Financial Accounting and Reporting Training Course
Course Overview
| Course Title | Financial Accounting and Reporting Training Course |
| Organization | Tech For Development (T4D) |
| Venue | Tech For Development (T4D) Training Center along Tala Road, Runda, Nairobi |
| Duration | 5 days |
| Target Industries |
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| Target Job Roles |
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| Course Fees (Face-to-Face) | USD 1,100/KES 75,000 (Exclusive of VAT) |
| Course Fees (Virtual) | USD 1,000/KES 70,000 (Exclusive of VAT) |
| Training Modes | Virtual and face-to-face training |
| Payment | Payment should be made to the Tech For Development (T4D) bank account on or before the start of the course |
| Accreditation | Tech For Development Certificate of Course Completion |
Course Overview:
This 5-day course offered at T4D is a thorough introduction to the principles and practices of financial accounting and reporting. Designed for both finance professionals and non-finance individuals, this course provides participants with a comprehensive understanding of financial statements, accounting standards, and reporting processes. By the end of the course, participants will be equipped to interpret financial statements, apply accounting standards, and ensure compliance with regulatory requirements. This course includes practical exercises, real-life case studies, and detailed instruction on financial statement analysis.
Course Duration:
5 Days
Target Audience:
- Accountants and finance professionals
- Business managers with financial responsibilities
- Analysts and auditors
- Anyone involved in financial reporting or interested in financial accounting
Personal Impact:
- Gain a solid understanding of financial accounting principles and standards.
- Develop the skills to analyze and interpret financial reports accurately.
- Enhance decision-making abilities based on reliable financial information.
Organizational Impact:
- Improve the accuracy and transparency of financial reporting.
- Ensure compliance with accounting standards and regulations.
- Strengthen organizational financial health through better financial insights.
Course Objectives:
By the end of this course, participants will be able to:
- Understand and apply fundamental financial accounting principles.
- Prepare and analyze financial statements, including the income statement, balance sheet, and cash flow statement.
- Interpret and apply international accounting standards.
- Ensure accuracy and transparency in financial reporting.
- Communicate financial information effectively to stakeholders.
Course Modules
Course Outline:
Module 1: Introduction to Financial Accounting Principles
- Basic accounting concepts, principles, and standards
- Overview of the accounting cycle and double-entry accounting
- Key financial statements: income statement, balance sheet, cash flow statement
- Practical Exercise: Recording transactions and preparing trial balances
Module 2: Financial Statements Preparation and Analysis
- Detailed instruction on preparing core financial statements
- Analyzing financial statements for decision-making purposes
- Understanding key financial ratios and their implications
- Case Study: Analyzing a company's financial health through its statements
Module 3: Accounting Standards and Regulatory Compliance
- Overview of International Financial Reporting Standards (IFRS)
- Key IFRS standards relevant to financial reporting
- Compliance requirements and regulatory frameworks
- Practical Exercise: Applying IFRS to common financial scenarios
Module 4: Advanced Reporting Techniques and Disclosures
- Preparing consolidated financial statements
- Accounting for complex transactions (leases, pensions, deferred taxes)
- Required disclosures and best practices in financial reporting
- Case Study: Preparing and analyzing consolidated financial reports
Module 5: Financial Reporting and Communication
- Communicating financial information to stakeholders
- Best practices in financial reporting transparency and ethics
- Writing financial reports for management and investor presentations
- Real-life Project: Drafting and presenting a comprehensive financial report
Course Administration
Methodology
Instructor-led sessions use a blended learning approach combining presentations, guided practical exercises, web-based tutorials, and group work, delivered by seasoned industry experts. All facilitation and course materials are in English, so participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued a Tech For Development Certificate of Course Completion certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at the Tech For Development Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation & Airport Transfer
Arranged upon request.For reservations contact the Training Officer:
Email: [email protected]
Phone: (+254) 790 824 179
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our T4D Training Centre or at a convenient location.
Payment
Payment should be transferred to the T4D account through a bank on or before the start of the course. Send proof of payment to [email protected].
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