Financial Statements Cycle According to Accounting Standards
Master the complete accounting cycle, IFRS financial statement preparation, financial analysis, ratio analysis, cash flow reporting, Excel applications, and strategic financial reporting through practical executive training.

Why is this course included in American Board pathways?
Master the complete accounting cycle, IFRS financial statement preparation, financial analysis, ratio analysis, cash flow reporting, Excel applications, and strategic financial reporting through practical executive training.
Trust summary
- Clearly stated duration: 15 Training Hours (5 Lectures) hours.
- Credential stated: Financial Statements in Accordance with IFRS Training Course Certificate.
- Delivery mode: Online.
- Curriculum and modules are displayed on this page.
Search intents covered by this course
How should you choose this course?
Choose this course when you need practical understanding, clear professional requirements, and a structured learning path instead of fragmented information.
When is this type of training useful?
It is useful when entering the field, developing your professional role, or preparing a team that needs a shared understanding of standards and practical steps.
Supporting links and resources
Master the complete accounting cycle, IFRS financial statement preparation, financial analysis, ratio analysis, cash flow reporting, Excel applications, and strategic financial reporting through practical executive training.
How can professionals prepare and analyze financial statements according to IFRS and international accounting standards?
This course teaches participants how to complete the accounting cycle, prepare IFRS-compliant financial statements, perform advanced financial analysis, use Excel for reporting, and present financial recommendations that support executive decision-making.
Quick answers about Financial Statements Cycle According to Accounting Standards
What is this course?
This course teaches participants how to complete the accounting cycle, prepare IFRS-compliant financial statements, perform advanced financial analysis, use Excel for reporting, and present financial recommendations that support executive decision-making.
Who is this course for?
Financial Accountants
Senior Accountants
Chief Accountants
Financial Analysts
Finance Managers
Financial Controllers
Auditors
Accounting Supervisors
Business Owners
Accounting Graduates
Finance Graduates
Professionals preparing for IFRS-related careers
What will you learn?
Understand the complete accounting cycle.
Design integrated accounting systems.
Develop company charts of accounts.
Design accounting documentation cycles.
Record accounting transactions accurately.
Post transactions to ledger accounts.
Prepare trial balances.
Perform adjusting entries.
Prepare IFRS-compliant financial statements.
Prepare the Statement of Financial Position.
Prepare the Income Statement.
Prepare the Statement of Comprehensive Income.
Prepare the Statement of Changes in Equity.
Prepare the Statement of Cash Flows.
Prepare financial statement notes.
Conduct horizontal analysis.
Conduct vertical analysis.
Calculate financial ratios.
Analyze liquidity and profitability.
Evaluate leverage and activity ratios.
Apply Altman Z-Score analysis.
Develop financial recommendations.
Prepare executive financial reports using Excel.
What is the expected outcome?
Complete accounting cycle mastery.
IFRS financial reporting.
Professional financial statement preparation.
Financial ratio analysis.
Cash flow reporting.
Strategic financial analysis.
Excel reporting skills.
Financial forecasting support.
Executive reporting.
Decision-support analysis.
Why American Board?
Accurate financial reporting is fundamental to regulatory compliance, corporate governance, investor confidence, financing decisions, and organizational success. Organizations increasingly require professionals capable of preparing IFRS-compliant financial statements and transforming financial information into strategic business insights.
Is a credential available?
Participants receive the certificate after completing at least 75% of the total training hours and actively participating throughout the training program. The course provides professional development in IFRS-based financial reporting and analysis.
Quick summary
- Complete accounting cycle mastery.
- IFRS financial reporting.
- Professional financial statement preparation.
- Financial ratio analysis.
- Cash flow reporting.
- Strategic financial analysis.
- Excel reporting skills.
- Financial forecasting support.
- Executive reporting.
- Decision-support analysis.
Problems this course helps you solve
- Weak financial reporting quality.
- Incomplete accounting systems.
- Poor financial statement presentation.
- Limited financial analysis skills.
- Compliance with IFRS requirements.
- Weak executive reporting.
- Difficulty interpreting financial performance.
- Investment decision uncertainty.
- Financial risk assessment challenges.
- Inefficient reporting processes.
Other common names: IFRS Financial Statements Course، Financial Reporting Course، Accounting Cycle Course، Financial Statement Analysis Course، IFRS Accounting Training، Financial Reporting and Analysis Course، International Accounting Standards Course
About Financial Statements Cycle According to Accounting Standards
This course teaches participants how to complete the accounting cycle, prepare IFRS-compliant financial statements, perform advanced financial analysis, use Excel for reporting, and present financial recommendations that support executive decision-making.
Why is Financial Statements Cycle According to Accounting Standards important?
Accurate financial reporting is fundamental to regulatory compliance, corporate governance, investor confidence, financing decisions, and organizational success. Organizations increasingly require professionals capable of preparing IFRS-compliant financial statements and transforming financial information into strategic business insights.
What will you learn in Financial Statements Cycle According to Accounting Standards؟
- Understand the complete accounting cycle.
