Sunday, November 19, 2017

Focus and Features

With the numerous challenges Companies’ are facing right now to ensure that its Vision – Mission statements are attained and the increasing pressure in remaining to be a globally competitive organization in the Volatile, Uncertain, Complex and Ambiguous (VUCA) environment, management has sought to develop metrics that are more aligned to its Strategic, Operational, Financial and Compliance objectives.

These measures are being undertaken to ensure that Management and Employees performance are congruent with the Company’s objectives. The shift in focus from the traditional performance metric of maximizing shareholder value (financial) to non-financial measures (e.g., Customer-centric, Streamlined Internal Business Processes and developing a culture for Learning and Growth, among others) has led to the auditors to transition from the traditional process-based reviews to Risk-Based audits thereby focusing on areas where management deems important in the achievement of its Corporate Objectives. Similarly, internal auditors’ skills were also aligned with management requirements. In this regard, certain skills such as understanding and analyzing financial statements have been deprioritized.

This course was designed to re-introduce the concepts needed to provide a systematic and methodical approach in conducting Financial Statements Analysis.


What You Will Learn

  1. Accounting Principles
  2. Bookkeeping System
  3. Financial Statements: Overview
    • Balance Sheet (Statement of Financial Position)
    • Income Statement (Statement of Operations)
    • Cash Flow Statement
    • Statement of Changes in Equity
    • Notes to Financial Statements
  4. Real Accounts (Balance Sheet Line-Items)
    • Assets
    • Liabilities
    • Equity
  5. Nominal Accounts (Income Statement Line-Items)
    • Revenues
    • Expenses
  6. Cash Flow Statement
    • Direct Method
    • Indirect Method
  7. Ratio Analysis
  • Trend Analysis (Vertical and Horizontal)
  • Liquidity
  • Profitability
  • Debt
  • Operating Performance
  • Cash Flow
  1. Case Studies


Who Should Attend

This professional seminar is ideal for all auditors

Facilitator: Mr. Paul Ryan M. Balon, CPA, CIA, CISA

                      Internal Audit Practitioner

Schedule: 11 & 18 November 2017
 8:30am – 5: 00 pm

Venue:  St. Giles Hotel, Makati Ave., Makati City


Seminar Investment: 

Member’s Rate: Php9,000

Non-Member’s Rate: Php12,000


No. of CPE Credits : 18*

* IIA Certifications

*BOA Accredited CPD Provider


Seminar Inclusions:

  • Seminar Kit
  • Certificate of Participation
  • AM & PM Snack, Buffet Lunch


How to Enroll:

  •  email at or fax to 325.0414
  • call us at 238-8888 loc 8962 and look for Sheena Malapitan or  Thei Mendoza
  • Click here to register online