facebook page
Call now to find out how we can help you succeed: +297.5885975
Home

​​Length:           10 classes



Effort:             3-4 hours per week



Level:              Intermediate



Language:     English, Dutch or

                          Papiamento *



Exam:             Assignments/Exam



​Credits:          3.0 EC's



Fee:                 AFl.   925.=


FINANCIAL ANALYSIS

REPORTING FOR

CONTROLLERS


twitter page

Course Outline

The course covers several activities that are practiced by financial controllers. From preparing financial statements, compiling and distributing internal reports, analyzing organization’s financial health and performance, and administering the budget process and control function to managing staff performance and enhancing their productivity. This course provides professionals the chance to practice these responsibilities and sharpen the necessary skills.



Course Objectives

By the end of the course, participants will be able to:

  • Explain the purpose and importance of financial controlling
  • Explain the key elements of the planning and control process
  • Explain generally accepted accounting principles and define and apply several of these principles to the preparation of key financial statements
  • Describe the process of external auditing and its related activities
  • Apply management accounting techniques to manage the company operations
  • Perform capital budgeting to evaluate and rank potential capital investments
  • Prepare key internal financial reports to fulfill management's information needs
  • Perform financial statement analysis using financial ratios
  • Design and use basic and advanced financial forecasting models in Excel
  • Identify and prepare the building blocks of a master budget 



Target Audience

Controllers, internal auditors, heads of accounting, financial assistants, managers and supervisors.



Key Topics

The key topics covered in the course are:

  • Management control and the planning and control cycle
  • Fundamentals of financial accounting and the role of generally accepted accounting principles in the preparation of external financial reports
  • Preparing financial statements starting from raw trial balance and ending with full comprehensive disclosures
  • Use of financial statements and the relationships between these statements
  • Financial analysis using financial statements' ratios and use of Excel sheets and graphs for financial statements analysis
  • International auditing standards and the audit process model
  • Role of management accounting in planning, directing and controlling
  • Product and service costing methods
  • Variance analysis and cost control measures
  • Capital budgeting and investment analysis
  • Master budgets and budgetary control
  • Financial planning, forecasting and feasibility studies
  • Performance analysis and the Balanced Scorecard



Examination

Participants should attend at least 8 out of the 10 classes.

Participants need to complete three assignments successfully.

At the end of the course, participants need to complete a final written exam.

A Certificate of Completion is awarded if the course is successfully fulfilled. Participants also receive an official transcript for their grades and course credits.



Course Fee in Aruban Florins

Per participant: AFl. 925.=, excluding 3.5% BBO/BAZV

Includes: course material, handouts, snacks, coffee and refreshments.



Location and Dates

Location: Learning Center at Club Kibrahacha 60+ (Piedra Plat 23)

Next class starts on: Monday January 22, 2018
Number of classes: 10
Time: 6:30 PM - 9:00 PM

Exam date: TBA


We reserve the right to alter dates, content, venue and trainer.



Discount Plans and Cancellation Policies

We offer discount plans for group bookings and in-house course and workshop facilitation. Click here for details about our discount plans and cancellation policies.

* Course language determined by audience's

   prefererence

Register Online or Download Course Registration Form: