This course is the culmination of Intermediate Financial Accounting cluster. It deals with the presentation of general-purpose financial statements in accordance with Philippine Financial Reporting Standards (PFRS, PASs) including Statement of Financial Position, Statement of Comprehensive Income, Statement of Changes in Owners’ Equity, and Statement of Cash Flows, including the required disclosures and notes to the financial statements. It also covers reconstruction of accounts from incomplete records, cash basis to accrual accounting, single-entry system, accounting change, correction of errors, interim reporting, segment reporting, discontinued operation, book value per share, earnings per share, accounting for changing prices and application of PFRS for SMEs.
- Teacher: JOHN LINDY SORIANO
- Enrolled students: No students enrolled in this course yet