Overview   

Financial statements are essential tools for understanding a business’s financial performance, position and cash flow. They provide valuable information to business owners, managers, investors, creditors and other stakeholders, enabling them to assess profitability, liquidity, solvency and overall financial health. Understanding how to prepare, analyse and interpret financial statements is crucial for making informed business decisions, managing resources effectively and identifying opportunities for growth.

Join Doubt Moyo on this informative webinar as he explores the fundamental principles of financial statements, including the Income Statement, Statement of Financial Position, Statement of Cash Flows and Statement of Changes in Equity. The webinar will also cover the accounting equation, financial statement analysis and interpretation, key financial ratios, and the limitations of accounting ratios in evaluating business performance.

Learning objectives  

By attending this webinar you will gain the following competencies: 

• Understand the purpose, components and importance of the different types of financial statements.

• Apply the accounting equation to understand the relationship between assets, liabilities and owner's equity.

• Analyse and interpret the Income Statement, Statement of Financial Position and Statement of Cash Flows.

• Calculate and interpret key financial ratios to assess profitability, liquidity, solvency and business performance.

• Recognise the limitations of accounting ratios and use financial information to support informed business decisions.

Content 

The webinar will cover the following topics:  

• Overview of Financial Statements

  • Definition, types and importance of financial statements.

  • Users of financial statements and their respective purposes.

  • Understanding the Income Statement, Balance Sheet, Cash Flow Statement and Statement of Changes in Equity.

  • The accounting equation and its components.

• Understanding the Main Financial Statements

  • The Profit and Loss / Income Statement: revenue, cost of sales, gross profit, operating expenses and net profit or loss.

  • The Statement of Financial Position: assets, liabilities and equity.

  • The Statement of Cash Flows: operating, investing and financing activities.

• Financial Statement Analysis and Interpretation

  • Understanding profitability, liquidity, solvency and efficiency.

  • Key financial ratios, including liquidity and profitability ratios.

  • Calculating and interpreting the current ratio, acid-test ratio and gross profit margin.

  • The importance and limitations of accounting ratios in financial analysis.

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

About the presenter 

Doubt Moyo 

Doubt Moyo is a dedicated and analytical financial accountant with a strong background in accounting, taxation, and forensic auditing. He holds a Bachelor of Commerce in Accounting from Midlands State University and a BCom in Applied Accounting from Oxford Brookes University. With extensive experience as both an accountant and a lecturer, Doubt has worked with institutions such as Richfield and Dateline College, where he has overseen financial records, prepared tax returns, and educated students in various accounting disciplines. Currently, he is the Managing Partner at Aphiwe Business Services, where he continues to impart knowledge and manage comprehensive financial services for clients. 

Who should attend? 

The following persons will benefit from attending this webinar: 

• Practising Bookkeepers. 

• Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA. 

• Trainee accountants. 

Price 

• R 265.00 - Online admission - Individual.  

  • Group Price 1 - From R184 per person (up to 5 users)  

  • Group Price 2 - From R121 per person (up to 10 users)  

  • Group Price 3 - From R109 per person (over 11 users)  

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

• A summarised slide presentation. 

• Reference documents and/or course material where available. 

• You can ask questions during the webinar and you will also have access to the presenter after the webinar. 

Corporate training solutions  

At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.   

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

 Interested in a bespoke corporate training experience? Reach out to us at corporate@accountingacademy.co.za or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.  

Contact us    

Have any questions or need any assistance? Contact us today!  

• Online chat through our website.  

• WhatsApp: Start chatting (+27635026114)  

• Phone: 010 593 0466  

• E-mail: ticket@accountingacademy.co.za