Brief Course Description
1. Course Title:
ICAEW_Financial Accounting & Reporting 1 (ICAEW ACA-FAR)
2. Language of Instruction:
Tiếng Anh
3. Course Code:
ACC507229
4. Credits:
3
5. Course Objectives:
The course "ICAEW_Financial Accounting and Reporting 1 (ICAEW ACA - FAR)" equips learners with the ability to apply accounting principles based on International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS), enhancing their capacity to analyze and present financial information in financial statements. Upon completion, learners will be able to explain the foundation and construction of accounting principles by studying key aspects of international standards such as the Conceptual Framework for Financial Reporting, Presentation of Financial Statements (IAS 1), Income Taxes (IAS 12), Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8), Non-current Assets Held for Sale and Discontinued Operations (IFRS 5), The Effects of Changes in Foreign Exchange Rates (IAS 21), Related Party Disclosures (IAS 24), Earnings per Share (IAS 33), Borrowing Costs (IAS 23), Impairment of Assets (IAS 36), and Intangible Assets (IAS 38). Additionally, the course develops learners' ability to identify and apply accounting regulations to address practical scenarios, thereby enhancing their skills in preparing professional financial statements and meeting real-world demands.
6. Brief Description of Course Content:
This course provides the knowledge to help learners understand the accounting treatment principles as regulated by the International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS). Through this, learners can analyze and apply certain standards in recognizing and presenting information in financial statements. Additionally, this course helps learners explain the basis for formulating accounting principles by approaching the main content of the following standards: Conceptual Framework for Financial Reporting, Presentation of Financial Statements (IAS 1), Income Taxes (IAS 12), Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8), Non-current Assets Held for Sale and Discontinued Operations (IFRS 5); The Effects of Changes in Foreign Exchange Rates (IAS 21); Related Party Disclosures (IAS 24); Earnings Per Share (IAS 33); Borrowing Costs (IAS 23), Impairment of Assets (IAS 36); Intangible Assets (IAS 38).