Course objectives

At the end of the course, participants will be able to:

List the basic financial statements and determine the best structure and presentation practices

Recognize important periodical adjustments and their effect on financial statements

Explain how to properly account for assets, liabilities, equity, revenues and expenses during recurrent and non-recurrent transactions

Identify minimum disclosure requirements in the financial statements for major accounts of transactions

Prepare financial statements starting from raw trial balance and ending with full comprehensive disclosures

Target competencies

Mapping trial balance accounts to financial statements accounts

Practicing financial statements' notes preparation

Realizing minimum disclosure requirements

Applying Inteational Financial Reporting Standards (IFRS)

Using Excel and Pivot tables for reporting

End-to-end concepts of Financial Accounting & Financial Reporting

Gain complete knowledge to work as Financial

Advisor-Executive-Accountant

Trial Balance, bill of exchange, Depreciation

Bank Reconciliation Statements

Create or Analyze Financial Statements of Companies

Income Recognition, Classification of Assets and Provisions

Accounting for not-for-profit Organization

Financial Reporting

Accounting for Bonus Issue and Right Issue Part

Accounting for Share Capital & Accounting Ratios

Buy-back of Securities and Equity Shares with Differential Rights

Cash Flow Statements & Consolidated Financial Statements

Accounting for Employee Stock Option Plans

Framework for preparation and presentation of Financial Statements

Issue of Debentures

Non-banking Financial Companies

Accounting for Partnership Firms

Dissolution and Reconstitution of a Partnership Firm

Preparation of Financial Statements of a Bank

Profit or Loss pre and post Incorporation

Redemption of Debentures & Preference Shares

Special Transactions of a Bank