ACCT71-303: Advanced Financial Accounting and Reporting

1. Evaluate International Financial Reporting Standards (IFRSs) or other relevant standards in the preparation of complex transactions. 2. Demonstrate professional judgment in the application of accounting policies used in the preparation of general-purpose financial statements in multifaceted scenarios. 3. Apply an integrated understanding of theoretical principles underlying accounting practice to complex accounting situations. 4. Critically evaluate current national and international developments relevant to standard setting and regulation related to external financial reporting. 5. Synthesise complex data from a variety of sources and perspectives through research, integration, and analysis to make professional recommendations related to a contemporary accounting and reporting. 6. Demonstrate the ability to provide comprehensive and relevant feedback to peers and reflect and adapt to feedback from peers regarding the performance of an advanced accounting task. 7. Communicate advanced accounting concepts and principles in a clear, concise writing style tailored to a professional audience. 8. Articulate complex accounting information to a diverse professional audience using appropriate visual aids.