course description for Financial Reporting in a B.Sc. Accounting program:

???? Financial Reporting

Course Description

This course provides students with advanced knowledge and skills in preparing, presenting, and interpreting financial statements in accordance with International Financial Reporting Standards (IFRS). Emphasis is placed on comprehensive financial reporting for complex transactions, corporate groups, and public interest entities. Students will also learn to analyze financial statements for decision-making by stakeholders, including investors, management, and regulators.

Course Objectives

By the end of this course, students should be able to:

1. Apply IFRS in the preparation and presentation of financial statements.

2. Prepare financial statements for complex business transactions and corporate groups.

3. Interpret financial statements to support managerial, investor, and regulatory decisions.

4. Evaluate ethical issues and disclosure requirements in financial reporting.

5. Use financial reporting as a tool for strategic decision-making.

Course Content (Main Topics)

• Review of IFRS framework and conceptual basis

• Preparation of financial statements for complex transactions

• Consolidated and group financial statements

• Accounting for investments, associates, and joint ventures

• Revenue recognition and lease accounting under IFRS 15 & IFRS 16

• Financial instruments and derivatives (IFRS 9)

• Interim financial reporting (IAS 34)

• Segment reporting (IFRS 8)

• Ethics, transparency, and disclosure in financial reporting

• Analysis and interpretation of financial statements for decision-making

Teaching Methods

• Lectures and tutorials

• Case studies using real company financial statements

• Problem-solving exercises on complex reporting issues

• Group projects and presentations

Assessment Methods

• Continuous Assessment (Assignments & Quizzes) – 30%

• Case Study / Project – 20%

• Final Examination – 50%

Learning Outcomes

Upon successful completion, students will be able to:

• Prepare and present financial statements in compliance with IFRS.

• Handle complex reporting issues including group and consolidated accounts.

• Analyze financial statements for management, investors, and regulatory decisions.

• Ensure ethical compliance and transparency in reporting.

• Apply financial reporting skills to strategic business and accounting decisions.

✅