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Interpretation of Financial Statements

Financial Training

Interpretation of Financial Statements

Interpretation of Financial Statement is one of the entry knowledge that gears up the non-financial executives to step into the financial market.

 

Kaplan focuses in providing our trainees with the highest quality learning experience. Our Interpretation of Financial Statements online program covers core skills that market practitioners need every day and reflects the latest development in a fast changing world.

 

This program addresses basic concepts, standards and practices of financial accounting. Topics consist of financial statement types and formats, balance sheet classificationm, income statement, revenue and expense recognition, liabilities and equity, earnings per share, cash flow classification issues and different accounting treatments.

 

Finance doesn’t need to be complicated or confusing but many managers find it so. By understanding the “what”, “why” and “how” of finance, they will be able to use financial data to really add value to the business. And equally importantly they will be better able to communicate with the finance team, reducing the areas of conflict and come to regard the finance department as a true business partner.

 

This course aims to demystify finance and addresses practices of financial accounting. It seeks to explain simply and clearly what the key financial statements mean, how they work and relate to each other.

 

 





Course Structure

  • Video struction in English
  • Unlimited review during the 3-month subscription period
  • Trainer's annotation captured
  • Practical exercises and case studies
  • Assessment test
  • Download course manual directly from online portal
  • CPT awarded*

 

*CPT certificates will be granted to those participants who have:

1. Watched all of the video content (based on time log in, log out and video clicks in the online portal)

2. Achieved a score of 70% or above in assessment test

Delivery Options

  • Online Courses
  • In-house customized trainings 

Who Should Attend?

  • Legal
  • Accountants
  • Client services
  • Compliance
  • Human Resources
  • IT
  • Media
  • Public Relations
  • Operations
  • Sales & Marketing
  • Junior Analysis

Course Outline

  • Introduction to accounting: objectives, users, limitations of financial reporting
  • Financial statement types: the income statement, balance sheet, cash flow statement, statement of comprehensive income, statement of change in equity
  • Financial statements accounts: major account, liability and equity accounts
  • Financial statements format: account format, report format, liquidity format, classifications
  • Financial reporting standards: IFRS, US GAAP, PRC GAAP
  • Revenue recognition
  • Expense recognition
  • Non-operating items
  • Accounting changes - types and appropriate treatments
  • Earnings per share - use and computation methodologies
  • Comprehensive income
  • Balance sheet classification: current vs long-lived assests, current vs long-term debts
  • Tangibles and intangibles: definitions, different accounting treatments, basic understanding of goodwill
  • Capitalization
  • Liabilities and equity: their differences, priority of claims
  • Presentation and structure of cash flow statement
  • Cash flow classification issues: operating, investing, and financing cash flows
  • Direct and indirect method
  • Case study

In-house: Customizable To Your Priorities

This course is highly flexible and can be tailored to your specific organizational and people goals for in-house delivery. It can be used for a variety of audiences and levels of experience. 

 

Talk to our team and learn how Kaplan can help you meet your business objectives.