Unit 11 Drafting Financial Statements (Accounting Practice, Industry and Commerce)
Course Summary
This unit is about drafting and interpreting financial statements of limited companies and contains two elements:
- Draft limited company financial statements
- Interpret limited company financial statements
The first element is about drafting limited company year-end financial statements from a trial balance. Candidates are responsible for ensuring that the financial statements comply with any relevant domestic legislation, in addition to either the relevant UK standards or the International Accounting Standards.
The second element requires interpretation of financial statements of companies and the relationships between the elements using ratio analysis.
Related links
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Brochures download
- AAT classroom and distance learning brochure
- After your AAT