| CODE | ACC2293 | ||||||
| TITLE | Financial Reporting and the Public Sector (3) | ||||||
| UM LEVEL | 02 - Years 2, 3 in Modular Undergraduate Course | ||||||
| MQF LEVEL | 5 | ||||||
| ECTS CREDITS | 4 | ||||||
| DEPARTMENT | Accountancy | ||||||
| DESCRIPTION | This study-unit will examine the requirements of international financial reporting standards that deal with borrowing costs, revenue recognition, leasing and related party disclosures. The study-unit will emphasise the financial reporting requirements of accounting standards applicable to the public sector concerning consolidations and financial instruments. Study-unit Aims: The aim of this study-unit is to build upon prior knowledge of students reading for the BA (Hons)Public Sector Accounting by introducing them to further accounting standards relating to specialised areas, in particular, borrowing costs, revenue, leases, associates and joint ventures, consolidations, related party disclosures and financial instruments, with particular reference to the Public Sector. Learning Outcomes: 1. Knowledge & Understanding By the end of the study-unit the student will be able to interpret IPSASs relating to specialised aspects of financial statements. 2. Skills By the end of the study-unit the student will be able to apply IPSASs relating to borrowing costs, revenue, leases, associates and joint ventures, consolidations, related party disclosures and financial instruments. Main Text/s and any supplementary readings: - Alan Melville, International Financial Reporting, A Practical Guide, (latest edition), FT Prentice Hall. - International Public Sector Accounting Standards (available from www.ifac.org). |
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| ADDITIONAL NOTES | This study-unit is offered to BA (Hons) Public Sector Accounting students only. Pre-requisite Study-units: ACC2292 |
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| STUDY-UNIT TYPE | Lecture | ||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Marelaine Mercieca Daniel Borg |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years. |
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