ACC40640 Financial Reporting

Academic Year 2023/2024

This module will provide participants with the technical and analytical skills to prepare and analyze the financial statements and corporate reports of profit oriented entities that use international financial reporting standards (IFRS).

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Curricular information is subject to change

Learning Outcomes:

On completion of this module, participants will be able to:
1.Prepare the financial statements of profit oriented entities (including business combinations) using specified elements of International GAAP.
2.Demonstrate an understanding of the complex issues involved in recognition and measurement of assets and liabilities.
3.Analyse the financial performance and position of profit orientated entities that include complex transactions and management judgements and appreciate the limitations of financial information in providing a fully comprehensive financial analysis.

Student Effort Type Hours
Specified Learning Activities


Autonomous Student Learning






Requirements, Exclusions and Recommendations

Not applicable to this module.

Module Requisites and Incompatibles
Not applicable to this module.
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Class Test: Timed mid-term test. Week 5 n/a Graded No


Examination: Timed written examination. 2 hour End of Trimester Exam No Graded No


Carry forward of passed components
Resit In Terminal Exam
Summer Yes - 2 Hour
Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Students will receive grades for each component of the module. Following release of mid-term test grades, the lecturer will provide some observations to the class at lectures on student performance.

Lecture Offering 1 Week(s) - 20, 21, 23, 24, 25, 26, 29, 31, 32, 33 Mon 14:00 - 15:50

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