Teaching Responsibility

LJMU Schools involved in Delivery:

Liverpool Business School

Learning Methods

Lecture

Online

Seminar

Workshop

Module Offerings

6100LBSAF-JAN-MTP

Aims

This module covers both advanced accounting techniques and the critical evaluation of accounting theory. These two elements combine to give students a critical perspective on advanced techniques and the ability to suggest alternative approaches.

Learning Outcomes

1.
Apply technical skills in the preparing basic and more complex financial statements and cash flows.
2.
Apply appropriate and current accounting regulations relating to group financial statements.
3.
Critically evaluate financial statements, identifying both correct and more questionable applications of advanced financial reporting standards.
4.
Critically appraise current issues and debates in financial accounting theory.

Module Content

Outline Syllabus:Creative accounting. Traditional accounting. Conceptual Framework for Accounting. Fair value accounting 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.
Module Overview:
This module covers both advanced accounting techniques and the critical evaluation of accounting theory. These two elements combine to give students a critical perspective on advanced techniques and the ability to suggest alternative approaches.
Additional Information:The module allows students to both demonstrate and critically evaluate advanced accounting techniques.

Assessments

Centralised Exam