Australian financial reporting framework

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Overview

This course provides you with an understanding of the revised financial reporting framework in Australia as well as analysis of a number of key disclosures required in general purpose financial statements.

Key Topics:

Background and history
Catalyst for change
Revised Australian financial reporting framework: for-profit entities
Comparing 2 tiers of general purpose financial statements
Timing of the changes
Australian general and special purpose financial statements and not-for-profit entities

This course consists of one online course, a downloadable PDF learning manual and one online assessment.

What you'll learn

Interpret the financial reporting framework in Australia.
Analyse a number of entities to determine the type of financial statements they need to prepare.
Explain some of the key disclosure requirements in general purpose financial statements.
Compare the differences between Tier 1 and Tier 2 reporting for the key disclosure requirements.
Analyse a number of disclosures for a case study entity.

Who is this for ?

This course is specifically designed for finance and accounting professionals who are involved in:

external reporting
financial management
management accounting
financial accounting.

Access period

365 days

Format

Online - Self-paced

Language

English

Course ID

115381589

CPD/session

4 CPD hours

Members

AUD 176.00inc. GST

Non-members

AUD 308.00inc. GST