Course description
This comprehensive program is designed to help participants understand the intricacies of preparing and reviewing financial statements, and the analysis of financial health, with a specific focus on strategic financial management, operational efficiency, and sustainable practices. Through a blend of theory, practical examples, and future trends, we aim to equip you with the skills and knowledge necessary to excel in this field.
Upcoming start dates
Suitability - Who should attend?
This course is ideal for:
- Finance and accounting professionals who wish to deepen their understanding and enhance their skills.
- Business managers and executives interested in improving their organization's financial and accounting strategies.
- Students studying business, accounting, or related fields who wish to gain practical knowledge.
- Individuals considering a career change into finance and accounting.
- Small business owners who wish to effectively manage their finances and accounting.
Outcome / Qualification etc.
Upon completion of this course, attendees should be able to:
- Understand the fundamental principles of financial statement preparation, review, and financial health analysis, and their roles in business success.
- Develop effective financial strategies, manage assets, and mitigate risks.
- Apply principles and technology to enhance operational efficiency.
- Implement ethical and sustainable practices in financial management and understand the relevant laws and regulations.
- Understand the impact of globalization and emerging technologies on financial management and prepare for future trends.
Training Course Content
Day 1
Introduction to Preparation and Review of Financial Statements and Analysis of Financial Health
- Overview of Financial Statement Preparation and Review, and Financial Health Analysis: Definitions, differences, and interconnections.
- Importance of financial management in business.
- Understanding the Accounting Cycle: From identifying needs to final payment.
- Introduction to Financial Health Analysis: From initial assessment to providing final recommendations.
Day 2
Strategic Financial Analysis
- Developing a financial analysis strategy: Aligning financial analysis with organizational objectives.
- Asset selection and management: Criteria, negotiation, and relationship management.
- Risk Management in Financial Analysis: Identifying, assessing, and mitigating risks.
- Category management: Effective strategies for category management.
Day 3
Operational Efficiency in Financial Analysis
- Understanding and implementing principles of financial analysis.
- The role of technology in enhancing operational efficiency: ERP systems, AI, and IoT.
- Inventory management: Techniques for effective inventory control.
- Quality Management in Financial Analysis: Ensuring product quality and customer satisfaction.
Day 4
Ethical and Sustainable Financial Management
- Understanding ethics in financial management: Fair trade, labor rights, and anti-corruption.
- The role of financial management in sustainability: Green financial management strategies.
- Implementing ethical and sustainable financial management practices: Challenges and solutions.
- Regulatory compliance in financial management: Understanding applicable laws and regulations.
Day 5
Future Trends in Financial Statement Preparation, Review, and Financial Health Analysis
- Impact of globalization on financial management.
- Exploring the potential of emerging technologies: Blockchain, AI, and automation.
- The future of financial management: Predictions and preparations.
- Skills for the future: Essential skills for finance and accounting professionals in the digital age.
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...