Target audiences
- Financial accountants
- Senior accountants
- Finance managers
- CFOs
- Professionals focusing on complex financial accounting
The Advanced Financial Accounting training program is designed for professionals who want to deepen their knowledge of financial accounting and improve their ability to analyze and interpret financial statements. The program covers advanced topics such as consolidation, accounting for business combinations, foreign currency transactions, and hedging activities. Participants will also learn about the latest accounting standards and their impact on financial reporting.
Objectives:
- Understand the principles of financial accounting and reporting
- Interpret financial statements and analyze financial performance
- Apply accounting standards to complex business transactions
- Understand the process of consolidation and eliminate intercompany transactions
- Account for business combinations, including goodwill and intangible assets
- Understand the accounting for foreign currency transactions and translation
- Apply hedging accounting principles
- Understand the impact of accounting standards updates on financial reporting
Overall, this Advanced Financial Accounting training program is suitable for accounting and finance professionals who want to deepen their understanding of financial accounting and improve their ability to analyze financial statements. The program provides a comprehensive overview of advanced accounting topics, with a focus on practical application and real-world examples. Participants will gain a deeper understanding of financial reporting and will be better equipped to make informed financial decisions. The program is highly interactive, with case studies and exercises to help participants apply their learning in real-world situations.
Day 1: Principles of Financial Accounting and Reporting
- Overview of financial accounting principles and practices
- Financial statement analysis and interpretation
- Accounting standards updates and their impact on financial reporting
Day 2: Consolidation and Intercompany Transactions
- Understanding the consolidation process
- Elimination of intercompany transactions
- Advanced consolidation issues and adjustments
Day 3: Business Combinations and Intangible Assets
- Accounting for business combinations, including mergers and acquisitions
- Valuation of goodwill and intangible assets
- Accounting for impairment of goodwill and intangible assets
Day 4: Foreign Currency Transactions and Translation
- Accounting for foreign currency transactions
- Translation of foreign currency financial statements
- Accounting for foreign currency hedges
Day 5: Hedging Activities and Accounting Standards Update
- Advanced topics in hedging activities
- Derivative instruments and their accounting treatment
- Impact of accounting standards updates on financial reporting
All our courses are provided in business centers located close to the city center.
After your course registration is complete, you will receive the invoice and comprehensive course details, which encompass information about the venue, instructor, classroom location and various logistical aspects.
For more details please contact us here