0802 Financial Accounting & Reporting Masterclass

Course Description

Financial accounting and reporting standards and industry practices are evolving and changing rapidly to cope with the global change drivers such as economic, regulatory and technology. Thus, you as a finance professional, auditor, manager or executive, are required to keep abreast of all the changes. You also need to improve the quality of financial reporting by recording, reporting and disclosing regular and unusual business transactions.

This ‘Financial Accounting and Reporting Masterclass’ is designed and facilitated by CPA professionals who have a solid and practical global experience and masters the fundamental concepts and international standards.

Course Methodology

The course uses a mix of interactive techniques, such as lectures and presentations, practical applications, business cases and group works to exchange experience and apply knowledge acquired throughout the masterclass.

Course Objectives

By the end of the course, participants will be able to:

  • List the basic financial statements and determine the best structure and presentation practices.
  • Recognize important periodical adjustments and their effect on financial statements.
  • Explain how to properly account for assets, liabilities, equity, revenues and expenses during recurrent and non-recurrent transactions
  • Identify minimum disclosure requirements in the financial statements for major accounts of transactions
  • Prepare financial statements starting from raw trial balance and ending with full comprehensive disclosures

Profile of participants

Professionals in the field of finance and accounting at all levels, Auditors, Managers, Directors and CFOs who are seeking to enhance practical finance and accounting knowledge, and certified financial and accounting personnel.

Target Competencies

  • Map a trial balance accounts and prepare a complete set of financial statements.
  • Practicing financial statements’ notes preparation.
  • Realizing minimum disclosure requirements
  • Applying International Financial Reporting Standards (IFRS)
  • Using Excel and Pivot tables for reporting


August 2, 2019 (11:00AM to 3:00PM)

August 9, 2019 (11:00AM to 3:00PM)


Speaker’s Profile

Ms. Christine Filomeno, CPA, CIA, CRMA, CISA

Co-founder & CEO of the Philippine Business School.
Vice President of the Philippine Institute of CPAs – Dubai.
Former Internal Audit Manager of Al Tayer Group, LLC

Subject Matter expert on Risks, Governance, and ERP systems implementation / project management
Community servant as Chapter Couple Coordinator for Kids for Christ (KFC), Singles for Christ (SFC), and Youth for Christ (YFC)
A business woman
A mentor and a community leader.




Important Note:

As part of PBS continuous support to all aspiring and existing entrepreneurs, all PBS Alumni will have free business coaching (1-hour) for their business concepts, business plan or strategy within 6 months from the date of completing any relevant program. For further details, please call our Admin Team.


Design Template of Certificate of Completion