1. To record transactions and events
2. To prepare and analyze financial statements
3. To analyze and understand the statement of cash flows
4. To get the basics of accounting
In this first week you will learn the very basics of Financial Reporting. We will have a closer look at the principle elements of financial statements and discuss the possible frameworks for Financial Reporting. At the same time, you will have a chance to learn more about qualitative characteristics of financial information, recognition and measurement, and accounting information system.
In the second week of our course, we will dive into accounting for assets and financial instruments. We will have a closer look at both tangible non-current and intangible assets. We will also discuss the impairment of assets and talk about basic features of inventory and biological assets. After going through all that you will be introduced to accounting for financial instruments.
In the third week of our course, we will continue our exploration of reporting standards for different types of company assets and liabilities. This week's topics are very diverse and will include such themes as Accounting Policies, Estimates, and Errors, different types of Liabilities, Valuation of Inventories and Depreciation and Impairments. We will also start to look into Reporting Financial Performance.
Our fourth week is dedicated to studying different types of financial statements. We will look at all the key components of the company's reporting, such as the Statement of Financial Position, P&L, Statement of Changes in Equity, Statement of Cash Flow and Trial Balance. All this will be done with the help of our guest Irina Kotlyarova, Financial Planning and Analysis Manager at JTI. In the last video, we will discuss how to work around various events, which occur after reporting period.
In this week of our course, we will look deeper into Cash Flows Analysis. Our expert, Irina Kotlyarova, Financial Planning and Analysis Manager at JTI, will guide you through all three types of Cash Flows from Operating to Financial and Investment activities, and how to calculate them.
The last week of our course is all about Financial Statements and Ratio analysis. We will look at limitations that may occur during your work with different Financial Statements. After this week you will also know how to calculate all crucial ratios, which include Liquidity, Solvency, Profitability, and Market Value Ratios.
Высотская Анна Борисовна
Школа финансов: Доцент