The training course will take the viewpoint of the senior officer, manager or financial analyst. The purpose of the course is not to prepare participants to appreciate and understand how financial reports are prepared so as to be able to assist in the decision making process. The course seeks to develop the basics of each topic, explore its implications through examples and case studies and incorporate the topic into the framework of the accounting process and financial statements. This course assumes that success in the business world as a manager, investor, creditor, or public accountant requires an understanding of the interplay between a company’s corporate strategy and its corporate financial reporting policies and practices. The training course will stresses the evaluation and interpretation of published financial statements and the impact of various accounting methods on the reported results of companies. In dealing with financial reports the course will cover aspects of generally accepted accounting principles (GAAP) and international accounting standards (IAS). The course also seeks to provide participants with general skills in writing financial reports of a wide nature.
The aims of this events are to:
Upon completion of the training course, participants should be able to:
Introduction to effective financial report writing
Understanding Financial Information
The General Structure of Financial reports
Preparation for report writing
Profit and Loss Statement
Cash Flow Statement
Financial Statement Analysis
Management Accounting Reports
Capital Budget and Investment Decision
Special Financial Reports
A mixture of short presentations, interactive discussion, individual exercises and group work. The emphasis throughout is on a practical approach using case material and examples.