Short Title:International Financial Reporting 2
Full Title:International Financial Reporting 2
Module Code:FACC H2002
 
Credits: 5
Field of Study:Accounting and taxation
Module Delivered in 2 programme(s)
Reviewed By:Christine Nangle
Module Author:Patricia Morris
Module Description:To build on the understanding and competence acquired in previous financial accounting/reporting modules in relation to the preparation of single entity limited company financial statements by introducing the preparation of the Statement of Cash Flows, additional accounting issues arising from selected standards, and financial statement analysis .
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Discuss the key aspects of the accounting conceptual and regulatory frameworks
LO2 Execute the relevant double entries in relation to: Share Issues; Events after the Reporting Period; Inventories; Revenue Recognition; Provisions; depreciation, additions, disposals and revaluations of Property, Plant & Equipment, and Intangible Development costs.
LO3 Prepare and present a statement of cash flows for a single limited company in the format required by IAS 7.
LO4 State and discuss and apply the key requirements of selected accounting issues and standards.
LO5 Analyse financial statements and write reports on same, incorporating an analysis of computed financial ratios.
 

Module Content & Assessment

Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Continuous Assessment The continuous assessment will be in the form of class test/s covering one or more 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 1,2,3,4,5 70.00 End-of-Semester

TU Dublin – Tallaght Campus 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
Tutorial Revision of material covered in class 1.00 Every Second Week 0.50
Independent Learning Independent reading & study 5.00 Every Week 5.00
Total Weekly Learner Workload 9.50
Total Weekly Contact Hours 4.50
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 Independent reading & study 7.50 Every Week 7.50
Total Weekly Learner Workload 9.50
Total Weekly Contact Hours 2.00
 

Module Resources

Required Book Resources
  • Margaret D'arcy 2015, An Introduction to Financial Accounting, 1st ed Ed., Chartered accountants Ireland Dublin [ISBN: 9781907214]
Recommended Book Resources
  • Bill Collins and John McKeith 2013, Financial accounting and reporting, latest Ed., McGraw-Hill [ISBN: 9780077114527]
  • Alan Sangster 2015, Frank Wood's Business accounting 1, 13th Ed., Financial Times Prentice Hall [ISBN: 9781292084664]
  • Alan Sangster 2015, Frank Wood's Business accounting 2, 13th Ed., Financial Times Prentice Hall [ISBN: 9781292085050]
  • IASB 2018, International Financial Reporting Standards, 2018 Ed., IASB
  • ACCA / BPP, ACCA Study text Paper F3 Financial Accounting (FA) (International), Latest edition Ed., BPP Study Text
Recommended Article/Paper Resources
  • Accountancy UK Journal ICAEW Relevant Articles
  • Accountancy Ireland Journal CAI Relevant Articles
  • Accountancy Plus Journal ICPAI Relevant Articles
  • Sunday Business Post Newspaper Relevant Articles
  • Business and Finance Journal Relevant Articles
  • Financial Times Newspaper Relevant Articles
Other Resources
  • Website: https://www.charteredacountantsireland.ieRelevant Publications
  • Website: https://accaglobal.comRelevant Publications
  • Website: https://frc.org.uk/asbRelevant Publications
  • Website: https://www.iasb.orgRelevant Publications
 

Module Delivered in

Programme Code Programme Semester Delivery
TA_BAACC_B Bachelor of Business (Honours) in Accounting & Finance 4 Mandatory
TA_BAACC_D Bachelor of Business in Accounting & Finance 4 Mandatory