Overview

This session is designed to assist directors that do not have a financial background to a well-grounded understanding of the financial concepts that underpin the preparation and presentation of financial statements. The session specifically focuses on analyzing and interpreting the financial information presented to directors, and the financial statements in particular, in order to assess the company’s financial position, performance and cash flow.

This session is not designed for delegates with in-depth financial qualifications or experience.

Course Duration

Full day – 09h00 – 16h30

Starting times in Durban/Cape Town may vary, please consult your booking confirmation for detail.

Key focus areas

• Your responsibility as a director with regard to the financial statements.
• The conceptual framework -
  • Objectives
  • Assumptions
  • Characteristics
  • Elements of financial statements.
• Understanding the various components of financial statements, namely the income statement, balance sheet, cash flow statement accounting policy and other notes.
• The requirements of certain accounting standards that directors should be aware of.
• Ratio analysis -
  • who to relate the various components of the financial

Presentation fees

Contact

For more information on this Course, or to book, please contact:

Nadia Mugnaioni

Institute of Directors in Southern Africa

VAT, Course Material, Refreshments & Lunch