Financial Accounting and Reporting

Course Methodology

Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing

Course Objectives

By the end of the course, participants will be able to:

•  List the basic financial statements and determine the best structure and presentation practices
•  Recognize important periodical adjustments and their effect on financial statements
•  Explain how to properly account for assets, liabilities, equity, revenues and expenses during recurrent and non-recurrent transactions
• Identify minimum disclosure requirements in the financial statements for major accounts of transactions
• Prepare financial statements starting from raw trial balance and ending with full comprehensive disclosures
  
  
  

Target Audience

Professionals in the field of finance and accounting, accountants at all levels seeking to enhance practical finance and accounting knowledge, and certified financial and accounting personnel.

Target Competencies

• Mapping trial balance accounts to financial statements accounts
• Practicing financial statements' notes preparation
• Realizing minimum disclosure requirements
• Applying International Financial Reporting Standards (IFRS)
• Using Excel and Pivot tables for reporting