Financial training: Learning about the basics

Participants will learn how to check their company's financial standing by learning the basics, such as reading financial statements like BS and PL.

Participants in this training will gain financial knowledge of the basics of corporate accounting, bookkeeping, and how to read financial statements.

Even if the participant is not an accountant or a finance manager, having this skill will be beneficial at work.

This training program is designed to support anyone with an accounting sense.

3 Keys Features of Reskill Training

Full Preparatory Support

You will receive support not only during the training, but also prior to it. A complete set of training material and equipment will be delivered to you by mail beforehand. This will allow you to receive high-quality training with minimum preparation time.

Flat Rate Pricing

With the concept of "More Training", we make the courses available at a clear fixed price, even for a customized single-company training program that provides an excellent training environment.

Online Training Options

We offer various training formats with no additional charge, whether it be in-person, online, or a hybrid of both(partially web-based). Please feel free to contact us regarding your needs.

Training Code: 100154   Information updated:

Financial training: Learning about the basics Goals

Through the usage of mock financial statements, participants will learn the essential business skills of reading, utilizing, and analyzing those statements.

Participants will also benefit from this training as they will find the problem with their company by reading through the statements and find solutions from a financial perspective.

Who Benefits the Most

The following is a general list of target participants for the training and can be adjusted upon review. Please contact us regarding your needs.

This course is designed for those interested in learning the basics of financial statements (income statement and balance sheet) and financial analysis.

Result of Financial training: Learning about the basics

  1. Participants will gain the understanding of basic financial organization and bookkeeping.
  2. Participants will learn how to read financial statements, which has become an essential skill for every business personnel.
  3. Acquire the basics of financial analysis to find the issues to fix from a financial perspective.

Training Objectives

1. Acquire an understanding of basics of corporate accounting and bookkeeping in a short period of time

In a short period, participants will learn what corporate accounting is and the basics of corporate accounting and bookkeeping.

2. Understand the structure of income statement (P/L) and balance sheet (B/S)

Learn about the key terms and concepts of the financial statements of the company.

3. Use a sample financial statement to practice analyzing.

Participants will learn about typical tips for business analysis and develop basic accounting knowledge and business analysis skills. Through actual company examples and exercises, students will objectively evaluate corporate behavior numerically and clarify areas for improvement and goals.

Estimated Training Duration

6 hours (subject to change)

Financial training: Learning about the basics Curriculum

Other training content can be incorporated into the curriculum upon request at no additional charge.

1. The basics of business accounting [Goal] Acquire the understanding of the basics of business accounting.
  • Opening Work : Calculation of gross profit
  • What is Business Accounting? [The definition of business accounting]
  • Financial and Management Accounting [Management Accounting/Financial Accounting]
  • Role of Financial Statements [Role of Financial Statements/(Reference) Financial Statement Disclosure Obligations]
  • Tips for reading and understanding financial statements
  • Income Statement (PL)/Balance Sheet (BS)/Brief Financial Analysis(Management Analysis)
  • *Please bring a calculator or smartphone with you.
2. (Reference) Bookkeeping [Goal] Learn the basics of bookkeeping. (Instead of getting a comprehensive understanding, start with a general idea about what bookkeeping does)
  • What is bookkeeping? [The goal of bookkeeping is preparing a financial statement]
  • Single-entry bookkeeping and double-entry bookkeeping [single-entry bookkeeping/double-entry bookkeeping]
  • The ABC of journal entry [The title of accounts/ The rule of journal entry / 8 elements of transactions and combining relationships/list of major account entries (sample) / where to enter account entries]
  • Basic journal entry practice
3. The basics behind profit and loss statements. [Goal] Be able to read profit and loss statements (PL)
  • What are profit and loss statements? [How to read a profit and loss statemetns]
  • Key terms related to sales and profits
  • Key terms related to cost
  • WORK: Variation in profit [the impact of discounting / profit variation due to costs]
4. The basics of balance sheet [Goal] Be able to comprehend a balance sheet (BS)
  • What is a balance sheet?
  • How to read a balance sheet [Key terms of assets/Key terms of liabilities/
  • Key terms of net assets]
  • The relationship between the income statement and the balance sheet [net income (the company's final profit)]
5. The basic of financial analysis [Goal] Be able to perform simple financial analysis.
  • Profitability (The ability to make money) Analysis [gross profit margin/operating profit margin/return on equity (ROE)]
  • Safety (Likelihood of bankruptcy analysis [equity ratio/current ratio/liquidity ratio on hand]
  • Growth potential (how much the company is growing) analysis [sales growth rate/recurring profit growth rate]
  • WORK: Practice financial analysis
6. General exercises [Goal] Practically analyze through a sample of financial sheets.
  • WORK: Identify problems by analyzing through financial statements.

Training Cost

We provide tailored training programs for an entire company at a fixed rate. We will send you a quotation based on estimated training duration and number of participants.

  • The number of participants, training content and training formats can all be adjusted afterwards with no additional charge.
  • Last minute changes can be made with no additional charge.

Financial training: Learning about the basics Participant Requirements

Anyone can participate. Please bring a calculator (or smartphone)

Area

Online and in-person training are available worldwide.

Frequently Asked Questions

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Yes. The course is designed to meet the needs of our clients and teach skills that can be put into practice right away.
Online and partially web-based courses are both available upon request.

List of Frequently Asked Questions>

Related Training Information

This page is about Financial training: Learning about the basics course planned for a single company. Please see below for other training courses and related training programs.

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