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
Upcoming sessions
Curriculum
1
The financial accounting cycle
2
Four or five key financial statements
3
Management uses financial statements
4
Relationship among financial statements
5
Essential notes and disclosures to the financial statements
6
Basis of preparation
7
Accounting policies
8
Related parties' transactions
9
Contingencies
10
Risk management
11
Subsequent event
12
Simulation 1: Reporting on general information, the basis of preparation and significant accounting policies
1
Revenue and expense recognition: applying the accrual basis
2
Matching principle between revenues and expenses
3
Other comprehensive income components
4
Earnings per share reporting
5
Simulation 2: Mapping accounts and preparing income statements using Excel
6
Simulation 3: Creating Income Statement Disclosures
1
Minimum presentation requirements of balance sheet accounts
2
Definitions of accounts in the balance sheet
3
Correct presentation for a statement of owners' equity
4
Simulation 4: Mapping accounts and preparing equity and balance sheets using Excel
1
Exploring the three sections of a cash flow statements
2
Direct versus indirect method of cash flow statement preparation
3
Linking cash flow statements to notes
1
Accruals and unearned revenues
2
Prepayments and deferrals
3
Accounting estimates
1
Measuring and reporting accounts receivable
2
Estimating and accounting for bad debts
3
Costs to be capitalized in inventory value
4
Inventory cost flow assumptions
5
Presenting inventory at a lower cost or net realizable value
6
Simulation 5: Hands-on preparation of disclosures on current assets
7
Classifying, measuring and recording long-lived assets
8
Repairs, maintenance, and additions to long-lived assets
9
Depreciation and amortization
10
Disposal of long-lived assets
11
Accounting and reporting for intangibles
12
Accounting for investments
13
Passive investment, exercising significant influence or control
14
Types of equity and debt investments
15
Simulation 6: Hands-on preparation of disclosures on non-current assets
16
Definitions and classification of liability accounts
17
Types of ownership and stock
18
Accounting for capital and dividends
19
Simulation 7: Required disclosures on long-term obligations and equity
20
Wrapping it up: Linking notes to the face of financial statements
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
Learning Outcomes
Upon finishing the course, you will be able to do the following:
1
Understand essential financial accounting principles thoroughly
2
Learn to prepare accurate financial statements for regular reporting
3
Develop the ability to critically assess and evaluate financial data
4
Gain proficiency in proper formatting and disclosure requirements
5
Acquire insights to produce comprehensive integrated reports
6
Implement International Financial Reporting Standards (IFRS) in real-world scenarios
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.
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
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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
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