Financial Accounting and Reporting

Introduction

With the rapid developments in accounting standards, regulations, and industry practices, individuals need continuous training in order to keep abreast of all the changes. They also need to improve the quality of financial reporting by recording, reporting and disclosing regular and unusual business transactions. ” Financial Accounting and Reporting ” is a training course prepared and facilitated by professionals who not only master the theoretical facts of academia, but who also have a solid and practical global experience.

Course Objectives

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

Recognize important financial accounting topics and how to report them on financial statements.
List the basic financial statements and determine the best structure and presentation practices
Recognize important periodical adjustments and their effect on financial statements
Recognize the need for transparency in reporting of financial statements and management reports.
Report and interpret income statement and balance sheet accounts.
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

Approved Certificate from