Table of Contents
This certification provides learners with a comprehensive understanding of financial reporting concepts, including how to follow international standards while accounting for transactions, prepare financial statements for both single entities and business combinations, and calculate relevant ratios related to profitability, liquidity, efficiency and financial position. Learners will learn how to:
- Explain and critically analyse the objective of financial reporting
- Critically discuss the objective and scope of financial statements and define the elements of the financial statements (assets, liabilities, equity, Income and expenses)
- Understand and evaluate the recognition criteria for financial statements (such as assets and liabilities and income and expenses)
- Apply in depth the main elements and requirements of the conceptual framework for financial reporting
- Account for transactions which happen during the reporting period in accordance with international accounting standards
- Analyse and interpret financial information as included in the financial statements
- Describe various measurement bases and discuss the factors to be considered when selecting the measurement basis, and the advantages and disadvantages of each, namely historical cost and current value cost
- Describe the concept of reporting entities, namely
- Prepare single and consolidated financial statements in accordance with International accounting standards.
Awarding Body
This qualification is awarded by Central Mediterranean Business School (CMBS).
Accrediting Body
Entry Requirements
To be eligible for the programme, candidates must hold any one of the following requirements:
- MQF Level 4 qualification in accountancy, finance or a relevant field
- Matriculation certificate with passes in at least 2 A-levels and 3 Intermediates
- Matsec certificate with 4 passes at Grade 5 or better in accounts, english, mathematics and any other subject
- Relevant work experience in a relevant field
Non-native English speakers must also have an English qualification such as CEFR or IELTS 5.5.
Mode of Assessment
The Award in Financial Reporting will be assessed through an exam, an individual project and a reflective journal.Â
Who is this course for?
This programme is intended for those who are aged 18+ and aspire to work or are already working in the finance field.
Delivery
Face-to-faceLanguage
This programme will be delivered in English.
Location
Central Mediterranean Business School
The Brewhouse
Mdina Road, Zone 2,
Central Business District
Birkirkara CBD 2010, Malta
Key Info
Duration
2 MonthsStarting
TBCCredits
12 ECTS/ECVETFull Price (EU Students)
€995Have questions?
Email us at admissions@cmbs.edu.mt or call on +356 9912 1110 to learn more.
