Preparation and Interpretation of Financial Statements Course

INTRODUCTION

Never before has the field of accountancy been faced with many challenges as it is today especially in the preparation of financial statements where many changes have been taking place in the reporting requirements. Yet the statements are the windows through which those within communicate with those outside. There is a relationship between the way the financial statements are prepared and users’ various economic decisions in such areas as investments acquisition or disposal. While it is prudent for those within to make quality statements in particular appreciating the rules governing the preparation and presentation, it is also prudent for the users to appreciate the statements especially their meaning and implication on their economic decisions.

DURATION

5 Days

WHO SHOULD ATTEND?

Managers, Finance managers, Accountants, Internal auditors, Non-Finance managers and officers interested in hands-on skills in areas such as preparation and interpretation of financial statements.

COURSE OBJECTIVES

At the end of this IRES training seminar, you will learn to:

• Prepare financial statements;
• Examine the importance of accounting standards and their implication;
• Explain the benefits of quality financial statements;
• Identify the concerns and needs of users of financial statements;
• Appreciate the importance of governance in financial reporting and financial management;
• Examine the role of financial controls;
• Explain the modern accounting and implication on the firm survival.

TOPICS TO BE COVERED

• The accounting conventions;        
• Regulatory framework of accounting
• Overview of IAS/IFRS/IPSAs relevant for the preparation and presentation of the financial statements;
• Professional ethics (ethical, legal and social issues);
• Fraudulent financial reporting;
• Reporting: Triple bottom line;

 

METHODOLOGY

The instructor-led pieces of training are delivered using a combined learning approach and comprise of presentations, practical sessions, and online tutorials. Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

ACCREDITATION

Upon successful completion of this training, participants will be issued with Profound Research Services (PRC) certificate.

TRAINING VENUE

The training will be held at PRC Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch.

All participants will additionally cater for travel expenses, visa application (where applicable), insurance among other personal expenses.

MEALS, ACCOMMODATION AND AIRPORT PICKUP

Breakfast, lunch, bottled water and evening refreshments/tea are provided at the venue during the training. Supper/dinner is catered for by the participant

Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it..  

Mobile: +254 74040112

TAILOR-MADE

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our PRC Training Centre or at a convenient location.

For further inquiries, please contact us on Tel: +254 74040112 or mail This email address is being protected from spambots. You need JavaScript enabled to view it.

PAYMENT

Payment should be transferred to PRC account through the bank details provided on the invoice.

Send proof of payment to This email address is being protected from spambots. You need JavaScript enabled to view it. 

 

Please Note: The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.