Fundamentals of Financial Accounting-FA 5001

06 Mar 23-10 Mar 23 (London, UK), 05 Jun 23-09 Jun 23 (Dubai, UAE), 06 Nov 23-10 Nov 23 (London, UK ),

Course Overview

    This course is designed for those in Finance/Accounts/Planning departments, especially those with direct responsibilities for generating financial statements.

Learning Outcome

    At the end of this course delegates will be better able to:
  • Identify the various user groups which need accounting information and the qualitative characteristics of financial statements.
  • Identify the underlying assumptions, policies and changes in accounting estimates.
  • Identify the basic methods of valuing assets on current cost, fair value and value in use bases, and their impact on profit measures and balance sheet values.
  • Explain the influence of legislation (e.g. Companies Acts, EC directives) and international accounting standards(IAS), International Financial Reporting Standard (IFRS) on the production of published accounting information for organizations.
  • Prepare income statements, statement of changes in equity and balance sheets from trial balance.
  • Prepare accounts from incomplete records.

Indicative Contents

    Conceptual and regulatory framework
  • Overview of financial accounting
  • Conceptual framework of accounting
  • Accounting systems
  • Accounting regulation
  • Preparation of accounts
  • Incomplete record techniques
  • Preparation of final financial reports
  • New developments in IFRS
  • Financial planning and control
More Detail
Duration This is a one-week programme spread over 5 working days.
Certification Certificate of completion is issued on the successful completion of the course.
Location (London, UK), (Dubai, UAE), (London, UK )
Travel and accommodation Travel and accommodation to be paid for at source by delegates.

London: £4,200.00 (Excl. VAT) per delegate for 1 week.

Dubai: $4,950.00 (Excl. VAT) per delegate for 1 week.