The objective of this course is to develop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyze and interpret those financial statements.
Course Outcome (COs):
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
Paper Code |
Paper Title |
|||
AAF 312 |
Financial Reporting |
Upon successful completion of this course, the student will be able to: CO 91: Explain the overview of IASB Framework and Accounting Standards Reporting and basic understanding of Accounting for transactions in financial statements as per IFRS CO 92: Evaluate in detail the practical applications of International Financial Reporting Standards CO 93: Prepare various Financial Statements CO 94: Develop insight for Preparation of Consolidated Financial Statements CO 95: Construct Cash flow statements and interpret financial statements |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Reading assignments
Learning activities for the students: Self learning assignments, Effective questions, Seminar presentation
|
Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
ACCA Module F7