Understanding Financial Statements

Every business maintains financial records that help us to understand how well it’s doing. In this course, you’ll learn how to read them.

You’ll explore a range of financial statements – focusing on income statements, statements of financial position and cash flow statements. You’ll also investigate the different branches of accounting and learn to identify who else in the business uses this accounting information.

What do these statements contain? What do they reveal? Who makes use of them? This course will help you to answer these questions.

Who should attend?

This course would suit anyone looking for additional basic accounting skills. These are skills that can help you make better decisions and advance in your career. It may be of particular interest to people in senior management and leadership roles, who lack an accounting background.

Please note that the individuals detailed in the ‘Who will you learn with section below, are current staff members and may be subject to change.

Course Content

• Introduction to accounting and its branches
• Identifying different users of accounting information and their requirements
• Overview of financial statements
• Introduction to the income statement
• Introduction to the statement of financial position
• Introduction to cash flow statement

By the end of the course, you’ll be able to…

• Investigate the different branches of accounting
• Identify the main users of accounting information and their requirements
• Explain the purpose of financial statements (income statement, statement of financial position and cash flow statement)
• Explore items typically included in each of the financial statements and their meaning
• Interpret financial statements for decision-making purposes

• A course pack containing the information presented on the day.
• A certificate of attendance.
• Complimentary refreshments and snacks provided.

• Training Days: 5 days.
• Training Timing: 4:00 PM-9:00 PM.
• Training Language: 50% English 50% Arabic.
• Material Language: English.
• Training Venue: Fully equipped training facility in a hotel.