Financial Management

The aim of this program is to guide participants in their acquisition of technical and problem solving skills in the area of corporate external financial reporting. Corporate external financial reporting comprises financial reporting by reporting entities to external stakeholders. It is mandatory for reporting entities to report in accordance with international accounting standards. Participants in this course will gain skills in reading, interpreting and applying accounting standards. This course builds on introductory financial accounting. The course is essential for all individuals exposed to financial information in the workplace including accountants, auditors, financial analysts, managers, bankers and oversight bodies involved in the preparation or use of company financial statements. It would also be useful for those not wishing to become accountants but who plan to specialize in areas where accounting knowledge would be an advantage such as bankers and finance professionals, journalists, lawyers, and those interested in management positions including engineers and scientists.

Learning Outcomes

Upon successful completion of this course, the participant will be able to:

  • Read and interpret international Accounting Standards;

  • Understand, interpret and apply principles and regulations relating to financial accounting and the preparation of financial statements;

  • Apply the processes of recognition, measurement and disclosure of accounting information in the preparation of general purpose financial statements;

  • Read and comprehend the articles written about accounting principles and practice;

  • Critically analyze and interpret case information and be able to develop a convincing argument to present their views on relevant accounting issues;

  • Work either individually or in a group to undertake research, solve problems and communicate their understanding of issues relating to the preparation of financial statements.

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