Financial Reporting March 2025 Masterclass

By Prof Categories: ICAG, Level 2
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About Course

The aim of the module is to provide candidates with the skills to prepare single entity and group financial statements in accordance with IFRS, to support evaluation of financial statements, and to provide a basis of knowledge.

The syllabus for 2.1 Financial Reporting assumes knowledge acquired at 1.1 Financial Accounting

What Will You Learn?

  • (A) Demonstrate an understanding of the international regulatory, legal and ethical frameworks, the International Accounting Standards Board (IASB) Conceptual Framework for Financial Reporting, and their practical implications for financial reporting
  • (B) Explain and apply appropriate financial reporting standards in the preparation of financial statements
  • (C) Prepare and present single entity financial statements in accordance with IFRS
  • (D) Determine the approach to accounting for business combinations and prepare consolidated financial statements
  • (E) Analyze and interpret financial statements for relevant stakeholders and other users

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