International financial reporting (МФО)
1. Explain the need for a conceptual framework and the characteristics of useful information
2. What is meant by group of companies. Discuss the principles of consolidated financial statements
3. Discuss limitations of financial statements
4. Identify accounting ratios and trends to address stakeholders’ needs
5. Formulate limitations of interpretation techniques
6. Introduce usefulness of IFRS information for different groups of stakeholders
International financial accounting (МФУ)
1. The scope and purpose of financial statements for external reporting
2. The regulatory framework (legislation and regulation, reasons and limitations, relevance of accounting
standards) for financial reporting
3. The concept of double-entry accounting and the duality concept 4. IASB requirements for valuing
inventories
5. The purpose of a trial balance