Advanced Financial Analysis
|
|
- Agnes Gaines
- 5 years ago
- Views:
Transcription
1 Advanced Financial Analysis A Practical 3-day Workshop This course is presented in London on: September The Banking and Corporate Finance Training Specialist
2 Course Overview Understanding financial statements and forecasts used to analyse and value businesses is fundamental to the role of any analyst or investor. Unfortunately companies at times have incentives to manipulate their reported results (for better or worse) that are not aligned with investors in the business. This course helps the participants to understand firstly, the main types of manipulation that take place Course in practice Overview (including recent public company examples), then looks at how these types of manipulation can be identified and an assessment of the quality of a company s financial reporting arrived at through the use of analytical techniques. The course deals with numerous accounting issues and provides the latest state of accounting under IFRS and US GAAP. This course is run in an interactive, participative format, where participants learn by doing. The key concepts covered in the main teaching sessions are punctuated and illustrated by detailed case and modelling work. The approach has been designed to equip participants to put key concepts into practical use immediately. By the end of this course participants will understand: The key methods used to manipulate financial statement and forecasts How to analyse historic financial statements using advanced ratio analysis to assess the quality of the financial reporting and the financial health of the business How to analyse and assess financial forecasts using different accounting issues Much of the course work involves Excel modelling and analysis, equipping participants with the tools to analyse financial models: Building up from partially-complete models Working with integrated financial statements Running scenarios, iterating and optimising Each participant should bring a lap top with USB port to the course to facilitate modelling work Course Content Day 1 Accounting overview where manipulation and fraud commonly take place Conditions that may result in accounting manipulation Incentives and pressures to manipulate Opportunity Attitude of management Case study Analysing the conditions for fraud Enron Common forms of manipulation and fraud income statement Revenue recognition issues When is a sale not a sale
3 Accounting rules governing revenues Earning revenue principal or agent? The problems with long term contracts Abnormal sales growth, the Symbol effect Revenue recognition red flags Case study The participants analyse a case company s accounting for revenue and suggest adjustments to correct manipulation Case study Symbol Inc From revenue to EBIT Increasing income from one off events Misleading classifications Capitalising interest Manipulation of cost of goods sold Cost deferral and impairments Inventories, growth vs sales and valuation issues EBIT manipulation red flags Case study Enron red flags Other income statement issues Shifting current expenses to a later period Identifying capitalisation issues Case study Thomson Research Techniques to hide expenses or losses Shifting current income to a later period Shifting future expenses to an earlier period Case study Xerox Day 2 Evaluating the quality of financial reporting ratio analysis Quantitative tools used to assess financial reporting quality Dupont analysis ROE and ROCE analysis Extended Dupont analysis Further ratio analysis Working capital and asset based analysis Assessing divisional performance Credit based analysis Altman z scores Accruals based analysis Case study The participants analyse the case study company and produce the first set of ratios to assess the quality of the financial reporting to identify where the accounts may have been manipulated Case study The participants analyse a case company s accounting for further income statement issues and suggest adjustments to produce a clean set of historic numbers
