Financial & Accounting in Banking

Financial & Accounting in Banking

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2Month/20 Hours                                                  Price:45,000

                                                                                     40,000 

Financial & Accounting in Banking

The Financial & Accounting in Banking course provides comprehensive insights into the financial and accounting practices essential in the banking sector. This course is designed to equip participants with the knowledge and skills needed to manage financial operations, understand regulatory requirements, and perform critical accounting functions within a banking environment.


Key Learnings:

  1. Fundamentals of Banking and Financial Services:

Understanding the banking system and its role in the economy

Overview of different types of financial services offered by banks

Banking Regulations and Compliance:

Key regulatory frameworks governing the banking industry

Compliance requirements and the role of compliance officers

Financial Statements and Analysis:

Preparation and interpretation of financial statements

Ratio analysis and its importance in banking

Accounting Principles in Banking:

Basic accounting principles and concepts

Specific accounting practices and standards used in banking

Asset and Liability Management:

Understanding asset and liability management (ALM)

Techniques for managing liquidity and interest rate risk

Loan and Investment Management:

Accounting for loans and investments

Risk assessment and management in loan portfolios

Bank Performance Analysis:

Key performance indicators (KPIs) for banks

Analyzing bank performance using financial ratios

Internal Controls and Auditing:

Importance of internal controls in banking

Basics of internal auditing and its role in ensuring compliance and accuracy

Technology and Innovation in Banking:

Impact of technology on banking operations

Emerging trends and innovations in financial technology (FinTech)


 

Detailed Course Modules:

Module 1: Introduction to Banking and Financial Services

  • Overview of the banking industry
  • Functions and services provided by banks
  • Role of banks in the financial system

Module 2: Regulatory Environment and Compliance

  • Key banking regulations and their impact
  • The role of regulatory bodies
  • Compliance processes and practices

Module 3: Financial Statements in Banking

  • Components of financial statements
  • Balance sheet, income statement, and cash flow statement
  • Analyzing financial statements

Module 4: Accounting Principles and Standards

  • Fundamental accounting principles
  • International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP)
  • Specific accounting standards for banks

Module 5: Asset and Liability Management (ALM)

  • Concepts of ALM
  • Strategies for managing assets and liabilities
  • Liquidity management and interest rate risk

Module 6: Loan and Investment Accounting

  • Types of loans and investments
  • Accounting treatment for loans and investments
  • Risk management practices

Module 7: Performance Analysis and Management

  • Key performance indicators (KPIs) for banks
  • Financial ratio analysis
  • Benchmarking and performance improvement

Module 8: Internal Controls and Auditing

  • Importance of internal controls
  • Types of internal controls in banking
  • Basics of internal and external auditing

Module 9: Technology and Innovation in Banking

  • Impact of digital transformation on banking
  • Overview of financial technology (FinTech)
  • Emerging trends and future of banking technology

 

Career Path:

Upon completing this course, participants will be well-equipped to pursue various roles within the banking sector, such as:

  • Financial Analyst
  • Bank Accountant
  • Compliance Officer
  • Internal Auditor
  • Risk Management Specialist
  • Asset and Liability Manager

Who this course is for:

·         Accounting Students

·         Banking Students

·         Finance Students

·         Accounting Executives

·         Banking Executives


International Student Fees: USD250$


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