Financial Statement Training
A financial statement training program helps a participant understand the four basic accounting reports and how they help management make decisions. These reports include a balance sheet, income statement, cash flow statement and equity statement.
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Purposes
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A financial statement training curriculum helps an attendee familiarize himself with components of an income statement, such as revenues, expenses and net income.
Methods of Training
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A training course participant who wants to learn about the income statement can log into a secure website and select course modules. She also may attend a professional seminar on the subject.
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Training Topics
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Financial statement training topics vary by company and industry. For instance, a junior risk manager at a bank may select a topic on financial ratio analysis and how it affects a bank's creditworthiness.
Expert Insight
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A financial statement training program coordinator can bring in a specialist, such as a chartered financial analyst, if a topic is complex or no staff have practical expertise in a field.
Benefits
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A participant can attend training sessions to improve financial analysis skills or meet continuing education criteria that an industry association or professional group often requires.
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References
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