Course - Understanding Financial Statements

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Course - Understanding Financial Statements
How to extract, compile and present Financial Statements.
Understanding Financial ManagementAn Advanced Financial Reporting Course for Bookkeepers and those who wish to understand financial statements.

The Financial Statements of an organisation are required regularly by its management and yearly by banks and the revenue authorities apart from other interested organisations that may wish to evaluate an organisation's financial position.

The presentation of Financial Statements is an art form requiring subtle appreciation of the often-conflicting interests of the different types of organisations evaluating Financial Statements.

The Center for Management Development will present this course, which follows on and integrates with the Trial Balance Foundation Course. 

Course Content:

1.1 Introduction.

1.2 The Year-End Work Sheet.

1.3 Year-End Adjustments.

1.4 The Income Statement Trial Balance.

 

 

4.1 The Balance Sheet Trial Balance.

4.2 Structure of the Balance Sheet.

4.3 The Balance Sheet.

2.1 Income Statement Structure.

2.2 The Income Statement.

2.3 Profitability Ratios.

2.4 Financial Manipulation.

 

 

5.1 Background to the Cash Flow Statement.

5.2 The Cash Flow Statement Structure.

5.3 Steps to Construct the Cash Flow Statement.

 

3.1 Introduction to Business Taxation.

3.2 Calculating Taxable Income.

3.3 Calculating Taxable Amount.     

3.4 Calculating Taxation payable.

 

 

6.1 The Changes in Equity Statement.

6.2 Structure and Format of Changes in Equity Statement.

6.3 Notes to the Financial Statements – rationale,

      structure and presentation.

 

3.2.1 Introduction to Distributing Profits.

3.2.2 Earnings and Dividend per share

3.2.3 Headline Earnings.

3.2.4 The Year-End Closing Entries.

 

 

7.1 Drafting the Notes to the Financial Statements.

7.2 Ancillary components to the Financial Statements

     including the Auditor’s Report, Director’s Report, 

     Chairman’s Report and topical issues.

 

8.1 Financial Ratios.

8.2 Objectives and Limitations.

8.3 Ratios to measure liquidity, gearing, activity and profitability.

 


Trainee evaluation will consist of written tests and the presentation of a set of Financial Statements.

Course Venue:   Little Mowbray, Cape Town
Course Times:    18h00 to 21h00 on Wednesday evenings for ten consecutive weeks (When in demand)
                        

 For more information or a quote on our Bookkeeping to Trial Balance and Understanding Financial Statements, please call us or enter your information below and we will contact you as soon as possible to assess your requirements and supply you with a quote.

 

For more information please contact us.

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