This course
is designed to prepare learners to interpret and analyze financial statements
for tasks such as credit and security analyses, lending and investment
decisions, and other decisions that rely on financial data. This course
explores in greater depth financial reporting from the perspective of financial
statement users. Learners develop a sufficient understanding of the concepts
and recording procedures and therefore are able to interpret various
disclosures in an informed manner. Learners will also be able to compare
companies financially, understand cash flow, and grasp basic profitability
issues and risk analysis concepts. Ultimately, students who complete this
course develop a more efficient and effective approach to researching,
interpreting, and analyzing financial statements.
Advanced
financial accounting is designed to provide you with financial reporting and
business skills that are applicable in an international professional
environment. The subject is based on the International Financial Reporting
Standards (IFRSs), which are issued by the International Accounting Standards
Board (IASB). Many international jurisdictions have adopted or are
progressively adopting the IFRSs.
Apply the framework of financial statements analysis
Use ratio and financial analysis
Interpret company financials and industry position
Appraise the process of company evaluation and analysis
Analyze real-life financial statements from companies traded on the world and stock exchanges
·
The Conceptual Framework
for Financial Reporting
·
Presentation of Financial
Statements
·
Accounting Policies,
Changes in Accounting Estimates, and Errors
·
Events After the Reporting
Period
·
Inventory
·
Property, Plant, and Equipment
·
The Effects of Change in
Foreign Exchange Rates
·
Borrowing Costs
·
Provisions, Contingent
Liabilities, and Contingent Assets
·
Investment Property
·
Stockholder’s equity.
·
AR Cycle
·
Investment
·
Net Present Value (NPV)
Method
·
Future Value
·
Leases
·
Vertical Common-Size
Statements
·
Horizontal Common-Size
Statements
·
Liquidity Ratios.
·
Activity Ratios.
·
Leverage and Solvency
Ratios
·
Coverage Ratios
·
Profitability Ratios
·
Financial analysts
·
Department heads
·
Senior management team members
·
Financial controllers
·
Treasurers
·
Finance managers
·
Chief and financial accountants who perform business
analysis and provide financial recommendations
