Practical Financial Statement Preparation

Practical Financial Statement Preparation

Prepare a complete, publish-ready set of IFRS financial statements from scratch.

Using Big Four illustrative statements, real annual reports and real trial balances, build the workbook, write the disclosures, map the trial balance and produce every primary statement and note, step by step.

✓Know what IAS 1 requires in a complete set of financial statements.

✓Build a reusable financial statements workbook with an input sheet, cover page, contents and templates.

✓Write the text disclosures: corporate information, directors’ report, responsibility statements and accounting policies.

✓Map and link the trial balance to every statement and note.

✓Prepare every primary statement: profit or loss and OCI, financial position, changes in equity, cash flows and value added.

✓Finish the pack with risk and related party disclosures, cross-checks and pagination.

1Foundations and Set-Up(Modules 1–2)
The accounting cycle, IAS 1 and building the workbook.

2Disclosures and Trial Balance Mapping(Modules 3–4)
Narrative disclosures, then linking every account to the statements.

3Profit or Loss and Other Comprehensive Income(Modules 5–6)
Income, expense and tax notes, and OCI.

4Financial Position, Equity and Value Added(Modules 7–8)
Asset, equity and liability notes, changes in equity and the value added statement.

5Cash Flows and Finishing the Pack(Module 9)
The statement of cash flows, final disclosures and a publish-ready pack.

6Final Assessment and Certificate(Module 11)
A 20-question final test across the whole course.

119 lessons recorded from live classes, with real participant questions answered

Annual reports, Big Four illustrative financial statements and reference guides to work from

Trial balances, templates and course work files attached to the lessons where you use them

9 module quizzes and a 20-question final test

12 months of access to learn at your own pace and revisit any lesson

An Accounting Yard certificate when you complete the lessons and pass the quizzes

Try it before you buy

The first four lessons in Module 1 are free to watch. Also available in the Accounting Professionals Bundle with four other practical courses.