Course Schedule: Financial Accounting & Reporting Q4

Course Dates

Start Date:                                     Recorded phase available upon enrolment
                                                        Taught phase starts 21 Oct 2023

End Date:                                     25 Nov 2023

 

Important Dates

Exam Registration Start Date:   16 Oct 2023

Exam Registration End Date:     27 Oct 2023

Exam Date:                                   4 Dec 2023

Results Released:                        19 Jan 2023

 

Course Structure

Recorded Phase:                          8 sessions x 3-hour

Taught Phase:                               8 sessions x 3-hour

Revision Phase:                            8 sessions x 3-hour

Total number of course hours:  72

Mock Exams:                                2 (to be completed at home & submitted to tutor for marking)

 

Training Venue

All taught and revision phase will be delivered on line (via Zoom)

 

Class Size

Class is limited to 30 students on a first-come first-served basis.

If you have further query or wish to enrol, please contact us at enquiry@cityacademy.sg

Website: www.cityacademy.sg                         Tel: 6742 0300

  

2023 Schedule: Financial Accounting and Reporting – IFRS

No Date Day Timing

Topics

Recorded Phase
1

·      Recap of Topic 1 and reporting concepts

·      Topic 2 Preparation of financial statements – formats of accounts and revision of preparation of IAS 1 Format account from a trial balance.
2

·      Topic 2 contd- Discontinued Operations and Foreign currency (individual transactions)
3

·      Topic 3 Assets for continued use, including initial recognition of PPE, revaluations, impairments, borrowing costs and derecognition of PPE
4

·      Topic 3 contd- Intangibles and Leases
5

·      Question practice testing everything so fa

·      Completion of Topic 3 Government Grants and Topic 4 Fair presentation- Revenue and inventories
6

·      Topic 4 contd.
7

·      Topic 5- Disclosures, including: Earnings per share, distributable profits, related parties and events after the reporting date
8

Mixed topic question technique- including different accounting standards covered during phase 1- and how to structure a written question

Taught Phase delivered online via live streaming
9  21 Oct Sat 2pm – 5pm

·      Topic 6 Accounting for Groups I and the ICAEW consolidation workings
10 21 Oct Sat 6pm – 9pm

·      Topic 6 contd- Consolidated statement of financial position, including further adjustments
11 25 Oct Wed 7pm – 10pm

·      Topic 6 contd- Consolidated statement of financial position and Topic 7 Accounting for Groups 2: Consolidated statement of financial performance
12 28 Oct Sat 2pm – 5pm

·      Topic 7 – Accounting for Groups 2 further adjustments and Investments in associates
13 28 Oct Sat 6pm – 9pm

·      Topic 7 contd- Consolidated statement of changes in equity and disposal of a full subsidiary
14  1 Nov Wed 7pm – 10pm ·      Question practice and intro to Topic 8 Statement of cash flows, for an individual entity
15 4 Nov Sat 2pm – 5pm

·      Topic 8 Consolidated Statement of cash flow
16 4 Nov Sat 6pm – 9pm

·      Topic 8 contd and question technique on consolidation and recap ICAEW standard group workings

Mock Exam 1 to be completed at home & submitted to tutor for marking by (To be confimed)

Revision Phase delivered online via live streaming
1 11 Nov Sat 2pm – 5pm

·      This marks the beginning of the revision phase of study

·      Tailored question practice and debriefs of past exam questions to cover all areas of the syllabus
2 11 Nov Sat 6pm – 9pm

·      Tailored question practice and debriefs of past exam questions to cover all areas of the syllabus
3 15 Nov Wed 7pm – 10pm

·      Tailored question practice and debriefs of past exam questions to cover all areas of the syllabus
4 18 Nov Sat 2pm – 5pm

·      Tailored question practice and debriefs of past exam questions to cover all areas of the syllabus
5 18 Nov Sat 6pm – 9pm

·      Tailored question practice and debriefs of past exam questions to cover all areas of the syllabus
6  22 Nov Wed 7pm – 10pm

·      Tailored question practice and debriefs of past exam questions to cover all areas of the syllabus
7  25 Nov Sat 2pm – 5pm

·      Tailored question practice and debriefs of past exam questions to cover all areas of the syllabus
8  25 Nov Sat 6pm – 9pm

·      Extra Session

Mock Exam 2 to be completed at home & submitted to tutor by (To be decided)

To enrol for this course, please click this link Enrol

Download Course Outline

 

Course Tutor: Lisa de Looze

JP, ACMA, CGMA

Lisa qualified as a Chartered Management Accountant in 2007 and also serves as a Magistrate for the UK Judiciary.

Lisa has ten years of experience working as a Management Accountant for the exclusive luxury car manufacturer Bentley Motors.

Lisa established her own company fourteen years ago and has built a large portfolio of clients teaching at various leading academic institutions across ICAEW, ACCA and CIMA.

She is enthusiastic, possessing excellent administrative, verbal communication and written skills along with effective teaching methods.

 

Financial Accounting and Reporting – IFRS

On completion of the Financial Accounting and Reporting module, students will be able to:

  • explain the contribution and inherent limitations of financial statements, apply the International Accounting Standards Board’s (IASB) conceptual framework for financial reporting and identify and explain key ethical issues;
  • prepare and present financial statements from accounting data for single entities in conformity with IFRS and explain the application of IFRS to specified single entity scenarios;
  • identify the circumstances in which entities are required to present consolidated financial statements, prepare and present them in conformity with IFRS and explain the application of IFRS to specified group scenarios

 

Course Objective and Approach

The course is planned to prepare you for success in the Financial Accounting and Reporting - IFRS exam. This is our key objective. We assume that you have done some preparatory work prior to the commencement of the course and that we can build on this through the duration of the course.

The course will consist of three (3) phases – a recorded phase (8 sessions), a lecture-based taught phase (8 sessions) and a revision phase (8 sessions), all delivered via live streaming.

Lectures will follow the content of BPP course notes and will include extensive practice on questions from the ICAEW Question Bank.

You will be given Mock Exam 1 (ME 1) towards the end of the Taught Phase.
You will be given Mock Exam 2 (ME 2) towards the end of the Revision Phase.

City Academy’s tutors will mark and review your ME scripts so as to benefit your learning outcome. You will have the flexibility of practising the ME at your own time at home but you must submit your ME answer scripts by the due date set. You may also be given homework, assignments or additional reading materials.

The course is interactive and you will be encouraged to participate in class discussions.

“Completeness” is a key audit assertion. To meet the key course objective of exam success you need to be complete in your exam preparation. The course is aimed at exposure/coverage to/of most significant exam matters, and focuses on how these matters will be examined and prepares you with question practise and tips in answering this ICAEW paper. You will be expected to attend all lectures and any supplementary tutorials, complete all course assignments and sit for and submit all ME answers.

 

CITY ACADEMY, ICAEW GLOBAL PARTNER IN LEARNING

~ Working with ICAEW in the professional development of students ~