COURSE OVERVIEW

This practical and highly-interactive course includes real-life case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. 

 

This course is designed to provide delegates with a detailed and up-to-date overview of financial accounting and reporting. It covers the business context and key principles, purpose of financial accounting and reporting, key principles in corporate governance and building a winning business model; the key concepts in financial accounting, structure of financial accounting systems, fundamentals of financial reporting and creative accounting, scandals and fraud; and the statement of financial position and income statement, the IASB conceptual framework, statement of financial position including purpose structure and presentation, tangible and intangible assets and financial assets and liabilities. 

Further, the course will also discuss the inventories, statement of changes in equity including purpose structure and presentation, income statement with purpose structure and presentation and revenue recognition principles; and the statement of cash flows and group reporting, statement of cash flows including purpose structure and presentation, understanding business cash flow drivers, equity capital and debt capital; leases, optimizing working capital, cash flow forecasting techniques and group accounts with purpose structure and presentation. 

During this interactive course, participants will learn the financial reports covering fundamentals of analyzing financial reports, the shareholder value concept and measuring and managing profitability; the measuring and managing liquidity, the effect of gearing on risk and shareholder value, predicting corporate distress and failure, forecasting financial performance and financial position; and design and present effective financial reports including the limitations of financial reports, designing effective internal business report, incorporating excel graphics in internal reports, developing and using business dashboards, making effective financial presentations, developments in integrated reporting and integrated reports: purpose, structure and presentation.