Financial Statements of Limited Companies This mandatory unit is concerned with the drafting analysis and interpretation of financial statements of limited companies. This builds on the Foundation and Advanced levels where the emphasis of the financial accounting units is on identifying and recording transactions in accounts and ledgers following the principles of double-entry bookkeeping and drafting the financial statements of unincorporated organisations from the accounts and records prepared. The unit provides students with the skills and knowledge for drafting the financial statements of single limited companies and consolidated financial statements for groups of companies. It ensures that students will have a proficient level of knowledge and understanding of international accounting standards which they will be able to apply when drafting the financial statements and will have a sound appreciation of the regulatory and conceptual frameworks that underpin the preparation of limited company financial statements. Finally the unit will equip students with the tools and techniques that will enable them to analyse and interpret financial statements effectively. Learning outcomes 1. Demonstrate an understanding of the reporting frameworks and ethical principles that underpin financial reporting 2. Demonstrate an understanding of the key features of a published set of financial statements 3. Draft statutory financial statements for a limited company 4. Draft consolidated financial statements 5. Interpret financial statements using ratio analysis
Name: AAT Professional Diploma in Accounting (Modular) - Financial Statements of Limited Companies Qualification title: Non regulated provision, Level 4, Accounting and Finance Qualification type: Assessment Students must successfully complete three mandatory unit assessments (Budgeting Decision and Control and Financial Statements of Limited Companies) and one end of unit assessment where all four mandatory units will be assessed. In addition students complete unit assessments for two optional units. Learners are entitled to 1 free re-sit for the whole level and will have to pay for all re-sits after that. Re-sits are £50 for each re-sit (this is to cover the AAT exam fee and our administration costs). Awarding Generic award - no awarding body Created 20161003 09:21:51 Updated 20161003 09:21:51
None
Ealing, Hammersmith & West London College
Further Education
lis@wlc.ac.uk
020 8741 1688
http://www.wlc.ac.uk/
Gliddon Road Town: London
Title: Non regulated provision, Level 4, Accounting and Finance Qualification: Non regulated provision, Level 4, Accounting and Finance Classification: Business, Administration and Law