Teaching Responsibility
LJMU Schools involved in Delivery:
Liverpool Business School
Learning Methods
Lecture
Workshop
Module Offerings
5100LBSAF-JAN-MTP
Aims
To enable students to formulate and evaluate financial statements within the context of the existing regulatory framework and to demonstrate awareness of alternative methods of preparing financial statements.
Learning Outcomes
1.
Prepare complex financial statements for public limited companies in accordance with accounting rules and regulations.
2.
Identify solutions to accounting problems drawing on knowledge of accounting standards.
3.
Analyse, interpret and evaluate financial statements using a variety of accounting techniques.
Module Content
Outline Syllabus:Cash flow statements.
Financial statements.
Accounting standards including:
IAS 1 Presentation of Financial Statements
IAS 8 Accounting policies, changes in estimates and errors.
IAS 10 Events after the reporting period.
IAS 12 Income taxes.
IAS 16 PPE (property, plant & equipment).
IAS 17 Leases.
IAS 18 Revenue.
IAS 37 Provisions, contingent liabilities and assets.
IAS 38 Intangible assets.
Module Overview:
The aim of this module is to provide students with the knowledge and understanding to formulate and evaluate financial statements within the context of the existing regulatory framework and to demonstrate awareness of alternative methods of preparing financial statements.
The aim of this module is to provide students with the knowledge and understanding to formulate and evaluate financial statements within the context of the existing regulatory framework and to demonstrate awareness of alternative methods of preparing financial statements.
Additional Information:The in-class test provides an opportunity for formative feedback, the examination is
the terminal summative assessment.
Assessments
Centralised Exam
Test