AF705 Corporate Reporting (D/615/3319) Assignment Brief 2026
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AF705 Corporate Reporting (D/615/3319) Assignment Brief 2026
AF705 Assignment Brief
| Qualification | Qualifi Level 7 Diploma in Accounting and Finance: 603/0723/7 |
|---|---|
| Unit Code | AF705 |
| Unit Title | Corporate Reporting |
| Unit Reference | D/615/3319 |
| Credits | 20 |
| TQT | 200 |
| GLH | 80 |
Assignment Aim
The aim of this unit is to help learners in the preparation and interpretation of financial statements for a group of companies where they are prepared in accordance with generally accepted accounting principles and to understand and evaluate the key aspects of accounting theory. On completion of the unit learners will be able to communicate complex numerical and qualitative information effectively and solve problems in a selective and critical manner.
Learning Outcomes and Assignment Criteria
| Learning Outcomes | Assessment Criteria |
| To achieve this unit a learner must be able to: | Assessment of these outcomes demonstrates the learner can: |
| 1: Identify and understand the main sources of regulatory framework. | 1.1: Identify the main sources of the regulatory framework. |
| 1.2: Identify and explain on the use of accounting information. | |
| 1.3: Identify and explain on the exploitation of accounting information. | |
| 2: Explain the significance and the general impact of regulatory framework on the businesses. | 2.1: Identify and explain the impact of regulatory framework on businesses. |
| 3: Identify and assess accounting concepts and theories. | 3.1: Identify the accounting concepts and conventions. |
| 3.2: Assess the concepts and theories identified. | |
| 4: Understand how to implement accounting calculations and information. | 4.1: Identify appropriate accounting calculation and implement the computation |
| 5: Critically evaluate and interpret the accounting information. | 5.1: Interpret accounting information gathered. |
| 5.2: Critically assess the accounting information gathered. | |
| 6: Be able to study and criticise on specific accounting regulations. | 6.1: Identify specific accounting regulations on a chosen sector. |
| 6.2: Critically analyse the specific accounting regulations identified. | |
| 7: Identify and appraise key accounting policies and practices within corporate accounting. | 7.1: Identify and evaluate key accounting practices and policies. |
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