To enable students to apply technical knowledge, analytical techniques and professional skills to resolve compliance and business issues that arise in the context of the preparation and evaluation of corporate reports and from providing audit services;

To require students to use technical knowledge and professional judgement to identify, explain and evaluate alternatives and to determine the appropriate solutions to compliance issues, giving due consideration to the needs of clients and other stakeholders. The commercial context and impact of recommendations and ethical issues will also need to be considered in making such judgements.

(LO1) Formulate, implement and evaluate accounting and reporting policies for single entities and groups of varying sizes and in a variety of industries;

(LO2) Discern and formulate the appropriate financial reporting treatment for complex transactions and complex scenarios;

(LO3) Evaluate and integrate technical knowledge from individual accounting standards;

(LO4) Apply professional skills to integrate knowledge where several accounting standards are simultaneously applicable and interact;

(LO5) Analyse, interpret, evaluate and compare financial statements of entities both over time and across a range of industries;

(LO6) Explain the processes involved in planning an audit, evaluating internal controls, appraising risk, gathering evidence and drawing conclusions in accordance with the terms of the engagement. In addition, students will be able to perform a range of assurance engagements and related tasks;

(LO7) Evaluate corporate reporting policies, estimates and disclosures in a scenario in order to be able to assess whether they are in compliance with accounting standards and are appropriate in the context of audit objectives. In addition, students will be able to perform a range of assurance engagements and related tasks;

(LO8) Identify and explain ethical issues. Where ethical dilemmas arise, students will be able to recommend and justify appropriate actions and ethical safeguards to mitigate threats.

(S1) Adaptability

(S2) Problem solving skills

(S3) Numeracy

(S4) Commercial awareness

(S5) Organisational skills

(S6) Communication skills

(S7) International awareness

(S8) Lifelong learning skills

(S9) Ethical awareness

(S10) Leadership

Lectures x 77 hours
Lectures will be delivered in full day blocks. A full day block of lectures involves the student attending class from 9am to 4.30pm with breaks. The day involves a range of activities which can include lectures, guided scenario and question practice, group work and open discussion on relevant business areas. Full day contact with academic staff therefore provides the opportunity for students to interact with each other and with academic staff, to work in teams and receive real time guidance.

Formative Progress Test x 3.5 hours
Unscheduled directed student hours (time spent away from the timetabled sessions but directed by the teaching staff).

Self-directed learning hours x 119.5
Self-directed learning includes wider reading on the related topic areas from academic and professional journals and the financial press, reflection on lecture content and sourcing and attempting scenario-based exercises. Structured preparation for mid-term tests also requires self-directed learning.

1. Compliance with corporate reporting regulations;

2. Financial statement analysis;

3. Audit and assurance;

4. Integrated audit and corporate reporting;

5. Ethics.