This course is concerned with external accounting and reporting practices of private limited companies. It is intended for participants who are involved in the preparation or use of company financial statements whether as accountants, financial executives, taxation officers, auditors, financial analysts, actuaries, legal advisors or academics.
By the end of this course, participants will be able to:
- Understand how accounting information (particulary corporate financial statements) is used in business decision-making.
- Understand the form and content of corporate financial stements and appreciate how some elements of these reports are recognized, measured and subsequently valued subject to applicable regulations, accounting standards and/or pronouncements.
- Understand and appreciate that accounting policies and standards may differ in a specific industry in which the company may operate. For instance, the course will demonstrate how some elements of the financial report are recognized, measured and subsequently valued for insurance companies
- Understand accounting issues in acquisitions of other entities and appreciate appropriate accounting policies adopted for a given corporate structure in order for these transactions to be fairly presented in the financial statements.
- Create financial statements that comply with the appropriate accounting standards for a given corporate structure (e.g consolidation of subsidiaries, equity accounting of associates, etc)
Accountants, financial Officers, Financial Controllers, Internal Auditors, Fund Managers, Financial Economic planners, Budgeting Officers, Financial Analysts and other professionals who make financial decisions in public/private sectors.