This course was formerly titled "Interpreting the Financial Statements of a Mining Company".
This course will enable you to develop an awareness of the relevant financial information you can discover about a mining corporation from its audited financial statements. You will also have an appreciation for how accountants are challenged with exercising professional judgment on qualitative issues involving alternative or new accounting standards (IAS, IFRS), balanced with a need for numerical precision. You will recognize that professional judgments included in financial assessments are similar to those made in demonstrating probable and proven mineral reserves.
"Analysis of Mining Financials" uses the business environment in the mining industry as a relevant context for understanding the financial statements of mining corporations. It isolates select accounting aspects as being fundamental to your becoming an informed reader of audited financial statements . . . including balance sheets, income statements, cash flows statements, statements of shareholders' equity and the audited notes. Current examples of financial statements of both large and small mining companies are used and analyzed to illustrate these fundamentals.
The course draws on credible sources to highlight relevant characteristics of accounting for mining. The objective of this material is to identify some prominent aspects of financing the corporate mining strategy, delve into the distinct areas where there are issues in accounting for the mining industry, and summarize the risks that are currently inherent in understanding the financial statements of those involved in mining. The course provides the tools to establish a profile of a company's overall financial status and identifies the attributes that contribute to financial health and flexibility.
Participants are advised to bring a laptop computer (with MS Excel).
Prior to the course, registered delegates have access to the online e-learning material consisting of an introductory course titled Understanding Financial Statements of Mining Companies.
Certificate in Mining Studies
This course qualifies for two days of short course credit for the Certificate in Mining Studies (CMS), a continuing education program of accredited short courses, webcasts and online courses for lifelong learning in mining, supported by University of British Columbia and University of Arizona. more details »
Simon Fraser University Credit for Custom Corporate Graduate Diploma in Business Administration
Participants who successfully complete the EduMine certification exam, meet Simon Fraser University requirements for admission to graduate studies in the Faculty of Business Administration, and complete all pre- and post-course assignments may receive credit for Bus550: "Financial Accounting for Mining" in partial fulfillment of the requirements for the Graduate Diploma in Business Administration.
Continuing Professional Development (CPD)
Registered participants who attend the entire short course and complete an evaluation at the end of the course will receive a Certificate of Attendance, confirming the Professional Development Hours (PDH)/Continuing Education Units (CEU) earned. Please confirm with your employer and/or professional association that this course qualifies for CPD.
Who Should Attend?
This course is designed for anyone interested in knowing how to extract financial intelligence from company reports, and to those in the mining financial and investment sectors who do not have a strong accounting background. It is a requirement for those seeking certification through the Simon Fraser University Graduate Diploma in Business Administration.
How to Register
To register yourself, click the ‘Register Now’ button and complete the online registration form.
To register on behalf of someone else, or to register groups of 2 or more, please contact us; discounts may apply.
Questions? Please contact EduMine: +1 604 683 2037 or [email protected] and we will get back to you during regular business hours, Monday - Friday, 8:00am to 5:00pm Pacific Time.
The full fee for the two day program is CAD 1,700 + tax. The fee covers tuition, a comprehensive set of course notes, access to EduMine e-learning, a certificate of attendance, continental breakfasts and lunches including light refreshments. The fee does not cover accommodation.
Early Bird: there is a 10% discount if you register at least 30 days prior to the course start date. A 10% discount is offered for groups of 3 or more OR if you provide your Annual EduMine subscription User ID at time of registration. The maximum discount that can be applied is 20%.
The course will be held at the DoubleTree by Hilton Toronto Downtown which is located at 108 Chestnut Street in downtown Toronto.
If you need to make hotel reservations, we recommend the following hotel. When making reservations, be sure to ask for the “InfoMine corporate rate”, or book through the one-click reservation link noted below.
- Situated at the crossroads of Toronto’s financial, research and entertainment districts, the newly refreshed DoubleTree by Hilton Toronto Downtown offers a quiet retreat set amongst a vibrant urban locale. With 486 guestrooms and suites the hotel is ideally suited for modern business professionals and leisure seekers alike. You won’t even need to leave the hotel lobby to enjoy some of Toronto’s finest dining experiences. Hemispheres Restaurant & Bistro presents an eminently delicious menu with a tranquil backdrop, while the award winning Lai Wah Heen offers the height of Chinese cuisine in an exquisite setting. DoubleTree by Hilton Toronto Downtown provides easy access to Pearson International Airport, and is equipped with an newly refreshed indoor pool and expanded Precor fitness centre, business centre, and wireless high speed internet access.
The Hotel’s website is: http://www.torontodowntown.doubletree.com
Book your room online through our personal InfoMine corporate rate link (room rate includes internet access).
Terms and Conditions
By submitting a short course registration form, you agree to pay the associated fees in full before the course start date.
Notice of cancellation must be given in writing by letter, fax or email and action will be taken to recover, from the delegates or their employers, that portion of the fee owing at the time of cancellation.
A 10% administration fee will be levied for cancellations made 10 or more business days prior to the first day of the course. Cancellations thereafter will be liable for the loss of the full fee.
EduMine reserves the right to cancel an advertised course on short notice. It will endeavour to provide participants with as much notice as possible, but will not accept liability for costs incurred by participants or their organisations as a result of the course being cancelled or postponed. If a course is cancelled, fees will be refunded in full. EduMine also reserves the right to postpone or make such alterations to the content of a course as may be necessary.