Course Overview

What is balance sheet reconciliation process? Balance sheet reconciliation process is the essential process to be carried out by Accounts Personnel in order to ensure figures appearing in balance sheet are in tune with the accounting records available with the organization.

Accounts and finance professionals should adapt to the dynamic nature of the industry considering the current pandemic situation. Risk management along with early detection of risks helps an organization to mitigate the risks at the right time. Balance sheet reconciliation not only helps in identifying such factors but also helps in analysing the future prospects of the organization.

What makes a good balance sheet reconciliation? Reconciling a balance sheet account properly, requires making sure that you have recorded and accounted for each and every transaction in your business and applied the proper classification in the process. Your balance sheet lists Assets and Liabilities and the Owner’s Equity as well.

This Zoe course will help accounting and finance professionals to dive deep into the various aspects that are dependent on correct financial reporting.

Course Objectives

The Balance Sheet Reconciliation Training will empower the delegates to:

• Understand the key aspects in Balance sheet reconciliation and how automation is helping professionals in Reconciliation
• Enhance their understanding of Cash flows and working capital management with ratio analysis
• Know different strategies to make investments in various companies traded on stock exchange
• Learn different types of Risks and management of the same
• Understand how to incorporate various factors in MIS reporting to top management
• Appreciate how balance sheet reconciliation process improves budgeting and forecasting
• Understand planning and organizing various aspects related to Balance Sheet reconciliation

Training Methodology

This Balance sheet reconciliation training course will comprise following training methods:

• Lectures and presentations
• Group Discussions
• Examples in a Simulated Environment
• Activities and exercises

Zoe Talent Solutions follows ‘Do-Review-Learn-Apply’ model.

Organizational Benefits

Companies who nominate their employees to participate in this ‘Balance Sheet Reconciliation Training Course’ can benefit in the following ways:

• Better and efficient preparation and presentation of Financial Statements
• Better and more structured MIS from employees
• Enhanced and improved budgeting and forecasting

Personal Benefits

Successful completion of Balance Sheet Reconciliation Training Course, shall benefit participants in the following ways:

• Improved understanding of Financial Statements and using AI for Balance Sheet Reconciliation
• Enhanced cash flow and working capital management knowledge
• Investment and returns in various companies listed around the world
• Understanding how to improve your value in your organization
• Better preparation of MIS

Who Should Attend?

Professionals in Accounting and Finance field willing to enhance their knowledge and raise their accounting and financial skills should attend the course on Balance Sheet reconciliation.

Course Outline

Module 1: Introduction

• Key Aspects of Financial Statements
• Financial Statement Objectives
• Different Presentation Structures of Financial Statement
• What is Balance Sheet Reconciliation?

Module 2: Balance Sheet Reconciliation – A Concept

• Automation of Accounts
• Balance Sheet Reconciliation in the era of Automation
• AI and Balance Sheet Reconciliation

Module 3: Balance Sheet Analysis

• Ratio Analysis
• Working Capital Management
• Cash Flow and Working Capital Management

Module 4: Investment Decisions and Balance Sheet

• Ratio Analysis and Investment Decisions
• Leverage and its effect

Module 5: Value Creation for Enterprises

• Different Types of Profits
• EBITDA
• Cash Generation v/s Reported Profits

Module 6: Risk Management

• Different types of Risk
• Risk Analysis and measurement in Automation era
• Risk Measurement Techniques
• Risk Management Tools and Techniques
• Risk Adjusted Returns

Module 7: MIS

• MIS Preparation and Analysis
• Different Types of MIS Reports

Module 8: Budgeting and Forecasting

• Using current Balance sheet and ratios in Budgeting and Forecasting

Module 9: Planning and Organizing

• Using Balance Sheet Reconciliation as a tool for Planning
• Balance Sheet Approach to Planning and Organizing