Financial Accounting and Reporting

Description

The Accounting Professional Bodies classify financial accounting and reporting skills as a core competency area for accountants. This unit has been designed to extend your technical knowledge of financial accounting and reporting issues within a contemporary global reporting environment. The unit has also been designed to provide you with the opportunity to develop an understanding of the relationship between accounting and the economic, social and natural environments. This unit aims to provide you with the ability to prepare financial reports in line with statutory requirements. It will also provide you with the opportunity to focus on the concept of accountability and to what extent conventional accounting discharges the public interest commitment of the accounting profession.