Final Accounts and Financial Reporting in Banks

• To understand basic accounting principles and their application in Banks
• To gain knowledge of accounting practice particularly as they apply to Bank accounting
• To review the purpose and components of financial statements
• To practice recording of accounting entries, adjustments and preparing of trial balance
• To understand the importance of financial information for management decision making
• To review the purpose, components and inter-relationship with financial statements
• To understand the importance of provisioning
• To understand and analyze bank performance indicators and apply it to your institution

CONTENT

• Definition and role of accounting
• Transaction and source documents
• Journals and journal entries
• Ledgers and ledger-posting
• Trial balance
• End of period adjustments
• Introduction to financial reports
• Understand the importance of financial information and respective financial statements
• Have a basic understanding of provisioning and write-offs
• Financial statements for bank institutions
• Adjustments for institutions and subsidiaries
• Financial statements – Ratio analysis and decision making
• Trend/analysis and decision making
• Vertical analysis and decision making
• Emerging trends and future challenges

FOR WHOM:

Accountants and Financial Control Staff of Banks

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.