This course covers advanced aspects of financial reporting. Topics includes non-current assets held for sale, cash flow, impairment, investment property, intangible assets, financial instruments, leases, event after the reporting report, provisions and contingent liabilities, revenue recognition, deferred income taxes, business combination and consolidated financial statements, associates and joint-ventures. Emphasis is placed on the theoretical background and critical appraisal of different reporting methods and issues. Local business environment and legal requirements are referred to within the discussions.