Financial Reporting

Financial Reporting

Key details

Mode of delivery: Classroom-based

Course code: AFB41B

Duration: 1 day

Fee: £915.00 + VAT

CPD Hours: 6

Course Overview

This course covers the key objectives of financial reporting, focusing on how to appropriately classify income and expenses in financial statements, as well as the proper treatment of assets and liabilities. Participants will gain practical insights and theoretical knowledge to accurately represent financial elements, enhancing their understanding of financial reporting standards and their real-world application.

Agenda

Financial Reporting
  • Understanding the main objectives of Financial Reporting
  • Deciding how to treat Income and Expenses in financial statements
  • Deciding how to treat assets and liabilities in financial statements
Course Review
  • Summary and recap of key learning objectives
  • Action Planning

Target Audience

This course is suitable for a wide range of professionals but will be of real value to experienced or new or aspiring:
  • Finance Managers and Financial Controllers
  • Accountants and Auditors responsible for preparing or reviewing financial statements
  • Corporate Finance Teams transitioning to or already reporting under IFRS
  • Regulatory and Compliance Officers
  • Internal Audit Professionals
  • Consultants and Advisors working in financial reporting or corporate governance
  • Senior Managers and Executives involved in strategic financial decision-making
  • Professionals working in multinational organizations that require understanding of global financial reporting standards

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:
  • Identify the main objectives of financial reporting and how they guide the preparation of financial statements.
  • Determine appropriate treatments for income and expenses in accordance with IFRS.
  • Apply IFRS principles to assets and liabilities, ensuring accuracy and compliance.

Categories

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