Finance Campus Program

The aim of the Program is to develop required Finance and Accounting competencies in new hires with no or limited F&A background before joining operational work. Professional training materials include a textbook and a workbook. Each Program participant has a chance to execute practical exercises & case studies which reflect real operational environment. Trainings can also be conducted separately and customized to particular needs, depending on the employees’ level of experience and financial background.

Choose progress step

Campus – Accounting Fundamentals

32 hours

Agenda:

ACCOUNTING CATEGORIES AND TERMS

KEY ACCOUNTING CONCEPTS

  • Accounting Policies
  • Account types and dual aspect principle
  • Debits and Credits

FINANCIAL STATEMENT

  • Statement of Financial Position, Income, Cash Flow, Changes in Equity
  • Notes to Financial Statement
  • Ratio Analysis

ACCOUNTING OF TRANSACTION

  • Identify transaction and prepare documentation
  • Post/Record transactions
  • Post/Record adjusting entries
  • Balance accounts and check of Trial Balance
  • Preparation of Financial Statement
  • Case Study

Campus – Procure to Pay

16 hours

Agenda:

SOURCING AND PROCUREMENT

  • Determine Need and Specify Requirements
  • Transform Need into Purchase Indent
  • Supplier Selection
  • Master Data
  • Purchase Order Release and Follow-Up
  • Goods Receipt and Record

ACCOUNTS PAYABLE

  • Invoice Receipt
  • Vendor Query
  • Travel and Expenses
  • Payment Activities
  • Post-Payment Activities
  • Reporting and Analysis

ACCOUNTS PAYABLE MONITORING

  • Key Performance Indicators
  • Segregation of Duties

Campus – Order to Cash

24 hours

Agenda:

– BUSINESS CYCLE

– ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER

– WORKING CAPITAL CYCLE

– ORDER TO CASH PROCESS

  • Customer Master Data
  • Credit Risk Management
  • Order Management
  • Order Fulfilment
  • Customer Billing
  • Collection & Dispute Management
  • Cash Application
  • Month-end procedures

– OTC REPORTING

  • OTC Reporting – Aged Debt Analysis
  • OTC Metrics

– OTC SOFT SKILLS – ollection (role play)

Campus – Record to Report

8 hours

Agenda:

– RESPONSIBILITIES, GENERAL LEDGER AND SUBSIDIARY LEDGER, CHART OF ACCOUNTS

– DOCUMENTS (JOURNAL VOUCHER, BANK STATEMENT, PAYROLL)

– OPERATIONAL ACTIVITIES

  • JV Creation and Posting
  • Recurring and adjusting entries
  • Balance Sheet Accounts Reconciliation and Justification
  • Fixed Assets
  • Inventory
  • Project Accounting
  • Hedging
  • Revenue Recognition

MONTH AND CLOSING ACTIVITIES

  • Revaluation
  • VAT Transfer
  • Reconciliation
  • Profit Centre Accounting
  • Closure of books
  • Consolidation