Financial Reporting(Batch A-June 24) Current Status Not Enrolled Price Closed Get Started This course is currently closed Course Content Session 1: Chapter 1 – The conceptual framework Session 2: Chapter 2 and start tangible Session 3: Chapter 3 tangible Session 4: Chapter 4 intangible Session 5: Chapter 5 impairment Principle- impairment indicators – CGUs – recognition of impairment losses – after impairment review – Revenue recognition – IFRS 15 Session 6: Chapter 6 revenue Revenue recognition – IFRS 15 – all 5 steps – presentation in SOFP Session 7: Chapter 6 revenue Common types of transactions – IAS 20 government grants Session 8: Chapter 7 introduction to groups Introduction and definitions – control – parents separate financial statements – group financial statements – goodwill – NCI – mid year acquisitions Session 9: Chapter 8 consolidated SOFP Approach to consolidated SOFP – fair values – pre and post acquisition profits and other components of equity Session 10: Chapter 8 consolidated SOFP Dividends paid by a subsidiary – intragroup trading – inventories sold at a profit – intra group of sale of PPE Session 11: Chapter 9 consolidated SOPL Approach to SOPL – Intragroup trading – intragroup loans and interest – fair value adjustments Session 12: Chapter 10 Disopsals Disposals – accounting treatment in consolidated financial statements Session 13; Chapter 11 associates Definitions – parents separate financial statements – accounting treatment Session 14: Chapter 11 associates- Definitions – parents separate financial statements – accounting treatment Session 15: Question Practice 280-283 sec b root co and port Session 16: Chapter 12 financial instruments- Need for standard – classification – recognition and derogation Session 17: Chapter 12 financial instruments Measurement Session 18: Chapter 13 leasing- Issue – identifying a lease – lease liability – right of use and presentation – sale and leaseback Session 19: Chapter 14 provisions IAS 37-types of provision – contingent liabilities – contingent assets – IAS 10 Session 20: Chapter 15 inventories and ch 23 not for profit IAS 2 and IAS 41 and primary aims of NPO – regulatory framework – performance measurement 1 of 2
