Professional Certificate in UK Accounting Frameworks: Impactful
-- ViewingNowProfessional Certificate in UK Accounting Frameworks: A Comprehensive Course for Career Advancement This Professional Certificate course is designed to provide learners with an in-depth understanding of the UK accounting frameworks and their impact on financial reporting. It is essential for individuals who want to excel in accounting roles in the UK or work with UK-based companies.
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⢠UK Generally Accepted Accounting Principles (GAAP): An in-depth understanding of the UK GAAP, its framework, and the FRS 101 and FRS 102.
⢠International Financial Reporting Standards (IFRS): Overview and comparison of IFRS and UK GAAP, including the effects of IFRS adoption in the UK.
⢠Financial Statements Preparation: Preparing financial statements in compliance with UK GAAP and IFRS, including balance sheets, income statements, and cash flow statements.
⢠Group Accounts: Consolidated financial statements, goodwill and group restructuring under the UK GAAP and IFRS.
⢠Financial Instruments and Cash Flow Hedge Accounting: Recognition, measurement, and disclosure of financial instruments, and cash flow hedge accounting under IAS 39 and IFRS 9.
⢠Revenue Recognition: Revenue recognition principles under IFRS 15 and their impact on UK-based entities.
⢠Leases: Lease accounting under IAS 17 and the new leasing standard, IFRS 16, and its implications for lessees and lessors.
⢠Taxation: Understanding taxation principles and their impact on financial statements preparation under the UK GAAP and IFRS.
⢠Corporate Governance and Ethics: The role of corporate governance and ethical considerations in accounting, including the UK Corporate Governance Code and the Ethical Standards for Professional Accountants.
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