AAT Professional Diploma in Accounting (Modular) - Financial Statements of Limited Companies: Financial Statements of Limited Companies This mandatory unit is concerned with the drafting analysis and interpretation of financial statements of limited companies. This builds on the Foundation and Advanced levels where the emphasis of the financial accounting units is on identifying and recording transactions in accounts and ledgers following the principles of double-entry bookkeeping and drafting the financial statements of unincorporated organisations from the accounts and records prepared. The unit provides students with the skills and knowledge for drafting the financial statements of single limited companies and consolidated financial statements for groups of companies. It ensures that students will have a proficient level of knowledge and understanding of international accounting standards which they will be able to apply when drafting the financial statements and will have a sound appreciation of the regulatory and conceptual frameworks that underpin the preparation of limited company financial statements. Finally the unit will equip students with the tools and techniques that will enable them to analyse and interpret financial statements effectively. Learning outcomes 1. Demonstrate an understanding of the reporting frameworks and ethical principles that underpin financial reporting 2. Demonstrate an understanding of the key features of a published set of financial statements 3. Draft statutory financial statements for a limited company 4. Draft consolidated financial statements 5. Interpret financial statements using ratio analysis
Additional entry requirements
To start this programme you will need to have completed the following qualification: AAT Advanced Diploma in Accounting This course may also be appropriate for those are already working in finance who would like to continue to build their accounting skills and would like a formal recognition of their skills.
Association of Accounting Technicians
Course reference: BUSL411052 (use this when contacting provider)