EY допомагає клієнтам створювати довгострокову цінність для всіх зацікавлених сторін. Завдяки даним і технологіям наші послуги та рішення забезпечують довіру через впевненість і допомагають клієнтам трансформуватися, розвиватися та працювати.
Наша мета в компанії EY – Вдосконалюючи бізнес, змінювати світ на краще. Послуги, які ми надаємо, допомагають створити довгострокову цінність для клієнтів, людей і суспільства, а також зміцнити довіру на ринках капіталу.
Objective of the training: To prepare for the Financial accounting exam, including being able to do tasks, present answers appropriately, to manage exam time, to get the easy marks first
Who is the training for? ACCA students who are preparing to pass the exam in September 2024
What do we offer?
Study plan: what to learn, what tasks to do and when, to be ready on time
10 live sessions – 30 academic hours – focusing on the most important and tricky issues of the topics and Q&A
Tutor’s support during the study
Mock exam + Explanation of solutions – Live session 6 academic hours
Kaplan study materials printed or online
We know, how difficult it is to study when you work. So, we focus your attention on the key issues to learn.
We have summarized all necessary lifehacks for exam preparation and passing.
We have analysed Examiner’s reports of the last three years, chose the tasks where the most mistakes were made.
We are sure, you will find this course helpful and enjoyable!
Study plan
Introduction to published accounts
A conceptual framework: objectives of financial reporting, qualitative characteristics, recognition, and measurements of the elements
The purpose and role of the International Accounting Standards Board (IASB®) and the International Sustainability Standards Board (ISSB™)
Intangible assets: definition, recognition, measurement, accounting for the research and development
Tangible non-current assets: definition, initial measurement, including borrowing costs and an asset that has been self-constructed, subsequent expenditure that may be capitalised, distinguishing between asset and expense items, revaluation and disposal gains and losses, depreciation, accounting for the investment properties.
Impairment of assets: Define, calculate and account for an impairment loss, including the principle of impairment tests in relation to Goodwill, Describe what is meant by a cash-generating unit (CGU), allocate an impairment loss to the assets of a CGU.
Non-current assets held for sale and discontinued operations
Financial assets and financial liabilities: Define financial assets and financial liabilities. Explain and account for the factoring of receivables. Measurement for the following categories of financial instruments : amortised cost, fair value through other comprehensive income, fair value through profit or loss, Distinguish between debt and equity.
Revenue: Explain and apply the principles of recognition of revenue, Explain and apply the criteria for recognising revenue, Describe the acceptable methods for measuring progress towards complete satisfaction of a performance obligation
Leasing: Account for right-of-use assets and lease liabilities in the records of the lessee. Explain the exemption from the recognition criteria for leases in the records of the lessee. Account for sale and leaseback transactions where sales proceeds are equal to fair value.
Taxation: Account for current taxation, Explain the effect of taxable and deductible temporary differences on accounting and taxable profits. Compute and record deferred tax amounts in the financial statements
Statement of cash flows: Prepare extracts from a statement of cash flows for a single entity
Earnings per share: calculate the eps , explain the relevance of the diluted eps and calculate the diluted eps
Principles of consolidated financial statements: Account for the effects of intra-group transfer of assets and intra-group dividends
Consolidated statement of financial position
Consolidated statement of profit or loss
Associates
Interpretation of financial statements: Limitations of financial statements, Calculation and interpretation of accounting ratios and trends to address users’ and stakeholders’ needs, Limitations of interpretation techniques, Not-for-profit, and public sector entities
Practice module: Preparation of single entity financial Statements, Preparation of consolidated financial statements for a simple group
