Financial Accounting & Reporting | Accounting Courses | NADIA Training Institute

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Financial Accounting & Reporting

Financial Accounting & Reporting

Duration: 20

Course Objectives:

· Upon completion of the course, participants will be able to:

·  Explain the objective of financial reporting, the elements of the financial statements, and the related key assumptions and principles.

·  Define and distinguish between cash basis and accrual basis accounting and the impact of each on the financial statements

·  Properly account for and report assets, liabilities, equity, revenues and expenses.

·  Prepare properly structured financial statements with the required notes and disclosures in periodic financial reports.

 Designed for:

Professionals in the field of finance and accounts, accountants at all levels seeking to enhance their practical accounting knowledge.

Course Outline:

·  Financial statements and business decisions

·  Income statement

·  Balance sheet and statement of owners’ equity

·  Statement of cash flows

·  Accounting for investments

·  Accounting for leases

·  Accounting changes and errors