This webinar will help bookkeepers gain a clear understanding of the basics of Annual Financial Statements including what they are, why they are crucial for businesses, and how to prepare them accurately and professionally. Annual financial statements play a vital role in showcasing a company’s financial health, meeting legal requirements, and ensuring transparency in business operations. This session is designed to build confidence and foundational knowledge, providing practical insights into the components of Annual Financial Statements, their legal requirements under the Companies Act, and their connection to good governance. By the end of the webinar, participants will have the tools and understanding needed to contribute effectively to the preparation and analysis of Annual Financial Statements in their organisations, setting them up for success in their bookkeeping careers.
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This 1.5-hour webinar is specifically created for bookkeepers who want to build a strong foundation in understanding and working with Annual Financial Statements. Annual Financial Statements are essential documents that show a company’s financial position, performance, and health over a specific period. This webinar will provide a clear and detailed introduction to Annual Financial Statements, explaining their purpose, key components, and why they are so important for businesses.
We’ll focus on practical knowledge that bookkeepers can use in their everyday work, breaking down the sections of Annual Financial Statements in simple terms and showing how they all fit together. You’ll learn about the rules and requirements of the Companies Act and why compliance with these legal standards is important for both businesses and bookkeepers. We’ll also discuss how Annual Financial Statements support good governance and help ensure transparency in financial reporting.
Whether you’re just starting your bookkeeping career or looking to strengthen your understanding, this session will give you the tools to confidently handle Annual Financial Statements. You’ll leave with a deeper understanding of what goes into Annual Financial Statements, how to prepare them step by step, and how to avoid common mistakes. This webinar will equip you to contribute effectively to your role as a bookkeeper and build trust in your professional abilities.
By attending this webinar you will gain the following competencies
Welcome and Introduction
What Are Annual Financial Statements?
When Are Annual Financial Statements Required?
Sections of Annual Financial Statements
Good Governance and Compliance
Practical Tips for Preparing Annual Financial Statements
Q&A and Closing
The following event is awarded 2 CPD units in Financial Reporting.
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