Page 56 - CAPE Financial Services Syllabus Macmillan_Neat

UNIT 2
MODULE 3: FINANCIAL REPORTING

GENERAL OBJECTIVES
On completion of this Module, students should:
1. have a working knowledge of best practices in international financial services management;
2. be aware of information technology systems which are used to comply with the requirements

of the international financial services industry and to support decisions;
3. understand the process of financial services methodologies;
4. demonstrate an appreciation for the principles applied to financial reporting; and,
5. know the appropriate tools and techniques for financial reporting.

SPECIFIC OBJECTIVES CONTENT
Students should be able to:
1. describe the elements of the Elements of the financial reports:

financial reports; (a) general purpose financial statements;
(b) notes;
2. state the rules governing (c) audit certificates; and,
accounting records, inspections (d) management discussion and analysis.
and audits;
Rules governing accounting records, inspections and
audits:
(a) Minimum requirements of the internal audit

charter as explained by Bank for
International Standards. (BIS)
(b) Key features of the internal and external
audit functions:
(iii) independence and objectivity;
(iv) professional competence and due

professional care; and,
(v) professional ethics.
(c) Audits from regulatory agencies.

CXC A38/U2/16 51