This module provides a comprehensive understanding of fundamental concepts and theories that you can apply to a range of financial accounting matters. You’ll learn the regulatory and conceptual framework that underpins financial accounting, as well as the techniques and skills required to prepare essential financial statements. We’ll focus on three key statements:

• the statement of comprehensive income
• the statement of financial position
• and the statement of cash flow.

By the end of this module, you will possess the tools needed to analyse and interpret financial information accurately and have a solid foundation in financial accounting, enabling you to apply your skills to real-world scenarios and make informed decisions.