Financial Statements and Management Reporting

FSMQC Financial Statements and Management Reporting focuses on practical application: prepare basic financial statements and interpret ratios, reporting limitations and management information.
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Catalogue code: ACC-002. Contact FSMQC to confirm the course dates, entry requirements, delivery language and applicable assessment route.

Prepare basic financial statements and interpret ratios, reporting limitations and management information.

Accounts and finance staff

Module 1. From trial balance to statements
Classify account balances and identify the purpose of the income statement, statement of financial position and cash-flow information. Explain how reporting periods and basic adjustments affect the results.
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Module 2. Preparing financial information
Prepare simplified statements from a supplied adjusted trial balance. Reconcile key totals and distinguish profit, cash and working-capital movements.
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Module 3. Interpreting performance
Calculate and interpret selected profitability, liquidity and efficiency ratios using supplied formulas. Compare periods and explain limitations caused by incomplete data or differing accounting choices.
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Module 4. Management reporting
Select measures relevant to a manager’s decision and present a concise variance commentary. State assumptions, identify significant movements and separate evidence from an unsupported conclusion.

FSMQC uses instructor-led explanation, guided discussion and course-specific applied practice.
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Prepare simplified financial statements and a one-page management report from a supplied trial balance and comparative figures. Use a knowledge check and an individual task. Approve the assessment rubric and completion criteria before delivery.
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Assessment follows the approved course requirements and individual practical tasks.

Training centre opening hours: Monday-Friday, 08:00-17:00. International venue times are local and confirmed before booking.
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Daily sessions are arranged within the opening hours, with up to 7.5 learning hours and 1.5 hours of breaks on a full day. Shorter courses and final days finish once the required learning and assessment hours are complete.
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Catalogue duration reference: 12 contact hours / 2 days. Required contact/learning hours are retained; scheduled days may be adjusted. Total qualification time and independent study are not automatically classroom hours.
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2026 proposed cohort 1: 09 Nov 2026, 10 Nov 2026. Venue: Melbourne, Australia (venue to confirm).
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Dates before 23 October 2026 are historical planning entries, not confirmation of completed delivery. Contact FSMQC for current availability and written confirmation before making travel arrangements.
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Other eligible locations may be requested in UAE, UK, Australia or Egypt, subject to course-specific delivery approval and venue availability.

Contact FSMQC for current course fees and a written quotation. The quotation confirms dates, delivery language, learning materials, assessment arrangements and applicable charges before enrolment.