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Course Title:

Course ID:

220424 0101 1425ESH

Course Dates :

22/Apr/2024

 To

26/Apr/2024

Course Duration :

5

Course Location:

London

United Kingdom

Course Fees GBP £ :

Primary Price

£4,555.99

VAT may vary depending on the country where the course or workshop is held

Course Fees USD $:

Advisory Price

$5,829.09

VAT may vary depending on the country where the course or workshop is held

Course Category:

Professional and CPD Training Programs

Finance, Accounting

Course Certified By:

* Professional Training and CPD Programs
Leading to : Executive Diploma Certificate
Leading to : Executive Mini Masters Certificate
Leading to : Executive Masters Certificate

* ESHub CPD
* LondonUni - Executive Management Training

United Kingdom

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Course Information

Introduction

This comprehensive course is designed to equip participants with the essential knowledge and skills required to navigate through accounting methods and procedures effectively.
In today's dynamic business environment, accurate financial reporting is crucial for making informed decisions and ensuring compliance with regulatory standards.
Participants will delve into best practices in financial accounting and reporting, gaining insights into various methods and procedures that optimize financial management and enhance organizational performance.
Throughout the course, participants will engage in interactive discussions, case studies, and hands-on exercises to reinforce learning and practical application of concepts.
By the end of the program, attendees will have the knowledge and skills to implement best practices in financial accounting and reporting within their organizations.

Objectives

1. Understand fundamental accounting principles and concepts.
2. Explore best practices in financial accounting and reporting.
3. Learn techniques for accurate financial data analysis and interpretation.
4. Gain insights into regulatory requirements and compliance standards.
5. Develop skills to implement efficient accounting methods and procedures.
6. Enhance decision-making capabilities based on financial information.

Who Should Attend?

This course is ideal for accounting professionals, financial analysts, managers, and anyone involved in financial reporting and analysis.
It is also beneficial for individuals seeking to enhance their understanding of accounting methods and procedures to improve financial management within their organizations.

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
• Post-assessment

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Daily Agenda

The course agenda will be as follows:
• Technical Session 08.30-10.00 am
• Coffee Break 10.00-10.15 am
• Technical Session 10.15-12.15 noon
• Coffee Break 12.15-12.45 pm
• Technical Session 12.45-02.30 pm
• Course Ends 02.30 pm

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Week 1

Day 1:
Fundamentals of Financial Accounting
• Overview of accounting principles and concepts
• Understanding the double-entry accounting system
• Introduction to financial statements: Balance Sheet, Income Statement, and Cash Flow Statement
• Principles of accrual vs. cash basis accounting
• Case studies and practical exercises

Day 2:
Financial Statement Analysis
• Techniques for analysing financial statements.
• Ratio analysis: liquidity, solvency, profitability, and efficiency ratios
• Interpreting financial performance indicators
• Identifying trends and patterns in financial data
• Real-world examples and group discussions

Day 3:
Best Practices in Financial Reporting
• Regulatory requirements: GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards)
• Compliance standards and reporting frameworks
• Disclosure requirements for public vs. private companies
• Ensuring accuracy and transparency in financial reporting
• Case studies and regulatory compliance exercises

Day 4:
Accounting Methods and Procedures
• Inventory valuation methods: FIFO, LIFO, weighted average.
• Depreciation methods: straight-line, double-declining balance, units of production
• Revenue recognition principles
• Expense recognition and capitalization
• Hands-on exercises and practical applications

Day 5:
Implementing Effective Financial Controls
• Internal controls and segregation of duties
• Fraud detection and prevention
• Auditing procedures and best practices
• Role of technology in financial controls
• Developing an effective financial control framework

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.