• Specifying the exact nature and scope of accounting process
• Identifying major accounting and financial terms and concepts
• Sophisticated reading of the "balance sheet" and "income statement" of a firm will enable you to understand its financial position and results of operations
• Awareness of the importance and / or the implications of decisions or corrective actions to be taken
• Being familiar with Evaluating the performance of the firm

• Shareholder /Partner / Businessman
• Investor (Prospective shareholder)
• Major Creditor or lender
• Financial analyst
• Non financial manager (H/R, sales and marketing, warehouse, etc…)
• Anyone interested and wants to develop his knowledge of financial statements and its analysis

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include;

• Lectures
• Workshop & Work Presentation
• Case Studies and Practical Exercise
• Videos and General Discussions

DAY 1

• Introduction
• Importance of accounting

• Key accounting and financial terms

• Management Accounting Vs. Financial Accounting
• Cash Flow Statements Vs Cash Flow Budgets

• Chart of accounts
• Cash v. accrual accounting basis
• Debits and credits – Simple idea

• Accounting Equation

DAY 2

• Introduction to financial statements
• Income Statement
• Equation
• Components
• Preparation

DAY 3

• Introduction to Balance Sheet
• Balance Sheet Equation
• Equation
• Components
• Preparation

DAY 4

• Statement of Cash Flows
• Cash and equivalent cash items
• Direct and indirect methods
• Preparation
• Non cash items
• Magic Equation

• Statement of Changes in Equity

DAY 5

• Financial Management Tools (Financial statements analysis)
• Vertical v. Horizontal trend analysis
• Ratio analysis
• Decision making related to Financial statements analysis

Budgets, Projections and Forecasts

BTS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.