School of Accounting, Finance and Management

AC301 Company Financial Statements

Academic Year 2008 - 2009

 

SUMMER TERM 2009 RESOURCES

 

Revision Class Slides (Tackling an Essay Question)

Revision Lecture Slides (Segmental Reporting, Intangibles, Financial Instruments)

 

SPRING TERM 2009 RESOURCES

 

AC301 Spring Term Coursework

 

 

Lecture 11: Presentation of Financial Statements and Segmental Reporting (16 & 23 January 2009)

Lecture Notes

Workshop Question

Workshop Answers

IAS 1 Presentation of Financial Statements

IAS 14 Segment Reporting

IAS 14 Segment Reporting Appendix: Illustrative Example

 

Lecture 12: Provisions, Contingent Liabilities and Contingent Assets (23 January 2009)

 

 

Lecture 13: Intangible Assets - The case of brands, know-how and other intangibles

Lecture Notes

Workshop Reading

IAS 38: Intangible Assets

Workshop Discussion - Your Answers

 

Lecture 15: Impairment

Lecture Notes

 

Lecture 15: Pension Reporting

Lecture Notes

 

Lecture 16: Human Capital Reporting

Lecture Notes

 

Lecture 17: Corporate Social Reporting

Lecture Notes

 

Lecture 18: Financial Instruments

Lecture Notes

Workshop Reading

 

 

AUTUMN TERM 2008 RESOURCES

 

AABA WEBSITE

AC301 Autumn 2008 Course Booklet

Writing Skills and Referencing Guide for Accounting Courses

ESSAY WRITING SKILLS

A MODEL ESSAY

Coursework Question Autumn 2008

LECTURE 1: THE NATURE OF ACCOUNTING (10 Oct 2008)

Lecture Notes: The Nature of Accounting

Class Exercise

ACCOUNTING AND THE PROBLEMATIC CONSTRUCTION OF REALITY

Branson's pickle

There's no accounting for accountants

Unaccountable

The Rise of Economic Consequences by Stephen Zeff

LECTURE 2: A CONCEPTUAL FRAMEWORK FOR FINANCIAL REPORTING (17 Oct 2008)

Lecture Notes: Conceptual Framework for Financial Reporting

Class Exercise: Conceptual Framework

 

FASB - Conceptual Framework for Financial Reporting: Objective of Financial Reporting and Qualitative Characteristics of Decision-Useful Financial Reporting Information

 

Conceptual Framework—Joint Project of the IASB and FASB

The IASC's conceptual framework - an obstacle to international harmonisation?

STEWARDSHIP/ACCOUNTABILITY AS AN OBJECTIVE OF FINANCIAL REPORTING

The Conceptual Framework- the International Experience

LECTURE 3: OFF BALANCE SHEET FINANCING SCHEMES (24 October 2008)

Lecture Notes: Off Balance Sheet Accounting

Off Balance Sheet Financing Practice Question

FRS 5: Reporting the substance of Transactions

FRS 18: Accounting Policies

Principles Not Rules: A Question of Judgement

Off-balance sheet woes raise wider concerns

Banks' dark off-balance-sheet world

Like to earn a 25% coupon? Rent out your balance sheet

EU Commission proposes collective board responsibility and more disclosure on transactions, off-balance sheet vehicles and corporate governance

Telecoms giants leave £40bn debt off balance sheet

LECTURE 4: ACCOUNTING FOR LEASES (31 October 2008)

Lecture Notes: Accounting for Leases

Workshop Exercise: Accounting for Leases - Tiptree Plc

Workshop Exercise: Accounting for Leases - Connecticut

Workshop Exercise: Accounting for Leases - Maldon

SSAP 21- Accounting for leases and hire purchase contracts

IAS 17 - Accounting for Leases

FASB: Financial Accounting Standards No. 13 - Accounting for Leases

FASB, IASB Begin Rethinking Leases

IASB Research Project on Leasing

Companies should come clean on the value of leases on their books

 

LECTURES 5&6: Foreign Currency Translation (i)&(ii) (7&14  November 2008)

 

Lecture Notes: Foreign currency translation (i)

Lecture Notes: Foreign currency translation (ii)

Workshop Exercise: Maldon Q&A

SSAP 20-Foreign currency translation

 

LECTURE 7: ACCOUNTING FOR GROUPS I (21 November 2008)

Lecture Notes: Accounting for group 1

                             Mozart workshop

 

LECTURE 8: ACCOUNTING FOR GROUPS I (28 November 2008)

Lecture Notes: Accounting for group 1 (cont.)

FRS 7

FRS 9

FRS 10

FRS 11

IAS 28

IAS 31

 

LECTURE 9: ACCOUNTING FOR GROUPS II (Merger Accounting) (5 December 2008)

Lecture Notes: Accounting for groups II

FRS 6

 

LECTURE 10: ACCOUNTING FOR GROUPS III (12 December 2008)

Lecture Notes: Accounting for groups III

 

 

Former Indicative Exam Solutions

Ac301 Summer 2008

Ac301 Summer 2007

Ac301 Summer 2006

Ac301 Summer 2005

Ac301 Summer 2004

 

Virginia Suggested Solution

Gambion Suggested Solution

 

 

Feedback on Autumn term coursework