What you'll learn?

  • Becoming familiar with basic accounting concepts and terms, track business transactions; use universal accounting tools such as the general journal, general ledger, and trial balance.  
  • Learning the purpose and how to use the four financial statements-the income statement, the balance sheet, the cash flow statement, and the statement of stockholders' equity.
  • Learning how to create and enforce a budget by analyzing financial statements, setting objectives, and monitoring performance.

Description

This course introduces participants to the fundamentals of financial management. The course focuses on the importance of financial statements and their role in financial operations and decisions. The main purpose of this course is to help participants to acquire the skills, knowledge & attitudes required to understand the basic aspects Financial Management through a group of practice activities & case studies.

Audience :

Individuals University & Institute students University & Institute fresh graduates Post graduate students Corporate Corporate professionals, financial employees, management & future managers seeking personal professional development Corporate training departments seeking employee development

Topics :

Basics of accounting

o  Accounting

o  Key accounting terms

Accounting cycle

o  Basics of the accounting cycle

o  Analyze, record and post transaction

o  Trial balance

Income Statement

o  Income statement basics

o  Prepare and interpret an income statement

Balance Sheet

o  Balance Sheet basics

o  Prepare balance sheets

o  Interpret balance sheets

Other financial statements

o  Cash flow statement

o  Statement of stockholders' equity

o  Budgeting

o  Fundamentals of budgeting

o  Analyze financial statements

o  Set objectives

o  Monitor performance

Prerequisities :

Recommended Knowledge :

No special prerequisites applied. Previous business experience and/or financial background preferred.

Recommended Course(s) :

Category :

  • Business

Training Materials :

Thomson Course Technology

Labs :

This course includes several labs to ensure you will gain the targeted skills and experience.

Credential :

This course is both a stand alone skills based certificate from "YAT Education Centers" & also part of the "YAT Business Diplomas"; "Project Management Skills Diploma – Standard Level", "Finance & Quality Management Skills Diploma – Standard Level".

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