Financial Reporting

This course covers the key objectives of financial reporting, focusing on how to appropriately classify income and expenses in financial statements, as well as the proper treatment of assets and liabilities. Participants will gain practical insights and theoretical knowledge to accurately represent financial elements, enhancing their understanding of financial reporting standards and their real-world application.

• Understanding the main objectives of Financial Reporting
• Deciding how to treat Income and Expenses in financial statements
• Deciding how to treat assets and liabilities in financial statements

• Summary and recap of key learning objectives
• Action Planning

• Finance Managers and Financial Controllers
• Accountants and Auditors responsible for preparing or reviewing financial statements
• Corporate Finance Teams transitioning to or already reporting under IFRS
• Regulatory and Compliance Officers
• Internal Audit Professionals
• Consultants and Advisors working in financial reporting or corporate governance
• Senior Managers and Executives involved in strategic financial decision-making
• Professionals working in multinational organizations that require understanding of global financial reporting standards

• Identify the main objectives of financial reporting and how they guide the preparation of financial statements.
• Determine appropriate treatments for income and expenses in accordance with IFRS.
• Apply IFRS principles to assets and liabilities, ensuring accuracy and compliance.