The 5-day training programme on Comprehensive Financial Accounting and Statement Analysis concluded today, covering a broad spectrum of key accounting principles. It began with foundational topics such as the Accounting Equation, financial statement analysis, and the differences between accrual and cash-based accounting. Participants gained hands-on experience with recording business transactions, journalizing, and preparing a Trial Balance, alongside discussions on revenue recognition, accounts adjustments, and internal controls.
The course progressed to advanced areas including inventory cost methods, depreciation, debt evaluation, and accounting for investments, long-term liabilities, equity, and dividends. The programme wrapped up with an exploration of the Statement of Cash Flows, common-size financial statements, and identifying red flags in financial analysis. Participants from various financial institutions actively engaged in these sessions, enhancing their ability to apply accounting and financial analysis skills in their professional roles.