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

Conceptual frameworks, accounting standard setting and other forms of regulationRecognition criteria and principles of measurement for more complex accounting transactions e.g. non- current assets, financial instruments and provisionsAlternative valuation modelsBusiness combinations including acquisition accounting for subsidiaries and associates The forms and key requirements of corporate insolvency.

Upon completion of this module you will be able to

LO1: Relate and analyse the current conceptual frameworks for financial reporting.

LO2: Assess the current use of alternative valuation models and the practical problems with their application.

LO3: Appraise, for a number of significant items in the financial statements, the problems associated with standard accounting practice focussing on recognition and measurement.

LO4: Preparation and presentation of group financial statements.