Closed Book Examination

The problems of modern accounting &amp; finance.
Creative accounting.
Traditional accounting.
Modern accounting theory.
Conceptual frameworks.
Fair value &amp; mark to market accounting.
The return to prudence &amp; other ICAEW initiatives.
Advanced Accounting Standards.
Advanced cash flow statements.
Preparation of consolidated statement of financial position.
Consolidated statement of profit and loss.
Consolidated statement of cash flow.
IFRS3 Business combinations.
IFRS10 Consolidated FS.
IFRS11 Joint arrangements.

Advanced Financial Accounting - 6500AFYPC

Advanced Financial Accounting

Demonstrate knowledge and understanding of current accounting regulations relating to group financial statements.

Critically evaluate financial statements, identifying both correct and questionable applications of advanced financial reporting standards.

Critically appraise current issues and debates in financial accounting theory.

Demonstrate technical skill in the preparation of both basic and complex group financial statements and cash flows.