Short Title:International Financial Reporting 3
Full Title:International Financial Reporting 3
Language of Instruction:English
Module Code:FACC H3003
 
Credits: 5
Field of Study:Accounting and taxation
Module Delivered in 3 programme(s)
Reviewed By:Christine Nangle
Module Author:Pasqueline Tierney
Module Description:This module aims to build on the knowledge of accounting concepts, terminology, principles acquired in previous Financial Accounting/reporting modules. In particular, students will build on their knowledge of the requirements of International Financial Reporting Standards and the application of the standards to the preparation of limited company financial statements.
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Discuss and interpret financial accounting theory including the IASB framework. Outline the statutory requirements in relation to the use and enforcement of IFRS. Discuss the impact of FRS 102 in the Irish context
LO2 Prepare and present financial statements for limited companies in accordance with international financial reporting standards (IFRS).
LO3 Discuss and apply the requirements of a range of International Accounting Standards
LO4 Distinguish between the requirements of International Financial Reporting Standards and FRS 102 as they apply to transactions identified in Learning outcomes 2 to 3 above.
 

Module Content & Assessment

Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Continuous Assessment Assessment(s) may be in the form of in-class test or project submission covering one or more of the learning outcomes. 1,2,3,4 30.00 n/a
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam End-of-Semester Final Examination 1,2,3,4 70.00 End-of-Semester

IT Tallaght reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Class based instruction 4.00 Every Week 4.00
Independent Learning Time Study of material covered in class and question practise 5.00 Every Week 5.00
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 4.00
Workload: Part Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Class based instruction 2.00 Every Week 2.00
Independent Learning Time Study of material covered in class and question practise 7.00 Every Week 7.00
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 2.00
 

Module Resources

Required Book Resources
  • Ciaran Connolly 2015, International Financial Accounting and Reporting, 5 Ed., CAI [ISBN: 97819103742]
Recommended Book Resources
  • John McKeith & Bill Collins 2013, Financial Accounting and Reporting, 2nd Ed., McGraw Hill [ISBN: 978-00771383]
  • ACCA, Paper F7 INT Financial Reporting, 2018 Ed., Kaplan
  • IASB, International Financial Reporting Standards
  • Margaret D'Arcy 2015, An Introduction to Financial Accounting, Chartered Accountants Ireland [ISBN: 9781907214615]
This module does not have any article/paper resources
Other Resources
  • https://www.charteredaccountants.ie/: Chartered accountants Ireland,Chartered Accountants Ireland
  • http://www.accaglobal.com/: Association of Chartered Certified Accountants
  • http://www.cimaglobal.com/: Chartered Institute of Management Accountants
  • http://www.cpaireland.ie/: 'Certified Public Accountants Ireland'
  • http://www.frc.org.uk/asb/: Financial Reporting Council
  • IASB http://www.ifrs.org/: International Accounting Standards BoardIASB
  • IASPLUS http://www.iasplus.com/index.htm: DeloitteIAS Plus
 

Module Delivered in

Programme Code Programme Semester Delivery
TA_BAACC_B Bachelor of Business (Honours) in Accounting & Finance 5 Mandatory
TA_BAACC_D Bachelor of Business in Accounting & Finance 5 Mandatory
TA_BACCT_D (1 year add on) Bachelor of Business in Accounting & Finance 5 Mandatory