Understanding Financial Statements (Mar 2020)
Start time 26 Mar 2020 9:00am (Australia - Melbourne)
End time 26 Mar 2020 3:30pm (Australia - Melbourne)
Location Leo Cussen Centre for Law, Level 16, 15 William Street, Melbourne
Speaker Lachlan McColl, Director, Value ADE
Catering Includes morning tea, lunch & refreshments
Designed for Legal practitioners
Product Code W20056
CPD Units:

Practice Management & Business Skills: 5.5
(includes GST)

Understanding Financial Statements (Mar 2020)

26 Mar 2020 9:00am - 26 Mar 2020 3:30pm (Australia - Melbourne)
Leo Cussen Centre for Law, Level 16, 15 William Street, Melbourne

Offered in conjunction with Kaplan Professional, this one-day workshop covers the principles involved in understanding and constructing financial statements and works through a practical case study on financial accounts.

Learning outcomes include:

  • Build confidence in reading and interpreting financial information.
  • Explain the underpinning accounting principles & assumptions.
  • Explore the purpose and development of a general purpose financial report.
  • Examine the relationship between the balance sheet, income statement, cash flow statement & changes in shareholder equity.
  • Explain how the information contained in the four main financial statements are analysed and interpreted.
  • Non-financial performance indicators.

Topics covered are:

  • Financial reports – accounting principles generally, financial statements and users of financial statements, income statements, balance sheets and cash flow statements.
  • Putting it into practice – case study, account standards, tax versus accounting profits, asset measurement and valuation methods.

Presented by: Lachlan McColl, Director, Value ADE

Please note that no refunds or transfers are available for this program.