MGT401 – Financial Accounting II Book

MGT401 – Financial Accounting II builds upon the foundational knowledge gained in Financial Accounting I, expanding on more advanced topics in the field of accounting. This course covers complex areas such as accounting for partnerships, corporations, long-term investments, and business combinations. Students will dive deeper into understanding financial statements, including the balance sheet, income statement, and cash flow statements, as well as learning how to analyze and interpret these reports in the context of managerial decision-making.

The course focuses on accounting for advanced financial transactions, including leases, pensions, and income taxes, and their impact on financial reporting. Furthermore, students will explore international financial reporting standards (IFRS) and how they differ from local accounting standards, enabling them to work in a global business environment.

Throughout the course, students will develop the skills needed to prepare and present financial information that is crucial for business decisions, ensuring compliance with legal requirements and accounting principles. By the end of the course, students will be able to demonstrate proficiency in accounting for various business transactions and interpret financial statements accurately.

Order MGT401 – Financial Accounting II now through VU Bookshop Online and deepen your understanding of advanced financial accounting at Virtual University.