FINANCIAL ACCOUNTING 2 covers topic on accounting for cash and cash equivalents, inventories, plant, properties and equipment, trade receivables, trade payables, provisions and contingent liabilities / assets, revenues and expenses and also partnership.
This course will help student to gain a comprehensive understanding on various category of adjustments.
Thus, the students will be able to extract the financial statements in accordance to approved accounting standards.
This course will need 56 hours of lecture and practical.
Upon completion of this course, students should be able to:
CLO 1 :
Apply relevant accounting treatment in compliance with Approved Accounting Standards
CLO 2 :
Prepare financial statement by interpreting the financial and non-financial information with the relevant Approved Accounting Standards
CLO 3 :
Explain comprehensively the related Approved Accounting Standards in preparing relevant financial statements (framework)