FINANCIAL REPORTING

GROUP FINANCIAL STATEMENTS

By: Emperor Yomight
Contents
WEEK TOPICS Proposed DATE
1 Financial Statements Presentations and Double Entry System Jan 13th, 2024
2 Introduction to Group Account: Basic & Complications (SOFP) Jan 20th, 2024
3 Introduction to Group Account: Basic & Complications (SOFP) Jan 27th, 2024
4 Adjustments in Group Accounts: SOFP 2 Feb 3rd, 2024
5 Consolidated SOCI Feb 10th, 2024
6 Investment in Associate (SOFP & SOCI combined) Feb 17h, 2024
7 Investment in Associate (Without Fin. Statement of Associate) Feb 24th, 2024
8 Financial Statements: Published Financial Statements Mar 2nd, 2024
9 Financial Statements: Published Financial Statements 2 Mar 9th, 2024
10 Cashflow Statements: Basic-Direct Method Mar 16th, 2024
11 Cashflow Statements: Basic- Indirect Method Mar 23rd, 2024
12 IAS 33 Earnings Per Share Mar 30th, 2024
13 Financial Statement Analysis and Interpretations Apr 1st, 2024
14 Other Issues in Financial Reporting Apr 1st, 2024
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Applicable & Examinable Standards!!!
IAS 1: Presentation of financial statements
IAS 2: Inventories
IAS 7: Statement of cash flows
IAS 8: Accounting policies, changes in accounting estimates and errors
IAS 10: Events after the reporting period
IAS 12: Income taxes
IAS 16: Property, plant and equipment
IAS 20: Accounting for government grants and disclosure of government assistance
IAS 23: Borrowing costs
IAS 24: Related party disclosures
IAS 28: Investments in associates and joint ventures
IAS 32: Financial instruments: Presentation
IAS 33: Earnings per share
Compiled by Emperor Yomight
 Financial Reporting Lecture Note

IAS 36: Impairment of assets

IAS 37: Provisions, contingent liabilities and contingent assets
IAS 38: Intangible assets
IAS 40: Investment property
IFRS 3: Business combinations
IFRS 5: Non-current assets held for sale and discontinued operations
IFRS 7: Financial Instruments: Disclosures
IFRS 9: Financial instruments
IFRS 10: Consolidated financial statements
IFRS 13: Fair value measurement
IFRS 15: Revenue from contracts with customers
IFRS 16: Leases

Important Information!!!
CLASS RULES
• Use your Name on Zoom
• Everyone Contributes
• Be on mute at all times except when unmuted.
• Make use of a Chat box to Ask questions why a concept is being explained.
• We are all learning, no question is a bad question

ADVICE FOR OPTIMAL RESULT

• Join with a laptop and Have Zoom on it

• Choose a spot at home with Minimal Distraction
• Join with a Good internet connection and have a backup plan
• Prepare for each week topic ahead of the class
• Submit each week assignments on the App drive named “CR Assignment”
• Drop question(s) on the group platform only for quick attention
• Do not call/message the tutor privately except it is urgent
• Ensure to join the Class on time and watch the pre-recorded video before time
• All recordings would be shared with participants via the App

1|Page Compiled by Emperor Yomight