Understanding the Financial Reporting Framework

Course details

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  Provide participants with the knowledge and skills needed to perform the financial reporting assignment effectively, and better understand the data included in financial reports and analyze them effectively.
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  By the end of this course, participants are expected to be able to:
  Discuss the role of financial reporting and key financial statements in evaluating the company’s performance and financial position.
  Describe the roles of financial reporting standard-setting bodies and regulatory authorities.
  Describe general requirements for financial statements according to International Financial Reporting Standards (IFRS).
  Identify characteristics of a coherent financial reporting framework.
  Analyze company disclosures of significant accounting policies.