Annual Report and Financial Statements Preparation

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • July-15-2024

    Kuala Lumpur

  • Aug-19-2024

    Kuala Lumpur

  • Sep-16-2024

    Kuala Lumpur

  • Oct-21-2024

    Kuala Lumpur

  • Nov-18-2024

    Kuala Lumpur

  • Dec-16-2024

    Kuala Lumpur

Dates in Other Venues

  • June-24-2024

    Singapore

  • June-24-2024

    Paris

  • July-01-2024

    Dubai

  • July-01-2024

    Barcelona

  • July-08-2024

    Amsterdam

  • July-08-2024

    London

  • July-15-2024

    Istanbul

  • July-22-2024

    Barcelona

  • July-22-2024

    Singapore

  • July-29-2024

    Paris

  • July-29-2024

    Dubai

  • Aug-05-2024

    Dubai

  • Aug-05-2024

    Barcelona

  • Aug-12-2024

    London

  • Aug-12-2024

    Amsterdam

  • Aug-19-2024

    Istanbul

  • Aug-26-2024

    Paris

  • Aug-26-2024

    Singapore

  • Sep-02-2024

    Dubai

  • Sep-02-2024

    Barcelona

  • Sep-09-2024

    Amsterdam

  • Sep-09-2024

    London

  • Sep-16-2024

    Istanbul

  • Sep-23-2024

    Singapore

  • Sep-23-2024

    Barcelona

  • Sep-30-2024

    Dubai

  • Sep-30-2024

    Paris

  • Oct-07-2024

    Barcelona

  • Oct-07-2024

    Dubai

  • Oct-14-2024

    London

  • Oct-14-2024

    Amsterdam

  • Oct-21-2024

    Istanbul

  • Oct-28-2024

    Singapore

  • Oct-28-2024

    Paris

  • Nov-04-2024

    Dubai

  • Nov-04-2024

    Barcelona

  • Nov-11-2024

    London

  • Nov-11-2024

    Amsterdam

  • Nov-18-2024

    Istanbul

  • Nov-25-2024

    Singapore

  • Nov-25-2024

    Paris

  • Dec-02-2024

    Barcelona

  • Dec-02-2024

    Dubai

  • Dec-09-2024

    Amsterdam

  • Dec-09-2024

    London

  • Dec-16-2024

    Istanbul

  • Dec-23-2024

    Singapore

  • Dec-23-2024

    Barcelona

  • Dec-30-2024

    Paris

  • Dec-30-2024

    Dubai

Course Details

Course Outline

5 days course

 

The Accounting Cycle

 

  • Understanding the Accounting Cycle
  • Supporting Documents
  • Analyzing Transactions and Recording in the System
  • Preparing Ledgers and General Ledgers (GL)
  • Converting the GL to Trial Balance (TB)
  • Types of Adjusting Entries
  • The Adjusted Trial Balance (ATB)
  • Mapping ATB to the Financial Statements
  • Preparing Financial Statements
  • Closing the Books
  • Preparing the Post-Closing Trial Balance (PCTB)

 

The Cash Cycle

 

  • Cash versus profit.
  • The flow of money in and out of a company.
  • How this is managed and controlled.
  • Customers & Suppliers: The collection and payment processes.
  • Where finance comes from.
  • Basic cash flow statements.

 

Chart of Accounts and Design Techniques

 

  • Designing Chart of Accounts
  • Maintenance of Chart of Accounts
  • Analyzing Chart of Accounts
  • Reconciliations and Important Issues
  • Creating the Trial Balance

 

Accounting Adjusting Entries

 

  • Understanding Deferrals
  • Deferred Revenues and Entries
  • Deferred Expenses Entries
  • Working with Accruals
  • Adjusting for Accrued Revenues
  • Accrued Expenses Entries
  • Other Adjustments and Corrections
  • Preparing the Adjusted Trial Balance

 

Preparing Financial Statements and Notes

 

  • Mapping the Adjusted Trial Balance to the Financial Statements
  • Preparing Income Statements
  • Preparing Balance Sheets
  • Preparing Cash Flow Statements
  • Preparing the Equity Statements
  • Reading and Interpreting the Audit Opinion

 

Notes to the Financial Statements

 

  • Understanding the Requirements for the Notes
  • Organization and Activities of Notes
  • Basis for Preparation
  • Summary of Significant Accounting Policies
  • Accounting Convention
  • Use of Estimates
  • Completing the Financial Statements and the Notes

Course Video