Để phát triển kiến thức và sự hiểu biết về các kỹ thuật được sử dụng để chuẩn bị báo cáo tài chính, kể cả hồ sơ cần thiết cơ bản, và giải thích của báo cáo tài chính cho các doanh nghiệp hợp nhất, quan hệ đối tác và các thương nhân duy nhất. Mục tiêu Sau khi hoàn thành của ứng cử viên giấy có thể: | Paper Preparing Financial Statements INT AIM To develop knowledge and understanding of the techniques used to prepare financial statements including necessary underlying records and the interpretation of financial statements for incorporated enterprises partnerships and sole traders. OBJECTIVES On completion of this paper candidates should be able to describe the role and function of external financial reports and identify their users explain the accounting concepts and conventions used in preparing financial statements record and summarise accounting data maintain records relating to non-current asset acquisition and disposal prepare basic financial statements for sole traders partnerships incorporated enterprises and simple groups appraise financial performance and the position of an organisation through the calculation and review of basic ratios demonstrate the skills expected in Part 1. POSITION OF THE PAPER IN THE OVERALL SYLLABUS No prior knowledge is required before commencing study for Paper . The basic financial accounting in Paper is developed in Paper Financial Reporting and Paper Advanced Corporate Reporting. Knowledge from Paper provides the background to Paper Audit and Internal Review. SYLLABUS CONTENT Note The extent to which accounting standards are examinable is indicated half-yearly in student accountant - in February for the June examination and in September for the December examination. 1 General framework a Types of business entity - incorporated entities partnerships and sole traders. b Forms of capital and capital structures in incorporated entities. c The roles of the International Accounting Standards Board IASB the Standards Advisory Council SAC and the International Financial Reporting Interpretations Committee IFRIC d Application of International Accounting Standards IASs and International Financial Reporting Standards IFRSs to the preparation and presentation of financial statements. e The IASB s Framework .
