Financial Accounting and Reporting
By the end of the program, participants will be able to:
Understand important financial accounting topics and how to report them on the financial statements.
Properly account for assets, liabilities, equity, revenues and expenses.
Understand the annual report, management responsibilities for financial statements and auditors opinion.
Fully understand the structure, presentation and disclosure of the financial statements.
Interpret and report income and balance sheet accounts.
This Program is designed for:
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 or completion of Principles of Accounting.
Financial Statements and Business
Decisions |
Reporting and Interpreting Property,
Plant and Equipment; Natural Resources
and Intangibles |
| Accounting Systems
Four Key Financial Statements
Relationship among the Financial Statements
Management Uses of Financial Statements
|
Classifying Long-Lived Assets
Measuring and Recording
Accounting for Repair, Maintenance, and Additions
Depreciating and Amortization
Accounting for Disposal of Assets
Reporting and Accounting for Intangibles
|
Reporting and Interpreting Sales
Revenue, Receivables and Cash |
Reporting and Interpreting Owners
Equity |
| Accounting for Sales Revenues and Discounts
Measuring and Reporting Receivables
Cash and Cash Equivalents
|
Ownership of a Corporation
Types of Capital Stock
Accounting for Capital Stock
Stock Splits and Dividends
Treasury Shares
|
Reporting and Interpreting Cost of
Goods Sold and Inventory |
Reporting and Interpreting Investments
in Other Corporations
|
Nature of Inventory and Cost of Goods Sold
Inventory Costing Methods
Inventory Systems
|
Types of Investments
Accounting for Investments
Fair Value and Equity Methods
|
Reporting and Interpreting Liabilities |
|
| Liabilities Defined and Classified
Contingent Liabilities
|
|
