Financial Management:Advanced

Cash management
Fundamentals of cash
Bank reconciliation
Maintaining control of cash

Analysis of financial statements
Importance of analyzing statements
Ratio analysis of a Balance Sheet

Analysis of Income Statements
Profitability from Income Statements
Comparative and percentage analyses

Inventory and depreciation
Basics of inventory and depreciation
Inventory costing methods
Depreciation methods

Application of accounting methods
Calculate inventory
Calculate depreciation

After completing this course, students will know how to:

Identify the fundamentals of cash and cash control, prepare a bank reconciliation statement, and identify the methods of controlling cash.
Identify the importance of analyzing financial statements, and analyze a Balance Sheet by using ratios.
Determine the profitability from Income Statements by using ratios and the break-even point, and identify the concepts of comparative and percentage analyses.
Identify inventory, depreciation, inventory costing methods, and depreciation methods.
Calculate inventory and depreciation by using inventory costing and depreciation methods.

Prerequisites

Financial Management: Basic or equivalent knowledge