Strategic Business Reporting

Professional behavior and compliance with accounting standards. Ethical requirement of ethical reporting and consequences of unethical behavior.
Social Responsibility
Legal and Financial reporting framework.
The application strength and weakness of an accounting framework
Critical evaluation of principles and practice
The legal requirements relating to the preparation of single entry financial reporting statements.
International Financial Reporting Standards – Part I
Reporting of financial performances of entities.

Performance Reporting
Non – current Assets: Tangible and intangible
Provisions and contingencies and events after the reporting date transaction

International Financial Reporting Standards – Part II
Reporting of financial performances of entities.

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

Appraisal of financial performance and position of entities
The creation of suitable accounting policies
Analysis and interpretation of financial information and
measurement of performance. Specialized entities and specialized transactions. Financial reporting in specialized, not for profit and public-sector entities Entity scheme for arrangement and reconstruction.

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