FINANCIAL REPORTING F7 – STUDY OVERVIEW 1 Module System Study Session Subjects to be covered INTRODUCTORY PHASE 20 21 Group accounts – Basic principles: – Consolidated statement of
Trang 1FINANCIAL REPORTING (F7) – STUDY OVERVIEW
1
Module System Study
Session Subjects to be covered
INTRODUCTORY
PHASE
20
21
Group accounts – Basic principles:
– Consolidated statement of financial position Group accounts – Cosmetic adjustments:
– Consolidated statement of financial position
22 Group accounts – Further adjustments:
– Consolidated statement of financial position
23
10
15
17
Group accounts:
– Consolidate statement of comprehensive income IAS 17 – Leases
IAS 11 – Construction contracts IAS 12 – Income taxes
MONITORING TEST 1 (1½ hours)
1 GAAP and the IASB
2 Framework
3 Substance over form
INTERMEDIATE
PHASE 1 4 IAS 1 – Presentation of financial statements
5 IAS 8 – Accounting Policies, Changes in
Accounting Estimates and Errors
6 IAS 18 – Revenue
7 IAS 16 – Property, plant and equipment
8 IAS 23 – Borrowing costs
11 IAS 38 – Intangible assets
12 IAS 40 – Investment properties
13 IAS 36 – Impairment of assets
14 IAS 2 – Inventories
16 IAS 37 – Provisions, contingent liabilities and
contingent assets
18 Financial instruments
19 Group accounts – Regulatory framework
24 IAS 28 – Investments in Associates
26 IAS 7 – Statement of cash flows
27 IAS 33 – Earnings per share
28 IFRS 5 – NCA Held for sale and discontinued
operations
29 IAS 10 – Events after the reporting period
MONITORING TEST 2 (1½ hours)
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Module System Study
Session Subjects to be covered
INTERMEDIATE
PHASE 2
9
25
IAS 20 – Accounting for government grants & disclosure of government assistance
Analysis and interpretation You should also concentrate on practising questions
REVISION PHASE
It is important that all of the Study System has been fully covered by this stage
Key areas of the syllabus must be reviewed
together with any relevant articles from the Student Accountant
Emphasis to be placed on examination style question practice
MOCK EXAM(s) (3 hours)