The Effective Accounts Assistant Training

Course Info

Date: July-11-2022

Length: 1 Week

City: Istanbul

Fees: 3,900

Type: In Classroom

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    Dubai

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    Madrid

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    Dubai

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    Amsterdam

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    Barcelona

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    Singapore

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  • July-11-2023

    Madrid

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    Zurich

  • July-11-2023

    Amsterdam

  • July-18-2023

    Kuala Lumpur

  • July-25-2023

    London

  • July-25-2023

    Dubai

  • Aug-08-2023

    London

  • Aug-08-2023

    Dubai

Course Details

Course Outline

5 days course

 

Comprehending different kinds of Financial Information

 

• Who uses financial information and why?
• The flow of information in a company.
• Recognising different kinds of information and what it is derived from.
• Fundamental accounting terminology explained.
• Reporting formats.

 

The Cash Cycle

 

• Cash versus profit.
• The flow of money in and out of a company.
• How this is managed and controlled.
• Customers & Suppliers: The collection and payment processes.
• Where finance comes from.
• Basic cash flow statements.

 

Inventory and Fixed Assets

 

• Establishing the value of a companies’ inventory.
• Different techniques of valuation.
• How fixed assets are recorded.
• Asset lives and depreciation.
• The physical verification of assets.

 

Financial Statements

 

• Comprehending the composition of the Profit and Loss Account.
• Computing profitability ratios.
• The Balance Sheet explained.
• Utilising financial ratios.
• Interpreting results and making comparisons between companies.

 

Costing and Budgeting

 

• How we classify costs and set standards.
• Different costing methods used in business.
• Basic forecasting techniques.
• Preparing a departmental budget.
• Comparing actual performance with the budget.

Course Video