Paper 6

T6 - Drafting Financial Statement
3rd Dec 2007
1500 hour / 3.00pm

BPP tips:

• Preparation of financial statements for a limited company/non-current assets
• Conceptual and regulatory framework/notes to the accounts
• Consolidated balance sheet/ratios
• Cash flow statement

random tips:

• F/S Purpose
• nature & purpose of conceptual framework (Dec 00 & June 03)
• Standard setting process (PT1)
• Goodwill IAS38
• Share & loan notes
  
• Definition
  
• Difference
• Advantages 7 disadvantages

• Cash Flow Statement
• Prepare
• comment!!
• Ratio
• Calculate
• compare/ analyse
• additional info (J05)
• prepare in report format(J05)
• Partnership!!
• a lot can be tested- focus!!
  
• sole to partner
• dissolution
• IAS-es - IAS 10, 16 , 37 , 38, 28(with CIS), 8
  

Let's not forget....
Thank You Ms Shanta
for your guidance
and LOVE!!

GOOD LUCK & GODSPEED!!