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MODULE DESCRIPTOR
Module Title
Advanced Financial Reporting CIMA F2
Reference BS3372 Version 2
Created February 2017 SCQF Level SCQF 9
Approved May 2014 SCQF Points 20
Amended August 2017 ECTS Points 10

Aims of Module
To prepare, analyse and interpret financial statements of organisations and groups. It includes understanding of how to effectively source the long term finance required to fund the operations of organisations.

Learning Outcomes for Module
On completion of this module, students are expected to be able to:
1 Discuss types and sources of long-term finance for an incorporated entity and calculate a weighted average cost of capital (WACC) for an incorporated entity.
2 Produce consolidated primary financial statements, incorporating accounting transactions and adjustments, in accordance with relevant international accounting standards, in an ethical manner.
3 Demonstrate the impact on the preparation of the consoidated financial statement of certain complex group scenarios and discuss the need to and nature of disclosure of transactions between related parties and produce the disclosures for earnings per share.
4 Evaluate the financial performance, financial position and financial adaptability of an incorporated entity and discuss the limitations of ratio analysis.

Indicative Module Content
As per the CIMA F2 2015 Syllabus.

Module Delivery
The mode of delivery is Distance Learning - with a focus on the use of interactive online activities such as forums and chat rooms.

Indicative Student Workload Full Time Part Time
Contact Hours 20 20
Non-Contact Hours 180 180
Placement/Work-Based Learning Experience [Notional] Hours N/A N/A
TOTAL 200 200
Actual Placement hours for professional, statutory or regulatory body    

ASSESSMENT PLAN
If a major/minor model is used and box is ticked, % weightings below are indicative only.
Component 1
Type: Examination Weighting: 100% Outcomes Assessed: 1, 2, 3, 4
Description: Component one is the CIMA F2 Management level exam.

MODULE PERFORMANCE DESCRIPTOR
Explanatory Text
The module is assessed by one component: C1 - Examination - 100% weighting. This module is not graded. After a student has sat the CIMA examination, CIMA then provides the student with the result. This is recorded as P (Pass) after confirmation of a Pass mark has been received from CIMA.
Module Grade Minimum Requirements to achieve Module Grade:
Pass Demonstrates that the learning outcomes have been met.
Fail Fails to demonstrate that the learning outcomes have been met.
NS Non-submission of work by published deadline or non-attendance for examination

Module Requirements
Prerequisites for Module To have passed the relevant first and second year modules or equivalent.
Corequisites for module None.
Precluded Modules None.

ADDITIONAL NOTES
Core module material is provided online and comprises material from CIMAstudy.com, published by CIMA and Kaplan.

INDICATIVE BIBLIOGRAPHY
1 ELLIOTT, B. AND ELLIOTT, J., 2017. Financial Accounting and Reporting. 18th edition. Pearson Publishing, Cambridge.
2 KAPLAN, 2019. CIMA Complete Text: F2 Advanced Financial Reporting. Kaplan Publishing, Berkshire.

Robert Gordon University, Garthdee House, Aberdeen, AB10 7QB, Scotland, UK: a Scottish charity, registration No. SC013781