Financial Accounting and Reporting (FA&R) Course

Master financial accounting & corporate reporting

24 hours of in-depth training

Engage in real-world financial scenarios

Get guided sessions from industry experts

Create balance sheets & cash flow statements

Get prepared for the FA&R exam

Customizable group training options

4.9/5

3300 Enrolled

Overview

What you will master with us:

Prepares you to interpret key financial statements like income statements, balance sheets, and cash flow statements
Provides essential skills to prepare accurate financial statements for informed decision-making
Develops a thorough understanding of financial reporting and its role in showcasing a company’s financial health
Offers clarity on modern financial reporting trends and practices
Expands your professional network, enhancing your resume and career opportunities
Equips you with up-to-date knowledge to stay competitive in the evolving accounting field

Learning Objectives

Upon finishing the course, you will be able to do the following:

Understand essential financial accounting principles thoroughly

Learn to prepare accurate financial statements for regular reporting

Develop the ability to critically assess and evaluate financial data

Gain proficiency in proper formatting and disclosure requirements

Acquire insights to produce comprehensive integrated reports

Implement International Financial Reporting Standards (IFRS) in real-world scenarios

Ready to get started?

Prerequisites

The prerequisites to apply for the Financial Accounting and Reporting Course are as follows:

Earn a Bachelor's in Accounting or a related field
Complete at least 1 internship
Gain experience up to 3 years
Pursue an advanced degree

Overall ratings by our students

Upcoming sessions

Dr. Srinivas, PhD., MSc., MBA, LLB, CMA, CPA, PMP

Dr. Srinivas Reddy is a skilled Corporate Trainer with a solid finance background and diverse credentials. He delivers effective learning solutions for finance and accounting teams, specializing in financial, cost, and tax accounting.

Dr. Reddy, a resourceful trainer, creates engaging and effective learning environments. He is dedicated to assessing training needs and closely monitors progress to provide relevant guidance, boosting participants' skills and productivity.

Dr. Reddy is not just a corporate trainer; he’s also deeply involved in community service. His commitment to both personal and professional growth makes him stand out.

Core Competencies:

Exceptional competency in the finance domain
Outstanding communication & presentation skills
Strong teaching proficiency
Expertise across different verticals

Professional Qualifications:

Certified Public Accountant (CPA), The American Institute of Certified Public Accountants, U.S.A
Certified Management Accountant (CMA), The Institute of Management Accountants, USA
Certified Fraud Examiner (CFE), Association of Fraud Examiners, USA
Certified Cost Accountant (ICWA), The Institute of Cost and Works Accountants of India, India
Project Management Professional (PMP), Project Management Institute

Dr. Srinivas, PhD., MSc., MBA, LLB, CMA, CPA, PMP

KHDA Certificate

Earn a KHDA attested Course Certificate. The Knowledge and Human Development Authority (KHDA) is the educational quality assurance and regulatory authority of the Government of Dubai, United Arab Emirates.

Learners Point Certificate

Earn a Course Completion Certificate, an official Learners Point credential that confirms that you have successfully completed a course with us.

Related courses

Curriculum

The financial accounting cycle
Four or five key financial statements
Management uses financial statements
Relationship among financial statements
Essential notes and disclosures to the financial statements
Basis of preparation
Accounting policies
Related parties' transactions
Contingencies
Risk management
Subsequent event
Simulation 1: Reporting on general information, the basis of preparation and significant accounting policies

Revenue and expense recognition: applying the accrual basis
Matching principle between revenues and expenses
Other comprehensive income components
Earnings per share reporting
Simulation 2: Mapping accounts and preparing income statements using Excel
Simulation 3: Creating Income Statement Disclosures

Minimum presentation requirements of balance sheet accounts
Definitions of accounts in the balance sheet
Correct presentation for a statement of owners' equity
Simulation 4: Mapping accounts and preparing equity and balance sheets using Excel

