Module 11 - Financial Reporting
This module enables students to develop a thorough understanding and the ability to apply the appropriate principles and practices of financial reporting, including professional accounting standards, financial accounting and external reporting. Students gain a thorough understanding of how financial reporting affects business activities, business transactions and the production of financial statements and disclosure notes at both individual company and group levels.
| Syllabus area | Weight (%) |
|---|---|
| Explain and apply the financial reporting framework in Hong Kong | 5-10 |
| Apply appropriate accounting principles and concepts to account for business transactions | 10-25 |
| Evaluate and advise on appropriate accounting principles to account for complex business transactions | 30-45 |
| Prepare, present and appraise group financial statements with complex | 25-35 |
| Describe the current issues and developments in financial reporting | 2-5 |
| Describe and apply the concept of ethics where it is appropriate to adopt ethical stances for professional accountants in business | 5-10 |
For detailed syllabus and proficiency level of the learning outcomes, please click here.
For Pilot Examination Paper of Module 11, please click here.
