Accounting for Companies

Course Code: DED9398
School: Stonebridge Associated Colleges UK

Description

This course is concerned with company accounts. We shall see how the basic profit and loss account and balance sheet is adapted and extended to deal with this type of business organization. We shall also consider the framework of regulations, legal and otherwise, that prescribe the way in which the accounts of limited companies are prepared and presented.

By the end of this course, you should be able to:

• explain the accountability requirements imposed on directors
• identify the main differences in accounting for companies as compared with accounting for sole traders
• prepare a set of final accounts including an appropriation account
• discuss the influence of law and the Stock Exchange in determining the the form and content of corporate financial reports
• explain the need for accounting standards in financial reporting

Outcomes

Accounting for Companies Certificate

Accounting for Companies Certificate issued by Stonebridge Associated Colleges, entitling you to use the letters SAC Cert after your name.

Assessment

After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

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