Advanced Financial Accounting
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1- Online Training...with international accreditation.
The value of participation per person is €1,450
2- Requirement : specifying the course, number of participants,
implementation date, and joint coordination.
Group contracting ... 20% Discount For Each Participant
In Any Group Of Five Person Or More
Other Places To Hold The Course :
KualaLumpur.. Istanbul.. Dubai.. Cairo.. Riyadh.. Jeddah.. Abu Dhabi.. Doha.. Muscat.. Sharm El Sheikh.. Kuwait.. Tripoli.. Amman.. Beirut.. Damascus.. Tunisia.. Casablanca.. London.. Paris.. Barcelona.. Amsterdam.. Brussels
Advanced Financial Accounting
Introduction :
Financial Accounting is a branch of accounting that records all matters related to financial position (financial position), financial performance (income statement), and cash flows of the enterprise in accordance with certain accounting standards. Here is the importance of financial accounting for all parties concerned with the institution.
The course seeks to develop a thorough knowledge and understanding of the accounting principles, concepts, regulations and practices, applicable to selected topics. An important aim of the course is to develop skills of critical analysis through the study of relevant research papers on financial accounting topics.
Course Objectives :
At the end of this course, the participants will be able to :
- Discover how balance sheets, income statements, and cash flow statements are developed and how each interact
- Evaluate the financial health of a business using financial statements
- The links between accounting principles and the preparation of financial statements.
- Definitions of the content and functions of the two key financial statements.
- How to prepare a set of financial statements from scratch.
- Explain the relevance of cash flow and how it is reported.
- Define the function of financial management.
- Show how organizations use accounting to create and monitor their strategies.
- Develop a practical perspective into contemporary work practices in your field.
- Implement an Action Plan at your workplace using the knowledge and skills acquired through the course.
- Prepare and evaluate financial forecasts to make strategic decisions
- Value a venture, project, or investment opportunity and perform a sensitivity analysis
Targeted Audience :
- Those who wish to understand the implications of decisions made across a range of financial accounting issues.
- Those who wish to develop the ability to analyse, interpret, and question the accounting information they may encounter in a business context.
- Those who wish to acquire a sound appreciation of accounting and finance in order to communicate and succeed in the business world.
- Non-accounting staff who desire a practical introduction to the fundamentals of financial accounting.
- New accounting staff who need to understand the financial accounting function holistically.
- Accountancy staff with no formal qualifications.
- Accountancy staff in pursuit of promotion.
- Accountancy staff who need to have a deeper understanding of accounting and how this can improve results.
- Anyone who wants to understand how the financial function relates to the general management of an organization.
Course Outlines :
The Cash Budget
- Why should managers understand accounting?
- Accounting concepts
- Timings of receipts and payments
- Calculation of the gross profit and gross profit margin
Budgets and Performance Management
- Responsibility centres
- The controllability principle
- Profit-related performance measurement
- Standard costing and variance analysis
- Performance management in investment centres
- Non-financial performance indicators
- The balanced scorecard
- Performance measurement in not-for-profit organisations
- External influences on performance
Introduction to the Statement of Profit and Loss
- Measuring profit
- Double-entry bookkeeping
- Types of account
- Trial balance
- Capital versus revenue expenditure/income
- Calculating the cost of sales
Balancing the Basics
- Assets and liabilities
- The statement of financial position
- Accruals and prepayments
Accounting for Depreciation and Bad Debts
- The straight-line method
- The reducing-balance method
- Disposals of non-current assets
- Bad and doubtful debts
- Uses and limitations of the statement of financial position
Company Finance
- The nature of limited companies
- Share capital
- The stock exchange
- Venture capital
- Loan capital and debentures
- Retained profits
- Reporting requirements
Company Accounts
- The statement of profit or loss
- The statement of changes in equity
- The statement of financial position
- Intangible assets
- Revaluing assets
- The statement of comprehensive income
- Corporate governance
The Statement of Cash Flows
- Sources of cash flow
- Non-current assets and the statement of cash flows
- Movements in working capital
- Tax, interest, and dividends
- What to look for in a statement of cash flows
- Managing cash
Interpreting Financial Statements
- Ratio analysis
- The pyramid of ratios
- Probability ratios
- Liquidity ratios
- Control of working capital
- The working capital cycle
Capital Structure and Investment Ratios
- Capital structure
- Investment ratios
- Limitations of ratio analysis
EuroMax Training Methodology :
Our training work is presented in a professional and attractive manner.. Interspersed with interceptive information to renew attention throughout the training period… We aim with this method to train the listener and interact… In addition to practical applications that target the direct skills and knowledge required to be achieved.. It is presented to the trainees in more than one way.. Practical exercises and applications.. Surveys and questions.. A training strategy has been adopted based on pairing between the theoretical and the professional and between the local and the global.
What Does The Participant Get From The Course?
Each participant obtains an internationally accredited training certificate from the EuroMax Center for Training and Development … which has the ISO certificate in quality No. 900/2015 from the English international company UCAS .. and receives a training bag containing the scientific material via an electronic flash … in addition to an enjoyable and useful training that is reflected Positive and developmental for individuals and the institution
Note :
We can implement the training course in any of the cities referred to in this course..at the appropriate and required time for the trainees..through joint coordination with the training department at the center..the training is implemented in a distinctive manner according to the best quality standards so that we meet all training requirements and needs.
International Accreditations
The EuroMax Center for Training and Consulting has obtained international and official accreditations with the highest and best international levels scientifically and technically, which reflect the level of outstanding performance in our training work.. so that it achieves what each participant aspires to by obtaining the best certificates with officially approved scientific and technical standards.