4 Common forms of manipulation and fraud balance sheet Long life assets What does an asset cost? Amortisation and depreciation issues Asset lives and depreciation rates Case study The participants analyse a case company s accounting for PPE and Intangibles for manipulation Off balance sheet financing Accounting for leases the operating lease disappears Treatment of leases for valuation purposes Liability calculation Balance sheet adjustments Pension accounting income statement and balance sheet issues Accounting for pensions Correct allocation of costs EBIT or not Which liability and effect on valuation Day 3 Common forms of manipulation and fraud balance sheet (continued) Financial instruments recognition and valuation The after effects of the financial crisis new accounting rules for financial instruments Fair vs historic cost assessment and effects on valuation balance sheet items and suggest adjustments to correct manipulation Foreign currency issues translation and transaction effects Which currency to use Calculation of translation effect Implications for valuation balance sheet items and suggest adjustments to correct manipulation Common forms of manipulation and fraud cash flow Picking up the trail earnings vs cash Operating vs other cash flows improving cash conversion Manipulating working capital for cash flow Receivables Payables Accounting for cash and the quality of cash holdings Does the cash exist? Polly Peck and Cyprus cash flow statement items and suggest adjustments to correct manipulation
5 09:30-17:00 London 1,650+VAT ( 1,980) Discounts available for multiple participants: 3-4 participants: 15% discount per participant 5-6 participants: 20% discount per participant 7-8 participants: 25% discount per participant 9 or more participants: 30% discount per participant Delivering this course in-house for you to a number of participants could be very cost effective. enquiries@redcliffetraining.co.uk +44 (0)
Advanced Financial Analysis
Advanced Financial Analysis A Practical 3-day Workshop This course can also be presented in-house for your company or via live on-line webinar The Banking and Corporate Finance Training Specialist Course
More informationIFRS 9: The Latest Updates
IFRS 9: The Latest Updates A detailed understanding of the latest IFRS 9 updates This course is presented in London on: 20 June 2018, 18 October 2018 This course can also be presented in-house for your
More informationBasic Financial Modelling in Excel
Basic Financial Modelling in Excel A Two Day Programme This course is presented in London on: 14-15 May 2018 This course can also be presented in-house for your company or via live on-line webinar The
More informationBasic Financial Modelling in Excel
Basic Financial Modelling in Excel A Two Day Programme This course is presented in London on: DATES TBD This course can also be presented in-house for your company or via live on-line webinar The Banking
More informationFinancial Analyst Training Programme 10 Days
Financial Analyst Training Programme 10 Days Delegate Profile: This course is targeted at delegates who are new to banking and finance and provides a comprehensive overview of financial reporting, financial
More informationExaminable Documents September 2017 to June 2018
Examinable Documents September 2017 to June 2018 FINANCIAL REPORTING The examinable documents below are applicable to the International and UK papers as indicated at the start of each table. Knowledge
More informationREPARIS. IFRS 9 Classification and Measurement. Shamim Diouman
REPARIS THE ROAD TO EUROPE: PROGRAM OF ACCOUNTING REFORM AND INSTITUTIONAL STRENGTHENING IFRS 9 Classification and Measurement Shamim Diouman REPARIS IFRS Seminar for banking supervisors Croatia National
More informationFinancial Statement and Financial Analysis
Financial Statement and Financial Analysis A 3 Day Course This in-house course can also be presented face to face in-house for your company or via live in-house webinar The Banking and Corporate Finance
More informationFINANCIAL STATEMENTS 2018
FINANCIAL STATEMENTS 2018 CONTENTS 2 Auditor s Report 7 Directors Responsibility Statement 8 Statement of Comprehensive Income 9 Statement of Financial Position 10 Statement of Changes in Equity 11 Statement
More informationACCOUNTING AND COMPARISON OF IFRS AND GAAP
ACCOUNTING AND COMPARISON OF IFRS AND GAAP SECTOR / ACCOUNTING AND FINANCE NON-TECHNICAL & CERTIFIED TRAINING COURSE The training program outline is up to date and pertinent to marketplace requirements,
More informationFinancial Statement Fraud
Financial Statement Fraud 91 Errors, Irregularities, and Fraud Error unintentional misstatements or omissions of amounts or disclosures on financial statements Fraud is intentional 92 How errors and manipulations
More informationIntergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR)
Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) 31st SESSION 15-17 October 2014 Room XVIII, Palais des Nations, Geneva Friday, 17 October 2014 Afternoon
More information2. The group received a summary of the Board s current workplan.
