Financial Reporting

This book is in Certified Public Accountants category

Author:

We are glad to present this new edition of Financial Reporting Study Text to candidates and lecturers appearing in CPA PART II Section 3.

This Study Text has been prepared on the basis of the revised syllabus that was carried out by KASNEB in 2018.

This paper is intended to equip the candidate with knowledge, skills and attitude that will enable him/her to apply financial management techniques in business.

For adequate preparation of the final examination, we advise the candidates to use this Study Text together with our CPA Section 3 Financial Reporting Revision Partner. This text book is comprehensive in scope and it expounds all the Financial Reporting concepts that the candidate is required to master at this level.

This book is intended to equip the candidate with knowledge, skills and attitudes that will enable him/her to prepare financial statements for various entities and account for specialised transactions in both the public and private sectors. The candidate who successfully passes this paper should be able to, account for various assets and liabilities, prepare financial statements including published financial statements for various types of organisations, account for specialised transactions, prepare group financial statements, and apply International Financial Reporting Standards (IFRSs) and International Public Sector Accounting Standards (IPSASs) in preparing non-complex financial statements.