Understanding the “Financial Statements “For Non Specialists
Course Description
The purpose of this course is to give the participants a good and practical understanding of accounting and financial concepts, standards, and tools. The course includes introduction to simple preparation and analysis of financial statements to help evaluate the performance and take proper / corrective decision
The Training Course Will Highlight ?
Training Objective

  • 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

Target Audience

  • 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

Training Methods

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

Daily Agenda

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

Accreditation

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

Quick Enquiry

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Course Rounds : (5 -Days)


Code Date Venue Fees Register
ACC176-06 26-09-2021 London USD 5950
Prices doesn't include VAT

UpComing Date


Details
  • Start date 26-09-2021
  • End date 30-09-2021

Venue
  • Country United Kingdom
  • Venue London

Quality Policy

 Providing services with a high quality that are satisfying the requirements
 Appling the specifications and legalizations to ensure the quality of service.
 Best utilization of resources for continually improving the business activities.

Technical Team

BTS keen to selects highly technical instructors based on professional field experience

Strengths and capabilities

Since BTS was established, it considered a training partner for world class oil & gas institution

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