The Effective Accountants: Skill Improvement Methods

  • Start Date

    10 Jun, 2019

  • End Date

    21 Jun, 2019

  • Price

    $10,000

Event Details

Understanding and interpreting financial information is essential for all levels of personnel both within and outside the finance function, if they are to properly contribute to the success of the business. In this workshop, you will learn how to be more confident about dealing with financial information, particularly when reviewing other companies’ financial data and enhance their decision-making skills in financial matters.

 

CONTENT

*Understanding Different Types of Financial Information

· Basis Accounting Terminology Explained

· The Flow of Accounting/Financial Information

· Distinguishing Different Types of Information and what is derived from

· Reporting formats

 

*Cash Cycle

· Cash versus Profit

· Basic Cash flow Statements

· Collection and Payment Processes

· How this is managed and controlled

 

*Inventory and Fixed Assets

·Asset lives and depreciation

· The Physical Verification of Assets

· Different Methods of Valuation

· How fixed assets are recorded

 

*Financial Statements

· The Balance Sheet Explained

· Using Financial Ratios

· Profit and Loss Account

· Computing Profitability Ratio

· Interpreting Results and Comparisons

 

*Costing and Budgeting

. Basic Forecasting Techniques

. Preparing a Departmental Budget

· Comparing Actual Performance with the Budget

· Different Costing Methods used in Business

 

FOR WHOM: Accountants, Auditors, Controllers, Managers, Senior, Financial Analysts, other Financial Professionals and others who perform related functions in Public and Private Sectors.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

Other Dates

Start Date End Date
10 Jun, 2019 21 Jun, 2019
  • Venue

    Arabian Courtyard Hotel, Dubai, United Arab Emirates.

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