Advanced Financial Accounting
This module is an exciting and challenging accounting module which follows on from Fundamentals in Financial and Management Accounting. The module builds on knowledge and expertise from Fundamentals in Financial and Management Accounting and learners progress from preparing accounts for sole traders to preparation of accounts for partnerships and companies. This module has a practical and applied focus.
Prepare draft partnership and limited company accounts
- Correctly identify, calculate and record accounting adjustments.
- Prepare and reconcile control accounts.
Prepare accounts from incomplete records
Evaluate company performance by using standard ratios.
Discuss contemporary issues in financial accounting and illustrate the accountants role, incorporating ethical responsibilities.