Functional Concepts Training Course

Functional Concepts Training Course- 20 Hours

The purpose of this program is to enlighten the fundamentals of accounting, rules, concepts and conventions of financial accounting, learning of workflows of the financial transactions and flow chart of this program in the actual work/project.

The concepts of financial accounting are most highly developed and clearly defined in the business world. The Functional concepts are very essential to learn in implementation of Oracle Financials, SAP, ERP applications, HFM, Any EPM Modules, FCCS, Planning, Narrative Reporting, PCMS or any module

Program Objective

The ultimate objective of this program is to establish the strong functional concepts in Financial accounting, Financial Management, Cost Management, and Financial Accounting in order to develop a seamless and resilient/robust professional in configuring business applications EPP and EPM or any business functional applications.

Program Contents

Basic of Accounting and Finance
Functional concepts required for ERP, EPM, SAP or Oracle Fusion Cloud systems
AP, AR, GL, Sub-Ledger system
Trial Balance
P&L
Balance Sheet
Cash Flow
Financial Planning & Analysis
Financial Reports and Balance Sheet Reconciliations
Statutory compliance- Indian GAAP, US GAAP, SOX and IFRS

Performance Evaluation

An Initial evaluation of the performance of the candidate, Identifying the improvement areas, training/ enlightening the gaps, and roll out the final evaluation before the end of the training

Mode of Training

Online/offline

What Is the Out Come of the Program?

You will become an expert accounting professional conceptually and technically in implementing your functional skills at your work, and driving the process/project more effectively in compliance to the project requirements. In addition, a certificate is awarded after completion of the program.

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