Advanced Financial Accounting
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Course Details
- Introduction
- Objective
- Who should attend
Financial Accounting is a branch of accounting that records all matters related to financial position (financial position), financial performance (income statement), and cash flows of the enterprise in accordance with certain accounting standards. Here is the importance of financial accounting for all parties concerned with the institution.
This 10 Days course covers financial accounting practice for a selection of current and complex topics. Both the accounting practice is explained and the implication of the relevant accounting standard is critically appraised, with a view to developing thorough knowledge and critical understanding of applicable accounting principles, concepts, and regulations.
This course builds upon Financial Accounting. It aims to critically examine current financial accounting theory and practice for a selection of advanced topics, many of which are subject to current debate and review by the International Accounting Standards Board (IASB).
The course seeks to develop a thorough knowledge and understanding of the accounting principles, concepts, regulations and practices, applicable to selected topics. An important aim of the course is to develop skills of critical analysis through the study of relevant research papers on financial accounting topics.
Course Outline
The Cash Budget
- Why should managers understand accounting?
- Accounting concepts
- Timings of receipts and payments
- Calculation of the gross profit and gross profit margin
Course Video