Professional Financial Accounting and Reporting Skills Programme

Day 1 Fundamentals of Financial Accounting

• Purpose and role of financial accounting
• Basic accounting concepts and principles
• Users of financial information
• The accounting cycle overview

Day 2 Recording Financial Transactions

• Understanding source documents
• Recording transactions systematically
• Classifying financial information
• Maintaining accurate accounting records

Day 3 Adjustments and Period End Processes

• Accruals and prepayments
• Depreciation and asset treatment
• Provisions and estimates
• Preparing accounts for reporting

Day 4 Financial Statements Overview

• Purpose of financial statements
• Structure of key financial reports
• Relationships between financial statements
• Common reporting errors

Day 5 Preparing Financial Statements

• Preparing income statements
• Preparing statements of financial position
• Preparing cash flow information
• Ensuring accuracy and consistency

Day 6 Financial Reporting Standards and Controls

• Understanding financial reporting requirements
• Internal controls and documentation
• Ensuring transparency and reliability
• Managing compliance responsibilities

Day 7 Interpreting Financial Reports

• Reading and understanding financial statements
• Analysing financial performance and position
• Identifying trends and changes
• Communicating financial results clearly

Day 8 Using Financial Information for Management

• Supporting planning and budgeting
• Linking financial results to operational performance
• Supporting management decisions
• Improving financial awareness across teams

Day 9 Financial Reporting Challenges

• Managing reporting timelines
• Ensuring data quality and accuracy
• Addressing reporting risks
• Improving reporting processes

Day 10 Strengthening Financial Reporting Practices

• Reviewing current reporting approaches
• Enhancing reporting clarity and usefulness
• Building continuous improvement in accounting
• Preparing for future reporting needs