By the end of the program, participants will be able to:
- Recognize important financial accounting topics and how to report them on financial statements.
- Properly account for assets, liabilities, equity, revenues and expenses.
- Prepare financial statements with the required notes and disclosures in periodic financial reports.
- Recognize the need for transparency in reporting of financial statements and management reports.
- Determine the structure, presentation and disclosure of financial statements and annual reports.
- Interpret and report income statement and balance sheet accounts.
This program is designed for:
Professionals in the field of finance and accounting, accountants at all levels seeking to enhance practical finance and accounting knowledge, certified financial and accounting personnel.
Minimum requirement: basic understanding of accounting.
This program is worth 25 NASBA CPEs.
Locations & Dates:
22 - 26 Apr 2012
Al Bustan Rotana Dubai
07 - 11 Oct 2012
02 - 06 Dec 2012
Crowne Plaza Sheikh Zayed Road
Meirc reserves the right to alter dates, content, venue and trainer with a reasonable notice time.
One extra free place for every 2 paid nominees
Delivery Type: Group-Live
Financial Statements and Business Decisions
- Accounting and Financial Systems
- Four Key Financial Statements
- Relationship among the Financial Statements
- Management Uses of Financial Statements
The Need for Financial Reporting
- The Evolving Role of Financial Accountants
- Transparency in Financial Reporting
- The Concept of Quality of Earnings
- Corporate Annual Reports
- Segment Reporting and Analysis
- Management Discussion and Analysis
Reporting and Interpreting Sales Revenue, Receivables and Cash
- Accounting for Sales Revenues, Sales Discounts and Sales Returns
- Measuring and Reporting Receivables
- Cash and Cash Equivalents
Reporting and Interpreting Cost of Goods Sold and Inventory
- Nature of Inventory and Cost of Goods Sold
- Inventory Costing Methods
- Inventory Valuation and Write Down
Reporting and Interpreting Property, Plant and Equipment; Natural Resources and Intangibles
- Classifying Long-Lived Assets
- Measuring and Recording Fixed Assets
- Accounting for Subsequent Costs of Repairs, Maintenance, and Additions
- Depreciating and Amortization
- Accounting for Disposal of Assets
- Reporting and Accounting for Intangibles
- Accounting for Natural Resources
Reporting and Interpreting Liabilities
- Liabilities Defined and Classified
- Accounting for Contingent Liabilities
Reporting and Interpreting Owners' Equity
- Ownership of a Corporation
- Types of Capital Stock
- Accounting for Capital Stock
- Stock Splits and Dividends
- Accounting for Treasury Shares
Reporting and Interpreting Investments
- Types of Equity and Debt Investments
- Accounting for Investments
- Fair Value and Equity Methods