This paper is intended to equip the candidate with knowledge, skills and attitudes that will enable him/her account for complex accounting transactions and prepare advanced financial reports.
A candidate who passes this paper should be able to:
Prepare financial statements for subsidiaries, associates and jointly controlled entities in compliance with International Financial Reporting Standards (IFRSs) and International Public Sector Accounting Standards (IPSASs) as applicable
Analyse financial statements for public and private sector entities
Account for complex accounting transactions
Apply ethical standards in accountancy work and practice