Nearly all listed companies in the European Union and the United Kingdom have to prepare consolidated financial statements that comply with IFRS (International Financial Reporting Standards). You'll develop knowledge and skills in understanding and applying IFRS and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyse major elements of those financial statements. You'll also be able to identify trends and potential obstacles to financial reporting while being able to track financial performance in real time. These skills are what managers are looking for from finance professionals, giving you an edge in a competitive career market.
Contact hours: 34
Private study hours: 116
Total study hours: 150
Main assessment methods:
VLE Test 1 (15%)
VLE Test 2 (15%)
Exam, 2 hours (70%)
Reassessment methods:
Reassessment Instrument: 100% exam
The University is committed to ensuring that core reading materials are in accessible electronic format in line with the Kent Inclusive Practices.
The most up to date reading list for each module can be found on the university's reading list pages.
The intended subject specific learning outcomes.
On successfully completing the module students will be able to:
- evaluate the regulatory, commercial, professional and social environment within which financial statements are prepared, published and used, beyond that available from Financial Accounting;
- evaluate aspects of the economic, decision-theoretic and behavioural underpinning to financial reporting, beyond that available from Financial Accounting;
- apply the technical language and practices employed in recognition, measurement and disclosure in financial statements, beyond that available from Financial Accounting;
- identify alternative technical languages and practices proposed for use in recognition and measurement in financial statements, to reflect changes in prices, beyond that available from Financial Accounting.
The intended generic learning outcomes.
On successfully completing the module students will be able to:
- evaluate arguments and evidence;
- manipulate financial data;
- prepare financial statements;
- communicate effectively to a variety of audiences and/or using a variety of methods
University of Kent makes every effort to ensure that module information is accurate for the relevant academic session and to provide educational services as described. However, courses, services and other matters may be subject to change. Please read our full disclaimer.
