Programme Objective

The seminar provides guidance to help participants prepare financial statements.  The primary emphasis of this seminar is on FRS 1, FRS 7 and FRS 10.

The seminar also examines the practical issues when preparing financial statements

Programme Outline

• FRS 1 Presentation of Financial Statements

• Fair presentation and compliance with FRSs
• Going concern
• Materiality, aggregation and offsetting
• Comparative information
• Consistency of preparation

• Structure and contents of financial statements

• Transaction with shareholders
• Disclosure of accounting policies
• Capital disclosure

• FRS 7 Statement of Cash Flows

• Cash and cash equivalents
• Cash flows from operating activities
• Cash flows from investing activities
• Cash flows from financing activities
• Non-cash transactions
• Disclosure requirements

• FRS 10 Events after the Reporting Period

• Adjusting events
• Non-adjusting events
• Treatment of dividends
• Going concern

• Discuss common errors noted in financial statements and includes examples of presentation and disclosure

Training Methodology

Lecture style with practical illustrations and interactive discussion 

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

Professional Accountants who are involved in the preparation of financial statements

Programme Facilitator(s)