Learners who complete the qualification successfully will be able to demonstrate a sound knowledge of the

regulatory and conceptual frameworks that are fundamental to the preparation of financial statements for

limited companies.

Successful completion of the qualification will give learners a knowledge and understanding of some of the

International Accounting Standards applied when drafting financial statements for a limited company, equip

learners with the skills required to draft financial statements for a single limited company, and prepare

consolidated financial statements for a group of companies.

On completing the qualification, learners will have progressed to the stage whereby they will be able to

prepare and present financial statements, calculate a variety of accounting ratios used to measure

profitability, liquidity, resource utilisation, risk, as well as ratios used by investors who buy shares in a

company. They will also be able to interpret ratios by using them to appraise the financial performance of a

limited company.