The Basics of Financial Statements

This course introduces the fundamental concepts of financial reporting. You will learn how financial statements are structured, what they represent, and how to interpret them in a practical and meaningful way.

Course Objectives:

By the end of this course, you will be able to:

• Understand what financial statements are and why they are important
• Explain the key principles of IAS 1
• Identify and interpret each of the main financial statements
• Understand the role of accounting policies and notes
• Apply basic concepts using simple examples