KASNEB CPA Financial Reporting and Analysis Notes

Description

This financial reporting analysis revised notes is intended to equip the candidate with knowledge, skills and attitudes that will enable him/her to account for more complex transactions, prepare advanced financial statements and reports in the private and public sectors and demonstrate awareness of trends in accounting practice.

LEARNING OUTCOMES

A candidate who passes this paper should be able to:

• Prepare financial statements for subsidiaries, associates and jointly controlled entities in compliance with International Financial Reporting Standards (IFRSs) and International Public Sector Accounting Standards (IPSASs) as applicable
• Analyze financial statements for public and private sector entities
• Account for complex accounting transactions
• Apply ethical standards in accountancy work and practice