Financial Management Training
- 2 Days
This Basic Financial Management training course introduces students to the fundamentals of financial management. Students will become familiar with basic accounting concepts and terms, track business transactions, use universal accounting tools such as the general journal, general ledger, and trial balance. Course activities also cover the purpose of and how to use the four financial statements-the income statement, the balance sheet, the cash flow statement, and the statement of stockholders' equity. Finally, students learn how to create and enforce a budget by analyzing financial statements, setting objectives, and monitoring performance.
This Financial Management training class continues by teaching how to reconcile a bank statement, choose a reconciliation reviewer, control an organization's cash, and prepare a Cash Flow Statement. Course activities also cover the various tools available for analyzing financial statements. Students will also learn how to calculate inventory value and depreciation, and why organizations use accounting methods when reporting financial information on financial statements.
- Learn the fundamentals of financial management.
- Learn basic accounting concepts and terms.
- Learn to use the general ledger and trial balance.
- Learn to prepare and interpret an Income Statement.
- Learn to prepare and interpret a Balance Sheet.
- Learn to interpret a Cash Flow Statement.
- Learn the fundamentals of budgeting.
- Learn to analyze financial statements.
- Learn how to reconcile a bank statement.
- Learn to manage an organization's cash.
- Learn to prepare a Cash Flow Statement.
- Learn how to calculate inventory value.
- Learn how to calculate depreciation.
- Learn inventory costing methods.
- Learn depreciation methods.
- Basics of accounting
- Key accounting terms
- Accounting cycle
- Basics of the accounting cycle
- Analyze, record, and post transactions
- Trial Balance
- Income Statement
- Income Statement basics
- Prepare and interpret an Income Statement
- Balance Sheet
- Balance Sheet basics
- Prepare Balance Sheets
- Interpret Balance Sheets
- Other financial statements
- Cash Flow Statement
- Statemof Stockholders' Equity
- Fundamentals of budgeting
- Analyze financial statements
- Set objectives
- Monitor performance
- Cash management
- Fundamentals of cash
- Bank reconciliation
- Maintaining control of cash
- Analysis of financial statements
- Importance of analyzing statements
- Ratio analysis of a Balance Sheet
- Analysis of Income Statements
- Profitability from Income Statements
- Comparative and percentage analyses
- Inventory and depreciation
- Basics of inventory and depreciation
- Inventory costing methods
- Depreciation methods
- Application of accounting methods
- Calculate inventory
- Calculate depreciation
InterSource Geneva, a premier Information Technology training firm, offers over 400 different courses on server, database and programming technologies, as well as end-user classes for the most popular office, graphics and design applications. We serve clients in Switzerland (Geneva, Lausanne, Bern, Basel, Zurich) and throughout Europe (France, Germany, Austria, Finland, Sweden, England, Netherlands, Spain, etc.).
InterSource offers custom, private courses at client sites, standard public courses in our Geneva classroom, and online training via live Web conference. Training is offered in English and many other languages (Francais, Deutsch, Espanol, Italiano.)
For an overall view of our offerings, please visit us at www.intersource.ch.