/  Financial Accounting and Reporting
Pay Attention Please ! The course location "Hyde Park" is subject to availability . We may change the course location if there is no availability and we will let you know about the location changing directly if it changes. The exact course time will be clear before one week prior to course start date.
BMC Training provides on 22 Sep 2019 Financial Accounting and Reporting course [Finance , Accounting and Budgeting] in London,UK

Objectives

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.
  • Report and interpret income statement and balance sheet accounts.

Training schedule

Financial Statements and Business Decisions

  • Accounting and Financial Systems
  • Four Key Financial Statements
  • Relationship among the Financial Statements
  • Management Uses of Financial Statements
  • Essential Notes to the Financial Statements

Income Statement

  • Recognizing and Accounting for Revenues and Expenses
  • Applying Matching Principle and Accrual Basis
  • Comprehensive Income and Earning Per Share
  • Signs of Cooking the Books

Balance Sheet & Statement of Owner’s Equity

  • Categories and Accounts of Assets, Liabilities and Equity
  • Definitions of Accounts in the Balance Sheet
  • Statement of Owners Equity
  • Caution Flags

Cash Flow

  • Defining the Three Sections of Cash Flow Statement
  • Direct versus Indirect Method and the Relation to BS and IS
  • Interpreting Cash flow Patterns

Accounting Adjustments

  • Accruals and Unearned Revenue and Prepayments
  • Accounting Estimates
  • Financial Statements Relationships

Receivables

  • Measuring and Reporting
  • Estimating and Accounting for Bad Debts
  • Methods of Converting Accounts Receivable to Cash

Inventory

  • Nature of Inventory and Cost of Goods Sold (COGS) 
  • Methods for Determining Inventory and COGS Values

Property, Plant, Equipment and Intangibles

  • Classifying, Measuring and Recording Long-Lived Assets
  • Accounting for Repairs, Maintenance, and Additions
  • Depreciation, Amortization and Disposal of Assets
  • Accounting and Reporting for Intangibles and Natural Resources

Reporting and Interpreting Investments

  • Types of Equity and Debt Investments
  • Accounting for Investments
  • Fair Value and Equity Methods / Controlling Interest

Liabilities and Owners’ Equity

  • Definitions and Classification of Liability Accounts
  • Types of Ownership and Stock
  • Accounting for Capital and Dividends
  • Accounting for Treasury Shares



Related Training Courses

Course Details
  • Code FBA139
  • TIME    08:00 AM - 11:15 AM
  • DATE    Sep 22 2019 - Sep 26 2019
  • London , Hyde Park
  • +44 2087206971
  • Support@bmc.net

Fees Per Person

4400 GBP + VAT
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