What are the expectations of studying advance corporate financial reporting?

Question

Question

Answer 1

Answer #1

Solution:-

Advance corporate financial reporting focusing primarily on the :-

1. Consolidation

2. Foreign Currency

3. Not for profit and public sector accounting

It mainly targets the following things:-

1. How a company business and financing activities are reflected in its financial statements

2. The components of financial statements: Balance sheet, profit and loss and cash flow and key notes to the accounts

3. The distinction between cash flow and profits

4. How to measure operating, investing and financial performance using appropriate ratios and cash flow tools

5. Understand a glossary of common financial terminologies

Answer 2

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