Meeting notes Global Preparers Forum The Global Preparers Forum (GPF) met in London on 22 March 2019. The meeting was chaired by Martin Edelmann, IASB member. 1. Members discussed the following topics:
More informationCourse 4200: Detecting and Investigating Financial Statement Fraud (2 days)
Course 4200: Detecting and Investigating Financial Statement Fraud (2 days) Course introduction This two-day immersion course provides an in-depth examination of financial statement fraud how it is defined,
More informationFinancial Statement Analysis
14-1 Chapter 14 Financial Statement Analysis 14-2 Learning Objectives After studying this chapter, you should be able to: 1. Discuss the need for comparative analysis. 2. Identify the tools of financial
More informationExaminable Documents September 2018 to June 2019
Examinable Documents September 2018 to June 2019 FINANCIAL REPORTING The examinable documents below are applicable to the International and UK papers as indicated at the start of each table. Knowledge
More informationExaminer's Answers F2 - Financial Management March 2014
Examiner's Answers F2 - Financial Management March 2014 Some of the answers that follow are fuller and more comprehensive than would be expected from a well-prepared candidate. They have been written in
More informationStatement of Intent 2018/19
Statement of Intent 2018/19 1. Introduction This Statement of Intent (SOI) sets out the intentions and expectations of New Zealand Local Government Funding Agency Limited (LGFA). The LGFA is enabled under
More informationAgenda. Workshop II: Financial Accounting
1 Workshop II: Financial Accounting Agenda Qualitative Factors SEC Regulations Balance Sheet Income Statement Cash vs. Accrual Accounting Statement of Cash Flows 2 Qualitative Factors What analysts look
More informationAccounting for Business Combinations (M&A)
Accounting for Business Combinations (M&A) This in-house course can also be presented face to face in-house for your company or via live on-line webinar The Banking and Corporate Finance Training Specialist
More informationCourse 7804: Financial Analysis and Corporate Valuation - Comprehensive Workshop (5 days) Course introduction. Topics
Course 7804: Financial Analysis and Corporate Valuation - Comprehensive Workshop (5 days) Course introduction The Financial Analysis section of the course will help participants understand and analyze
More informationInterpretation of consolidated financial statements
Interpretation of consolidated financial statements F7 for exams in September 2016, December 2016, March 2017 and June 2017 There are additional issues to be considered when calculating and analysing ratios
More informationCourse 2201: US GAAP Accounting for Financial Instruments (2 days)
Course introduction In recent years the use of derivatives and other financial instruments, in particular for treasury risk management, has increased substantially. This has resulted in complex accounting
More informationFinancial statements. Group financial statements. Company financial statements. 68 Independent auditor s report 74 Consolidated income statement
Strategic report Governance Financial statements Financial statements Group financial statements 68 Independent auditor s report 74 Consolidated income statement 75 Consolidated statement of comprehensive
More informationFINANCIAL REPORTING WORKSHOP **IFRS 9: FINANCIAL INSTRUMENTS** Presentation by: CPA Boniface L Souza, ACIM, CFIP Wednesday, 15 th November 2017
FINANCIAL REPORTING WORKSHOP **IFRS 9: FINANCIAL INSTRUMENTS** Presentation by: CPA Boniface L Souza, ACIM, CFIP Wednesday, 15 th November 2017 Uphold public interest Agenda Why the transition to IFRS
More informationIndian Accounting Standard (Ind AS) 114, Regulatory Deferral Accounts
Indian Accounting Standard (Ind AS) 114, Regulatory Deferral Accounts (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold
More informationFM119: Saudi GAAP Transition to International Financial Reporting Standards (IFRS): Compliance with SOCPA
FM119: Saudi GAAP Transition to International Financial Reporting Standards (IFRS): Compliance with SOCPA FM119 Rev.001 CMCT COURSE OUTLINE Page 1 of 5 Training Description: Do you want to prepare your
More informationStatement of Intent 2017/18
Statement of Intent 2017/18 1. Introduction This Statement of Intent (SOI) sets out the intentions and expectations of New Zealand Local Government Funding Agency Limited (LGFA). The LGFA is enabled under
More informationBusiness Case Modelling 2 Day Course This course is presented in London on: October, May 2018, November 2018
Business Case Modelling 2 Day Course This course is presented in London on: 30-31 October, 17-18 May 2018, 29-30 November 2018 The Banking and Corporate Finance Training Specialist Background of the trainer
More information112 Pearson plc Annual report and accounts Page Title
112 Pearson plc Annual report and accounts 2016 Page Title Section 5 Financial statements 113 Financial statements In this section Consolidated financial statements 114 Independent auditor s report to
More informationQuestions 1 and 2 are additions to the questions in the 2012 F7 Practice and Revision kit.
