This course is curated in a way that helps your interest in Finance & Accounts by making you understand the fundamentals. Moving forward in the set course, you get to know how to prepare and analyze financial statements. From introducing you to terminology and Excel formats to risk management, you get all the needed knowledge in these courses.
Why Should We Buy This Prime Pack?
For a business to start and grow, each decision is based on finance. If you are an entrepreneur, you must have knowledge of Financial Matters to manage your business effectively. Or, if you are head of a department like Production / Purchases / Sales, etc, and if you aspire to grow in your hierarchy, financial knowledge is a must. After understanding the difference between Financial Management and Accounting, we land on Financial Statements, and how to use them for Decision Making. Also, we try to understand Financial Ratios and their implications in various decisions.
Scope
1. In recent times, financial instruments have become more complex. The need for proper evaluation of these instruments grew proportional to the demand for professionals with advanced financial skills.
2. Large organizations depend on the rising Financial Technology (Fintech) Innovations, and the industry growth became significant.
3. The accounts and finance industry operates within a complex regulatory framework. Regulatory bodies enforce accounting standards, tax regulations, and financial reporting requirements. Changes in regulations can influence the growth of the industry by creating new compliance challenges or driving the need for specialized services.
We equip you to adapt to the industry growth by building strong foundations on concepts like understanding how the business operates and how it flows into financial modeling concepts.
Along with, record transactions using debits, credits, and posts to the ledger. Prepare an income statement and balance sheet and complete the accounting records. Looking into types of Financial Statements while defining, classifying, and distinguishing between financial risks. Stepping it up by learning about standard benchmark ratios applicable in banks, 20 Ratios, and their Interpretation in an Excel sheet.
Without missing the structuring projected financial statement (profit or loss, balance sheet, cash flow statement). The method of calculating the cost of a product or enterprise. Recognizing the difference between idiosyncratic and systematic risks.
