.