Financial ACCOUNTING courses

This intensive three-day program offers participants an introduction into the core financial accounting concepts and tools that will assist them in understanding financial statements and their related disclosures. The course explains in detail all the key components of the balance sheet, income statement, statement of cash flows, and statement of equity. The course makes effective use of group exercises and is highlighted by a case study of a reporting company to help illuminate many of the key accounting concepts taught in class.

Duration: Three days

Program Level: Basic

Prerequisites: There are no prerequisites

This five-day program offers participants a thorough introduction into the core financial accounting concepts and tools that will assist them in understanding financial statements and their related disclosures. Taught by a Chartered Financial Analyst, the course explains in detail all the key components of the balance sheet, income statement, statement of cash flows, and statement of equity. Difficult to understand concepts such as deferred taxes, pensions and inter-corporate accounting are demystified. The course makes effective use of group exercises and is highlighted by a case study of a reporting company to help illuminate many of the key accounting concepts taught in class.

Duration: Five days. (This course contains more basic and introductory material than the three day Introduction to Financial Accounting course and is more appropriate for those with little or no accounting experience.)

Program Level: Basic

Prerequisites: There are no prerequisites

A majority of reporting companies manage many of their risks with the use of hedges and derivatives. Given the impacts of these activities on financial statements, this course demystifies the motivations for and requirements of hedge accounting. Delivered by a Chartered Financial Analyst and Certified Financial Risk Manager, the course will make use of various real-world examples to explain the types of derivatives used by companies to hedge various risks in their operations. The course will also identify and describe in detail the current rules and accounting methodologies for hedge accounting and the disclosure requirements that must be met by reporting companies.

Duration: Two days

Program Level: Intermediate

Prerequisites: Introduction to Financial Accounting (or similar), Introduction to Derivatives (or similar)

This two day advanced level course is designed to demystify some of the most difficult to understand accounting topics. The program is delivered by a Chartered Financial Analyst and explains in detail advanced accounting concepts such as lease accounting, deferred taxes, stock-based compensation, hedge accounting, foreign currency translation and pension accounting. Real world case studies will be used to illuminate these topic areas and participants will also benefit from various in-class exercises. The course requires each participant to have a thorough knowledge of financial accounting concepts.

Duration: Two days

Program Level: Advanced

Prerequisites: Introduction to Financial Accounting (or similar) and Financial Statement Analysis (or similar)

This two day course provides participants with a foundation upon which they will be able to assess the creditworthiness of a corporate issuer. By establishing a framework for analysis, participants will be able to identify and assess key qualitative and quantitative factors in determining credit risk. Delivered by a Chartered Financial Analyst, the course will provide participants a thorough grounding in the most effective techniques for financial ratio, cash flow and debt structure analysis.

Duration: Two days

Program Level: Intermediate

Prerequisites: Introduction to Financial Accounting (or similar)

To be effective in the modern workplace, employees at all levels and in all business areas require greater quantitative skills - in particular, those that involve interpreting, analyzing and presenting financial data. Using your organization as a case study, this two-day program offers participants a foundation upon which they can make productive use of financial and accounting concepts that are increasingly becoming part of today’s workplace. Financial accounting topics such as matching, depreciation and the calculation of operating income, among many others, will be demystified in order to provide your staff a much greater foundation of quantitative skills. By explaining in plain language managerial accounting topics such as accruals, allocations, and overhead, participants will emerge more confident in their ability to contribute to both the management of and strategic planning for the organization.

Duration: One day

Program Level: Basic

Prerequisites: There are no prerequisites