An Interactive 5-Day Training Course
Financial Accounting Certificate
Mastering Core Accounting Principles for Business Success
Classroom Sessions:
INTRODUCTION
This training course offers a comprehensive understanding of financial accounting, designed for professionals seeking to elevate their financial literacy and enhance decision-making through accurate financial reporting. In today’s competitive and compliance-driven business environment, having a solid foundation in financial accounting is not just beneficial - it’s essential.
This training course is meticulously crafted to simplify complex accounting concepts, improve financial reporting accuracy, and build participants' confidence in interpreting financial data. Whether you are in finance, administration, management, or operations, this training course equips you with the knowledge and tools needed to understand how businesses track and report financial performance. You'll also gain insights into international accounting standards, key financial documents, and the principles of auditing and internal control. By the end of this training course, you'll be ready to contribute more meaningfully to your organization’s financial well-being.
This GLOMACS Financial Accounting Certificate training course will highlight:
- The fundamentals of financial accounting and reporting
- How to interpret and analyze financial statements
- The role of internal controls and audits in financial accuracy
- Key International Financial Reporting Standards (IFRS)
- Effective use of accounting information for decision-making
Objectives
At the end of this training course, you will learn to:
- Understand the fundamentals of financial accounting
- Analyze and interpret financial statements
- Apply key IFRS concepts in financial reporting
- Evaluate the importance of internal controls
- Use accounting information for better decisions
Organisational Impact
Participants will return to their organizations equipped to:
- Strengthen financial oversight and transparency
- Improve budgeting and forecasting accuracy
- Reduce financial misreporting and errors
- Support strategic decision-making processes
- Align with international accounting standards
- Enhance internal audit and compliance measures
Personal Impact
Participants will benefit by gaining the ability to:
- Comprehend and apply accounting principles
- Confidently interpret key financial statements
- Understand accounting’s impact on business strategy
- Apply IFRS knowledge in their daily tasks
- Identify financial risks and opportunities
- Enhance their professional credibility and growth
WHO SHOULD ATTEND?
This GLOMACS Financial Accounting Certificate training course is ideal for individuals looking to strengthen their understanding of financial accounting and enhance their strategic value in business operations.
- Finance and accounting professionals
- Auditors and internal control officers
- Budgeting and financial planning staff
- Project managers and business analysts
- Operations, HR, and procurement managers
DAY 1
Understanding Financial Accounting Basics
- Introduction to financial accounting principles
- Double-entry bookkeeping fundamentals
- Chart of accounts and journal entries
- The role of accruals and deferrals
- Trial balance preparation
- Basic adjusting entries
- Introduction to IFRS framework
DAY 2
Preparing and Understanding Financial Statements
- Income Statement and Balance Sheet fundamentals
- The Statement of Cash Flows
- Notes to the financial statements
- Cash vs. accrual accounting
- Understanding retained earnings
- Interrelationship between statements
DAY 3
Financial Statement Analysis
- Vertical and horizontal analysis techniques
- Ratio analysis for performance evaluation
- Interpreting trends and business cycles
- Red flags and financial red alerts
- Limitations of financial statements
- Benchmarking and variance analysis
DAY 4
Internal Controls and Auditing
- Importance and elements of internal control
- Role of internal and external auditors
- Fraud detection and prevention
- Segregation of duties and authorizations
- Documentation and audit trails
- Regulatory and ethical considerations
DAY 5
Strategic Use of Financial Information
- Linking accounting to business decisions
- Budgeting and forecasting essentials
- Cost control and break-even analysis
- Strategic financial planning
- Performance management with financial data
- Financial reporting to stakeholders
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance.
Endorsed Education Provider
GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org
In Association With
Oxford Management Centre
A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.
Dubai - UAE
P. O. Box
74653
Tel: +971 (04) 425 0700
Fax: +971 (04) 425 0701
Tax Registration Number: 100270246000003
GLOMACS Training & Consultancy
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