- Design integrated accounting systems.
- Develop company charts of accounts.
- Design accounting documentation cycles.
- Record accounting transactions accurately.
- Post transactions to ledger accounts.
- Prepare trial balances.
- Perform adjusting entries.
- Prepare IFRS-compliant financial statements.
- Prepare the Statement of Financial Position.
- Prepare the Income Statement.
- Prepare the Statement of Comprehensive Income.
- Prepare the Statement of Changes in Equity.
- Prepare the Statement of Cash Flows.
- Prepare financial statement notes.
- Conduct horizontal analysis.
- Conduct vertical analysis.
- Calculate financial ratios.
- Analyze liquidity and profitability.
- Evaluate leverage and activity ratios.
- Apply Altman Z-Score analysis.
- Develop financial recommendations.
- Prepare executive financial reports using Excel.
Outcomes of Financial Statements Cycle According to Accounting Standards
- Understand the complete accounting cycle.
- Design integrated accounting systems.
- Develop company charts of accounts.
- Design accounting documentation cycles.
- Record accounting transactions accurately.
- Post transactions to ledger accounts.
- Prepare trial balances.
- Perform adjusting entries.
- Prepare IFRS-compliant financial statements.
- Prepare the Statement of Financial Position.
- Prepare the Income Statement.
- Prepare the Statement of Comprehensive Income.
- Prepare the Statement of Changes in Equity.
- Prepare the Statement of Cash Flows.
- Prepare financial statement notes.
- Conduct horizontal analysis.
- Conduct vertical analysis.
- Calculate financial ratios.
- Analyze liquidity and profitability.
- Evaluate leverage and activity ratios.
- Apply Altman Z-Score analysis.
- Develop financial recommendations.
- Prepare executive financial reports using Excel.
Structure of Financial Statements Cycle According to Accounting Standards
- Accounting Cycle Fundamentals
Double-entry bookkeeping, journal entries, ledger posting, trial balance preparation, adjustments, accounting systems, chart of accounts, and document cycle design. - Preparing Financial Statements According to IFRS
Statement of Financial Position, Income Statement, Statement of Comprehensive Income, Statement of Changes in Equity, Statement of Cash Flows, disclosures, and IFRS presentation requirements. - Financial Statement Analysis
Objectives of financial analysis, horizontal analysis, vertical analysis, ratio analysis, liquidity, profitability, leverage, activity ratios, market indicators, and analytical interpretation. - Financial Risk Assessment and Executive Reporting
Altman Z-Score analysis, financial distress prediction, analytical reporting, strategic recommendations, and board-level reporting. - Practical Excel Applications
Financial statement preparation, financial analysis models, dashboard creation, report automation, presentation techniques, and real-company case studies. - Integrated Financial Reporting Workshop
Complete accounting cycle simulation, IFRS reporting project, financial analysis exercise, and executive presentation.
Modules of Financial Statements Cycle According to Accounting Standards
- Accounting Cycle Fundamentals | Double-entry bookkeeping, journal entries, ledger posting, trial balance preparation, adjustments, accounting systems, chart of accounts, and document cycle design.
- Preparing Financial Statements According to IFRS | Statement of Financial Position, Income Statement, Statement of Comprehensive Income, Statement of Changes in Equity, Statement of Cash Flows, disclosures, and IFRS presentation requirements.
- Financial Statement Analysis | Objectives of financial analysis, horizontal analysis, vertical analysis, ratio analysis, liquidity, profitability, leverage, activity ratios, market indicators, and analytical interpretation.
- Financial Risk Assessment and Executive Reporting | Altman Z-Score analysis, financial distress prediction, analytical reporting, strategic recommendations, and board-level reporting.
- Practical Excel Applications | Financial statement preparation, financial analysis models, dashboard creation, report automation, presentation techniques, and real-company case studies.
- Integrated Financial Reporting Workshop | Complete accounting cycle simulation, IFRS reporting project, financial analysis exercise, and executive presentation.
Target audience for Financial Statements Cycle According to Accounting Standards
Finance Departments
Accounting Departments
Audit Departments
Financial Reporting Teams
Corporate Finance Professionals
Accounting Firms
Business Owners
Financial Analysts
Accounting Students
Finance Students
Prerequisites
- Basic accounting knowledge.
- Basic Microsoft Excel skills.
- Interest in financial reporting and analysis.
- No previous IFRS certification is required.
Projects and practical work
- Design a complete chart of accounts.
- Prepare journal entries and ledger accounts.
- Develop a trial balance.
- Prepare IFRS-compliant financial statements.
- Analyze financial statements using ratio analysis.
- Perform horizontal and vertical financial analysis.
- Calculate Altman Z-Score.
- Develop an executive financial analysis report.
- Present recommendations using Excel dashboards.
- Complete a comprehensive financial reporting case study.
