Understanding Company Accounts Advanced

    The advanced course is for everyone already familiar and comfortable with the basic set of accounts. The objective of this course is to equip a relatively small number of participants to comfortably handle relatively complex financial material.


    City University London
    18 November 2013 - 19 November 2013

    Course cost
    Full price: £300
    NUJ member: £225
    Book your place.

    Special offer! Attendees of this course will be automatically offered a complimentary ticket to the London Offshore Alert Conference being held on 14-15 November at Bloomsbury Hotel. More details below.


    Monday 18 November (Room D109)

    Tuesday 19 November (10am -1pm in Room DM02, 1-5.30pm in Room D109)

    This course is not suitable for those who are not familiar with a basic set of accounts as this will not be covered.

    The advanced course will build on the beginners’ course or the summer school strand of Understanding Company Accounts, with the aim of making the participants comfortable with a listed company’s accounts (which typically can run to over a hundred pages).

    If the participants have not attended the beginners’ or a similar course, then it is important that they are already familiar and comfortable with a basic set of accounts – the profit and loss account, balance sheet, cash flow statement and the ideas behind the notes to those accounts. Participants should be familiar with some accounting terms such as EPS, PE ratio, depreciation, earnings management, share options and factors that drive management to manipulate their results.

    The course will be based around a series of increasingly complex, real case studies and will require working in small groups. For each case study, the groups will identify core issues of journalistic interest in those accounts, identify the story and discuss how to justify/confirm it from the evidence in the accounts.

    To the extent possible, the objective of this course is to equip a relatively small number of participants to comfortably handle relatively complex financial material and to provide a structured approach for tackling such material. Therefore, participants will have an opportunity to suggest any particular topics they would like covered before the course starts.

    This will not make you an accountant but should equip you, as a journalist, to ask the right questions and assess the answers.

    Comments from previous attendees

    Thoroughly interesting, clear and informative.

    Raj [Bairoliya] made accounts less daunting by speaking ‘normal’ English and translating the jargon.

    Brought a rather dry topic to life and managed to sustain our interest and convey very useful skills.

    Special Offer: We are very pleased that Editor of Offshore Alert, David Marchant has kindly offered complimentary press passes to journalists attending this course. Please directly email the Editor at marchant@offshorealert.com if you would like to attend.

    The Conference will be taking place from Thursday, November 14, 2013 - Friday, November 15, 2013 from 09:00 - 17:30 at the Bloomsbury Hotel. More details and the programme can be found on their website - http://www.offshorealert.com/conference/london/

    Please note: All our courses are scheduled to go ahead subject to a minimum number of attendees signing up. The minimum number for each course differs and this is just to enable us to cover costs of the training venue and trainer fees where applicable.


    Course Outline

    This is an advanced two-day intensive course with one of Britain’s top forensic accountants Raj Bairoliya. Raj will demonstrate how to understand advanced company accounting. You will learn not only where to find the accounts but what to look out for and how to get beyond the corporate PR spin. The emphasis will be on teaching practical skills rather than a series of lectures. The objective of this course is to ensure that all participants feel comfortable with a set of complicated accounts and know where and how to look for relevant information.

    Please note: These courses are built on the principles of management schools and requires a minimum number of delegates for it to work as attendees are split into groups to analyse case studies.  The courses are for practising journalists or NGO researchers only. Acceptance on the course is at the trainers discretion, if you have any doubts as to your eligibility please contact us.