PREPARING FINANCIAL STATEMENTS AND THE ANNUAL REPORTS

Content

The Accounting Cycle

• Understanding Accounting Cycle
• Analyzing Transactions and Recording in the Systems
• Preparing Ledgers and General Ledgers (GL)
• Types of Adjusting Entries
• Preparing Financial Statements
• Closing the Books

Chart of Accounts and Design Techniques

• Designing Chart of Accounts
• Analyzing Chart of Accounts
• Reconciliations and Important Issues
• Creating the Trial Balance

Accounting Adjusting Entries

• Understanding deferrals
• Deferrals Revenues and Entries
• Working with Accruals
• Other Adjustments and Corrections
• Preparing the Adjusted Trial Balance

Preparing Financial Statements and Notes

• Preparing Income Statements, Balance Sheet and Cash Flow Statement
• Preparing the Owners’ Equity Statements
• External Audit Internal Audit
• Reading and Interpreting the Audit Opinion
• Management Discussion and Analysis

Notes to the Financial Statements

• Requirements for the Notes
• Basis for Preparation
• Organization and Activities of Notes
• Summary of Significant Accounting Policies
• Completing the Financial Statements and the Notes

FOR WHOM: Accountants, Accounting and Finance Professionals, Chief Accountants, Accounting Managers/Supervisors, Financial Controllers, Auditors, Investors, Stakeholders, Government Officials and any others who is interested in learning and updating their knowledge in preparation of financial statements and notes.

DATE:              10^th – 12^th January, 2024

                           24th – 26th July, 2024