Financial statements are an important source of information about a company. By understanding the characteristics and items in financial statements, we will be able to interpret and use the information effectively for many other purposes such as analysis, budgeting or reporting.

This course is designed to discuss the main features of the financial statements prepared by a business enterprise. After this course, participants will be able to understand the meaning and fundamental structure of the financial statements, and make effective use of the information.

Outline | Facilitators | Methodology | Who Should Attend | Objectives

Detail

Date:	31 May 2012
Duration:	1, day(s) 9:00AM - 5:00PM
Fee:	$430.00
Venue:	Grand Park City Hall Hotel or similar

- Fees are subjected to prevailing GST of 7%

For more information, please contact JobsDB Learning at 6578 8111 or email to learning@jobsdb.com.sg

Payment must be made before the commencement of the workshop. No cancellation is allowed 7 days prior to workshop.

Participants will receive a Certificate of Attendance upon course completion.

Outline

What You Want to Know about the Financial Statements?
- nature and role of accounting
- desirable qualities of a financial report
- accounting as an information system
- financial and management accounting compared
- fundamental accounting assumptions
- accounting policies
- objectives of financial statements
- user groups and their areas of interest

Three Basic Financial Statements
- balance sheet
- profit and loss account
- cash flow statement

Interpretation of Auditors' Reports
- objectives and scope of audit
- reasonable assurance
- true and fair view
- auditors opinion

Analysing Performance of an Enterprise
(including case study and interpretation techniques)
- liquidity ratios
- profitability ratios
- solvency ratios
- asset management ratios
- stock market ratios

Facilitators

Mr Lim Kaim Soon

Methodology

Participants are guided through practical steps of the topic with a combination of lectures, case studies and group discussions.

Who Should Attend

Managers and executives who have little or no knowledge of accounting, but need to know how basic accounting works, and apply accounting related techniques when making business decisions.

Objectives

At the end of this one day workshop, participants will be able to:
discuss the main features of the financial statements prepared by a business enterprise
understand the meaning and fundamental structure of the financial statements, and the inter-relationship of the items in the statements
apply key management ratios to evaluate the strengths and weaknesses of the business operations
apply various analytical techniques to examine the performance of the business operation

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