10 Questions
Who are examples of people interested in receiving financial accounting information?
Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders.
What is financial accounting?
Financial accounting is a branch of accounting concerned with the summary, analysis and reporting of financial transactions related to a business.
What is IFRS?
International Financial Reporting Standards (IFRS) is a set of accounting standards stating how particular types of transactions and other events should be reported in financial accounting.
What governs financial accountancy?
Financial accountancy is governed by both local and international accounting standards.
What is GAAP?
Generally Accepted Accounting Principles (GAAP) is the standard framework of guidelines for financial accounting used in any given jurisdiction.
What is the criteria to get a certificate for the course?
Average assignment score = 25% of average of best 8 assignments out of the total 12 assignments given in the course. Exam score = 75% of.
When are the date and time of the certification exams?
25 April 2021, Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.
What is the fee for the optional certification exam?
The fee for the optional certification exam is Rs 1000/- (Rupees one thousand only).
What is the process to obtain a certificate for the course?
Register, write the proctored exam in person at any designated exam centre, and pay the certification exam fee after filling the online registration form.
Where can one find more details about the certification exam registration and the cities where the exams will be held?
More details will be made available when the exam registration form is published. Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form, etc.
Test your knowledge of financial accounting with this quiz! Challenge yourself with questions about financial statements, transactions, reporting, and stakeholders. See how well you understand the summary and analysis of business financial activities.
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