Financial Reporting and Analysis

Overview

Financial Reporting and Analysis play a vital role within the organisation and its stakeholders. This course is designed to analyse the functions of financial reporting in communication and its effects on decision-making processes or managerial decisions. It will highlight the accounting and financial standards-setting process and its implications on the organisation globally.

Throughout the course, participants will explore key topics related to financial analysis, including financial statement analysis, ratio analysis, and cash flow analysis. Emphasis is placed on understanding the significance of financial analysis in assessing a company's financial performance, identifying trends, and evaluating key financial indicators.

Financial Reporting and Analysis discusses how accountants act as processors and purveyors of information for decision-making and the needs of those who use accounting information. It also looks at the role performed by accountants and notes the need to be aware of relevant regulatory and conceptual frameworks.

Furthermore, the course covers effective techniques for presenting financial analysis findings through reports, including structuring reports, utilizing visual aids, and communicating complex financial information clearly and concisely. Participants will learn how to tailor reports to different audiences, ensuring that key insights are communicated effectively to stakeholders, including management, investors, and regulatory bodies.

This course examines the Financial Reporting and Analysis of companies in Private and Public, and how such reporting can be analysed to evaluate performance.

• Comprehend the theory and practices of corporate financial reporting
• Use financial reporting theory and practices to analyse the performance
• Design appropriate policies and strategies to meet stakeholder and shareholder needs in light of the recent changes in Financial Reporting
• Identify and evaluate financial statements
• Describe how the rules of corporate financial reporting affect the application of standards
• Identify assumptions, evaluate statements in terms of evidence, to detect false logic or reasoning, to identify implicit values, and to define terms adequately and to generalise appropriately