UNDERSTANDING AND ANALYSING FINANCIAL STATEMENTS AND REPORTS

COURSE OBJECTIVE

Financial statement is an especially important tool for a variety of uses of financial circumstances of the organization. After successful completion of this workshop, the participants will be able to understand the various information derived from financial statements, analyse the financial statements, and apply the information gained in taking relevant decisions.

COURSE CONTENT

The Accounting Framework

• Accounting Concepts and Process
• Accounts Code/Charts
• Bank Reconciliation and Suspense Accounts
• Recording Financial Transactions.

Financial Ratios Analysis

• Definition and terms
• Computing important Financial Ratios
• profitability Ratios
• Investors Ratios
• Liquidity Ratios
• Interpretation of Ratios
• Limitations of Ratios Analysis

Components of Financial Statements

• Income Statement
• Statement of Financial Position
• Cash flow Statement
• Notes to the Financial Statements

Preparation of Financial Statements

• Introduction to IFRS
• Presentation of Financial Statement
• Reporting
• Users of Financial Statements

FOR WHOM: Financial and Non – Financial Persons in Managerial Cadre both in Private and Public Organisations