Event Categories:

Personal Development / Professional Development

Overview:

The course aims to provide participants with the basic knowledge in accounting and specifically financial accounting and reporting prepared under the International Financial Reporting Standards. Throughout the seminar, terminologies and concepts illustrated will be followed up with practical illustrations using real life scenarios and company information.

Importance:

Understanding elements and being able to interpret Financial statements is an integral part of any corporate strategic decision making from investment decisions, to financing facilities and directors’ proper discharging of their statutory responsibilities. As such, this seminar aims to equip decision makers and management who need to understand the basic concepts of financial terminology and underlying financial statements as it is an integral part of their responsibilities.

Learning Objectives:

Knowledge

• Define basic principles of financial accounting and financial reporting.
• Identify key elements of financial statements and constituent key elements.
• Compute key performance indicators.
• Interpret results of financial analysis.

Skills

• Develop and enhance financial literacy needed for decision making.
• Improve communications with finance professionals/departments.
• Assist in better coordination with clients and recipients of company’s services.

Attitudes

• Enhance contribution and value to company’s performance and financial position.
• Identify promptly red flags and take preventative action.