Course Agenda - Day 1

next page >>

Course Timing

Registration will be at 8:00 on Day One. All five days will commence at 8:30 and conclude at 14:30 with lunch. There will be two refreshment breaks at 10.30 and 12.30 approximately.

Day One – Sunday, 8 June 2008

The Accounting Process – From Transactions To Financial Information
• The accounting records
• Income vs expenditure
• Assets vs liabilities
• The basic interaction between the financial statements
• The world of accounting (brief overview)
• Capital vs revenue and expenditure
• Other terminology and jargon

Case Study: Overview of a set of comprehensive Financial Statements An applied review of a set of financial statements which will develop key accounting concepts and balances

Balance Sheet
• Intangible assets
• Tangible assets
• Current assets
• Prepayments
• Cash
• Provisions
• Accruals
• Liabilities
• Share capital and reserves

Profit And Loss Account Vs Balance Sheet
• The categorisations within both
• The inter-relationship between the Profit and Loss and the Balance Sheet
• Depreciation
• Taxation
• Revenue recognition

Case Study: Coles Myer Ltd (CML)                       Navigating around an annual report

The Annual Financial Statements
• Why they are produced?
• Major changes that have taken place and are currently taking place
• Contents
• What to look for                                                                                                     

next page >>

                                                                           

Day

1

2

3

4

5