Course Overview:
The course is meticulously designed to provide participants with extensive knowledge of financial planning and analysis. This course covers the essentials of the accounting equation, bookkeeping, and financial statement analysis. It breaks down balance sheet items, teaches the preparation of income statements, cash flow statements, and differentiates between depreciation and amortization. The course aims to enhance participants' skills in financial analysis, planning, and control, enabling them to contribute effectively to their organization's financial health.
Target Audience:
- Accountants
- Financial Analysts
- Finance Managers
- Heads of Financial Planning and Analysis
Targeted Organizational Departments:
- Finance
- Accounts
- Planning
- Budgeting
- Control Departments
Targeted Industries:
- Banking
- Investment Firms
- Insurance
- Retail
- Manufacturing
Course Offerings:
By the end of the course, Participants will be able to:
- Understand the main accounting equation and principles.
- Prepare main financial statements including income statement, balance sheet, and cash flow statement.
- Analyse financial statements using the financial statement analysis framework.
- Understand the difference between financial accounting and management accounting.
- Apply financial planning and analysis techniques to real-world business scenarios.
- Gain in-depth knowledge of accounts payable processes and their significance in financial statements.
Training Methodology:
The course employs various training methodologies, including case studies for real-world scenario analysis, interactive sessions for practical application of accounting principles, group work for peer learning, and feedback sessions for continuous improvement. By the end of the course, participants will have a complete understanding of financial accounting and analysis, supported by practical experience and critical analytical skills.
Course Toolbox:
- Course handbook detailing the accounting cycle, financial planning and analysis process, and financial statement analysis techniques.
- Financial statement templates for income statement, balance sheet, and cash flow statement.
- Case studies for practical application.
- Online resources for continued learning and up-to-date accounting practices.
Course Agenda:
Day 1: In-Depth Accounts Payable
- Topic 1: Understanding the accounts payable process and its importance.
- Topic 2: Best practices in managing accounts payable.
- Topic 3: The impact of accounts payable on financial statements.
- Reflection & Review: Recap of the day's learning and interactive Q&A session.
Day 2: Advanced Accounts Payable Techniques
- Topic 1: Automating the accounts payable process.
- Topic 2: Mitigating risks in accounts payable.
- Topic 3: Accounts payable reconciliation techniques.
- Reflection & Review: Recap of the day's learning and interactive Q&A session.
Day 3: Financial Statement Analysis
- Topic 1: Ratio analysis and its significance.
- Topic 2: Trend analysis for financial forecasting.
- Topic 3: Comparative financial statement analysis.
- Reflection & Review: Recap of the day's learning and interactive Q&A session.
Day 4: Practical Financial Modeling
- Topic 1: Introduction to financial modeling and its importance.
- Topic 2: Building basic financial models using Excel.
- Topic 3: Analyzing model outputs and making business decisions.
- Reflection & Review: Recap of the day's learning and interactive Q&A session.
Day 5: Advanced Financial Statement Analysis
- Topic 1: Forensic accounting and detecting financial fraud.
- Topic 2: Analyzing complex financial instruments and derivatives.
- Topic 3: Practical session on analyzing a company's financial health.
- Reflection & Review: Recap of the course, final Q&A session, and certification ceremony.
How This Course is Different from Other Accounting & Financial Statement Analysis Courses:
Unlike other financial accounting training courses, our Accounting & Financial Statement Analysis Course is all-encompassing. It covers a vast array of topics, from basic accounting principles to advanced financial planning and analysis techniques, all under one roof. The course offers practical, hands-on training through real-world case studies, ensuring participants can apply their learnings directly in their roles. This course is designed to transform participants into well-rounded finance professionals, capable of making impactful contributions to their organization's financial success, with a special emphasis on mastering accounts payable processes.
credits:
5 credit per day
Course Mode: full-time
Provider: Agile Leaders Training Center