Programme Details
Accounting and Financial Management Course
By Edraak
About the programme
Financial statements are extremely vital for the management of institutions and assurance of long-term continuity to be able to achieve both operational and strategic goals.
Those statements are considered solid indicators and baseline for all the institutions' financial data needed to assist internal and external parties in their managerial and financial decisions. They also act as an internal control tool and financial health grantee.
In this course, students will be able to get a clear idea about the four main financial statements as follows :
✓ Income statement: which indicates the results of the operations for institutions within a certain period of time
✓ Balance sheet statement: this statement refers to the financial position of an institution for a certain period of time
✓ Cash flow statement: this one is concerned with the cash inflows and outflows for a certain period of time and is essential to assure liquidity as needed.
✓ Changes in equity: This indicates the equities and liabilities of an institution.
Students will also be introduced to the main financial tools that relate the financial statements either vertically or horizontally in order to provide meaningful analysis for investors, debtors, and management as well.
Finally, cash-flow management and budgeting are explained as well.
It is important to highlight that this course is both theoretical and practical, as it includes practical examples throughout the lessons.