F7 UK supplement questions Questions 1 and 2 are additions to the questions in the 2012 F7 Practice and Revision kit. 1. Question 9 Pricewell Regarding the contract in note (ii), calculate the following
More informationTHE ZIMBABWE CHARTERED ACCOUNTANTS EXAMINATION BOARD
THE ZIMBABWE CHARTERED ACCOUNTANTS EXAMINATION BOARD Integrity House, P.O. Box CY 1079, Cnr. Bath Road and Second Street Causeway, Harare. Zimbabwe. Tel: 263 4 793674/960/252672 Fax: 263 4 706245 E-mail:
More informationDiploma in IFRS. Units with Learning Outcomes and Assessment Criteria
Diploma in IFRS Units with Learning Outcomes and Assessment Criteria Unit 1-IASB and regulatory framework Understand the need and role of the regulatory system Describe the impact of globalization Describe
More informationCourse 1790: In-depth IFRS for Banks and other Financial Institutions (5 days)
Course 1790: In-depth IFRS for Banks and other Financial Institutions (5 days) Course introduction This workshop provides a detailed review of the significant technical requirements of International Financial
More informationCast. The following information has been extracted from Cast s financial statements for the year ended 31 March 2015
Cast The following information has been extracted from Cast s financial statements for the year ended 31 Accounting policies (extract only) Vendor Agreements Some of our vendors provide us with cash payments
More informationApplied Financial Mathmatics in Excel This course can also be presented in-house for your company or via live on-line webinar
Applied Financial Mathmatics in Excel This course can also be presented in-house for your company or via live on-line webinar The Banking and Corporate Finance Training Specialist Course Overview This
More informationValuing A Business. This course is presented in London on: 24 October January July November 2019
Valuing A Business This course is presented in London on: 24 October 2018 16 January 2019 10 July 2019 13 November 2019 This course can also be presented in-house for your company or via live on-line webinar
More informationMeeting notes Capital Markets Advisory Committee
Meeting notes Capital Markets Advisory Committee The Capital Markets Advisory Committee (CMAC) met on 2 March 2018 at the London offices of the International Accounting Standards Board (Board). Recordings
More informationConsolidated Statement of Profit or Loss (in million Euro)
Consolidated Statement of Profit or Loss (in million Euro) Q1 2016 Q1 2017 % change Revenue 603 588-2.5% Cost of sales (408) (396) -2.9% Gross profit 195 192-1.5% Selling expenses (84) (86) 2.4% Research
More informationBusiness Case Modelling 2 Day Course
Business Case Modelling 2 Day Course This course can be presented in-house for you on a date of your choosing 17 th 18 th May & 29 th 30 th Nov 2018 The Banking and Corporate Finance Training Specialist
More informationConsolidated Statement of Profit or Loss (in million Euro)
Consolidated Statement of Profit or Loss (in million Euro) Q3 2015 Q3 2016 % change 9m 2015 9m 2016 % change Revenue 661 625-5.4% 1,974 1,873-5.1% Cost of sales (453) (415) -8.4% (1,340) (1,239) -7.5%
More informationOctober 2010 Audit. Tax. Consulting. Corporate Finance
IFRS Survey 2010 A closer look at financial reporting in Switzerland October 2010 Audit. Tax. Consulting. Corporate Finance Contents 1. Executive summary 1 2. Survey objectives 2 3. Overview of the financial
More informationNovember Changes To The Financial Reporting Framework In Singapore
November 2009 Changes To The Financial Reporting Framework In Singapore The information in this booklet was prepared by the Technical Department of Deloitte & Touche LLP in Singapore ( Deloitte Singapore
More informationApplied Financial Mathmatics in Excel
Applied Financial Mathmatics in Excel This in-house course can also be presented face to face in-house for your company or via live in-house webinar The Banking and Corporate Finance Training Specialist
More informationFM010: IFRS Update Seminar 2016
FM010: IFRS Update Seminar 2016 FM010 Rev.001 CMCT COURSE OUTLINE Page 1 of 4 Training Description: Our International Financial Reporting Standards (IFRS) 2016 updates will help build the knowledge you
More informationRegulatory Deferral Accounts
IFRS Standard 14 Regulatory Deferral Accounts In January 2014 the International Accounting Standards Board issued IFRS 14 Regulatory Deferral Accounts. IFRS 14 permits a first-time adopter of IFRS Standards
More informationChapter 5: Using Financial Statement Information
1 Chapter 5: Using Financial Statement Information 2 Control and Prediction Financial accounting numbers are useful in two fundamental ways: They help investors and creditors influence and monitor the
More informationSUMMARY OF IASB WORK PLAN AS AT 14 NOVEMBER 2017
SUMMARY OF IASB WORK PLAN AS AT 14 NOVEMBER 2017 Page Standard-setting and Related Projects... 2 Conceptual Framework... 2 Disclosure Initiative Definition of Materiality... 3 Rate-regulated Activities...
