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

• Recognize important financial accounting topics and how to report them on financial statements
• Properly account for assets, liabilities, equity, revenues, and expenses
• Prepare financial statements with the required notes and disclosures in periodic financial reports
• Recognize the need for transparency in reporting of financial statements and management reports
• Determine the structure, presentation and disclosure of financial statements and annual reports

Content

Financial Statements, Business Decisions Reporting, and Interpreting Liabilities

• Accounting and Financial Statements
• Key Financial Statements
• Relationship among the Financial Statements
• Management Uses of Financial Statements
• Liabilities Defined and Classified

Reporting and Interpreting Owners’ Equity

• Ownership of a Corporation
• Types of Capital Stock
• Transparency in Financial Reporting
• Stock Splits and Dividends
• Corporate Annual Reports
• Segment Reporting and Analysis

Reporting and Interpreting Sales Revenue

• Accounting for Investments
• Receivables and Sales Returns
• Fair Value and Equity Methods
• Accounting for Sales Revenues and Sales Discount
• Measuring and Reporting Receivables
• Cash and Cash Equivalents

Reporting and Interpreting Investments

• Management Discussion and Analysis
• Types of Equity and Debt Investments

Reporting and Interpreting Cost of Goods Sold and Inventory

• Nature of Inventory and Cost of Goods Sold
• Inventory Costing Methods
• Inventory Valuation and Write Down

 Reporting and Interpreting Property, Plant and Equipment, Natural Resources and Intangibles

• Classifying Long-Lived Assets
• Measuring and Recording Fixed Assets
• Accounting for Subsequent Costs of Repairs, Maintenance and Additions
• Depreciation and Amortization
• Accounting for Disposal of Assets
• Reporting and Accounting for Intangibles

For whom: Directors, Financial Controllers, Accountants, Auditors, Finance and Accounting Professionals, Finance Managers/ Supervisors, Business Development Managers, Decision Makers, Management Accountants/Staff, Stakeholders and others who seek to enhance practical finance and accounting knowledge.

Course Booking

Please use the “book now” or “inquire” buttons on this page to either book your space or make further enquiries.