The British Academy for Training and Development offers a professional training course in Financial Reporting & Budgeting. This training course also provides important updates on recent developments. The focus on creating stakeholder value and recent thinking about corporate purpose is examined in the context of the evolving development of integrated reporting. This training course also provides practical Excel skills to create tools for analysing financial ratios, forecasting cash flows, and designing graphical financial reports for internal use. This financial accounting, reporting, and budgeting training course introduce you to the business context of financial reporting, key concepts in financial accounting, financial reporting frameworks, structure and format, analysis and interpretation of financial reporting, and the latest developments and best practices. The course is provided by a team of internationally experienced financial group.

Who should attend? 

• Financial accounting team members.
• Financial planning and budgeting professionals.
• Strategic planning and head office team members.
• Corporate communication and investor relations professionals.
• Investment analysts and advisors.

How attendees will benefit? 

After completion of the course, delegates will understand: 

• Understand the role of financial reporting in driving business performance.
• Prepare financial statements in accordance with IASB standards.
• Analyse and critically interpret financial statements and reports.
• Assist in creating consolidated reports for your organization.
• Apply practical Excel skills to improve your reports and forecasts.

Financial Accounting and Reporting – Business Context and Key Principles:

• Financial Accounting, Reporting and Budgeting Purposes.
• Basic Principles of Corporate Governance.
• Building a Successful Business Model.
• Key Terms in Financial Accounting.
• Structure of Financial Accounting system.
• Fundamentals of Accounting and Budgeting.
• Creative Accounting, Scandals and fraud.

Balance Sheet and Income Statement:

• The IASB's Conceptual Framework.
• Indication of financial position: Purpose Structure and Presentation
• Property, Plant and Equipment and Intangible Assets.
• Financial Assets and liabilities.
• Inventories.
• Statement of Changes in Equity: Purpose Structure and Presentation.
• Profit and loss statement: Purpose Structure and Presentation.
• Revenue Recognition Principles.

Cash Flow Statement and Group Report:

• Cash flow statement: Purpose Structure and Presentation
• Understanding Business Cash Flow Drivers.
• Equity Capital and Debt Capital.
• Leases.
• Optimizing working capital.
• Cash Flow Forecasting Techniques.
• Group Accounts: Purpose Structure and Presentation.

Analysis and Interpretation of Financial Reports:

• Fundamentals of Financial Reporting Analysis.
• The Concept of Shareholder Value.
• Profitability Measurement and Management.
• Liquidity Measurement and Management.
• Impact of Gearing on Risk and Shareholder Value.
• Anticipate Corporate Crises and Failures.
• Forecasting Financial Performance and Financial Position.

Designing and Presenting Effective Financial Reports:

• Limitations of financial reporting.
• Budget Reports.
• Design Effective Internal Business Reports.
• Integrate Excel Graphics into Internal Reports.
• Developing and Using Business Dashboards.
• Create Effective Financial Presentations.
• Developments in Integrated Reporting (IR).
• Integrated Reports: Purpose, Structure, and Presentation.