Financial Reporting Made Simple

Financial Reporting: Group Account and International Financial Reporting Standards

Created by: ICAN Online Tutors
Professional Accounting and Finances Video Lectures.

What Will I Learn?

• Explain the importance of regulatory frameworks for accounting and reporting;
• Identify and state the circumstances in which private sector entities are required to prepare and present statutory financial statements;
• Identify and state the laws, regulations, accounting standards and other requirements that govern the preparation of financial statements;
• Account for specific transactions in accordance with relevant international accounting standards;
• Draft and present financial statements, or extract from them, of an entity and simple groups in accordance with its chosen policies and in accordance with IFRS
• Assess the circumstances in which the use of IFRS may not be required for companies;

Requirements

• No Prerequisite

Target audience

• This course is for professional accountancy students of Institute of Chartered Accountants of different countries.
• Students writing the ACCA exams at Applied Skills level.
• Undergraduate and Post-graduate students of Higher Institutions
• Accounting and Finance professionals
• Any other person that wants to understand the rudiments of Financial Reporting