Training on Financial Accounting and Analysis
Financial accounting and analysis are essential components of understanding an organization’s financial health and performance. The difference between a successful and failed corporation can sometimes be determined by how well the finances are managed. Financial accounting and analysis provide accurate and relevant financial information to external stakeholders for informed decision making by management, investors, lenders and analysts. The financial information gained gives insights into an organization’s performance, profitability, liquidity, solvency, and overall financial well-being.
This training on financial accounting and analysis is designed to equip participants with the skills necessary to analyze financial information and make informed business decisions by comprehensively understanding the accounting principles, practices, and techniques used in the preparation, interpretation and analysis of financial statements of the organization.
Target Participants
Training on Financial Accounting and Analysis is designed for accounting and finance professionals, financial analysts, investors, shareholders, corporate planning managers, supervisors, business owners and any other professionals who want to enhance their skills and expertise in financial accounting and analysis.
Course Duration
Online 7 Days
Classroom-based 5 Days
What you will learn
By the end of this course participants will be able to:
- Understand the importance of financial accounting and analysis in the overall growth of the organization
- Comprehend fully the financial environment and its relevance in their organization
- Gain knowledge on accounting principles and standards for effective management of projects
- Strategically think and participate in the integration of the organization’s strategic management and budgeting procedures
- Utilize best practices when creating operating, capital, and cash flow budgets and forecasts in accordance with the strategic goals of the organization
- Understand and utilize the best working capital principles
- Analyze and apply the critical concepts of cash and liquidity management of the organization
Introduction to Financial Accounting and Analysis
- Importance of Financial Accounting
- Key Concepts in Financial Accounting
- Fundamentals of Financial Analysis
- Understanding Basic Financial Statements
- Structure of Financial Accounting Systems
The Financial Environment
- Financial Managers
- Financial Markets
- Financial Institutions
- Financial Instruments
Business Strategy & Accounting Analysis
- Strategic Financial Planning
- Inter-Relating Financial Planning and Strategy
- Strategic and Tactical Approaches to Business Planning
- The Links Between Strategy, Forecasting, Planning, Budgeting, Analysis
- Comparative Statement Analysis
- Capital Structure Optimization Models
Cash and Liquidity Management
- Importance of Cash and Liquidity Management
- Cash Flow Monitoring and Analysis
- Cash Forecasting
- Liquidity Planning
- Working Capital Management
- Liquidity Risk Management
- Cash Preservation and Optimization
Capital Budgeting and Critical Thinking
- Introduction to Capital Budgeting
- Capital Budgeting Process
- Evaluating Investment Proposals
- Capital Budgeting Techniques
- Capital Budgeting Controls
Working Capital, Short-Term Financing and Long-Term Financing
- Introduction to Working Capital
- Sources of Short-Term Working Capital
- Sources of Long-Term Working Capital
Planning and Preparation of Forecasts
- Fundamentals of Financial Forecasting
- Types of Financial Forecasting
- Steps in Financial Forecasting
- Financial Forecasting Methods and Techniques
