An intensive professional development training course on
Business Processes
in Financial Accounting
Why Choose Business Processes in Financial Accounting Training Course?
In today's dynamic business environment, understanding the intricacies of financial accounting is crucial for organizations aiming to maintain fiscal health and achieve sustainable growth. This five-day training course offers a deep dive into the core business processes that underpin financial accounting practices. Through a blend of theoretical insights and practical applications, participants will gain invaluable skills to navigate the complexities of financial management with confidence.
What are the Goals?
By the end of this training course, participants will be able to:
- Delve into the foundational principles and concepts of financial accounting, including double-entry bookkeeping, accrual accounting, and the accounting cycle
- Learn how to streamline financial processes, from transaction recording to financial statement preparation, to enhance efficiency and accuracy
- Develop the ability to interpret financial statements, assess financial performance, and identify areas for improvement or optimization
- Acquire hands-on experience with industry-standard accounting software and tools to facilitate data analysis, reporting, and decision-making
- Explore strategies for identifying, mitigating, and managing financial risks, as well as ensuring compliance with relevant regulatory frameworks and accounting standards
Who is this Training Course for?
This Business Processes
in Financial Accounting training course is suitable to a wide range of professionals but will greatly benefit:
- Finance professionals
- Accountants
- Financial Analysts
- Auditors seeking to deepen their understanding of financial accounting processes
- Managers, executives, and business owners involved in financial decision-making and strategic planning
How will this Training Course be Presented?
This Business Processes
in Financial Accounting training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The facilitator will provide interactive presentation that incorporates slides, videos, group discussion, and practical exercises to examine all aspects of the topic.
The Course Content
Amongst a wide range of valuable topics, the following will be prioritised:
Overview of Financial Accounting (FI) in SAP ERP
- Outlining Financial Accounting (FI) Components in SAP ERP
General Ledger (G/L) Accounting
- Outlining Organizational Elements in Financial Accounting (FI)
- Maintaining G/L Master Records
- Posting Transactions in the G/L
Accounts Payable
- Maintaining Vendor Master Records
- Maintaining Accounts Payable Transactions
- Managing the Integration between Accounts Payable and Materials Management
- Performing Accounts Payable Closing Operations
Accounts Receivable
- Maintaining Customer Master Records
- Managing Accounts Receivable Transactions
- Managing Customer Correspondence
- Creating Accounts Receivable Dispute Cases
- Managing the Integration between Accounts Receivable and Sales Order
- Performing Accounts Receivable Closing Operations
Asset Accounting
- Maintaining Asset Master Records
- Executing Asset Transactions
- Executing Asset Accounting Period-End Closing Activities
Bank Accounting
- Maintaining Bank Accounting Master Records
- Managing Bank Accounting Transactions
Closing Operations in General Ledger Accounting
- Performing General Ledger (G/L) Closing Operations
Certificate and Accreditation
- AZTech Certificate of Completion for delegates who attend and complete the training course
Do you want to learn more about this course?
© 2024. Material published by AZTech shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.
Frequently Asked Questions
There are several convenient ways to register for our training programs:
- Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
- Email: Share your details, including your name, organization, email address, and selected course, by sending an email to info@aztechtraining.com
- Phone: Reach out to us directly at +971 4 427 5400 or +971 4 427 5407, and our team will guide you through the registration process.
Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.
Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.
Yes, we offer tailored corporate training solutions to meet your organization's specific needs. Please contact us at info@aztechtraining.com or call +971 4 427 5400 for more information.