Financial Analysis And Financial Reporting Skills

Start Date: 25 Aug 2024
End Date: 29 Aug 2024
Duration: 5
Fees:
Country: London / UK
Category: Finance, Accounting & Investment
Details:

Course Objective

By the end of the program, 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.

•           Interpret and report income statement and balance sheet accounts.





Who Should attend?

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


Course Outline

Financial Statements and Business Decisions Reporting and Interpreting Liabilities

•Accounting and Financial Systems

• Liabilities Defined and Classified

•Four Key Financial Statements

• Accounting for Contingent Liabilities

•Relationship among the Financial Statements

•Management Uses of Financial Statements

 

Reporting and Interpreting Owners’ Equity The Need for Financial Reporting

• Ownership of a Corporation

•Types of Capital Stock

•The Evolving Role of Financial Accountants

• Accounting for Capital Stock

•Transparency in Financial Reporting

• Stock Splits and Dividends

•The Concept of Quality of Earnings

• Accounting for Treasury Shares

•Corporate Annual Reports

•Segment Reporting and Analysis

Reporting and Interpreting Investments

•Management Discussion and Analysis

• Types of Equity and Debt Investments

Reporting and Interpreting Sales Revenue,

• Accounting for Investments
   Receivables and Sales Returns

• Fair Value and Equity Methods

•Accounting for Sales Revenues, Sales Discounts

•Measuring and Reporting Receivables

•Cash and Cash Equivalents

 

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

•Accounting for Natural Resources


The Kuwait Institute For Career Development