CPA- Intermediate Financial Reporting and Analysis

UNIT DESCRIPTION
This paper is intended to equip the candidate with knowledge, skills and attitudes that will
enable him/her to account for more complex financial transactions and to prepare as well as
analyse financial statements in the private and public sectors.
LEARNING OUTCOMES
A candidate who passes this paper should be able to:
 Account for various assets and liabilities
 Prepare financial statements including published financial statements for various types
of organisations
 Account for specialised transactions
 Prepare group financial statements
 Analyse and interpret financial statements
 Apply International Financial Reporting Standards (IFRSs) and International Public
Sector Accounting Standards (IPSASs) in preparing non-complex financial statements