About

This course is designed to provide (non-finance) managers with a solid understanding of the financial and accounting processes that you will encounter in your everyday work. Through case studies and class discussions you will gain the knowledge to view your company from a financial perspective, and be taught accounting terms and concepts to help you manage financial matters with confidence.

Course format

• This course is available at IATA Training Centers, regional training partner locations, and on-demand as in-company training.
• This course provides 3 days (24 hours) of instruction delivered by an official IATA Instructor.
• Student performance will be based on an examination.

Prerequisites

• The recommended level of language proficiency is ICAO Operational Level 4 for courses in English or equivalent for other languages.

What you will learn

Upon completion of this course you will be able to:

• Understand and use specific financial vocabulary
• Apply accounting techniques
• Understand financial reports, including annual reports
• Identify limitations of financial statements

Course content

• Financial accounting
• The financial view of the firm
• Content of financial statements
• Accounting rules
• Accounting standards and their impact on accounting data
• Balance sheet, income statement, statement of cash flows
• Recording transactions in 3 financial products
• Recording transactions in ledger and journal
• Preparing trial balance
• Chart of accounts

Activities

• Group discussions
• Case studies

Who should attend

This course is recommended for:

• Business unit managers
• Junior finance managers
• Accounting team managers

Certificate awarded

An IATA Certificate of Completion is awarded to participants obtaining a grade of 70% or higher on all exercises and exams. A special distinction is awarded to participants obtaining a grade of 90% or higher.

Additional information

About IATA Classroom Training
We train more than 10,000 aviation professionals annually through our global network of IATA Training Centers, Regional Training Partners, and in private in-company sessions. Our 200+ classroom courses are developed using IATA’s unique industry insight and delivered by IATA Instructors, experts in their fields. More