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Preparation and Interpretation of Financial Statements

INTRODUCTION

Never before has the field of accountancy been faced with many challenges as it is today especially in the preparation of financial statements where many changes have been taking place in the reporting requirements. Yet the statements are the windows through which those within communicate with those outside. There is a relationship between the way the financial statements are prepared and users’ various economic decisions in such areas as investments acquisition or disposal. While it is prudent for those within to make quality statements in particular appreciating the rules governing the preparation and presentation, it is also prudent for the users to appreciate the statements especially their meaning and implication on their economic decisions.

DURATION

5 Days

WHO SHOULD ATTEND?

Managers, Finance managers, Accountants, Internal auditors, Non-Finance managers and officers interested in hands-on skills in areas such as preparation and interpretation of financial statements.

COURSE OBJECTIVES

At the end of this IRES training seminar, you will learn to:

  • Prepare financial statements;
  • Examine the importance of accounting standards and their implication;
  • Explain the benefits of quality financial statements;
  • Identify the concerns and needs of users of financial statements;
  • Appreciate the importance of governance in financial reporting and financial management;
  • Examine the role of financial controls;
  • Explain the modern accounting and implication on the firm survival.

TOPICS TO BE COVERED

  • The accounting conventions;        
  • Regulatory framework of accounting
  • Overview of IAS/IFRS/IPSAs relevant for the preparation and presentation of the financial statements;
  • Professional ethics (ethical, legal and social issues);
  • Fraudulent financial reporting;
  • Reporting: Triple bottom line;

METHODOLOGY

The instructor led trainings are delivered using a blended learning approach and comprise of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

ACCREDITATION

Upon successful completion of this training, participants will be issued with an Indepth Research Services (IRES) certificate.

TRAINING VENUE

The training is residential and will be held at IRES training Centre. The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.

All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.

ACCOMMODATION

Accommodation is arranged upon request. For reservations contact the Training Officer.

Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.   

Mob: +254 715 077 817

Tel: 020 211 3814

TAILOR- MADE

This training can also be customized for your institution upon request to a minimum of 4 participants. You can have it delivered in our training centre or at a convenient location.

For further inquiries, please contact us on Tel: +254715077817, +254(020) 211 3814 or mail This email address is being protected from spambots. You need JavaScript enabled to view it.

PAYMENT

Payment should be transferred to IRES account through bank on or before C.O.B. 30th September 2019.

Send proof of payment to This email address is being protected from spambots. You need JavaScript enabled to view it.

CANCELLATION POLICY

Payment for all courses includes a registration fee, which is non-refundable and equals 15% of the total sum of the course fee.

1.    Participants may cancel attendance 14 days or more prior to the training commencement date.

2.    No refunds will be made 14 days or less to the training commencement date. However, participants who are unable to attend may opt to attend a similar training at a later date, or send a substitute participant provided the participation criteria have been met.

Please Note: The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

Event Properties

Event Duration 5 Days
Event Date 07-10-2019
Event End Date 11-10-2019
Cut off date 30-09-2019
Individual Price(Kenyan) KES 69,000
Individual Price (International) EUR 790
Individual Price(International in Dollars) USD 920
Location Nairobi, Kenya
We are no longer accepting registration for this event
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