Page 29 - SBR Integrated Workbook STUDENT S18-J19

Chapter 3

Performance reporting and performance

appraisal

Outcome

By the end of this session you should be able to:

 critically discuss and apply the definitions of the elements of financial
statements and the reporting of items in the statement of profit or loss and other
comprehensive income

 discuss and apply the judgements required in selecting and applying accounting
policies, accounting for changes in estimates and reflecting corrections of prior
period errors

 outline the principles behind the application of accounting policies and
measurement in interim reports

and answer questions relating to these areas.

The underpinning detail for this chapter in your Integrated Workbook can
be found in Chapter 3 of your Study Text

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