Financial Statements for Limited Companies

AAT Level 4

Session 1

Purpose of Financial Statements; Introduction to Limited Company Financial Statements

​LESSON

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Types of Business Organisations

Class Exercise

Model Answer

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Fundamental Ethical Principles

Class Exercise

Model Answer

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Ethical Threats

Class Exercise

Model Answer

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Limited Company Financial Statements

Worked Example

Model Answer

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Exercise 1

Model Answer

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Exercise 2

Model Answer

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Exercise 3

Model Answer

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Exercise 4

Model Answer

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Session 2

Published Financial Statements of Limited Companies; Accounting for Assets

​LESSON

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Statement of Change in Equity

Worked Example

Model Answer

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Exercise 1

Model Answer

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Exercise 2

Model Answer

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Calculating Depreciation

Worked Example

Model Answer

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Exercise 1

Model Answer

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Exercise 2

Model Answer

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Change in Useful Life

Worked Example

Model Answer

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Exercise 1

Model Answer

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Exercise 2

Model Answer

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Impairment Review

Worked Example

Model Answer

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Exercise 1

Model Answer

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Exercise 2

Model Answer

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Finance Lease

Worked Example

Model Answer

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Exercise 1

Model Answer

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Session 3

Accounting for Liabilities and the Statement of Profit and Loss; Statement of Cash Flow

LESSON

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IAS 12

Worked Example

Model Answer

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Exercise 1

Model Answer

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Exercise 2

Model Answer

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Provisions, Contingent Liabilities and Contingent Assets

Exercise

Model Answer

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IAS 37

Worked Example

Model Answer

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Exercise 1

Model Answer

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Exercise 2

Model Answer

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Statement of Cash Flow

IAS 7 Operating Activities

Worked Example

Model Answer

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Exercise 1

Model Answer

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Exercise 2

Model Answer

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Session 4

Interpretation of Financial Statements; Consolidated Financial Statements

​LESSON

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Accounting Ratios

Note

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Worked Example

Model Answer

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Exercise 1

Model Answer

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Exercise 2

Model Answer

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Consolidated Statement of Financial Position

Worked Example

Model Answer

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Exercise 1

Model Answer

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Exercise 2

Model Answer

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Consolidated Statement of Profit and Loss

Worked Example

Model Answer

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Exercise 1

Model Answer

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Exercise 2

Model Answer

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Session 5

Financial Statements for Limited Companies Revision 1

Financial Statements for Limited Companies Sample Assessment 1

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Paul's Annotated Model Answer

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Financial Statements for Limited Companies Osborne Practice Assessment 1

Osborne Practice Assessment 1

Model Answer

Paul's Annotated Model Answer

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Session 6

Financial Statements for Limited Companies Revision 2

Financial Statements for Limited Companies Sample Assessment 2

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Paul's Annotated Model Answer

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Financial Statements for Limited Companies Osborne Practice Assessment 2

Osborne Practice Assessment 2

Model Answer

Paul's Annotated Model Answer

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