ACCT 302 — Financial Reporting

Accounting · University of Ghana

The course begins with the conceptual framework of accounting with reference to the qualitative characteristics of useful information and the fundamental bases of accounting. It then moves into a detailed examination of the regulatory framework of accounting and how this informs the standard setting process. The main areas of the syllabus cover the reporting of financial information for single companies in accordance with generally accepted accounting principles and relevant international financial reporting standards. Finally, the course covers the preparation of a set of general purpose financial statements, consisting of Statement of Profit or Loss and Other Comprehensive Income, Statement of Changes of Equity, Statement of Financial Position. Statement of Cash Flows and Notes accompanying the financial statements and interpretation of information from financial reports.

Credits

3

Level

Level 300

Semester

Semester Two

Course details from University of Ghana Volume 2 Handbook for the Bachelor's Degree: Course Descriptions for Programmes in the Humanities (2017).