Master the technical skills needed to analyze financial statements and disclosures for use in financial analysis, and learn how accounting standards and managerial incentives affect the financial reporting process. By the end of this programme, you’ll be able to read the three most common financial statements: the income statement, balance sheet, and statement of cash flows. Then you can apply these skills to a real-world business challenge as part of the Wharton Business Foundations Specialization.
Learning Outcomes / Key Takeaways
In this programme you will be able to:
- Record, process and report business transactions.
- Use the trial balance and identify and correct errors.
- Draft financial statements.
- Understand the qualitative characteristics of useful information.
- Prepare and evaluate financial forecasts used to make strategic decisions.
- Value a venture, project, or investment opportunity and perform a sensitivity analysis.
Module 1: Introduction to accounting
- Accounting Process
- Financial Reporting Standards
- Current Liabilities
Module 2: Inventory Reconciliation
- Importance of Inventory Reconciliation
- 8 Inventory Management Techniques
- Reconciling Reports
Module 3: Finalizing Account Statements
- Income statement
- Statement of retained earnings
- Balance sheet
- Statement of cash flows
Module 4: Statement Analysis
- The structure of the financial statements
- Three basic comparative analysis techniques
- Assessing the quality of the firm’s financial statements
- Profitability and risk analysis
Each module focuses on clear objectives and skill demonstrations that can be easily linked to real life instances.
Well-balanced theoretical and practical methodology, which includes interactive discussions, case studies, interactive activities/exercises and assignments to understand the concepts and their applicability.
- 5-Day Training
- Course Notes
- Nationally Recognized and Internationally Accredited Certification
- Tea/Coffee Breaks
- Working Lunches- Training materials (Soft file)
- An evening of Thai culture emersion - River Cruise.
Participants must have attended the sessions at least 80% in order to receive a CERTIFICATE from Bangkok School of Management.
|November||27- 01 December||2023
USD 2,150 / per person
(Exclusive of VAT )
- 2-4 pax: 2.5%
- 5-7 pax: 5%
- 8-10 pax: 10%
- 11-13 pax: 15%
- 14-16 pax: 20%