Financial Accounting is a branch of accounting that records all matters related to financial position (financial position), financial performance (income statement), and cash flows of the enterprise in accordance with certain accounting standards. Here is the importance of financial accounting for all parties concerned with the institution.
This 7 Days course covers financial accounting practice for a selection of current and complex topics. Both the accounting practice is explained and the implication of the relevant accounting standard is critically appraised, with a view to developing thorough knowledge and critical understanding of applicable accounting principles, concepts, and regulations.
This course builds upon Financial Accounting. It aims to critically examine current financial accounting theory and practice for a selection of advanced topics, many of which are subject to current debate and review by the International Accounting Standards Board (IASB).
The course seeks to develop a thorough knowledge and understanding of the accounting principles, concepts, regulations and practices, applicable to selected topics. An important aim of the course is to develop skills of critical analysis through the study of relevant research papers on financial accounting topics.
By the end of of Advanced Financial Accounting Course, you will be able to:
Discover how balance sheets, income statements, and cash flow statements are developed and how each interact
Evaluate the financial health of a business using financial statements
The links between accounting principles and the preparation of financial statements.
Definitions of the content and functions of the two key financial statements.
How to prepare a set of financial statements from scratch.
Explain the relevance of cash flow and how it is reported.
Define the function of financial management.
Show how organizations use accounting to create and monitor their strategies.
Develop a practical perspective into contemporary work practices in your field.
Implement an Action Plan at your workplace using the knowledge and skills acquired through the course.
Prepare and evaluate financial forecasts to make strategic decisions
Value a venture, project, or investment opportunity and perform a sensitivity analysis
Advanced Financial Accounting Course is designed for:
Those who wish to understand the implications of decisions made across a range of financial accounting issues.
Those who wish to develop the ability to analyse, interpret, and question the accounting information they may encounter in a business context.
Those who wish to acquire a sound appreciation of accounting and finance in order to communicate and succeed in the business world.
Non-accounting staff who desire a practical introduction to the fundamentals of financial accounting.
New accounting staff who need to understand the financial accounting function holistically.
Accountancy staff with no formal qualifications.
Accountancy staff in pursuit of promotion.
Accountancy staff who need to have a deeper understanding of accounting and how this can improve results.
Anyone who wants to understand how the financial function relates to the general management of an organization.
Our courses in London take place at the following locations :
Once you register for this course, we will subsequently send the invoice and course information, including location, trainer, and other logistics.
Pay Attention, Please! The course location is subject to availability; the course time will be precise one week before the course start date! We may change the course location if there is no availability, and we will let you know about the location change once it happens.