More informationExaminer s report F7 Financial Reporting September 2016
Examiner s report F7 Financial Reporting September 2016 General Comments The September 2016 was sat by candidates using the traditional paper-based exam (PBE) and, for the first time, the new computer-based
More informationTD Bank Group Reports First Quarter 2018 Results Report to Shareholders Three months ended January 31, 2018
TD Bank Group Reports First Quarter 208 Results Report to Shareholders Three months ended January 3, 208 The financial information in this document is reported in Canadian dollars, and is based on the
More informationFinancial Statements. Financial Statements
Financial Statements 99 Financial Statements 100 Statement of Directors Responsibilities 101 Independent Auditor s Report to the Members of J Sainsbury plc Consolidated Financial Statements 106 Consolidated
More informationRestatement of 2004 Results under International Financial Reporting Standards. Grafton Group plc
Restatement of 2004 Results under International Financial Reporting Standards Grafton Group plc 6 July 2005 1 6 July 2005 RESTATEMENT OF 2004 RESULTS UNDER IFRS Grafton Group plc today announces the impact
More informationMr Hans Hoogervorst Chairman International Accounting Standards Board 30 Cannon Street London EC4M 6XH. Submitted electronically to
Mr Hans Hoogervorst Chairman International Accounting Standards Board 30 Cannon Street London EC4M 6XH Submitted electronically to www.ifrs.org 5 th November 2013 Dear Mr Hoogervorst EFFECTIVE DATE OF
More informationThe Role of Fair Value and Value in Use in IFRS Financial Statements
The Role of Fair Value and Value in Use in IFRS Financial Statements Profit The Framework modified by current IFRS Opening net assets Changes in net assets Closing net assets Transactions with owners as
More informationFinancial Statement Analysis. Cash Flow Statement
Financial Statement Analysis Cash Flow Statement 1 The Articulation of the Financial Statements Beginning stocks Flows Ending stocks Cash Flow Statement Beginning Balance Sheet Cash Cash from operations
More informationInvitation to comment Exposure Draft ED/2017/4 Property, Plant and Equipment Proceeds before Intended Use
Ernst & Young Global Limited Tel: +44 [0]20 7980 0000 6 More London Place Fax: +44 [0]20 7980 0275 London ey.com SE1 2DA Tel: 023 8038 2000 International Accounting Standards Board 30 Cannon Street London
More informationNotes to the financial statements
132 Beazley Annual report Notes to the financial statements 1 Statement of accounting policies Beazley plc (registered number 09763575) is a company incorporated in England and Wales and is resident for
More informationIFRS CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 AND
IFRS CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 AND INDEPENDENT AUDITOR S REPORT IFRS consolidated financial statements for the year ended 31 December 2016 CONTENTS Page Independent
More informationIndependent Auditor s Report To the Members of Stobart Group Limited
Financial Statements Independent Auditor s Report To the Members of Stobart Group Limited We have audited the Group financial statements of Stobart Group Limited for the year ended 28 February 2009 which
More informationINTRODUCTION : ROLE OF FINANCIAL STATEMENTS
Contents About the authors I-3 MODULE 1 FINANCIAL STATEMENTS ANALYSIS 1 INTRODUCTION : ROLE OF FINANCIAL STATEMENTS 1.1 Introduction : Role of Financial Statements 3 1.2 Understanding Auditors Report and
