This course demystifies off-balance sheet finance, offering a deep dive into accounting practices that conceal assets and liabilities from balance sheets. Students will gain an understanding of the interrelationship between financial statements and learn to recognize, measure, and disclose provisions and liabilities, including contingent ones. The course also addresses the impact on risk assessment and future trends in accounting standards, equipping learners with crucial knowledge for precise financial reporting.

Key Topics:

•  Principles of off-balance sheet finance 
• Evolution of financial statements
• IAS 37 recognition and measurement 
• Impact on capital structure and risk 
• Treatment of post-reporting period events 
• Future accounting standards developments

 
This course is ideal for accounting and finance professionals, auditors, and students with basic knowledge of financial statements and accounting principles.