Financial Accounting and Detecting Fraud

General

Program Description

The workshop is designed for managers who lack of knowledge in accounting and finance. Business owners and managers often have to sign and approve financial statements and to interpret the data.

They will learn how to use information from financial statements for their planning and management works and how to assess the performance of the business through financial statements (such as identify irregular variables for the last period, ...)

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Objectives

  • Identify the functions of accounting information in the decision-making process
  • Explain elements of financial statements
  • Conduct basic analysis of financial performance
  • Use accounting information for decision making

Who Should Attend

This workshop is designed for owners and senior managers in SMEs including the board of directors, head of departments, especially those who do not have professional knowledge in Accounting and Finance and other people who want to use the information available from financial reports to take decisions.

Modules

Day 1

  • Role of accounting in making decisions
  • Classifying accounting information
  • Balance sheet
  • Income statement

Day 2

  • Cash flow statement
  • Notes to financial statements
  • Introduction to analysis techniques and analysis benchmarks
  • Fraud and its minimization techniques

Day 3

  • Financial data audit
  • Controlling the managerâs authority
  • Profitability, liquidity, business cycle, financial risk
  • Accounts role in business development
Last updated August 2019

About the School

At CONVERTAS, we organize training courses in all areas of business including Management, HR Management, Marketing, Finance, Procurement and Logistics, targeting organizations, managers and employees. ... Read More

At CONVERTAS, we organize training courses in all areas of business including Management, HR Management, Marketing, Finance, Procurement and Logistics, targeting organizations, managers and employees. Whether in-house or public, training courses are organized with the highest qualified trainers. Read less
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