More informationIntangible assets Issue paper presented at the EPSAS Working Group meeting Luxembourg, 7-8 May 2018
www.pwc.com Issue paper presented at the EPSAS Working Group meeting Luxembourg, Contents Introduction 3 Available accounting and reporting guidance 5 Country analysis 11 Matters for discussion 15 2 Introduction
More informationACCOUNTING & ANALYSIS
INVESTMENT KNOWLEDGE SERIES ACCOUNTING & ANALYSIS 2nd Edition INVESTMENT KNOWLEDGE SERIES Accounting & Analysis capital city training & consulting www.capitalcitytraining.com i This 2nd edition published
More informationBest Practice Financial Management and Reporting on IFRS and IPSAS
HR CERTIFICATION INSTITUTE ISO 9001:2015 Certified :2010 Certified An Intensive 10 - Day Seminar On Best Practice Financial Management and Reporting on IFRS and IPSAS Orlando 15 May - 26 May 2017 LONDON
More informationAppendices. IFRS and 2016 full year adjustments
Appendices IFRS 15 2015 and 2016 full year adjustments 1 IFRS 15: Civil underlying revenue adjustments Civil: IFRS 15 OE revenue adjustments 2015 2016 Diff No profit on linked sales (370) (147) 223 No
More informationJohn Lewis Partnership plc A N N U A L R E P O R T A N D A C C O U N T S F I N A N C I A L S TAT E M E N T S. Results matter
John Lewis Partnership plc 83 F I N A N C I A L S TAT E M E N T S Results matter Our results matter to all of us. In this section, we look at everything we need to know about our /18 financials, from key
More informationIFRS accounting standards: what financial analysts. should know
IFRS accounting standards: what financial analysts should know Michel Blanchette, FCMA, CA Professeur titulaire, Université du Québec en Outaouais michel.blanchette@uqo.ca Financial Management Institute
More informationNotes to the financial statements
Notes to the financial statements 1 Statement of accounting policies Beazley plc (registered number 09763575) is a company incorporated in England and Wales and is resident for tax purposes in the United
More informationIFRS - Workshops. Application of International Financial Reporting Standards
s Application of International Financial Reporting Standards Kontakt Warszawa Aleksandra Trych tel. +48 505 171 636 aleksandra.trych@pl.ey.com Poznań, Kraków Katarzyna Pudelska tel. +48 510 201 305 katarzyna.pudelska@pl.ey.com
More informationIFRS 14 REGULATORY DEFERRAL ACCOUNTS INTERNATIONAL FINANCIAL REPORTING BULLETIN 2014/01
IFRS 14 REGULATORY DEFERRAL ACCOUNTS INTERNATIONAL FINANCIAL REPORTING BULLETIN 2014/01 Summary On 30 January 2014, the International Accounting Standards Board (IASB) published IFRS 14 Regulatory Deferral
More informationUnaudited Restated 2017 Financials
1 Restated 2017 financials Following the adoption of new guidance on revenue recognition, IFRS 15, as of January 1, 2018 Valmet has restated 2017 financials. Net sales and Comparable EBITA of the Group
More informationFundamental Analysis, B7021, Spring 2016
Fundamental Analysis, B7021, Spring 2016 Course Syllabus This draft: October 21, 2015 I. CONTACT DETAILS Prof. Doron Nissim Email: dn75@columbia.edu Office hours (604 Uris): by appointment II. COURSE DESCRIPTION
More informationACCTG 101 Cramming Sesh
ACCTG 101 Cramming Sesh MODULES 1, 3, 6, 7, 8 & 9 MODULES COVERED 1 Introduction 3 Business Plan: Budgeting 6 Accounting System & Balance Sheet & 7 Accounting System & Income Statement 8 Cash Flow Statement
More informationINITIAL TEST OF COMPETENCE SYLLABUS AND EXAMINABLE PRONOUNCEMENTS JANUARY AND JUNE 2015
