Financial Accounting Mastery: Professional Certificate Course Event, 21.Apr.2025

Course Description

This intensive 5-day Financial Accounting Professional Certificate course provides a comprehensive understanding of financial accounting principles and practices. Participants will develop practical skills in financial reporting, analysis, and decision-making. The course covers essential topics from basic accounting concepts to advanced financial statement analysis and interpretation.

Learning Objectives

• Understand and apply fundamental accounting principles and concepts
• Prepare and analyze financial statements including balance sheets, income statements, and cash flow statements
• Develop proficiency in recording transactions and adjusting entries
• Master financial ratio analysis and interpretation for decision-making
• Gain insights into ethical considerations and regulatory requirements in financial accounting

Course Modules

Day 1: Foundations of Financial Accounting

• Introduction to accounting concepts and principles
• The accounting equation and double-entry bookkeeping
• Recording transactions and preparing trial balances
• Overview of financial statements

Day 2: Asset and Liability Accounting

• Current and non-current asset accounting
• Inventory valuation methods
• Current and long-term liability accounting
• Contingencies and commitments

Day 3: Income Statement and Equity

• Revenue recognition principles
• Expense recognition and matching principle
• Stockholders' equity and retained earnings
• Earnings per share calculations

Day 4: Cash Flow Statement and Financial Statement Analysis

• Preparing the statement of cash flows
• Financial ratio analysis techniques
• Horizontal and vertical analysis
• Interpreting financial statements for decision-making

Day 5: Advanced Topics and Ethics

• Lease accounting and pensions
• Deferred taxes and accounting changes
• Ethical considerations in financial reporting
• Current trends and issues in financial accounting

Practical Wins for Participants

• Ability to prepare and analyze complete sets of financial statements
• Proficiency in using financial ratios to assess company performance
• Skills to make informed financial decisions based on accounting data
• Understanding of ethical standards and regulatory requirements in financial reporting