Module Aims: • To introduce students to selected accounting standards and develop the application of these standards • To provide students with a detailed knowledge of the preparation of financial statements in accordance with generally accepted accounting practice and current statutory requirements • Introduce Examinership, Liquidations and Receiverships to students
A. Examinership, Liquidations and Receiverships
• An understanding of each • Compulsory and voluntary liquidation
B. Accounting Standards - Introduction to
IAS 2 - Inventories . IAS 10 Events after the Reporting period . IAS 16 Property, Plant and Equipment . IAS 17 Leases . IAS 20 Accounting for Government Grants . IAS 36 Impairment of Assets . IAS 37 Provisions, Contingent Liabilities and Contingent Assets, IAS 38 Intangible Assets, IAS 40 Investment Property, IAS 18 Revenue
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 70 |
| Other Assessment(s) | 30 |