This subject covers the candidates’ knowledge of the concepts and principles in advanced financial accounting and reporting and the application of these accounting concepts including techniques and methodology to problems likely to be encountered in practice. Candidates should know and understand problems involving accounting of special transactions and their effects and presentation in the financial statements including among others: accounting for partnerships, corporate liquidation, joint arrangements, revenue recognition, home office, branch and agency transactions.
The student must also be able to communicate effectively matters pertaining to these special accounting topics and the related work that will be handled.
The knowledge of the students in the competencies cited above is that of an entry level accountant who can address the fundamental requirements of the various parties that the candidates will be interacting professionally in the future.
- Teacher: gensbergh rago
- Enrolled students: 11