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Advanced financial reporting for analysts

This course is delievered in Polish and can also be organized as a closed session (closed formula) at individual request of your organization. If you are interested in this programme, please contact
the course co-ordinator Monika Kacprzykowska (monika.kacprzykowska@pl.ey.com).
  • For whom?
  • Objectives and advantages
  • Programme
  • Date and location
  • Price
  • Contact
  • Download course programme in PDF

For whom?

The course is designed for financial analysts and other people analysing information from the financial statements (prepared in  accordance with IFRS or the Polish accounting act) in order to take investment and credit decisions. 

Objectives and advantages

The purpose of the course is to analyse the impact of selected transactions and events on financial statements. 
The course concentrates on the areas provoking  most doubts among analysts of financial statements. That means we will focus on those areas of reporting that are to a high degree based on estimates or relate to complex and changing rules of measurement and recognition. 
During the course we will not be using double entry. Accounting rules and solutions discussed are presented in order to show their impact on the elements of financial statements and selected ratios. 

Programme

Day 1

  • Characteristics of the principal balance sheet categories
  • Recognising assets and liabilities
    • When should an asset or liability be recognised and derecognised?
    • Capitalising costs incurred in the acquisition or generation of an asset,
    • Assessing the ‘quality’ of various balance sheet items,
    • Recognising liabilities (on-balance sheet and off-balance sheet treatment)
    • How and when are provisions created?
    • How to interpret deferred tax assets and liabilities?
  • Measuring assets and liabilities
    • Historic cost versus fair value,
    • Depreciation/amortisation of non-current assets,
    • Impairment.

Day 2

  • Income Statement
    • When should income be recognised?
    • Review of common solutions applied in various industries (incl. recognition of income arising on construction contracts)
    • Which items of income (expense), profit (loss) are not recognised in the income statement?
    • Income statement presentation – inclusion of income and expense items in specific segments of the income statement.
  • Cash Flow Statement
    • Rules for classifying cash flows as operating, investing and financing.
  • Other topics
    • Accounting for mergers and acquisitions,
    • Accounting for financial instruments
      • Embedded derivatives,
      • Hedge accounting.
      • Measuring assets held for sale.

Date and location

  • 23 - 24 November 2021 | Online or on-site

Please note this course will be taught in Polish. Contact us about organising this course in-house or in English.

You can view our courses in English here.

Price 2750.00 PLN (+ 23% VAT)
E-mail the Course Co-ordinator

Contact

Monika Kacprzykowska | Mobile: +48 789 407 575 | Monika.Kacprzykowska@pl.ey.com