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Financial Awareness for the City/Banking Sector

The Financial Awareness for the City/Banking Sector one day course provides delegates with the key financial awareness skills necessary in the context of the financial sector.

The course will cover basic accounting principles and financial skills necessary to understand the meaning of financial statements, explains the real meaning of accounting jargon and how to measure financial performance.

There is also a review of the recent significant regulatory areas you need to be aware of in the city, such as the change to International Accounting Standards and other regulatory requirements of Sarbanes Oxley and Basel II.

It is intended for those without a financial background who need to be able to develop financial awareness and skills.

 

Course Information

 

The Accounting Foundations – What is Financial Information?

  • Understanding the basics
  • Review of financial statements
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  • Profit & loss account, balance sheet, cash flow
  • How they are produced, why are they needed and how they inter-relate, who are they really for?

 

The Components of A Balance Sheet

  • Assets and liabilities
  • Liquidity
  • Sources of capital and funding
  • What does this tell you about a company

Mesuring Financial Performance – Using the Accounts

  • Historical information vs. future
  • Accruals and cashflow
  • Profit measurement
  • Effect of accounting policies
  • Creative accounting
  • Funding and gearing
  • Valuation of assets

Cash Flow Statements

  • How to read cash flow statements

Review of Key Regulatory Areas to be Aware Of