FAC4861/3 FINANCIAL ACCOUNTING ITOPIC 1

Slide Number 2

Overview

Overview

Prescribed Study Material

Outcomes

Purpose of financial statements (IAS 1 par .09–.10)

Financial statements structure and content

General features of financial statements

Statement of profit or loss and other comprehensive income (IAS 1 par .81A–.81B)

Statement of profit or loss and other comprehensive income (IAS 1 par .81A–.81B)

Other comprehensive income (OCI) section (IAS 1 par .82A)

Other comprehensive income (OCI) section (IAS 1 par .82A)

Structure and content: Statement of changes in equity (IAS 1 par .106–.110)

Structure and content: Notes to the financial statements (IAS 1 par .112–.138)

Structure and content: Notes to the financial statements (IAS 1 par .112–.138)