Understand International Financial Statements


Range:	Understand
Subject:	International Accounting Standards
Introduction:	The package teaches the nature, purpose and scope of an external audit. It refers to the concept and importance of internal controls and specifically mentions internal audit. Throughout the materials, references are made to international auditing standards.
Contents:	Introduction to financial accounting Double entry bookkeeping The books of prime entry and flow of information Accruals, prepayments, fixed assets, bad debts and stock adjustments Control accounts and bank reconciliations Stock valuation Partnerships Limited company financial statements Incomplete records VAT Suspense accounts Cash flow statements and income and expenditure accounts Interpreting company accounts The regulatory framework Acquisition accounting
Time:	25 hours
Demo:	To see a demonstration, click here.