Applied Course in Accounting and Financial Analysis
1Summary
Accounting and financial management are often treated as the same discipline, but they play different roles: accounting focuses on collecting and recording financial data, while financial management analyses that data to support informed decisions. Understanding where one ends and the other begins is exactly what this course, delivered by the Arab British Fellowship Training Academy, sets out to build.
Participants also explore how economic conditions feed into sound financial decision-making, giving them a rounded, foundational grasp of financial accounting and the double-entry system that prepares them for successful careers in finance and accounting.
2Objectives and target group
Who Should Attend?
- Accountants, managers, and anyone in a role that requires a solid background in accounting and finance.
Knowledge and Benefits:
After completing the course, participants will be able to:
- Work with core accounting concepts, the accounting equation, and accounting rules.
- Register, modify, and correct transactions and commercial records.
- Prepare and analyse financial statements, and settle accounting records.
3Course Content
Module 1: Building the Accounting Framework
- Functions and areas of sub-accounting, principles, concepts and conventions, and the accounting equation.
- Account types, and discount and credit rules.
Module 2: From Transaction to Ledger
- Transaction analysis and registration, posting to the ledger, and balancing accounts.
- Understanding the accounting framework, process, and completion cycle, and preparing the audit balance.
Module 3: Financial Statements, Bookkeeping and Reconciliation
- Analysing financial statements, settling cash flows and bank balances, and recordkeeping.
- Principles and terms of bookkeeping, accounting for goods and transactions, reconciling debtor and creditor control accounts, and bank reconciliation.
Module 4: Consumption Accounting Essentials
- Methods of consumption, how consumption is accounted for, and its effect on cash flows and income taxes.
Module 5: Delivery Format, Locations and Certification
- Delivered through group training at Academy centres, individual training, hands-on field training, and theoretical classroom sessions.
- Offered across Egypt, Jordan, Malaysia, Turkey, England, France, Italy, Germany, Sweden, Austria, Denmark, Australia, and the United States, at a time and place that suits you.
- Participants receive an accredited certificate from the Arab British Fellowship Training Academy upon completion.