All Companies should ensure that the principles and practices used in modern accounting are implemented to make sure that proper financial controls are maintained
This course will guide you through the accounting process, so by the end of this course, you’ll be able to read the three most common financial statements: the income statement, balance sheet, and statement of cash flows. Then you can apply these skills to a real-world business setting.
You will also analyze accounting concepts applied within different business scenarios, analyze financial statements and other related business practices to improve organizational effectiveness.
Differentiate Between Finance and Accounting
Identify Different accounting terminologies
Explain the format of the income statement and balance sheet
Define various financial statement terms
Prepare a simple income statement and balance sheet
Introducing Accounting & Main Financial Statements.
Financial Statement structure.
Monthly closing process and annual adjustment entry.
Financial statement consolidation and reporting requirements.
Case Study: Preparing Simplified Financial Statements.
Financial management and Business Strategy.
The difference between accounting process and cash flow. Importance of liquidity, profitability VS. liquidity.
Performance Measurement.
Capital Structure of a Company.
Case Study
Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.
We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.
Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.
Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.
We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.
Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.