New York, New York (PressExposure) November 06, 2009 -- The Edcomm Group Bankerâs Academy has recently updated its Intermediate Financial Accounting training program with new content and additional activities. Intermediate Financial Accounting has been revised as part of The Edcomm Group Bankerâs Academyâs commitment to providing the most up-to-date and pertinent financial services information.
With respect to banking, financial accounting plays an important role. Financial accounting allows the Bank to better understand a companyâs financial records when determining whether or not to extend or increase credit to the company. Employees need to not only know how to complete the accounting process, but must be able to comprehend a more advanced form of financial accounting.
Intermediate Financial Accounting, from Edcomm Bankerâs Academy, gives students an advanced look at financial accounting, beginning with an introduction to the accounting process and a review of the accounting cycles and adjusting entries, such as accrued revenues and unearned revenues. The course then goes on to introduce students to more advanced financial accounting concepts and principles, including bank reconciliation, financial ratios, inventory accounting and depreciation, helping them to better understand their companyâs financial records.
For more information about programs like this, or to find out how The Edcomm Group Bankerâs Academy can customize any training program, log onto http://www.bankersacademy.com or call +1.212.631.9400.