Financial accounting is the process of recording all transactions of resulting from business operations for a specific period of time. These transactions are then summarised for preparation of financial reports of the company including Income Statement, Balance Sheet and Fund Flow Statement. Financial reports, or annual reports, are prepared to show the profitability and net worth of the company. These reports are required not only by the company itself but are also required by prospective investors, bankers, suppliers, and the public at large. Financial reports provide insight of the financial health of the company.
Business owners, directors and the top management must have the ability to go behind the figures reports so as to understand the current financial health and plan for the future. This includes Capital Investments Appraisal, understanding various components of Working Capital and advantages of having an efficient Enterprise Resource Planning system. Besides, with the introduction of code of corporate governance all over the world, directors and CEOs can no longer plead ignorance about financial results of the company.
This course will enable the directors, both executive and non-executive, CEOs and other senior executives of the organisation to understand the financial statements and make intelligent decisions about the business to increase shareholders’ equity.
After the training course, you will learn to:
This course is suitable to a wide range of working professionals but will greatly benefit:
The course is customized to suit the requirements and professional background of the participants. The programme is conducted by highly experienced trainer with the help of power point slides, and video presentations. Some practical exercises are also included for better understanding of the subject. The course will be highly interactive sharing experiences and the trainees are encouraged to participate in practical exercises and group discussions.
Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.
Vivacoder Education LLC is a Knowledge & Human Development Authority (KHDA) approved training provider in Dubai with a License Permit number 629738.