CERTIFICATION PROGRAM

This certification is designed to producing the repots, knowledge of financial statements and evaluating the performance of companies. You can learn about Cash Flows under IFRS and GAAP. Measuring leases and bonds.

About Certification

In this course you will learn Basics of Financial statement analysis Audit and Classification of Financial statement IFRS Vs GAAP Coherent system Component of Income statement Principles and calculation of Revenue and expenses recognition EPS, Dilutive and Anti-Dilutive EPS Non-Recurring items and OCI Current and Non-current assets, Shareholder equityRatio calculation and Basics of Cash flows Cash flow under IFRS and GAAP Cash flow preparation Cost estimation and method of inventories Capitalization vs Expenses and Depreciation methods Amortization, impairment and de-recognition Income taxes Measurement of bonds and Leases explanation Defined benefit pension and reporting quality Evaluation of Company past performance

CAREER BENEFITS

This certification will help professional to

  • Evaluating the pre and past performance of company
  • Preparation of Cash Flow, and Financial Statement
  • Calculate revenue and expenses

PRE-REQUISITES

Students should have hands-on experience with Excel and a brief idea about Finance, Balance Sheets and Cash Flow Models.

Target Audience

Assistant Manager

Financial Reporting-Manager

Deputy Manager-Financial Reporting

Analyst-Financial Planning & Analysis

Assistant Manager-Financial Reporting

Associate-Financial Reporting

COURSE HIGHLIGHTS

10+ Hrs Video Recording

Question Bank

Mind Maps

Study Notes

In this certification you possibly determine how the project will be run and who will work on what task with clear view of what is expected and when.

Companies that hire Certified Candidate

Modules

Financial Reporting and Analysis

Course Curriculum

  • Role of Financial reporting and Financial Statement Analysis (FSA)
  • System of Double Entry
  • Steps in FSA framework
  • Audit of financial statements
  • Internal Controls in an organisation
  • Basic Accounting Principles
  • How Business activities are classified for Financial reporting Purposes
  • Why FRA is important for an analyst
  • Basic Definitions
  • Balance Sheet
  • Income Statement
  • Link Between financial Management and Accountancy
  • Classification of Activities
  • The Magical Equation
  • Meaning of Inventory and Inventory Equation
  • Inventory Costing
  • Inventory Cost Assumptions
  • LIFO, FIFO, Wt. Average and Specific Identification
  • Comparison between LIFO and FIFO
  • Conversion from LIFO to FIFO
  • LIFO Liquidation
  • Measuring Inventory for Balance Sheet
  • Inventory Management System
  • Reporting standards
  • Barriers to develop a universal accounting standard
  • IFRS – Financial Statement’s Objectives
  • IFRS – Financial Statement Characteristics
  • IFRS Description – Financial Statement’s Elements
  • IFRS – Financial Statement’s Constraints and assumptions
  • IAS – An overview
  • General requirements for financial statements
  • Comparison of FASB and IASB framework
  • Coherent Financial Reporting framework
  • Importance of monitoring developments
  • IASB
  • Basic Terms
  • Different Formats of preparation of Income St.
  • Accrual Principle
  • Exceptions to Accrual Principles
  • Gross and Net Reporting of Revenue
  • Comprehensive Income
  • Non-Sustainable Items
  • Forecasting Income Statement
  • Earning Per Share
  • Basic Construct of the Balance Sheet
  • Working Capital Cycle
  • Valuation Bases
  • Inter-Corporate Investments
  • Treasury Stock
  • Minority Interest
  • Statement of Owner’s equity
  • Different Categories of Cash Flows
  • Special rules of categorization under US GAAP
  • Two methods of calculating CFO - Direct Method and Indirect Method
  • Conversion of Indirect method into Direct Method
  • Free Cash Flows (to equity and to the firm)
  • Techniques of Financial Analysis
  • Different Types of Ratios
  • Techniques of Financial Analysis
  • Different Types of Ratios
  • Basics of Long Lived Assets
  • Expensing / Capitalizing costs
  • Depreciation
  • Methods of depreciation and their comparison
  • Change in Accounting estimates / Principle
  • Impairment of Assets
  • Capitalization
  • Intangible Assets
  • Revaluation Model under IFRS
  • Investment property under IFRS
  • Basics on Income Tax, Deferred Taxes (Assets and Liabilities)
  • Steps to calculate Income Tax Expense
  • Review of Deferred Taxes
  • Non-Reversal of Timing difference
  • Basics on Bond Liabilities
  • Treatment of different types of bonds in Financial Statement
  • Convertible Bonds
  • Zero Coupon Bond
  • Covenants
  • Pension Liabilities
  • Basics and types of Leases
  • Conditions for Finance Leases
  • Accounting treatment for Leases
  • Two types of Finance Leases
  • Off Balance Sheet Financing
  • Pension Plans
  • US GAAP vs IFRS
  • Introduction
  • Conceptual Overview
  • Condition for Assessing