COURSE DESCRIPTION

Financial Reporting 4 builds on your knowledge acquired in previous accounting courses and covers more advanced accounting topics. In this course you will become well acquainted with IFRS. By the end of the course you will be able to understand and apply those principles introduced during the course.

AIM AND OBJECTIVES OF THIS COURSE

The aim of the course is to provide candidates with the knowledge and skills in Financial Reporting which, together with the experience obtained under a traineeship contract, will equip candidates to practice, at the entry level, as a professional accountant.

The main aims of the course are as follows:

·         To ensure that candidates understand and can apply and explain the relevance of the objective and underlying concepts of financial reporting.

·         To establish a framework of objectives for financial reporting and to understand the relationship between International Financial Reporting Standards (IFRS), legal requirements for Financial Reporting and the process of standard setting.

·         To enable the candidates to prepare and analyse external financial reports for different types of business entities.