The unit covers various aspects of financial accounting and builds on the principles introduced in prior financial accounting units. It provides a detailed examination and/or more detailed exploration (than AFS2730 or AFS2740) of applying reporting standards (IFRS) in a financial reporting environment, with the focus on conceptual framework; preparation and presentation of financial statements; provisions, contingent liabilities and contingent assets; revenue recognition; income taxes (including deferred tax); leases, non-current assets held for sale and discontinued operations; the effects of changes in foreign exchange rates and hedging; employee benefits; share-based payments;... -- Course Website
Prerequisites: AFS2740 or AFW2720
