The Drafting and Interpreting of Financial Statements (DAIF) exam at AAT level 4 Diploma is similar to the previous financial statements exams undertaken with the AAT and the final level 4 exam with the ICB and CPAA for financial statement preparation.
Here we walk through a question that I have created to help you with your studies. You can use this video towards your revision and pause the video and rewind as needed.
Here is a link to my podia site where you can download the Excel file for free:
missfinancetutorials.podia.com/
DAIF Exam Requirements:
You’ll learn about drafting financial statements for single entities and relevant accounting standards and the consolidation of limited companies. You will also gain the skills to interpret the financial statements of limited companies, using ratio analysis.
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