Understand Financial Reporting

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Range:

Understand

Subject:

Financial Accounting

Introduction:

This new addition to our comprehensive library supersedes Interactive Accounting Tutor. With over 50 interactive e-learning hours of tuition this highly interactive and flexible training package is suitable for students undertaking a degree course in accountancy and people studying towards a professional accountancy qualification.

The materials explain the elements of the regulatory framework within which company accounts are produced. The package assists students in the understanding of a set of published accounts including disclosure requirements and the additional requirements for listed companies.

The package explains the purpose of consolidated financial statements and describes the requirements to prepare group accounts. The consolidation process is demonstrated and includes adjustments and examples of complex groups.

The accounting standards modules provide information on important FRS's and SSAP's. There are also modules covering FRS1 and FRS3, where students are taken through disclosure, calculations and the legislative requirements.

The module on interpretation explains how to calculate ratios so students can comment on company performance, profitability and investment potential.

Contents:

  • Framework for Financial Statements

  • Acquisition Accounting - 1

  • Acquisition Accounting - 2

  • Fair Values in Acquisition Accounting

  • Associates and Joint Ventures (FRS 9)

  • Complex Groups

  • Reporting Financial Performance (FRS 3)

  • Cash Flow Statements (FRS 1)

  • Taxation

  • Other Accounting Standards - 1

  • Other Accounting Standards - 2

  • Interpreting Company Accounts

  • Assessment module

Time:

 

Demo:

To see a demonstration, click here.

 

 

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