London Training For Excellence Financial Accounts and Reports London Training For Excellence
Price: GBP 3,898
Instructor led live virtual classroom online. Classes may be individual or in group.

    Course details

    Overview
    The 5-day Financial Accounts and Reports training courseprovides you with a comprehensive understanding of preparing analysing and interpreting critical financial statements. It delves into the importance of accurate record-keeping the principles of accounting and the intricacies of financial reporting standards. By the end of this course you will be equipped with the skills needed to assess an organisation's financial health and make informed business decisions.

    Objective
    Understand the fundamental principles of accounting and financial reporting.
    Acquire knowledge in preparing primary financial statementsincluding the balance sheetincome statementand cash flow statement.
    Develop skills in analysing and interpreting financial reports to evaluate an organisation's financial position.
    Gain insight into the regulatory environment governing financial reporting and ensure compliance.
    Enhance skills in using financial reports for strategic planningdecision-makingand performance evaluation.

    Who Should Attend
    Accounting Professionals
    Financial Audit Professionals
    Non-Finance Managers
    Investment Bankers and Consultants
    Regulatory Authority Representatives
    Stakeholders
    Professionals Preparing for Certifications

    Course Outlines
    Day 1: Introduction to Financial Accounting & Reporting
    The role and purpose of financial accounting in business.
    Overview of financial statements and their importance.
    Principles of accounting: Accrual vs. Cash basis double-entry system.
    Introduction to International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP).

    Day 2: Delving into the Balance Sheet (Statement of Financial Position)
    Components of the balance sheet: assets liabilities and equity.
    Classification and valuation of assets: current vs. non-current tangible vs. intangible.
    Understanding liabilities: short-term vs. long-term contingent liabilities.
    Equity: capital retained earnings and reserves.

    Day 3: Income Statement (Profit and Loss) and Statement of Cash Flows
    Structure and elements of the income statement: revenues costs gains and losses.
    Analysing operating investing and financing activities in the cash flow statement.
    Importance of cash flow in assessing liquidity and solvency.
    Practical exercises in preparing income and cash flow statements.

    Day 4: Analysing and Interpreting Financial Reports
    Financial ratios: liquidity solvency profitability and efficiency ratios.
    Trend analysis and benchmarking.
    Using financial statements for business forecasting and budgeting.
    Case studies: Interpretation and analysis of real-world financial statements.

    Day 5: Regulatory Environment and Future of Financial Reporting
    Overview of key regulatory bodies and their roles.
    Compliance with IFRS GAAP and other financial reporting standards.
    Ethical considerations in financial reporting.
    The future of financial reporting: automation AI and predictive analytics.
    Course wrap-up feedback and evaluations.

    Updated on 05 August, 2024

    About London Training For Excellence

    Empowering Professionals for Over a Decade

    London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.

    A Breadth of Expertise

    We offer a comprehensive range of training solutions across a diverse set of industries, including:

    • Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
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    • Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
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    • Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
    • Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.


    Our Approach

    At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.

    Flexible Learning Solutions

    We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:

    • In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
    • Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
    • In-Company Training: Tailor training programmes specifically for your organisation's needs and deliver them on-site for maximum impact and employee convenience.


    Investing in Your Success

    By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation. 

    Contact Us Today

    Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.

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