Tools and software used
- Microsoft Excel
- International Financial Reporting Standards (IFRS)
- Accounting Cycle
- Double-Entry Bookkeeping
- Financial Statement Preparation
- Statement of Financial Position
- Income Statement
- Statement of Comprehensive Income
- Statement of Changes in Equity
- Statement of Cash Flows
- Financial Ratio Analysis
- Horizontal Analysis
- Vertical Analysis
- Altman Z-Score
- Financial Reporting
- Executive Financial Analysis
Related jobs and skills after the course
- Financial Accountant
- Senior Accountant
- Financial Reporting Specialist
- Financial Analyst
- Finance Manager
- Financial Controller
- Chief Accountant
- IFRS Specialist
- Management Accountant
- Corporate Finance Analyst
- Internal Auditor
- Business Consultant
Benefits of learning with American Board
- Complete accounting cycle mastery.
- IFRS financial reporting.
- Professional financial statement preparation.
- Financial ratio analysis.
- Cash flow reporting.
- Strategic financial analysis.
- Excel reporting skills.
- Financial forecasting support.
- Executive reporting.
- Decision-support analysis.
Study details
| Delivery mode | Online |
|---|---|
| Course language | English |
| Duration | 15 Training Hours (5 Lectures) hours |
| In-person location | General |
| Credential | Financial Statements in Accordance with IFRS Training Course Certificate |
| Credential type | Professional Executive Training Certificate |
| Accrediting body | American Board for Professional Training |
| Official accrediting body name | American Board for Professional Training |
| Accreditation reference | Open reference |
| Credential and issuer clarification | Participants receive the certificate after completing at least 75% of the total training hours and actively participating throughout the training program. The course provides professional development in IFRS-based financial reporting and analysis. |
| Price | 370 USD |
Related questions about Financial Statements Cycle According to Accounting Standards
Do I need previous IFRS experience to attend?
No. The course begins with accounting cycle fundamentals before progressing to IFRS financial reporting and advanced financial analysis.
Will I learn to prepare all major financial statements?
Yes. Participants prepare the Statement of Financial Position, Income Statement, Statement of Comprehensive Income, Statement of Changes in Equity, Statement of Cash Flows, and related disclosures.
Does the course include financial statement analysis?
Yes. The program covers horizontal analysis, vertical analysis, financial ratio analysis, liquidity, profitability, leverage, activity ratios, and Altman Z-Score analysis.
Is Microsoft Excel used during the course?
Yes. Participants complete practical reporting, financial analysis, and dashboard exercises using Microsoft Excel.
Will I work with real financial data?
Yes. The course includes practical case studies and real-world financial reporting exercises based on actual business scenarios.
How is the online training delivered?
Training is conducted through live virtual sessions, and recordings remain available for twelve months after course completion.
What are the certificate requirements?
Participants must attend at least 75% of the total training hours and actively participate throughout the training program.
Frequently asked questions about Financial Statements Cycle According to Accounting Standards
Do I need previous IFRS experience to attend?
No. The course begins with accounting cycle fundamentals before progressing to IFRS financial reporting and advanced financial analysis.
Will I learn to prepare all major financial statements?
Yes. Participants prepare the Statement of Financial Position, Income Statement, Statement of Comprehensive Income, Statement of Changes in Equity, Statement of Cash Flows, and related disclosures.
Does the course include financial statement analysis?
Yes. The program covers horizontal analysis, vertical analysis, financial ratio analysis, liquidity, profitability, leverage, activity ratios, and Altman Z-Score analysis.
Is Microsoft Excel used during the course?
Yes. Participants complete practical reporting, financial analysis, and dashboard exercises using Microsoft Excel.
Will I work with real financial data?
Yes. The course includes practical case studies and real-world financial reporting exercises based on actual business scenarios.
How is the online training delivered?
Training is conducted through live virtual sessions, and recordings remain available for twelve months after course completion.
What are the certificate requirements?
Participants must attend at least 75% of the total training hours and actively participate throughout the training program.
Find other American Board courses
Use course search to find diplomas and courses in the same field or related skill areas.
Is this course right for you?
Target audience
- Finance Departments
- Accounting Departments
- Audit Departments
- Financial Reporting Teams
- Corporate Finance Professionals
- Accounting Firms
- Business Owners
- Financial Analysts
- Accounting Students
- Finance Students
- Financial Accountants
- Senior Accountants
- Chief Accountants
- Finance Managers
- Financial Controllers
- Auditors
- Accounting Supervisors
- Accounting Graduates
- Finance Graduates
- Professionals preparing for IFRS-related careers
Course schedule and training providers
Choose the provider and venue that best suit you. Fees and availability may differ by intake.
| Country | Training provider | Venue | Fee |
|---|---|---|---|
| Egypt | American Board for Professional Training | General | 370 USD |
Express your interest
Submit your details and the course team will contact you about the schedule you select.
Complete the Internal Registration Form to reserve your place in the Financial Statements Cycle According to Accounting Standards training program. Enrollment is processed on a first-come, first-served basis due to limited class capacity. Accepted applicants will receive registration confirmation, payment instructions, and complete course access information before the program begins.