Corporate Reporting

The professional and ethical duty of the accountant
Professional behaviour and compliance with accounting standards
Ethical requirements of corporate reporting and the consequences of
unethical behavior
Social responsibility
Legal and financial reporting framework
The applications, strengths and weaknesses of an accounting
framework
Critical evaluation of principles and practices
The legal requirements relating to the preparation of single entity
financial reporting statements

Reporting the financial performance of entities
Performance reporting
Non-current assets
Financial instruments
Leases
Segment reporting
Employee benefits
Taxation
Provisions, contingencies and events after the reporting date
Related parties
Share-based payment
Reporting requirements of small and medium sized entities (SMEs)
including key differences between the requirements of the IFRS for
SMEs and UK GAAP

Financial statements of groups of entities
Group accounting including cash flow statements
Continuing and discontinued interests
Changes in group structures
Foreign transactions and entities
Specialized entities and specialized transactions
Financial reporting in specialized, not-for-profit and public sector
entities
Entity schemes of arrangement and reconstructions

Appraisal of financial performance and position of entities
The creation of suitable accounting policies
Analysis and interpretation of financial information and
measurement of performance

Implications of changes in accounting regulation on financial
reporting
The effect of changes in accounting standards on accounting
systems
Proposed changes to accounting standards
Current developments
Environmental and social reporting
Convergence between national and international reporting standards
Current reporting issues