Interpreting Financial and Accounting Information

Author: Numa Fudong

Published: July 2019 | ISBN: 9781860727498

Designed for those on the journey to becoming a Chartered Secretary or Governance Professional, ICSA’s Interpreting Financial and Accounting Information study text provides you with knowledge required to interpret financial information in order to advise boards and decision-making bodies.

It covers the need for financial reporting; how to interpret statements and reports; sources of finance, with their risks and returns; capital structure and associated costs and analysis methods for financial decision making.

This study text details all you need to know for Module 4 of the ICSA qualifying programme. It contains:

• Worked examples and ‘Test Yourself’ questions with full, worked answers
• Case studies and ‘Stop and Think’ scenarios to help you apply your knowledge
• Comprehensive chapter summaries to aid your revision.

Find out how to register for the qualifying programme.

Contents

1. The regulatory framework and the role of International Financial Reporting Standards
2. The Conceptual Framework of Financial Reporting
3. Preparation and presentation of single entity financial statements
4. Other contents and features of published accounts
5. Interpreting accounting policies based on IFRS
6. Financial reporting by groups of companies
7. Analysis and evaluation of financial statements
8. Financial markets and the identification of financing needs
9. Sounds of long-term finance
10. Sources of short-term finance
11. The cost of capital and capital structure
12. Working capital management
13. Risk assessment in investment appraisal techniques
14. Company analysis and business valuation methods
15. Project appraisal technical