Teaching Responsibility
LJMU Schools involved in Delivery:
LJMU Partner Taught
Learning Methods
Lecture
Module Offerings
5600AFYPC-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.
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.
Additional Information:
Practice questions are used as formative assessment in order to prepare students for the summative test. The examination is the terminal summative assessment.
Practice questions are used as formative assessment in order to prepare students for the summative test. The examination is the terminal summative assessment.
Assessments
Test
Exam