It is therefore not only a beginner’s course in bookkeeping for historic transactions, but also a primer on the objectives, conventions, methods and limitations of financial reporting, as a future-orientated aid to decision making by external stakeholders, such as equity shareholders, investment analysts, lenders, and credit risk managers;
However, participants are expected to have a general appreciation of the concept of profit and loss, and of a business or other organisation as a legal entity (referred to as “the entity” in what follows) distinct and separate from its owners or controllers
But in the interest of consistency and transparency, it is presented throughout in accordance with the principles and terminology of IFRS. This can of course be adjusted in the light of the specific situation and preference of the client.
 The course deliberately sidelines arcane and stuffy terms such as ‘debit’ and ‘credit’, preferring to use terms that resonate more strongly with commonsense concepts such as ‘resource’, ‘benefit’ and ‘obligation’.
|Training Course||Training Course Summary|
|IFRS 9||Be introduced to the IFRS 9 and how it differs from IAS 39|
|Introduction to Financial Issues in Acquisition Agreements||Be introduced to how to set a target net asset value and understand the positives and the negatives of the underlying policies, estimates and uncertainties|