Integrity House, P.O. Box CY 1079, Cnr. Bath Road and Second Street Causeway, Harare. Zimbabwe. Tel: 263 4 793674/960/252672/793471 Fax: 263 4 706245 E-mail: administrator@icaz.icon.co.zw INITIAL TEST
More informationImplementation of Ind AS Experience so far
Implementation of Ind AS Experience so far Dolphy D Souza December 2017 Ind AS Implementation: A Giant Leap Step in the right direction Substantial improvement in accounting Financial instruments Business
More informationThomson Intermedia plc
13 October 2006 Thomson Intermedia plc Transition to International Financial Reporting Standards Thomson Intermedia plc ( the Group, AIM: THN) will be reporting its financial results in accordance with
More informationand Marking Scheme 40 Total equity and liabilities 1,056,966
Answers Diploma in International Financial Reporting December 203 Answers and Marking Scheme Marks Consolidated statement of financial position of Alpha at 30 September 203 ASSETS Non-current assets: Property,
More informationValuing A Business. This course is presented in London on: 16 January July November 2019
Valuing A Business This course is presented in London on: 16 January 2019 10 July 2019 13 November 2019 If you have 4 or more participants, it may be cost effective to have this course presented in-house
More informationA7 Accounting policies
A7 Accounting policies Of the accounting policies outlined below, those deemed to be the most significant for the group are those that align with the critical accounting judgements and key sources of estimation
More informationAdvanced Company Analysis Valuation & Financial Modelling. 5-9 March 2017 Manama, Bahrain. euromoneylearningsolutions.
Advanced Company Analysis Valuation & Financial Modelling 5-9 March 2017 Manama, Bahrain euromoneylearningsolutions.com/learnmore Advanced Company Analysis Valuation & Financial Modelling Accelerate your
More informationPRINCIPLES OF ACCOUNTS 2013-AL-P ACCT
PRINCIPLES OF ACCOUNTS 2013-AL-P ACCT ADVANCED LEVEL OBJECTIVES The examination aims to test the candidates abilities to: 1. demonstrate knowledge of accounting procedures and practices and an understanding
More informationProject Finance Modelling
Project Finance Modelling A 3 Day Programme This course is presented in London on: 28 February 2 March 2018, 10-12 September 2018 The Banking and Corporate Finance Training Specialist Course Objectives
More informationSaudi GAAP Transition to International Financial Reporting Standards (IFRS): Compliance with SOCPA
Saudi GAAP Transition to International Financial Reporting Standards (IFRS): Compliance with SOCPA Why Attend Do you want to prepare your accounting and finance team for a successful transition from Saudi
More informationUnderstanding Financial Management: A Practical Guide Guideline Answers to the Concept Check Questions
Understanding Financial Management: A Practical Guide Guideline Answers to the Concept Check Questions Chapter 2 Interpreting Financial Statements Concept Check 2.1 1. Which stakeholders need to interpret
More informationMeeting notes Capital Markets Advisory Committee
Meeting notes Capital Markets Advisory Committee The Capital Markets Advisory Committee (CMAC) held a meeting on 21 March 2019 at the London offices of the International Accounting Standards Board (Board).
More informationFOR NEGOTIATIONS & ANALYSIS
ADVANCED PROJECT FINANCE MODELLING FOR NEGOTIATIONS & ANALYSIS PRESENTED BY OUR PARTNERS, VAIR TRAINING PF WWW.F1F9.COM F1F9 financial modelling training is trusted by the world's leading financial companies.
