Update: CAP2 Financial Reporting mind maps

CAP2 Financial Reporting isn’t a subject that many visual learners find easy. Read through these mind maps alongside your current textbook and notes, and use the combination of both your own notes and mind maps to visualise the study material.

[Update: these mind maps are no longer updated and are currently not for sale. If they’re something you’d like to see for sale again, please get in touch and let us know.]

Here’s what you get when you buy the mind maps….

Regulatory Framework

IASB Conceptual Framework

Measurement Bases

Conceptual Framework – Relevance and Faithful Representation

Conceptual Framework – Enhancing Characteristics of Financial Statements

Accounting Policies vs Accounting Estimates

Recognition

Revenue Recognition

Substance over Form

Historical Cost vs Current Cost

Tangible Non-Current Assets

Depreciation

Investment Property

Intangible Assets

Government Grants and Government Assistance

Goodwill

Construction Contracts

Leases

Inventory

Provisions

Current Tax

Deferred Tax

Financial Statements

Statement of Financial Position

Statement of Comprehensive Income

Statement of Cash Flows

Statement of Changes in Equity

Disclosure Notes

Discontinued Operations

Earnings Per Share – EPS

Subsequent Events

Accounting Policies, Changes in Accounting Estimates and Errors

Related Parties

Consolidated Financial Statements

The Consolidation Process

Splitting Profits and Reserves

Consolidated Financial Statements – Goodwill

Intra Group Trading

Associates

Limitations of Financial Statements