{"id":644,"date":"2022-02-21T08:01:55","date_gmt":"2022-02-21T08:01:55","guid":{"rendered":"https:\/\/myiconconsult.com\/?p=644"},"modified":"2022-03-04T07:44:06","modified_gmt":"2022-03-04T07:44:06","slug":"financial-training","status":"publish","type":"post","link":"https:\/\/myiconconsult.com\/?p=644","title":{"rendered":"Financial Training"},"content":{"rendered":"\t\t
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Understanding Financial Statements and Ratio Analysis<\/strong><\/span><\/p>

Target:<\/strong>
The training is intended for business leaders who want to understand how their business is operating and make informed decisions.<\/p>

Objectives:<\/strong>
The training is aimed at:<\/p>

  • Enabling a good understanding of financial statements<\/li>
  • Understanding organizational performance through financial ratio analysis<\/li><\/ul>

    Content:<\/strong>
    The training will have the following training contents<\/p>

    • Financial statements preview<\/li>
    • Fundamentals of financial statements<\/li>
    • Introduction to financial statement analysis<\/li>
    • Understanding income statement (statement of profit and loss)<\/li>
    • Understanding balance sheet (statement of financial position)<\/li>
    • Understanding cash flow statements<\/li>
    • Ratio analysis<\/li><\/ul>

      Intended outcome:<\/strong>
      The training has the following intended outcomes
      Increase managements financial decision quality
      Enable quality decision making<\/p>

      Proposed duration:\u00a0<\/strong>20 hours<\/p><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

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      Finance for Non-Finance Managers<\/strong><\/span><\/p>

      Target:<\/b>
      The training is intended for managers who does not have a financial academic background but want to understand and effectively manage their organizations on financial matters.

      <\/p>

      Objectives:<\/strong>
      The training is aimed at: Equipping managers with non-finance background with basic accounting and finance concepts.

      <\/p>

      Content:<\/strong><\/p>

      • Who Makes and enforces accounting rules
        • IASB<\/li>
        • FASB<\/li>
        • IFRIS<\/li>
        • IAS<\/li>
        • GAAP<\/li>
        • Local standards<\/li><\/ul><\/li>
        • The accounting cycle
          • Source Documents<\/li>
          • Journals<\/li>
          • Ledgers<\/li>
          • Trial Balance<\/li>
          • Financial statements<\/li>
          • End of year and new year transactions<\/li>
          • Budgeting<\/li><\/ul><\/li>
          • Basic Principles
            • Cash basis and Accrual basis<\/li>
            • GAAP<\/li><\/ul><\/li>
            • Basic Financial Statements
              • Income Statement (profit and loss statement)<\/li>
              • Balance Sheet<\/li>
              • Cash Flow Statement<\/li><\/ul><\/li>
              • Applying your knowledge for decision making
                • How to measure your performance<\/li>
                • How to project the future<\/li><\/ul><\/li>
                • Relating to day-to-day activity and decision making and discussion<\/li><\/ul>

                  Intended outcome:<\/strong>
                  Having financial knowledge provides a strong competence for any manager. This training intends to enable managers understand financial situation of organizations thereby enabling a quality decision.<\/p>

                  Proposed duration:<\/strong>
                  20 hour<\/p><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

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                  Understanding Financial Statements and Ratio Analysis Target:The training is intended for business leaders who want to understand how their business is operating and make informed decisions. Objectives:The training is aimed at: Enabling a good understanding of financial statements Understanding organizational performance through financial ratio analysis Content:The training will have the following training contents Financial statements […]<\/p>\n","protected":false},"author":1,"featured_media":1767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25,31],"tags":[],"class_list":["post-644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-training"],"_links":{"self":[{"href":"https:\/\/myiconconsult.com\/index.php?rest_route=\/wp\/v2\/posts\/644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myiconconsult.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myiconconsult.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myiconconsult.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/myiconconsult.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=644"}],"version-history":[{"count":5,"href":"https:\/\/myiconconsult.com\/index.php?rest_route=\/wp\/v2\/posts\/644\/revisions"}],"predecessor-version":[{"id":1824,"href":"https:\/\/myiconconsult.com\/index.php?rest_route=\/wp\/v2\/posts\/644\/revisions\/1824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/myiconconsult.com\/index.php?rest_route=\/wp\/v2\/media\/1767"}],"wp:attachment":[{"href":"https:\/\/myiconconsult.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myiconconsult.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myiconconsult.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}