
Award in Financial Reporting
This course allows learners to develop the necessary skills and knowledge to understand and apply the principle IFRS standards and various frameworks to prepare and interpret financial statements, for
Overview
This course allows learners to develop the necessary skills and knowledge to understand and apply the principle IFRS standards and various frameworks to prepare and interpret financial statements, for individuals as well as for groups.
Also a module inside these programmes
Undergraduate Higher Diploma in Accountancy and FinanceBachelor of Arts in Accountancy and Finance
Learning outcomes
- Calculate and interpret accounting ratios
- Monitor trends in stakeholders and users’ needs
- Carry out effective calculations of various accounting ratios
- Advise individuals or organisations based on the interpretation of a financial statement taking into consideration the interpretation limitations
- Deal with and interpret various accounting transactions found in a financial statement and in compliance with legal frameworks
- Critically reflect on the need for a regulatory and legal framework for financial reporting
- Discuss in detail ways to account for transactions in financial statements
- Define and analyse various terms in financial reporting including tangible non-current assets, intangible assets, impairment of asets, inventory and biological assets, financial instruments, leasing, taxation, revenue, foreign curency transactions, government grants, provisions and events following reporting period, and others
- Analyse various limitations of financial statements as well as limitations of interpretation techniques
- Have knowledge of the effective preparation of a financial statements
- Critically discuss ways of using information technology to source, store and manipulate information
- List the critical limitations financial statements
- Interpret cash-flows and other financial reports effectively to assess the financial position of an organisation as well as its performance
- Critically, criticise limitations of various interpretation techniques
- Prepare a financial statement portraying the position of an organisation in line with the accounting frameworks and IFRS
- Explain in detail and in a clear and transparent manner the contents of a financial report as well as prepare a statement of cash flows
- Prepare consolidated financial statements effectively
- Use technology to store, manage, source and manipulate that in accounting and finance How this course will be taught This course shall be taught with a student-centred approach whereby learners are encouraged to take active participation in their own learning. Learners shall be presented with PowerPoint presentations, case-study examples, and other interactive learning materials. Students will be asked to discuss and exchange communication amongst each other (classroom or online, as per learning mode chosen). Assessment This course shall be assessed by a written assignment of 1,500 words (75%). Learners are also expected to undergo a classroom assessment including discussions, multiple-choice assessments and/or observation (25%). The assignment has a total of 2,000-word count. Moreover, learners are expected to obtain a minimum of 50% of the total mark to successfully pass from the course
Fees & duration
Fees as published by eie European Business School. Your fee is confirmed only on the invoice issued by eie with your conditional offer. Get Qualified tax-credit figures apply only if you are eligible under Malta Enterprise rules.
Get Qualified — up to 70% back
eie's accredited programmes are eligible under Malta Enterprise's Get Qualified scheme. Eligible self-funded students can recover up to 70% of registration and tuition fees as a tax credit after successfully completing the course.
Recognition
Accredited by MFHEA
This qualification is awarded by eie European Business School (formerly eie Institute of Education) and is accredited by the Malta Further and Higher Education Authority (MFHEA). MFHEA deems this Award to be at MQF Level 5 (12 ECTS) of the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.
Flexible start
Online awards can start any day. Lecture-based awards use a fixed start date.
How to apply
Enquire
Tell Aspire Barcelona what you have studied. We confirm the level Aspire can consider.
Offer & invoice
eie aims to send a conditional offer letter and an invoice within 48 hours of your application.
Acceptance
Meet the conditions, sign the student agreement and pay — eie then issues a letter of acceptance and a receipt.
Got an offer through an agent? Check it first.
Send a copy of any offer letter, letter of acceptance, invoice or receipt to [email protected]. eie will confirm whether it is genuine and is not responsible for documents or payments that did not come from eie.
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