Fundamentals of Financial Accounting-FA 5001

17th May - 21st May 2021 (London, UK) 2nd August - 6th August 2021 (London, UK) 1st November - 5th November 2021 (London, UK)

Course Overview

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 inequity and balance sheets from trial balance.
  • Prepare accounts from incomplete records.

 

Indicative Contents

Conceptual and regulatory frame work

  • 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. working days
Certification A certificate of completion is issued on successful completion of the programme.
Location London-UK
Travel and accommodation Travel and accommodation to be paid for at source by delegates
Fees Course fee covering tuition, materials and certification: £4,250.00(excl.VAT) per delegate for 1 week.
Zenith Professional Training