Applications of Modern Financial & Accounting Policies & Procedures for Performance Support

Course Overview

With the rapid developments in accounting standards, regulations, and industry practices, individuals need continuous training in order to keep abreast of all the changes. They also need to improve the quality of financial reporting by recording, reporting and disclosingregular and unusual business transactions.

Course Objective

List the basic financial statements and determine the best structure and presentation practices
Recognize important periodical adjustments and their effect on financial statements
Explain how to properly account for assets, liabilities, equity, revenues and expenses during recurrent and non-recurrent transactions
Identify minimum disclosure requirements in the financial statements for major accounts of transactions
Prepare financial statements starting from raw trial balance and ending with full comprehensive disclosures

Who Should Attend??

Professionals in the field of finance and accounting, accountants at all levels seeking to enhance practical finance and accounting knowledge, and certified financial and accounting personnel.

Course Outline

Financial statements and business decisions
Income statement
Balance sheet and statement of owners' equity
Cash Flow Statement
Accounting adjustments
Financial reporting for major accounts and transactions

Training Methodology

Presentation & Slides
Audio Visual Aids
Interactive Discussion
Participatory Exercise
Action Learning
Class Activities
Case Studies
Workshops
Simulation