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Financial Accounting Training

  • Training Duration:
  • 2 Days
  • Training Environment:
  • On-site at the Institution
  • In DVA Classrooms
  • Online
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About the Training

Financial Accounting Training provides a fundamental skill set in the business world. This training is essential for understanding a company’s financial condition. Participants learn about key accounting reports such as the balance sheet, income statement, and cash flow statement. They also grasp methods for properly maintaining financial records.

This training aims to ensure compliance with legal standards in financial processes. Additionally, participants are provided with information on tax legislation and compliance issues. The course also covers cost management and budgeting techniques, which help companies carry out their financial planning more effectively.

Participants develop their skills in analyzing and interpreting financial data. They also learn how to use this information in strategic decision-making processes. The training focuses on the use of accounting software and information systems, enabling participants to increase their efficiency by leveraging technological tools.

Financial Accounting Training forms the basis for internal financial reporting within companies. Participants learn to accurately measure financial performance indicators. They also gain the ability to correctly interpret the findings of financial analysis processes. The course enhances effective communication skills with external auditors.

In conclusion, Financial Accounting Training is indispensable in the business world. With this training, participants can work in accordance with the principles of financial discipline and transparency. They also gain competency in reducing financial risks and using company resources efficiently. This training plays a significant role in financial decision-making processes. Participants who complete the course may find opportunities for career advancement.

What Will You Learn?

  • Accounting Fundamentals: Basic accounting concepts, double-entry bookkeeping, and the accounting cycle.
  • Financial Statements: Preparation and analysis of the balance sheet, income statement, statement of changes in equity, and cash flow statement.
  • Bookkeeping: Basic bookkeeping techniques, chart of accounts, and organization of accounts.
  • Depreciation and Inventory Management: Methods of depreciation for fixed assets and inventory management techniques.
  • Receivables and Payables Management: Management of receivable and payable accounts, aging analyses.
  • Tax Accounting: Basic principles of tax accounting, temporary and permanent differences, and tax returns.

Prerequisites

  • Basic knowledge of mathematics.
  • A basic understanding of business and financial transactions.

Who Should Attend?

  • Beginners looking to enter the accounting profession.
  • Small business owners and managers.
  • Employees in financial departments.
  • Accounting and finance students.

Outline

Day 1: Accounting Fundamentals and Financial Statements
  • Accounting principles, standards, and the double-entry bookkeeping system
  • Preparation of the balance sheet and main account groups
  • Understanding the income statement, statement of changes in equity, and cash flow statement
Bookkeeping
  • Basic bookkeeping processes and creating a chart of accounts
  • Recording daily accounting entries and using accounting software
Day 2: Depreciation and Inventory Management
  • Fixed assets and various depreciation methods
  • Inventory management techniques and cost calculations
Receivables and Payables Management
  • Management of receivables and aging analyses
  • Debt management and payment schedules
Tax Accounting
  • Introduction to tax accounting and basic tax calculations
  • Understanding temporary and permanent differences and preparing tax returns

Training Request Form

If you want to maximize the benefits of your training in terms of time and cost efficiency, all you need to do is contact us.

Our training consultants will get in touch with you, assist in identifying your organization’s needs, and provide the most suitable training programs for your employees.

Training Request Form

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