Financial Reporting II

Course Description
The course provides a user perspective on the role of accounting and financial reporting     in capturing and conveying economic information about an organization. Emphasis is placed on preparing and applying International Financial Reporting Standards (IFRS) within professional and ethical framework of the accounting profession and in accordance with institutional regulation. This course ensures that students appreciate and evaluate the challenges associated with income and value measurements during periods of price level changes. Specifically, the course exposes students to intermediate accounting including charts of accounts, fixed assets register, incomplete records, alternative asserts valuation methods, trial balance and suspense accounts, preparation of financial statements for publication for financial and non-financial institutions, interpretation of financial statement and preparation of cash flow statement.