FINANCIAL ACCOUNTING LEVEL 4

The aims of the course are to test the candidate’s knowledge and understanding of:

(a) the principles and practices required by accounting standards and the accounting framework
(b) accounting for groups and changes in capital structure
(c) the audit function

Syllabus

Section 1
1 Accounting concepts and principles
2 The regulatory framework
3 Accounting for changing prices
4 Statutory accounts of limited companies

Section 2
5 Taxation
6 Accounting for Government Grants (SSAP 4)
7 Stocks and long term contracts (SSAP 9)
8 Accounting for Research and Development (SSAP 13)
9 Accounting for post balance sheet events (SSAP 17)
10 Accounting for contingencies

Section 3
11 Accounting for a group of companies
12 Company amalgamations
13 Capital reconstructions, including capital reductions

Section 4
14 Users of accounts
15 Auditing