Module code: BUS360
Credits: 15.0
Semester: SEM2
Contact: Mr Mohammed Kasbar
This module assumes a strong background in financial accounting fundamentals gained from previous financial accounting modules. The module will develop students' ability to exercise judgement in a corporate reporting environment. As corporations operate in exceedingly complex markets, financial reporting requires the ability to interpret complex transactions by applying relevant accounting principles and regulations. The module adopts an international perspective to corporate reporting and current issues will be referred to. The module will require students to understand relevant accounting regulations, utilise judgemental skills in the application of these regulations to specific situations and be able to clearly communicate conclusions of their analyses. One of the main focuses in the design of this module has been the further development of relevant employability and professional skills. Such skills are included in the learning outcomes. The module will cover the following topics: Introduction to Published Accounts, Measurement in Financial Accounting, Accounting Policies, Change in Accounting Estimates and Errors, Events after the Reporting Period, Provisions, Contingent Liabilities and Contingent Assets, Financial Instruments (Financial Assets and Liabilities), Leases, Current and Deferred Tax and Accounting for Groups.
Connected course(s): UDF DATA
Assessment: 100.0% Examination
Level: 6
