Disclaimer: Cardiff Institute operates as an independent institute and is not administered or affiliated with any universities in the United Kingdom

Preparing Financial Statements and the Annual Report

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Why Attend

Financial statements and the annual report are key communication channels between companies and their different stakeholders. By attending this course, you will be able to prepare financial statements as per the International Financial Reporting Standards (IFRS) which will allow you to maintain your company’s financial reporting transparency and credibility.

Course Methodology 

This course covers theoretical core topics in addition to introducing Excel for the preparation of financial statements. It also features the study of real life cases and presentations by participants.

Target Audience

Senior and junior accountants, accounting and finance professionals, chief accountants, accounting managers and supervisors, financial controllers and any accounting and finance professionals interested in learning and updating their knowledge regarding the preparation of financial statements and notes.

Course Objective

Provided by SQ, this programme is available by distance learning, allowing you to study flexibly while balancing work and personal lifes.


Explain each part of the accounting cycle

Design effective chart of accounts

Perform accounting adjustments including deferrals and accruals

Create trial balance and adjusted trial balance

Describe and map charts of accounts to the financial statements

Prepare and present income statements, balance sheets, and cash flow statements

Formulate notes to the financial statements

Target Competences


Understanding the accounting cycle

Designing chart of accounts

Performing accounting adjusting entries

Preparing and analyzing income statements

Preparing and analyzing balance sheets

Preparing and analyzing cash flow

Reviewing and understanding financial statements notes

Utilizing Excel functions

Course Outline


The accounting cycle

Preparing financial statements and notes

Chart of accounts and design techniques

Notes to the financial statements

Accounting adjusting entries

Program Methodology


In Person

Online