COURSE DESCRIPTION:
Accounting for Managers: 03. Advanced Financial Accounting is meticulously designed to dive into the advanced aspects of financial and management accounting from a business manager's perspective. The core of the course hinges on the critical evaluation of accounting information housed within financial statements and the day-to-day application of pivotal cost and management accounting strategies in business decision-making. We adopt a managerial and analytical approach to navigating the financial dimensions of business management, unraveling themes including Working Capital & Liquidity, Debtors, Creditors & Inventory Days, Permanent & Cyclical Working Capital, Cash Flow Statements, Economic Value Added, Cash Flow Return on Investment (CFROI), and Key Ratio Analysis. By the course's conclusion, participants will have expanded their mastery and skills in advanced accounting fundamentals. Engaging in this training opens avenues for career advancement and exploration into various enticing career options within this dynamic field.

Accounting for Managers: 03. Advanced Financial Accounting represents Part 3 of the 5-part Accounting for Managers series, presented by Sentinel|9. Encompassing lecture-style videos, real-world case studies, downloadable materials, and self-knowledge quizzes, this course is a nexus for gaining exemplary skills. Engage in this course alongside its series counterparts to augment your capacity to proficiently manage your company and fuel your professional growth.


LEARNING OUTCOMES:
Upon the completion of this module, users will be able to:
• Master Advanced Accounting Techniques: Gain expertise in advanced financial and managerial accounting principles.
• Optimize Working Capital Management: Develop skills for managing and optimizing working capital effectively.
• Navigate Cash Flow Management: Acquire practical skills in analyzing and managing cash flows.
• Conduct Financial Ratio Analysis: Enhance capabilities for conducting and applying key financial ratio analyses.
• Employ Value and Return Strategies: Implement and interpret Economic Value Added and Cash Flow Return on Investment strategies effectively.
• Translate Theory to Practice: Apply advanced accounting knowledge to solve real-world financial case studies.


TIME: Up to 2 Hours


OTHER INFORMATION:
• No prerequisites.
• No materials distributed.
• No formal assessments required.