Presentation of Financial Statements
Course Contents: Background of IAS/IFRS List of IASs and IFRSs Differences between IAS/IFRS and USA GAAP Elements of Financial Statements Components of Financial Statements Key concepts of accounting for preparation of Financial Statements Items included in the Statement of Financial Position Items included in the Statement of Profit or Loss and Other Comprehensive Income Demo Financial Statements in excel sheet based on Trial Balance Who would be benefited after this training: Management Trainees Accounts/Finance Executives Manager/Sr. Manager (F & A) Tax and VAT consultant, legal consultant Professional students, like, CA, CMA, ACCA, CGA, CFA, CS Graduate Students Anybody who is …
Curriculum
Overview
Course Contents:
- Background of IAS/IFRS
- List of IASs and IFRSs
- Differences between IAS/IFRS and USA GAAP
- Elements of Financial Statements
- Components of Financial Statements
- Key concepts of accounting for preparation of Financial Statements
- Items included in the Statement of Financial Position
- Items included in the Statement of Profit or Loss and Other Comprehensive Income
- Demo Financial Statements in excel sheet based on Trial Balance
Who would be benefited after this training:
- Management Trainees
- Accounts/Finance Executives
- Manager/Sr. Manager (F & A)
- Tax and VAT consultant, legal consultant
- Professional students, like, CA, CMA, ACCA, CGA, CFA, CS
- Graduate Students
- Anybody who is interested
Importance of this training:
As a Chartered Accountant with over 15 years of experience across various industries, I have honed my expertise in accounting and financial reporting. For the past decade, I have been dedicated to training both local and international students, sharing practical insights and professional knowledge. Throughout my career, I’ve observed that many non-professional students approach accounting with hesitation, often due to a lack of clarity and confidence. Additionally, I’ve noticed frequent mistakes among audit clients, primarily due to inadequate preparation and a lack of proper knowledge in financial reporting.
In this training, I’ll break down the basics of financial statements in a way that’s easy to understand. I’ll share practical tips to help you improve your accounting skills and show you how to prepare financial statements with accurate presentation and proper disclosure. We’ll go through a demo using an Excel sheet, giving you a hands-on experience that will help you feel more confident and prepared in your financial reporting tasks.