Financial Accounting and Reporting

What Will You Learn?

• Day 1: Foundations of Financial Accounting
• Overview of Financial Accounting
• Principles of Double-Entry Accounting
• Recording Financial Transactions
• Accounting for Assets, Liabilities, and Equity
• Day 2: Financial Statement Preparation
• Income Statement, Balance Sheet, and Cash Flow Statement
• Adjusting Entries and Accrual Accounting
• Consolidation and Group Accounting
• Comparative and Common-Size Financial Statements
• Day 3: International Financial Reporting Standards (IFRS)
• Introduction to IFRS
• IFRS vs. Generally Accepted Accounting Principles (GAAP)
• IFRS Financial Statements and Disclosures
• Case Studies on IFRS Implementation
• Day 4: Interpretation of Financial Statements
• Ratio Analysis for Performance Evaluation
• DuPont Analysis and Return on Investment
• Cash Flow Statement Analysis
• Case Studies on Financial Statement Interpretation
• Day 5: Ethical Practices in Financial Reporting
• Code of Ethics for Accountants
• Ethical Challenges in Financial Reporting
• Financial Reporting and Corporate Governance
• Final Project: Applying Financial Accounting and Reporting Principles