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:

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

2- Banking Regulations and Compliance:

Key regulatory frameworks governing the banking industry

Compliance requirements and the role of compliance officers

3- Financial Statements and Analysis:

Preparation and interpretation of financial statements

Ratio analysis and its importance in banking

4-Accounting Principles in Banking:

Basic accounting principles and concepts

Specific accounting practices and standards used in banking

5- Asset and Liability Management:

Understanding asset and liability management (ALM)

Techniques for managing liquidity and interest rate risk

6-Loan and Investment Management:

Accounting for loans and investments

Risk assessment and management in loan portfolios

7-Bank Performance Analysis:

Key performance indicators (KPIs) for banks

Analyzing bank performance using financial ratios

8-Internal Controls and Auditing:

Importance of internal controls in banking

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

9- Technology and Innovation in Banking:

Impact of technology on banking operations

Emerging trends and innovations in financial technology (FinTech)

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)