F1 Financial Reporting

Learning Outcomes

• Who the regulators are, what they do and why and how regulations are applied.

• How to prepare basic financial statements using financial reporting standards.

• How to distinguish between types of taxes, calculate corporation taxes and issues affecting taxation.

 • What tools are used to ensure that the organization has enough cash to ensure its continuing operations

  • Who the regulators are, what they do and why and how regulations are applied.
  • How to prepare basic financial statements using financial reporting standards.
  • How to distinguish between types of taxes, calculate corporation taxes and issues affecting taxation.
  • What tools are used to ensure that the organization has enough cash to ensure its continuing operations

Syllabus Structure

The syllabus comprises the following topics and weightings:
10%

45%

20%

25%

Cost Accounting for decision and control
Budgeting and budgetary control
Short term commercial decision making
Risk and uncertainty in the short term
10%
45%
20%
25%
Cost Accounting for decision and control
Budgeting and budgetary control
Short term commercial decision making
Risk and uncertainty in the short term
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F1 Lecturer

Ranga Gamage

B.Sc (Eng), MBA, PMP, CIMA Exams Complete

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