Understanding Financial Reports of Public Bodies

Published accounts are the backbone of the accountability and reporting system used in the public, semi-state and private sectors. The information contained in these reports is critical for those charged with the responsibility of monitoring agency performance. However, this information is only useful where it can be interpreted accurately and in the correct context.

Understanding the Financial Reports of Public Bodies is an online course that is designed for those who need a basic knowledge of the principles of the financial reporting system, from the nature of the information that goes into published accounts, to understanding what it is the statements actually report.

This course is designed for those who need a basic knowledge of the principles of the financial reporting system, from the nature of the information that goes into published accounts, to understanding what it is the statements actually report.

This course will cover the following topics:

• Framework of Accounting
• Accrual Accounting Principles
• Annual Financial Statements
  • Balance Sheet
  • Income & Expenditure Account; and
  • Cash Flow Statement
• Assessing the reliability of information in published financial statements
• Analysing published statements
• Interpreting the analysis

This is a one-day online course that will be delivered from 10:00am to 3:30pm. It will be remotely delivered through MS Teams and facilitated by subject matter experts.

Scheduled Dates include:

• 8 May 2024
• 6 November 2024