Advance Certificate in Financial
Reporting
Center: Online / Offline
Course Description
The course is designed to develop your knowledge and
understanding of International Financial Reporting Standards. Students will
also learn how to apply them, as well as the concepts and principles which
underpin them.
Who Is This
Course Aimed at?
·
Financial
Officer
·
Accountant,
Finance Managers
·
Students
studying Finance
Course Outcomes
·
Understand,
explain and apply the IASB's Conceptual Framework for Financial Reporting
·
Apply
relevant financial reporting standards to key elements of financial reports
·
Prepare group
financial statements including subsidiaries, associates and joint arrangements.
·
Identify and
apply disclosure requirements for companies in financial reports and notes.
·
Learn about accounting
treatments for specialized transactions.
Course Duration
The minimum duration of the programme is 3
months and the maximum is 6 months.
Course Structure
|
Sr. No |
Title |
Maximum Marks |
Minimum Marks |
Exam Hour |
|
1 |
Preparation and presentation of financial statements |
50 |
20 |
2 |
|
2 |
Preparation of cash flow statement and consolidated financial
statements |
75 |
30 |
3 |
|
3 |
Analysis and interpretation of financial statements and related
information |
50 |
20 |
2 |
|
4 |
Accounting treatments for specialized transactions |
50 |
20 |
2 |
|
5 |
Project Based on Study |
75 |
30 |
3 |
|
|
Course Total Marks |
300 |
120 |
|
1.
Preparation and presentation of financial statements
Rationale for financial reporting and its regulation, Conceptual
framework, Preparation of financial statements (Comprehensive income, changes
in equity and financial position).
2.
Preparation of cash flow statement and consolidated
financial statements
Preparation of financial statements (Cash flow
statement), Introduction to Group Accounts, The Mechanics of Consolidation, Foreign
currency translation and consolidation of foreign subsidiaries.
3.
Analysis and interpretation of financial statements
and related information
Analysis and interpretation of financial statements,
notes to the financial statements and other information in financial report.
4.
Accounting treatments for specialized transactions
Accounting for changing prices: Fair value and other
accounting systems of price adjustments, Employee benefits, Income and deferred
taxation, Property, Plant and Equipment (includes investment properties), Leasing
and Intangible assets.
5.
Project Based on Study
Case Studies/ Project Submissions.
Course Study Material
Study materials will be
provided by the Institute through email.
