Understanding International Financial Reporting Standards (IFRS) and Accounting Principles for Accurate Financial Reporting
This course provides a comprehensive overview of accounting standards and financial reporting, with a focus on the International Financial Reporting Standards (IFRS) and their impact on businesses globally. Participants will learn about the transition requirements accompanying accounting standards, the importance of accounting principles in financial reporting, and the implications of changing economic conditions on financial statements.
The course also explores the role of accounting principles in financial regulatory compliance, ethical considerations, and mergers and acquisitions. Additionally, participants will gain insights into accounting principles for non-profit organizations, intangible assets, financial reporting consistency, revenue recognition, historical cost, materiality, conservatism, and full disclosure.
By the end of the course, participants will have a solid understanding of accounting standards and financial reporting practices to ensure accurate and meaningful financial information.
Key Topics Covered:
Senior Finance Analyst | Telstra Health
Ramz Hashim is a highly skilled and accomplished finance professional with a wealth of experience in financial planning and analysis, business partnering, and accounting operations. With a proven track record in various industries, Ramz has consistently delivered accurate and timely financial analysis and advice to drive business performance and support strategic decision making. Ramz's most recent role is Senior Finance Analyst - FP&A at Telstra Health, where she has been instrumental in ensuring the delivery of comprehensive financial analysis and insights. She provides in-depth commentary and variance analysis for month-end results and planning cycles, offering meaningful insights into business performance at a portfolio level. Ramz also plays a key role in providing commercial and financial support to the organization, analyzing commercial opportunities, engaging with suppliers, and facilitating strategic decision making. Her dedication and attention to detail are evident in her completion of regular month-end activities to finalize the business unit's financial position. Prior to joining Telstra Health, Ramz served as a Commercial Finance Analyst/Business Partner at a reputable organization in Melbourne, Victoria. In this role, she showcased her expertise in financial reporting, accounting operations, and process improvements. Ramz actively participated in the preparation of intercompany reports, developed policies related to inventory management, and created financial models to monitor and manage rebates effectively. She also supported month-end tasks and consistently ensured the accuracy and completeness of financial information. Before her time at Telstra Health and her commercial finance role, Ramz worked as an Analyst at MAS Intimates Pvt Ltd, where she presented monthly analyses of profit and loss, key performance indicators (KPIs), and operational expenses/revenue to the board. She played a pivotal role in budgeting processes, continuously monitored and reported on budget variances, and provided finance support to the Calvin Klein department, contributing to the achievement of sales targets and overall success of the brand. Ramz's expertise extended to generating financial and KPI reports, monitoring stock positions, and driving cost-saving projects through automation and digitization. Ramz's career also includes notable positions such as Associate Consultant - Financial Planning & Analysis at Virtusa, where she prepared and monitored departmental budgets and provided finance business partnering support to stakeholders across global business units. Additionally, as an Assistant Accountant at DMS Holdings, she demonstrated proficiency in financial statement preparation, tax returns, budgeting, and financial analysis. Ramz actively contributed to the successful implementation of an ERP system, driving operational efficiency and accuracy in financial processes. Earlier in her career, Ramz served as a Research Analyst at RR Donnelley, where she analyzed and prepared financial statements for US-based public listed companies in compliance with US GAAP requirements. She also gained valuable experience as an External Audit Trainee at KPMG Ford Rhodes Thornton & Company, where she conducted audit engagements, assessed internal control systems, and evaluated financial statements for accuracy and compliance. Ramz Hashim's impressive track record reflects her strong analytical skills, attention to detail, and ability to provide valuable financial insights to support strategic decision making. Her diverse industry experience and commitment to excellence make her a valuable asset to any organization seeking a dedicated finance professional.
PODCAST HOST | LEARNFORMULA
Sports commentator and TV host. Winner of 2018 and 2020 Asian Television Awards (Asian Emmy) for Best Sports Presenter / Commentator. Host and commentator of One Championship, Asia's largest sports media property, broadcast to 154+ countries, Nielsen rated 80+million viewers, Tubular analysis 5.4bn social media views (fourth highest in the world). Olympic Games commentator. Commonwealth Games commentator. FIFA World Cup correspondent. Victoria Premier League Soccer (football) commentator FUTSAL OZ Series Commentator Former host and commentator on AXS TV Network USA. Host of CableFax Award-nominated interview show 'The Voice Versus'. Best-selling author and award-winning writer. Radio host. Commentated on networks including Amazon Prime, BeInSport, NBC, CBS, SyFy, Canal+, Spike, EuroSport, ABS-CBN, Star Sports Select, Fox Sports, Fox 8, Sky, TVNZ, Thairath 32, TV3, Main Event. College Lecturer and public speaker.
