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Financial Reporting

Updated: Aug 19, 2021

Objectives This assessment item relates to the following unit learning outcomes: • Interpret and apply the AASB’s Framework for the Preparation and Presentation of Financial Statements. • Interpret the technical requirements and conceptual aspects of selected accounting standards that address fundamental issues in financial reporting.

Apply the requirements of relevant accounting standards, conceptual accounting knowledge and professional judgement, to solve routine accounting problems.

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