Introduction to the Financial Analysis Process for Company Controllers
A comprehensive knowledge about how the financial analysis process is carried out is essential for company controllers since they are considered as the chief accounting officers and accounting department heads of an organization. Financial analysis refers to that vital process which involves analyzing all the figures and concepts in the past and present financial statements and other accounting reports of an organization as a means of helping the most authorized people in formulating the right decisions. Financial analysis is extremely important for company controllers as this will allow them to become more familiar about the procedures involved in closely scrutinizing the financial statements of the company as well as other financial accounts and reports that are essential for its growth and development including cost accounting, general ledger, accounts receivable, accounts payable, tax compliance, payroll and budgeting.
A more comprehensive knowledge about the financial analysis process is also extremely essential for company controllers because this will allow them to successfully handle all their duties and responsibilities especially the act of supervising accountants and any other professional who is part of the finance and accounting department of an organization including cost accounting manager, payroll manager, tax manager and credit manager. With the help of their detailed background about finance and accounting and the entire financial analysis process, it will no longer become hard for those who have completed a company controllers course to perform their responsibilities including the preparation of financial statements and reports and making sure that accurate, relevant, objective and updated information are included in all these statements and reports.
Brainmeasures Financial Analysis Certification for Company Controllers
Brainmeasures, a reputable company which is known for being the leader in providing reliable online certification courses and programs to the public, offers a financial analysis certification course designed for aspiring company controllers who wish to gain a more comprehensive background about the topic. The financial analysis course for company controllers offered by Brainmeasures is one hundred percent guaranteed to offer you a more concrete understanding about how you can solve the problems within an organization through proper financial analysis. It can offer you the most detailed company controllers financial analysis training because the entire online certification program covers information related to the different methods used in effectively carrying out the financial analysis process and using its results to formulate sound and profitable decisions. If you get your certificate in this field, then it will be easier for you to make great contributions to the success of an organization.
Highlights of the Financial Analysis Certification for Company Controllers Offered by Brainmeasures
The financial analysis certification program offered by Brainmeasures which is primarily designed for company controllers can definitely help you in honing your skills and in improving your knowledge about the field so you will never have a difficult time performing your duties and responsibilities as a controller. Included in the Brainmeasures financial analysis certification program for company controllers are the following vital topics:
- Proper evaluation of cash flows, capital investments and options for financing
- Ways to increase shareholder value
- Different techniques that you can use in accurately measuring intangible assets
- Techniques used in improving the performance of the research and development department
- Calculating the breakeven point
- Predicting the future conditions of a business
- Effective methods that work in determining which among the products and services within an organization should be eliminated
- Taking advantage of Microsoft Excel when conducting financial analysis
- Effectively analyzing risks
- The major roles of financial analysis
- Accurate evaluation of the performance of management
- Analyzing the profitability of the products and services in an organization
- Tools that you can use when it comes to detecting risks
- Integrating the detected risk into an analytical report which can be used by management for decision-making purposes
Beneficiaries of the Financial Analysis Certification for Company Controllers Program
Basically, the individuals and professionals who can receive the greatest benefits from the financial analysis certification program for company controllers offered by Brainmeasures are aspiring and existing controllers who wish to gain a full understanding about everything related to financial analysis in order for them to successfully carry out all their tasks and responsibilities. The financial analysis certification course, however, is not only beneficial for controllers but for other professionals as well especially those who are part of the finance and accounting department of an organization. These include credit managers, tax managers, payroll managers, accounting managers, accounts payable managers and cost accounting managers.
Job Opportunities after Completing a Financial Analysis Certification Course for Company Controllers
Being a holder of the financial analysis certification course offered by Brainmeasures can open up a wide array of employment opportunities for you. Among the many jobs that may delight those who have completed their financial analysis certification course for company controller are the following:
- Financial Controller
- Corporate Finance Executive / Accountant
- Corporate Finance Manager
- Finance and Risk Project Manager
- Senior Financial Analyst
- Financial Management Comptroller Analyst
Expected Salary for Holders of Financial Analysis Certification for Company Controllers
If you are one of those who have completed a financial analysis certification course designed for company controllers, then be aware that this certification will be a huge help in increasing your salary. The average annual salary for company controllers who have also received their financial analysis certification is $79,000. You can expect this amount to grow depending on your employer and the specific location where you decide to practice your profession.