Understanding Financial Statements

Financial statements monitor and communicate the performance of a business by providing information on a company’s current financial position and assets and liabilities. Whether making an investment decision, analysing a credit application or monitoring business progress, financial statements represent the best source of information on a company.

Finance and credit professionals need to understand the fundamental purpose and structure of financial statements and the way in which the information contained in them can be used. 

Who should attend?

• This short course is ideal for those seeking to develop a practical, detailed understanding of financial statements.
• Non-finance professionals or executives will also benefit from the course.
• Professionals looking for in-depth analysis skills to interpret financial statements should consider the Analysing Financial Statements course.

What will I learn?

• You will obtain the essential skills required to read and understand financial statements
• You will learn the key concepts underlying the preparation of financial statements and the differences between the statements prepared by public and private companies
• You will also gain an appreciation of the purpose and structure of the balance sheet, income statement and statement of cash flows, including details of line items that form each statement and what they represent.

What topics will be covered?

• basic concepts underlying financial statements
• assets, liability and equity
• profit, cashflow and other information
• major accounting issues.

How to register

In-house workshops:

Our workshops can be customised and delivered at your premises giving you access to the training you need, when you need it. For more information or to discuss your training needs, please call 1300 728 505 or via email corporatesolutions@kaplan.edu.au.

Kaplan Professional:

How to register? Please check our Calendar of Short Courses to see if the course you wish to attend is scheduled in your region. If it is scheduled in your region, click the relevant course name and follow the prompts.

Expressions of Interest: We can schedule workshops for small groups at mutually suitable times at Kaplan Professional. If you are interested in attending a workshop, please complete an Expression of Interest form to enable us assess the level of interest for that course. We will then place your name on our waiting list for that particular course and will contact you as soon as we have received sufficient interest to run the course. (A minimum of 8 participants is required to run a course.) Scheduled courses may then be open to the public.

For more information, please call 1300 527 526 or email pdmail@kaplan.edu.au.

* The PD points quoted here are intended to be used as a guide only. Your Compliance Manager or Professional Body may assess this program according to their own guidelines. To receive PD points please take this course outline to your Compliance Manager or Professional Body for accreditation.

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