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
17 StepsThe Regulatory Environment - Intro
07m 28sThe Regulatory Environment - Intro
5 QuestionsRegulatory Framework
10m 18sRegulatory Framework
5 QuestionsConceptual Framework
10m 03sConceptual Framework
5 QuestionsDuties 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 QuestionsProfessionalism, Ethical Codes and the Public Interest
14m 17sProfessionalism, Ethical Codes and the Public Interest
5 QuestionsModule Summary Notes
Financial Statements
33 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 - Part 1
17m 13sIAS 16 - Property, Plant and Equipment - Part 1
5 QuestionsIAS 16 - Property, Plant and Equipment - Part 2
15m 50sIAS 16 - Property, Plant and Equipment - Part 2
5 QuestionsIAS 16 - Property, Plant and Equipment - Part 3
15m 19sIAS 16 - Property, Plant and Equipment - Part 3
5 QuestionsIAS 38 - Intangible Assets - Part 1
10m 30sIAS 38 - Intangible Assets - Part 1
5 QuestionsIAS 38 - Intangible Assets - Part 2
13m 31sIAS 38 - Intangible Assets - Part 2
5 QuestionsIAS 38 - Intangible Assets - Part 3
16m 18sIAS 38 - Intangible Assets - Part 3
5 QuestionsIAS 38 - Intangible Assets - Part 4
15m 30sIAS 38 - Intangible Assets - Part 4
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 QuestionsIAS 10 - Events After the Reporting Period
12m 59sIAS 10 - Events After the Reporting Period
5 QuestionsModule Summary Notes
Preparing Financial Statements
24 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
3 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 QuestionsModule Summary Notes
Principles 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 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 09sEthics of Taxation
5 QuestionsModule Summary Notes
Managing Cash and Working Capital
27 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
5 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 QuestionsModule Summary Notes