Objectifs de la formation - Be proficient with Financial Reporting and Accounting terminology
- Learn to deliver accurate English and American up to date financial advice
- Improve reporting skills
Programme de la formation
Jour 1
Reporting to the outside world - The company's financial interface with the outside world
- The financial results and how they are structured
Company reports - Discern between different reports, such as directors report and auditors report
- Look at their definitions and how they are presented
Presenting financial information - Examine the fundamental difference between the internal reports and the published or external accounts of a company
Understanding and describing graphs - Comprehensive glossary of terminology used for the different types of reporting graphs
- Effectively communicating the meaning of figures and movements
Financial statements - Fundamental basics of reporting and understanding of financial information
- Focus on the profit and loss, balance sheets and cash flow accounts
- Examine the differences in their application
Budgets tools - Making budgets effective tools
- Look at how budgets can be used as effective control tools as well as predictive measures to ensure goals are reached
Comparing UK, US and French financial descriptions - Study in greater detail the main differences in terminology used by both UK and US entities
Jour 2
Measuring performance - Creating profit centers and understanding the conceptual and administrative difficulties in doing so
- Study the difference between actual and budgeted performance
Costing - The cost structure of a business and how it relates to production, control, and analysis
- See the difference between standard and activity based costing
- Compare this difference with sale versus inventory
Pricing - Understand the dynamics of competitive positioning
- Look at the fundamentals of product revisions and return on sales
Understanding trends - Look at the primary, secondary and tertiary sectors of the economy
- Understand how they marry together in relation to the political economy
- Look at theories of Government spending and recession
- See how they affect inflation and unemployment
Project analysis - Payback, internal rate of return, and weighted average cost of capital
Organisational culture - Overview of the ways in which companies are changing in relation to both the outside world and their shareholders
- Examine the new legislation regarding corporate governance and reporting requirements
Corporate taxation - Series of definitions of the main taxes levied on companies and multinationals
- Explore the concept and use of offshore centers and tax havens
Personal examples, feedback, review and conclusion of the seminar
