Advanced Course on the Preparation of Final Accounts and Year End Reports

By the end of the program, participants will be able to:
· Recognize important financial accounting topics and how to report them on financial statements.
· Prepare and report financial statements with the required notes and disclosures in periodic and annual financial reports.

Content:
Financial Statement and Business Decisions
· Accounting and financial systems
· Relationship among the financial statements
· Management uses of financial statements

The need for financial reporting:
· The need for financial reporting:
· Transparency of financial reporting
· The concept of Quality of Earnings
· Corporate Annual Reports
· Segment Reporting and Analysis
· Management Decision and Analysis

Reporting and interpreting liabilities:
· Liabilities Defined and Classified
· Accounting for Contingent Liabilities

Reporting and interpreting sales revenue, Receivable and cash:
· Accounting for sales Revenues, sales Discounts and Sales Returns
· Cash and Cash Equivalents

Reporting and Interpreting Cost Of Goods Sold And Inventory
· Nature of inventory and cost of goods sold
· Inventory Costing Methods

Reporting and Interpreting Owners’ Equity
· Types of Capital stock
· Accounting for Capital Stock
· Accounting for Treasury Shares

Reporting and interpreting property, plant and equipment, natural Resources and intangibles
· Classifying Long-Lived Assets
· Measuring and Recording Fixed Assets
· Depreciation for Amortization
· Accounting for Disposal of Assets
· Reporting and Accounting for Intangibles

FOR WHOM: Accountants, Auditors and other Financial Managers in both the Public and Private Sectors.

Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 6th – 9th May, 2025
2ND BATCH: 18th – 21th Nov, 2025