Exploring the three sections of a cash flow statements
Direct versus indirect method of cash flow statement preparation
Linking cash flow statements to notes

Accruals and unearned revenues
Prepayments and deferrals
Accounting estimates

Measuring and reporting accounts receivable
Estimating and accounting for bad debts
Costs to be capitalized in inventory value
Inventory cost flow assumptions
Presenting inventory at a lower cost or net realizable value
Simulation 5: Hands-on preparation of disclosures on current assets
Classifying, measuring and recording long-lived assets
Repairs, maintenance, and additions to long-lived assets
Depreciation and amortization
Disposal of long-lived assets
Accounting and reporting for intangibles
Accounting for investments
Passive investment, exercising significant influence or control
Types of equity and debt investments
Simulation 6: Hands-on preparation of disclosures on non-current assets
Definitions and classification of liability accounts
Types of ownership and stock
Accounting for capital and dividends
Simulation 7: Required disclosures on long-term obligations and equity
Wrapping it up: Linking notes to the face of financial statements

Frequently asked questions

The Financial Accounting and Reporting course enhances your skills in financial accounting. It emphasises corporate reporting, ensuring you understand how to prepare and interpret key financial statements such as income statements, balance sheets, and cash flow statements. The course stays current with the latest developments in the field, incorporating recent trends and best practices in financial reporting.

It also emphasises the importance of complying with accounting standards and regulatory requirements, so you can effectively apply your skills in real-world situations. By the end of the course, you will have the expertise to assess a company's financial health and make evidence-based decisions that improve business strategy and increase transparency.

The FA&R course will help you bridge the gap between finance and accounting by providing essential knowledge of key accounting concepts. You will learn how to prepare and analyse financial statements such as balance sheets and cash flow statements, as well as stay informed about the latest trends in corporate reporting. You will gain confidence in applying accounting principles, enabling you to make better-informed decisions and contribute more effectively to financial planning and reporting.

The FA&R course aims to keep you up-to-date with the latest trends and standards in financial reporting and accounting. By aligning with modern practices and regulatory frameworks, the course helps you stay well-informed in relevant areas. You will gain practical experience with the newest reporting tools, enhance your ability to analyse finances, and stay current with emerging financial regulations so you can become a more skilled and competitive professional in today's fast-evolving accounting environment.

Yes, the course covers financial risk management. It teaches identifying, analysing, and reporting risks in financial statements, helping you understand how to address potential risks in business and financial reporting.

You’ll gain skills in financial statement preparation, data analysis, application of accounting standards, and insight into regulatory compliance for accurate financial reporting.

The Financial Accounting and Reporting course equips you with valuable skills for financial reporting roles, enhancing job prospects in accounting, finance, and other related fields.

The top trends in Finance Jobs In Dubai are as follows:

1)Public Accounting
2)Corporate Finance
3)Investment Banking

Yes, this Financial Accounting and Reporting course is ideal for non-finance professionals. The curriculum is taught by expert instructors. It covers essential skills in financial reporting and understanding financial statements. It also focuses on informed decision-making.

The best Finance Training Programs in Dubai are as follows:

1) Chartered Financial Analyst (CFA)
2) Finance for Non-Finance Professionals
3) Advanced Excel with Financial Modelling
4) Financial Accounting & Reporting for Public Sector
5) Public Financial Management (PFM)

Enrolling is easy. Visit our website or contact our team to get started, and we’ll guide you through the enrollment process and answer all additional questions.

Upon course completion, you will gain the following skills:

1. Interpret financial statements
2. Prepare balance sheets and cash flow statements
3. Calculate financial ratios
4. Improve decision-making skills
5. Enhance career prospects
6. Strengthen financial reporting abilities

The prerequisites to apply for the Financial Accounting and Reporting Course are as follows:

1)Earn a Bachelors in Accounting or a Related Field
2)Complete at Least One Internship
3)Gain Experience up to Three Years
4)Pursue an Advanced Degree