Preparing Financial Statements and the Annual Report

This course covers theoretical core topics in addition to introducing Excel for the preparation of financial statements. It also features the study of real life cases and presentations by participants.

By the end of the course, participants will be able to:

• Explain each part of the accounting cycle
• Design effective chart of accounts
• Perform accounting adjustments including deferrals and accruals
• Prepare and present income statements, balance sheets, and cash flow statements
• Formulate notes to the financial statements

Senior and junior accountants, accounting and finance professionals, chief accountants, accounting managers and supervisors, financial controllers and any accounting and finance professionals interested in learning and updating their knowledge regarding the preparation of financial statements and notes.

• Understanding the accounting cycle
• Designing chart of accounts
• Performing accounting adjusting entries
• Preparing and analyzing income statements
• Preparing and analyzing balance sheets
• Preparing and analyzing cash flow
• Reviewing and understanding financial statements notes
• Understanding the annual report components