(Click Category to List Courses)
4 - AAU - Accounting and Financial Auditing
AAU 203 - Financial Management & Auditing
| Code | Start Date | Duration | Venue | |
|---|---|---|---|---|
| AAU 203 | 23 September 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 203 | 28 October 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 203 | 02 December 2024 | 5 Days | Istanbul | Registration Form Link |
Please contact us for fees
Course Description
A financial manager is the one who has the person to whom everyone returns while taking a decision. He is the one who ensure regular and adequate supply of funds and allocates them into profitable ventures. In this course, students will learn how to apply general management principles to financial resources of the enterprise. They will be introduced to a wide range of concepts ranging from basic accounting principles to complete financial control. They will also be able to conduct financial audit at an external and an internal levels to make sure they are on the right track.
Course Objectives
- Become familiar with the terminology you need in this field
- Establish sound financial management for your organization
- Keep accounting records
- Make effective and efficient use of resources
- Prepare for long-term financial sustainability
Who Should Attend?
- Financial Professionals
- Sales/Marketing Professionals
- General Accounting Professionals
- Business Unit Professionals
- Anyone who wants to refine and advance the budgeting and costing knowledge
Course Details/Schedule
Day 1
- Basic accounting principles
- The purpose of accounting principles
- Conservatism, profit maximization and income smoothing
- Areas where accounting conventions apply
- Financial statements
- Income, expenses, assets and liabilities
- Balance sheet vs. Income statement
- The statement of cash flow
- Other risks on financials
Day 2
- Content and format of the annual report
- Understanding the footnotes
- Debt vs. equity financing
- Introduction to Risk and Return
- Time Value of Money
- Understanding the cost of capital
Day 3
- Overview of the auditing process
- Internal vs. External audits
- Audit standards, guidelines and codes of ethics
- Business processes
- Types of controls
- Risk based audit planning
Day 4
- Conceptual framework underlying fınancıal accounting
- The need for a conceptual framework
- Levels of a conceptual framework
- Converged framework
Day 5
- IFRS & inventory
- Cost
- Property, plant and equipment
- Intangible assets other than goodwill
- Impairment of assets
- IFRS VS GAAP