More informationCFA-Level-I. Financial. Chartered Financial Analyst Level I (CFA Level I)
Financial CFA-Level-I Chartered Financial Analyst Level I (CFA Level I) Download Full Version : http://killexams.com/pass4sure/exam-detail/cfa-level-i QUESTION: 566 For which of the following ways of manipulating
More informationLINKAGE ASSURANCE PLC UNAUDITED FINANCIAL STATEMENTS AS AT 30TH SEPTEMBER 2017
LINKAGE ASSURANCE PLC UNAUDITED FINANCIAL STATEMENTS AS AT 30TH SEPTEMBER 2017 LINKAGE ASSURANCE PLC CONTENTS PAGE Certification Pursuant to Section 60(2) of Investment and Securities 1 Result at a Glance
More informationContents Group financial statements
Contents Group financial statements Independent auditors report to the to the members of The Sage Group plc 99 Group financial statements Our Group financial statements provide a complete picture of our
More informationValuing A Business. This course is presented in London on: 17 May 2018, 24 October The Banking and Corporate Finance Training Specialist
Valuing A Business This course is presented in London on: 17 May 2018, 24 October 2018 The Banking and Corporate Finance Training Specialist Course Objectives Participants will: Be introduced to major
More informationFINANCIAL INSTRUMENTS
FINANCIAL INSTRUMENTS Financial Instruments While the EBC notes many similarities between the accounting standards of financial instruments under IFRS and J-GAAP, there is one area where further alignment
More informationAlternative Performance Measures 2017
Alternative Performance Measures 2017 The Group s reporting uses alternative performance measures (APMs) that are not defined according to IFRS. They should not be considered in isolation and should not
More informationINDEPENDENT AUDITORS REPORT TO THE MEMBERS OF LADBROKES PLC
72 Ladbrokes PLC Annual Report and Accounts 2014 Financial statements INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF LADBROKES PLC REPORT ON THE FINANCIAL STATEMENTS Our opinion In our opinion: Ladbrokes
More informationNew Zealand Equivalent to International Financial Reporting Standard 14 Regulatory Deferral Accounts (NZ IFRS 14)
New Zealand Equivalent to International Financial Reporting Standard 14 Regulatory Deferral Accounts (NZ IFRS 14) Issued March 2014 and incorporates amendments to 31 December 2015 This Standard was issued
More informationUniversity of Economics, Prague
University of Economics, Prague Faculty of Finance and Accounting Department of Financial Accounting and Auditing Lesson 8: Examples and Case studies Lecturer: David Procházka Contact: Email: prochazd@vse.cz
More informationOn the Horizon for IFRS
February 10, 2015 On the Horizon for IFRS IFRIC meeting January 2015 Meeting highlights IASB issues January 2015 IFRIC meeting highlights The IFRS Interpretations Committee (IFRIC or the Committee) has
More informationFinacial Statement Fraud. Peter N Munachewa, CFE Risk Management Consultant
Finacial Statement Fraud Peter N Munachewa, CFE Risk Management Consultant What is FSF Falsification, alteration, or manipulation of material financial records, supporting documents, or business transactions
More informationWalter T. Harrison Jr. Baylor University. Charles T. Horngren Stanford University. C. William (Bill) Thomas Baylor University
G O Ninth Edition Walter T. Harrison Jr. Baylor University Charles T. Horngren Stanford University C. William (Bill) Thomas Baylor University PEARSON Boston Columbus Indianapolis New York San Francisco
More information(Entity that already applies the International Financial Reporting Standards)... II-1
CONSOLIDATED FINANCIAL STATEMENTS December 31, 2016 (Entity that already applies the International Financial Reporting Standards)... I-1 Independent auditor's report... I-3 Consolidated statements of financial
More informationIFRS 15 teach in. 7 September 2017
IFRS 15 teach in 7 September 2017 Agenda Introduction Application to Capita Nick Greatorex David Manuel Break 2016 under IFRS 15 Nick Greatorex Key implications Q&A Nick Greatorex Nick Greatorex, David
More informationMarel Food Systems hf. Consolidated Financial Statements for the year 2009
Marel Food Systems hf. Consolidated Financial Statements for the year 2009 Index Pages Consolidated Statement of Comprehensive Income... 1 Consolidated Statement of Financial Position... 2 Consolidated
More information