Corporate Accounting

Description

Accurate and thorough financial reporting skills are imperative for any accountant. This unit builds on studies of financial reporting in earlier units by extending the content to include more complex financial and corporate accounting issues. This unit will equip students with necessary knowledge and skills to be employed in accounting roles which require financial reporting skills. Students will further develop financial reporting skills and prepare financial statements for companies, and groups of companies, that comply with all legal and accounting requirements. Students apply accounting and reporting techniques to non-routine circumstances and new events considering, ethical, practical and global contexts. Students will also learn to use advancing digital and research technologies to determine and highlight where weaknesses exist in financial reporting. The roles of individuals involved in the financial reporting are examined from the perspective of ensuring the common good. This unit aims to provide students with an understanding of, and practice in, applying accounting methods that are used to prepare and organise a company’s (or group of companies) financial statements that comply with all legal and accounting requirements.