What do you learn in F1?
• Who the regulators are, what they do and why and how regulations are applied.
• How to prepare basic financial statements using financial reporting standards.
• How to distinguish between types of taxes, calculate corporation taxes and issues affecting taxation.
• What tools are used to ensure that the organisation has enough cash to ensure its continuing operations.
Regulatory Environment of Financial Reporting
14 StepsThe Regulatory Environment - Intro
Try for freeThe Regulatory Environment - Intro
Try for freeRegulatory Framework
Try for freeRegulatory Framework
Try for freeConceptual Framework
Try for freeConceptual Framework
Try for freeDuties and Responsibilities of those Charged with Governance
07m 14sDuties and Responsibilities of those Charged with Governance
5 QuestionsStakeholder Analysis and Social Responsibility
14m 11sStakeholder Analysis and Social Responsibility
5 QuestionsGovernance Scope and Approaches
10m 34sGovernance Scope and Approaches
5 QuestionsPublic Sector Governance
04m 18sPublic Sector Governance
5 QuestionsFinancial Statements
18 StepsPreparing Basic Financial Statements
13m 33sPreparing Basic Financial Statements
5 QuestionsQualitative Characteristics of Financial Information
09m 20sQualitative Characteristics of Financial Information
5 QuestionsIAS 16 - Property, Plant and Equipment
17m 13sIAS 16 - Property, Plant and Equipment
5 QuestionsIAS 36 - Testing CGUs for Impairment
14m 06sIAS 36 - Testing CGUs for Impairment
5 QuestionsIAS 2 - Inventories
11m 19sIAS 2 - Inventories
5 QuestionsIFRS 5 - Non-current Assets Held For Sale and Discontinued Operations
17m 05sIFRS 5 - Non-current Assets Held For Sale and Discontinued Operations
5 QuestionsIFRS 16 - Leases - Key Terms and Initial Measurement
13m 35sIFRS 16 - Leases - Key Terms and Initial Measurement
5 QuestionsIFRS 16 - Leases - Subsequent Measurement
17m 16sIFRS 16 - Leases - Subsequent Measurement
5 QuestionsIFRS 16 - Leases - Accounting for Sale and Leaseback Transactions
07m 02sIFRS 16 - Leases - Accounting for Sale and Leaseback Transactions
5 QuestionsPreparing Financial Statements
23 StepsPreparing Basic FS
13m 50sPreparing Basic FS
5 QuestionsStatement of Cashflows
18m 51sStatement of Cashflows
5 QuestionsGroups and the Consolidated Statement of Financial Position
13m 04sGroups and the Consolidated Statement of Financial Position
5 QuestionsConsolidated Statement of Profit & Loss
07m 16sConsolidated Statement of Profit & Loss
5 QuestionsGroups & Mid-year Acquisitions
07m 24sGroups & Mid-year Acquisitions
5 QuestionsSingle Entity Financial Statements - part 1
15m 51sSingle Entity Financial Statements - part 2
09m 04sSingle Entity Financial Statements
10 QuestionsIAS 7 - part 1
08m 19sIAS 7 - part 1 - quiz
5 QuestionsIAS 7 - part 2
12m 06sIAS 7 - part 2 - quiz
5 QuestionsIAS 7 - part 3
11m 10sIAS 7 - part 3 - quiz
5 QuestionsIAS 7 - part 4
13m 13sIAS 7 - part 4 - quiz
5 QuestionsIAS 7 - part 5
08m 55sIAS 7 - part 5 - quiz
5 QuestionsPrinciples of Taxation
29 StepsThe Scope of Income Tax
09m 06sThe Scope of Income Tax
10 QuestionsThe Scope of Corporation Tax
07m 04sThe Scope of Corporation Tax
5 QuestionsIntroduction to Inheritance Tax
10m 15sIntroduction to Inheritance Tax
5 QuestionsThe Scope of Capital Gains
02m 22sThe Scope of Capital Gains
5 QuestionsBasic Computation of VAT Liability
07m 26sBasic Computation of the VAT Liability
5 QuestionsVAT Administration
10m 34sVAT Administration
5 QuestionsStamp Taxes
02m 10sStamp Taxes
5 QuestionsTaxable Total Profits
05m 13sTaxable Total Profits
5 QuestionsTrade Profits
17m 25sTrade Profits
5 QuestionsCapital Allowances for Companies
07m 35sCapital Allowances for Companies
6 QuestionsCorporation Tax Liabilities
03m 25sCorporation Tax Liabilities
10 QuestionsThe UK Tax System and its Administration
12m 25sThe UK Tax System and its Administration
5 QuestionsOverseas Aspects
08m 13sOverseas Aspects
5 QuestionsTransfer Pricing and Thin Capitalisation
03m 12sTransfer Pricing and Thin Capitalisation
5 QuestionsEthics of Taxation
05m 09sManaging Cash and Working Capital
26 StepsSources of Finance
20m 14sSources of Finance
5 QuestionsThe Nature and Role of Financial Markets and Institutions
12m 17sThe Nature and Role of Financial Markets and Institutions
5 QuestionsIntroduction to Working Capital
08m 14sIntroduction to Working Capital
5 QuestionsWorking Capital Cycle
13m 28sWorking Capital Cycle
5 QuestionsManagement of Inventory
11m 11sManagement of Inventory
15 QuestionsManagement of Receivables and Payables
08m 22sManagement of Receivables and Payables
5 QuestionsAnalysing and Interpreting Financial Statements - Overview
08m 11sAnalysing and Interpreting Financial Statements - Overview
5 QuestionsAnalysing and Interpreting Financial Statements - Inventory
06m 26sAnalysing and Interpreting Financial Statements - Inventory
5 QuestionsAnalysing and Interpreting Financial Statements - Receivables and Payables
09m 16sAnalysing and Interpreting Financial Statements - Receivables and Payables
5 QuestionsFinance for Small and Medium-sized Entities
12m 16sFinance for Small and Medium-sized Entities
5 QuestionsNature of Risk and Approaches to Risk Management
09m 01sNature of Risk and Approaches to Risk Management
5 QuestionsDetermining Working Capital Needs and Funding Strategies
18m 16sDetermining Working Capital Needs and Funding Strategies
5 QuestionsCash Budgets
14m 35sCash Budgets
5 Questions