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The unit aims provide a thorough knowledge of accounting theory and practice in all areas identified for this course. At the same time you will cultivate personal skills and attributes essential for discharging financial reporting responsibility at a professional level. The financial reporting process is tightly constrained by law and pseudo-legal “standards” that provide guidance to the preparers of the accounts. This unit examines the financial reporting process and the primary vehicle to achieve this is the construction and interpretation of single entity and consolidated financial statements.

 

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