Business and technology qualifications, Levels 3-6, in Brussels. Explore qualifications
Portal login
Level 7 Diploma in Accounting and Finance

Corporate Accounting Policies and Application

AF702 · Corporate Reporting — Week 4 of 16

CourseAF702
Week4 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Corporate Accounting Policies and Application

  1. Revenue recognition from contracts with customers
  2. Leases accounting and liabilities presentation
  3. Provisions, contingent assets, and liabilities
  4. Selection and changes in accounting policies and estimates
  5. Financial Reporting Update Webinar June 2018

What you will be able to do

  • 2.1 Explain key accounting concepts, principles and theories.
  • 2.2 Analyse the importance of accounting concepts, principles and theories.
  • 4.1 Explain specific policies, practices and regulations within corporate accounting.

Activity

Start with this week’s video, then: Seminar, guided reading and a short written task: explain key accounting concepts, principles and theories.

Study materials

Videos

  • Financial Reporting Update Webinar June 2018 · YouTube · BDO LLP · 40 min · for registered students
  • Webcast: Learn about proposed targeted improvements to requirements for provisions · YouTube · IFRS Foundation · 12 min · for registered students

Further resources

  • Intermediate Financial Accounting Vol. 1, Lyryx 2021-A, ch. 5: Revenue · PDF · Other, textbook chapter; pp. 137–168 · for registered students
  • Intermediate Financial Accounting Vol. 2, Lyryx 2021-A, ch. 17: Leases · PDF · Other, textbook chapter; pp. 193–242 · for registered students
  • FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (September 2024) · PDF · Frc, framework · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 3Week 5
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Regulatory Frameworks in Corporate Reporting
  • Week 2: Abuse, Creative Accounting, and Ethical Failures
  • Week 3: Conceptual and Theoretical Underpinnings of Accounting
  • Week 4: Corporate Accounting Policies and Application
  • Week 5: Preparation of Primary Financial Statements
  • Week 6: Group Financial Reporting and Consolidation
  • Week 7: Financial Performance Interpretation and Ratio Analysis
  • Midterm: Midterm evaluation
  • Week 9: Critical Assessment of Published Corporate Reports
  • Week 10: Sector-Specific Accounting Frameworks
  • Week 11: Critical Evaluation of Specialized Industry Accounting
  • Week 12: Applying Corporate Reporting in practice: case studies
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
Back to the course
Scroll