This course comprises 2 units. In the first unit, learners will develop and enhance skills, knowledge and understanding relating to the preparation of complex financial accounting information for public limited companies. They will carry out learning activities that allow them to investigate, analyse and report on the organisation’s current financial position and performance. Learners will gain an in-depth understanding of the regulatory framework governing published financial statements. In the second unit, learners will develop and enhance skills, knowledge and understanding relating to the provision of internal accounting information, and the ability to use a range of complex accounting techniques. They will carry out a range of learning activities to identify and calculate costs. Learners will gain an in-depth understanding of the significant impact that management accounting information has on the planning, control and decision-making within a business. This will give learners the opportunity to provide solutions which can assist in future business financial planning.
NOTE: A new version of this study guide will be produced in August 2019 to incorporate SQA updates for 2019-20 and will replace this publication.