N/A

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 environment
Regulatory and conceptual frameworks
Accounting for groups of companies
Accounting standards and accounting policies
Analysis, 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